Property Investment News and Analysis from Dominic Farrell.
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View Article  House prices fell in May, Land Registry says

House prices in England and Wales fell by 0.2% between April and May, according to the Land Registry.

The annual rate of price change also fell, with prices 8.2% higher in May from a year ago, against 8.5% in April.

The average property value in England and Wales is now ...   more »

View Article  Budget key points: At-a-glance

Here are the key points of Chancellor George Osborne's first Budget, delivered on 22 June, 2010:

TAX

VAT: Rate will rise from 17.5% to 20% from January 4, 2011.

Personal income tax allowance: To be increased by £1,000 in April to £7,475 - worth £170 a year to basic rate ...   more »

View Article  Budget 2010: Britain on 'road to ruin' without cuts

Britain is "on the road to ruin" unless action is taken in the Budget on Tuesday to cut the deficit, Chancellor George Osborne has told the BBC.

Mr Osborne said the coalition had inherited "a truly awful financial situation" and he would set out a four-year plan to deal with ...   more »

View Article  Capital gains tax should not rise, business group warns

The chancellor should avoid introducing "punishing" tax rises which hit economic growth, the British Chambers of Commerce (BCC) has said.

The BCC said it was concerned that George Osborne could use next week's Budget to unveil a rise in capital gains tax.

This is the levy firms or individuals pay ...   more »

View Article  House price inflation back to 10%, government says

Annual house price inflation is back in double-digits, according to government figures.

The Department for Communities and Local Government (DCLG) said prices in April were 10.1% higher than a year ago.

That was the highest rate of inflation since October 2007, when prices were on a downward trend.

UK house ...   more »

View Article  House prices fall says Halifax

House prices in May were 6.9% higher on an annual basis according to latest data from the Halifax. This was the largest increase in the annual rate of change – measured by the average for the latest three months against the same period a year earlier – since October 2007....   more »

View Article  House price inflation hits 8.5% in England and Wales

House prices in England and Wales are continuing to rise strongly, according to the latest figures issued by the Land Registry.

Prices in April rose by another 0.2%, pushing up the annual rate of increase to 8.5%.

This was the fastest rate of growth since September 2007.

Meanwhile, the number ...   more »