Property Investment News and Analysis from Dominic Farrell.
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View Article  Mortgage lending figures give some hope

The number of new mortgages agreed by leading banks edged higher last month, raising hopes that the worst of the drought in the home-loans market may have passed.

A total of 22,448 loans for house purchase, rather than remortgaging, were approved by banks during July. Although this was still a ...   more »

View Article  Buildings razed turning British cities into 'bombsites'

The levy on empty shops, offices and warehouses, which was introduced in April, is aimed at landlords who left buildings deliberately empty as they waited for rents to rise.

It intended to reduce rents, raise property supply and earn the Treasury almost £1 billion in tax.

Opponents of the tax ...   more »

View Article  Persimmon fury at stamp duty delay

HOUSEBUILDER Persimmon yesterday blamed Government dithering over stamp duty for the creation of more confusion in the now stagnant housing market.

Chief executive Mike Farley said the failure of the Government to announce firm plans for deferring stamp duty had “caused further delay and uncertainty” in a market suffering the ...   more »