London-based estate agent raises profit forecasts amid Covid ‘race for space’ and warehouse boomCoronavirus – latest updatesSee all our coronavirus coverageA rush to buy £1m-plus homes in the countryside in the Covid-inspired “race for space” and the w…
UK house price rises accelerate in November; markets shake off Omicron worries – business live
Rolling coverage of the latest economic and financial newsUK house prices rose 0.9% in November, says NationwidePrices 10% higher than a year agoBut Omicron variant and inflation mean outlook is uncertainMarkets rise after BioNTech reassurance over vac…
UK house prices return to double-digit growth
Annual price growth hit 10% in November, up from 9.9% in October, according to Nationwide indexHouse prices in the UK continued their upwards climb in November, reaching double-digit growth again as demand remained strong after the end of the stamp dut…
Average UK house price rises by £25,000 in a year
Cost of a home climbed in every region in 12 months to August, with prices in London rising to £526,000The average cost of a UK home increased by £25,000 in the 12 months to August, official figures show, with rises recorded in all regions.The annual r…
I want to buy a new house and turn mine into rental property. Do I have to pay capital gains tax?
I also plan to put the rental into trust for my son when he turns 18, but I am confused about the levyQ I am really confused about capital gains tax. I’ve just put an offer on a second house, in which I plan to live. I also plan to release equity from …
‘Eco’ wood stoves emit 750 times more pollution than an HGV, study shows
Only ecodesign stoves can be legally sold from 2022 – but experts say the standard is shockingly weakNew wood burning stoves billed as more environmentally friendly still emit 750 times more tiny particle pollution than a modern HGV truck, a report has…
Yorkshire building society launches 0.78% rate mortgage
It will track Bank of England’s base rate for two years but cost could go up if Bank moves interest ratesYorkshire building society this week launched a mortgage with a market-leading rate of 0.78% – but the cost could go up if the Bank of England move…
Property, pay and regional power could be the keys to ‘levelling up’ | Letters
Sheila Preston addresses property prices and pay levels, Roger Read makes a case for regional governance, Peter D Hogg suggests moving Eton College to Hartlepool, while Marilyn Hall hopes to see the end of grammar schools The much-discussed issue of “l…
Homes for watching wildlife – in pictures
From a cottage with a koi lake in Cornwall to a housing estate in Hackney perfect for birdwatching Continue reading…
UK house prices show strongest monthly rise since 2007
Halifax says average property price rose by 1.7%, or £4,425, to £267,587 in SeptemberHouse prices registered the strongest monthly rise for 14 years in September, pushing the average cost of a home to a record high and reversing a three-month decline i…