The housing market is firmly stuck in the doldrums with little hope of easing in the near future, according to the latest data – with London standing out as the only high spot.
Estate agents say house prices and sales remained static in March.
While the Communities and Local Government Department (CLG) released figures for February UK pegging the annual increase since February 2010 at just 0.7% and 0.3% between January to February. Continue reading London leads the way in static UK housing market
Homeless charity Shelter is calling for the scrapping of council tax discounts on second homes and property that stands empty.
A new study looking at ways to maximise the use of existing housing reckons ending the discount would raise £42 million a year that councils and the government could divert to improving housing supply. This appears to be another badly considered plan following their controversial video and statistics that yet again give landlords a bad name. What are Shelter playing at? Do they not see that the vast majority of private landlords solve thousand’s more housing problems than a very small percentage of rogue landlords create? Continue reading Call to scrap council tax perks for second homeowners