|
||||||||||
|
The labour Government’s stamp duty exemption for first time buyers has failed to boost the number of people hoping to get on to the property ladder. Only 26.3pc of people planning to buy a property during the coming 12 months are first-time buyers, according to property website Rightmove. Rightmove questioned more than 35,000 people and found the [...] Having sold the nation’s gold reserves at the bottom of the market, it seems that Gordon Brown’s shocking financial ineptitude also extends to his current property. The value of 10 Downing Street has plummeted in value while Gordon Brown has been in residence according to new research. The property is valued at £4.5 million, a drop of [...] Construction activity grew in March for the first time since 2008 with a resurgence in housebuilding. Despite job cuts across the industry continuing at a sharp rate, a growth in new orders fuelled an upturn in construction activity and fresh optimism among the sector, according to the Chartered Institute of Purchasing and Supply (CIPS). The CIPS/Markit Construction [...] In an attempt to keep sales ticking over, last week’s Budget introduced a new policy to try and encourage the UK housing market to keep moving. The 1% stamp duty band – which cover homes worth between £125,000 and £250,000 – will be abolished for two years, but for first-time buyers only. The Nationwide said it would [...] More than two thirds of business leaders think labour Chancellor Alistair Darling is doing a bad job, a survey by the Institute of Directors suggests. The poll of 1,200 members suggested 45% thought Wednesday’s budget would damage the economy, while 16% said it would be positive. The rest were neutral. Mr Darling’s Budget has dented confidence, say [...] Nearly 60% of UK businesses were refused credit by their banks last year, despite the labour government’s efforts to boost lending.A survey from the Institute of Directors (IOD) found 57% of businesses were denied money, and 20% used credit cards to finance their business.The report contradicts recent claims by banks that they are lending to [...] The labour Government’s free debt advice service is being forced to turn people away after being unable to cope with a 28pc jump in demand. MPs described the labour Government’s approach to advising people in debt as a “triumph of bureaucracy over practicality” and urged it to “shake up” its strategy to meet the increasing demand [...] A labour Government scheme to help homeowners avoid repossession has cost the equivalent of £165,000 for each of the households it has rescued. The Homeowner Mortgage Support Scheme was announced in a big fanfare a year ago to help struggling borrowers stay in their homes, but has ended up helping just 15 families so far. The labour [...] The labour Chancellor’s decision not to extend the stamp duty holiday on lower-value homes was a “poke in the eye” for first-time buyers, analysts warned yesterday, adding that the move threatened the fragile recovery in the housing industry. The Chancellor told the House of Commons that the break from stamp duty, under which anyone buying a [...] The end of the Government’s stamp duty tax holiday will hit the UK housing market hardest in regions that are already failing to benefit from the recovery. The Royal Institution of Chartered Surveyors said the end of the stamp duty exemption on properties costing up to £175,000 could have a “detrimental effect” on the recovery in [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
|
||||||||||
|
As you would expect from an ethical company which is passionate about providing an excellent customer service, our website meets the W3C Organisation's requirements for good website design and accessibility standards. You can check our current pages for yourself by clicking on these logos:
|
||||||||||
