HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Chancellor Rishi Sunak has extended the stamp duty holiday in the Budget. Anyone buying a home worth up to £500,000 before the end of June will now not pay the tax, and could save up to £15,000, with a reduced discount available until the end of September.
The average rent has now risen above £800 per month across England and Wales.
New research saw average rental figures in July hit £804, up from £789 in the previous month - an increase of 1.9%. This is the fastest month-on-month rise since records began in 2009.
The United Kingdom has beaten the United States to become the most popular destination for overseas Chinese students, according to a recent survey.
The news comes amid an intense tariff war between Beijing and Washington.
More and more of Chinese pupils are turning away from American schools and universities due to concerns over their visas and job prospect across the Pacific Ocean.
Manchester and Birmingham set for faster growth than rest of the country as property value rises in northern England.
A report by HSBC on the current UK property market, in which key changes in property prices, underlying rental demand, supply and demand, rental trends, and economic uncertainty, etc. are discussed.