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Residential property transactions grew by 15.3% on a monthly basis in February 2022, official government figures show. In total, on a provisional and non-seasonally adjusted basis, there were 96,250 transactions of this type, which is 20.6% lower than recorded in February 2021. However, as Dashly founder Ross Boyd
The Prime Minister is expected to unveil the blueprint for his 'living with Covid' plan in the Commons this afternoon.
The stamp duty holiday has led to a significant fall in the number of people paying this tax over the last quarter, according to the latest HMRC figures. HMRC figures shows the number of property transactions subject to stamp duty land tax (SDLT) were 10% lower in Q4 2021, when compared to the previous three months
The market is pricing in a 25 basis point rise in interest rates, ahead of the Bank of England's (BoE) monetary policy meeting later this week. This would take the rate to 0.50%, where it last sat in November 2017. The Monetary Policy Committee will meet on Thursday, (3 February) and it is widely anticipated that it
Dominik Lipnicki, director of Your Mortgage Decisions, said: "As with the rest of 2021, the mortgage and housing markets remained exceptionally strong throughout the fourth quarter, with demand for mortgages as robust as ever."