Abbey Independent Inventories

Rate softens to 2.4% in October as Nationwide expects more transactions before budget's nil rate band move The growth in UK house prices slowed unexpectedly last month, Nationwide said, as it warned buyers to expect a rush in transactions early next year sparked by changes to stamp duty rules in the budget.The building society's monthly index showe...

Article by Graham Norwood- LandlordToday Rightmove says that while much of the housing market is carrying on regardless, some higher end potential vendors are now sitting on their hands. In the weeks since the surprise election announcement, the number of top-end sellers coming to market is 3% lower than a year ago, versus being 11% higher in the previous two-week period. “Some potential sellers appear to be watching and waiting rather than takin...