Months of “frenzied buyer activity” have driven the
average asking price for a home in Britain to a new high, according to the
property website Rightmove. The property portal said it expected figures to
show that June was the busiest month on record for sales, with buyers rushing
to complete before stamp duty rules change in parts of the United Kingdom. On
30 June, a temporary tax break on the first £500,000 of the cost of a
residential property in England and Northern Ireland began to be phased out,
with the threshold cut to £250,000. Wales ended its temporary tax break
entirely, while Scotland’s had finished at the end of March. Read more on the
Guardian website.
Why do we keep building on land at risk of flooding?
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A recent study by Aviva found that one in nine new homes in England are
being built on land at risk of flooding – often entirely within planning
rules. J...
20 hours ago
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