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Businesses prepare for a bloodbath of redundancies when furlough support starts to reduce | Video

Businesses prepare for a bloodbath of redundancies when furlough support starts to reduce | Video
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United kingdomCity ofKim rixKaren watkinsLee marplesChris ramsbottomMatt housleyRhys schofieldDebbie porterJessica rossAdam bamfordEmily alexanderCraig buntingOliver bryantNatalie dawsonJeremy thompson cook

Britain s mortgage boom cools after record borrowing month

New figures from the Bank of England show mortgage borrowing fell back to £3.3bn in April, down from a record £11.5bn in March.

United kingdomDave ramsdenRhys schofieldAndrew montlakePeak mortgagesSir dave ramsdenStamp dutyBank of englandMortgage borrowingHouse priceOuse pricesMortgage dataஒன்றுபட்டது கிஂக்டம்டேவ் ராம்ஸ்டன்ரைஸ் ஸ்கோஃபீல்ட்ஆண்ட்ரூ மான்ட்லேக்

UK house prices spike 11pc despite looming tax rise

UK house prices spike 11pc despite looming tax rise Surging value will continue even when stamp duty increases, experts say as properties jump at fastest pace for seven years 1 June 2021 • 8:45am House prices rose 10.9pc in the 12 months to May with double-digit increases expected to continue well into the summer. The average cost of a home reached an all-time high of £242,832 last month, an increase of £23,930 since May 2020. Last month s 10.9pc increase was the highest 12-month figure for seven years, according to lender Nationwide. The figures chime with those recorded by the Office for National Statistics: house prices grew 10.2pc in the year to March, the highest since before the financial crisis in August 2007.

United kingdomRhys schofieldRobert gardnerOffice for national statisticsNational statisticsPeak mortgagesHouse pricesBuying propertyஒன்றுபட்டது கிஂக்டம்ரைஸ் ஸ்கோஃபீல்ட்ராபர்ட் கார்ட்னர்அலுவலகம் க்கு தேசிய புள்ளிவிவரங்கள்தேசிய புள்ளிவிவரங்கள்உச்சம் அடமானங்கள்வீடு ப்ரைஸஸ்வாங்குதல் ப்ராபர்டீ

House prices surge at fastest rate since 2007

House prices surge at fastest rate since 2007 Average house worth £256,000 at the end of March – 10pc higher than in 2020 19 May 2021 • 11:22am House prices in the UK surged by double digits in the year to March, at the fastest rate in almost 14 years. The latest figures from the Office for National Statistics showed prices grew by 10.2pc, the highest since August 2007, before the financial crisis. The increase was up from the 9.2pc annual rise recorded in February. The average house price in the UK hit £256,000 in March, according to the official figures, which is £24,000 higher than in the same month in 2020.

City ofUnited kingdomRhys schofieldAndrew wishartOffice for national statisticsNational statisticsPeak mortgagesCapital economicsMo neyUk propertyHousing marketStamp dutyHouse pricesBuying propertyநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்

House prices surge at fastest pace in 17 years

House prices surge at fastest pace in 17 years The average cost of a home in Britain has hit a record high of £238,831 30 April 2021 • 8:57am House prices have surged at the fastest pace in more than 17 years, as the extension of the stamp duty holiday reignited the property market. Prices jumped 2.1pc month-on-month in April, the biggest monthly rise since February 2004, to a record average price of £238,831, according to lender Nationwide. House prices bounced back from a dip in March, with Nationwide reporting an annual increase in values of 7.1pc, close to December’s six-year high of 7.3pc. Nationwide’s Robert Gardner said: “Just as expectations of the end of the stamp duty holiday led to a slowdown in house price growth in March, so the extension of the stamp duty holiday in the Budget prompted a reacceleration in April.” Buyer demand was widely expected to collapse when the stamp duty holiday finished, but the scheme was extended in March to September

Robert gardnerBryan schofieldAnna clare harperRoyal institutionPeak mortgagesJeremey leafMo neyHouse pricesUk propertyBuying propertyராபர்ட் கார்ட்னர்ரியான் ஸ்கோஃபீல்ட்அண்ணா தெளிவு ஹார்பர்அரச நிறுவனம்உச்சம் அடமானங்கள்வீடு ப்ரைஸஸ்