Home is the best investment you can make
DenEco Blog
by denecoblog
3y ago
Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me ..read more
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UK Property house prices reach a new high after biggest jump in recent years
DenEco Blog
by denecoblog
3y ago
UK property prices have hit a record high after their biggest monthly leap since 2016. The average property sold for £245,747 ($325,000) in August, according to a widely-followed house price index released on Monday by lender Halifax. It marks a 1.6% increase on prices in July and 5.2% rise on a year earlier, the biggest monthly jump since late 2016. The price gains still came in below analysts’ expectations however, with most expecting a 6% rise year-on-year. Britain’s property market has seen sales and prices boom in recent months, with a surge in demand post-lockdown and a tempor ..read more
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UK Property Stamp Duty Holiday set to boost the economy
DenEco Blog
by denecoblog
4y ago
Chancellor Rishi Sunak has announced a Stamp Duty holiday, raising the level at which the tax is charged to £500,000 of all property sales in England and Northern Ireland. The tax threshold has been temporarily raised until next March to boost the property market and help buyers struggling because of the coronavirus crisis. The changes have come in with immediate effect. This means that you could now save thousands of pounds when purchasing your next home – making it the ideal time to buy The average home currently costs £248,000 – with the changes announced you would save £2,4 ..read more
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No Test – No Testimony
DenEco Blog
by denecoblog
4y ago
Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me ..read more
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Covid19: UK Payment Holiday Extended for 3 months
DenEco Blog
by denecoblog
4y ago
The UK government has told banks to give more time to millions of people struggling with debts owing to the coronavirus crisis. Credit card, store card, catalogue credit and personal loan customers will be able to defer repayments for another three months. The help was first ordered by the City regulator, the Financial Conduct Authority (FCA), in April. Anyone taking advantage of the freeze must still pay back the debt at the end of the deferral period. This has prompted debt charities to warn of the potential for individuals’ financial problems to simply be stored up for a later date. T ..read more
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Can blockchain technology double the speed of UK property sale?
DenEco Blog
by denecoblog
4y ago
The delay in completing a UK property sale several months and has been a big problem in the UK property industry. To solve this problem a blockchain-style platform has promises to double the speed of UK property sales, with the startup behind it announcing a new deal for its widespread use. The deal with other software firms will give around half of UK estate agents access to new technology designed to tackle typical delays in property sales, according to ‘proptech’ firm Coadjute. The firms chief executive Dan Salmons said home sales typically take months because of a lack of joined-up thinki ..read more
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Can UK Green Mortgage help climate change?
DenEco Blog
by denecoblog
4y ago
The UK has set itself a target of net zero greenhouse gas emissions by 2050, but that will be a challenge for the housing market. As things stand, domestic housing accounts for nearly 20% of the UK’s carbon emissions. At the same time, there are few ‘green’ mortgage products and even fewer that have been set up to fund making homes more energy efficient. This matters, because upgrading current buildings will be what helps cut emissions. According to the UK Green Building Council, around 80% of the buildings that will exist in the UK in 2050 are already constructed. Few of those are energy eff ..read more
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UK property prices continues to drop as COVID19 impact deepens
DenEco Blog
by denecoblog
4y ago
A recent survey from Estate Agents across England showed that house prices across the UK fell at the fastest rate since the financial crisis in May with potential buyers saying they would wait at least six months before returning to the housing market. According to the report from the Nationwide Building Society, one of the UK’s largest mortgage lenders, the average price of a home dropped 1.7 per cent in May from the previous month to £218,902. This comes after April’s 0.9 per cent gain and is the biggest monthly fall since February 2009. The figures came as the UK continues to lift its coro ..read more
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What the world need now is the power of love
DenEco Blog
by denecoblog
4y ago
Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me ..read more
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UK Property sale hits record low
DenEco Blog
by denecoblog
4y ago
Residential property sales in the UK in April hit their lowest monthly level since comparable records began in 2005, new figures show. There were 38,060 transactions in April, according to provisional numbers from HM Revenue and Customs (HMRC). This was less than half the level seen in the same month last year. Spring is usually a busy period for the property market, but the coronavirus lockdown halted activity. The government lifted many of these restrictions on the sector in England in mid-May. The total number of UK property sales is slightly less than the previous low when the taps were ..read more
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