Britons have scaled back their expectations of a rise in interest rates, with just 37% expecting an increase in the next 12 months.
London’s commuter belt and its cheapest boroughs will be the biggest beneficiaries of George Osborne’s stamp duty reforms.
London house builder Berkeley has warned that the government’s stamp duty reforms will hurt sales of homes valued above £2m.
Changes to stamp duty could help up to four million ‘frustrated middle-movers’, who have been desperate to leave their first homes.
An influential think tank has said that government reforms have made stamp duty into a bad tax, whereas before it had been a ‘very bad tax’.
A 77-acre piece of land in Surrey is believed to have become the most expensive field in the country when its sale was rushed through on Wednesday.
Home loan borrowers can expect greater clarity and transparency after the Treasury backed a plan to standardise the terms for mortgage fees.
UK retail investors have plunged £3.6bn into commercial property funds over the past year, prompting brokers to urge caution over the sector.
Teenagers will be taught how to calculate mortgage loans, house price rises and the value of investments in a new maths qualification.
A Silicon Valley shantytown called “the jungle” has been torn down by the authorities, who said that it was unsanitary and violent.
Soho House, the members’ club chain, has agreed terms with PizzaExpress’ new Chinese owners to buy Kettner’s.
Property billionaire Vincent Tchenguiz has launched a £2.2bn legal action against accountancy firm Grant Thornton and Icelandic bank Kaupthing.