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Revealed: the extent of the buy-to-let market collapse

New research has exposed the scale of the fall in buy-to-let purchases in the year that the Government hiked stamp duty by 3pc on such transactions. The number of properties sold to buy-to-let investors has fallen 63.7pc in the year to November in England and Wales, according to...
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Business leaders urge government to tackle UK housing crisis

Business leaders have urged the government to tackle the housing shortage by expanding the rental sector and creating incentives for older homeowners to vacate large properties. The CBI set out 10 recommendations to get more people into suitable housing ahead of the publication of a white paper by...
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The 7 most affordable places in the UK to buy a house

Getting a foot on the property ladder has always been difficult, but there are some areas of the UK where it easier than others. The average UK house now costs eight times the average national wage. But new research, carried out by online money-saving agent eMoov, shows that...
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Hammond ditches Osborne’s help-to-buy homes scheme

Philip Hammond has confirmed that the government’s help-to-buy mortgage guarantee scheme will be closed by the end of the year, another of former chancellor George Osborne’s flagships now abandoned by the Treasury. In a letter to Bank of England governor Mark Carney, the chancellor said the scheme had...
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Hertfordshire is best place to raise a family

New parents should consider selling up and moving to Hertfordshire, according a new study which has just named the county the UK’s best place to raise a family. Top exam results, good pay prospects and plenty of sunshine, combined with lots of GPs and fast broadband, place Hertfordshire...
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UK interest rates held at 0.5%

The Bank of England has held the UK’s main interest rate at 0.5% despite speculation that it would cut rates. The Monetary Policy Committee voted 8-1 to leave rates unchanged, but minutes of the meeting showed most members think the Bank will take some action next month.
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