Archives for: December 2009
House repossessions
December 18th, 2009It seems that home repossessions have been much less in this recession than have been previously expected, given the fall in property prices and the rise in unemployment.
Very roughly they have been running at one third of the level of the last recess… more »
Stamp Duty
December 11th, 2009The Chancellor this week confirmed that the break from stamp duty, under which anyone buying a house for £175,000 or less, avoids paying the 1% duty, will end on the last day of this year and will revert to £125,000 on the first day of the new year.
P… more »