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KEYWORD "Kwasi Kwarteng" - 47 RESULTS
Yopa accounts shed light on restructure

Yopa’s latest accounts for 2022 have revealed a “material uncertainty” that the business could continue ahead of a restructure in 2023. The...

12 February 2024

From: Breaking News

One year later: Market remains tough for buyers after mini-Budget mayhem

It is just over one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-Budget and homeowners and...

25 September 2023

From: Breaking News

Property Natter - Ready, steady, go?

Funny how time flies faster as you get older and I’m reminded that next week, (23rd September, to be precise) it...

16 September 2023

From: Features

Jonathan Rolande: Have we banished the ghost of Truss and Kwarteng?

In his latest column, property commentator Jonathan Rolande, provides his take on the biggest stories from the past seven days.  For a long...

26 May 2023

From: Breaking News

Property Natter - Damned if you do and damned if you don't

  It's not often that I have sympathy for our glorious leaders – those who set the rules by which we all...

25 March 2023

From: Features

Light-touch Budget is no bad thing for the housing market

When Jeremy Hunt sat down in the Commons after delivering his first Spring Budget, I imagine there were many who felt...

18 March 2023

From: Features

Knight Frank: ‘Don’t underestimate ‘needs-based buyers’

The motivation of ‘needs-based buyers’ shouldn’t be underestimated despite the current negative market data, Knight Frank claims. Official data in recent weeks...

07 February 2023

From: Breaking News

Mortgage approvals hit lowest level since the pandemic 

Mortgage approvals for home purchase hit their lowest level since June 2020 during November, the latest Bank of England data has...

05 January 2023

From: Breaking News

Knight Frank: Property market picture remains clouded until mortgages stabilise

The “great recalculation” of the property market will take at least six months to show, Knight Frank claims. Tom Bill, head of...

23 December 2022

From: Breaking News

Conveyancers - why preparing for the worst is a wise move

A report earlier this month warned that conveyancing firms should stress test their businesses for a sharp decline in work volumes. These businesses...

03 December 2022

From: Features

Boost for buyers as average mortgage rates dip back below 6%

Mortgage borrowers who paused home purchasing plans may be getting a respite from rising rates after new data shows average pricing...

23 November 2022

From: Breaking News

Regional agent: ‘Why I’m glad Stamp Duty cuts are being reversed

A West Midlands estate agent has backed Chancellor Jeremy Hunt’s plans to reverse cuts to Stamp Duty, claiming they should never...

21 November 2022

From: Breaking News

Autumn Statement - what did our panel of property experts make of it?

The property sector braced itself for the chill wind of Chancellor Jeremy Hunt’s Autumn Statement this week. His pre-Budget comment that he...

19 November 2022

From: Features

Chancellor unveils plan to reverse Stamp Duty cuts

Chancellor Jeremy Hunt has outlined plans to reduce Stamp Duty cuts outlined in his predecessor’s mini-Budget. In September, former Chancellor Kwasi Kwarteng...

17 November 2022

From: Breaking News

Autumn Statement: What agents want from Chancellor Hunt

Chancellor Jeremy Hunt will have a go at balancing the nation’s books today and the main thing agents seem to want...

17 November 2022

From: Breaking News

Analysts assess how far back Sunak can help push mortgage rates

Mortgage rates look likely to fall after Rishi Sunak’s appointment as Prime Minister but analysts are still unsure how far the...

31 October 2022

From: Breaking News

Conveyancing needs its digital enablement moment

Conveyancing is an integral part of the house buying and selling process. But it is a slow process, with the length...

26 October 2022

From: Features

MPs back Stamp Duty cut as Labour queries its benefits

A Bill to bring the Government’s Stamp Duty reductions into legislation reached its second reading in the Houses of Parliament this...

26 October 2022

From: Breaking News

Ready for Rishi? Sector hopes for market clarity under PM Sunak

Property professionals are hoping for calmer markets after Rishi Sunak was confirmed as the new UK Prime Minister yesterday. Sunak won the...

25 October 2022

From: Breaking News

Property Natter – property is holding its own despite the turmoil

I can’t really write about anything else this week, can I? Unless you’ve been living under a rock, you will have...

22 October 2022

From: Features

Leadership or General Election? – what property professionals want

Liz Truss became the shortest serving UK Prime Minister yesterday, resigning after just 45 days and prompting a new Conservative Party...

21 October 2022

From: Breaking News

Agents refute making obscene gestures towards Kwasi Kwarteng

One of the stranger stories emerging from the fallout of Kwasi Kwarteng’s sacking last Friday has been news that someone in...

19 October 2022

From: Breaking News

Cash buyers – where in the UK are they most prominent?

The latest research from property consultancy Knight Frank has set out which areas of the UK have the largest proportion of...

19 October 2022

From: Breaking News

Stamp duty cut - much needed boost or short term fix? Either way, estate agents need to prepare for the rush

The Government’s mini budget on September 23 was anything but ‘mini’ with several major announcements one of the most significant of...

17 October 2022

From: Sponsored Content

Stamp duty cut to remain as Hunt scraps mini-Budget

The new Chancellor, Jeremy Hunt, has reversed almost all of the tax cuts set out in Kwasi Kwarteng's disastrous mini-Budget three...

17 October 2022

From: Breaking News

‘A safe pair of hands?’ – property industry reacts to new Chancellor

New Chancellor Jeremy Hunt has been described as a safe pair of hands who could limit the extent of a housing...

17 October 2022

From: Breaking News

Chancellor sacked as Truss U-turns on corporation tax cut

In a dramatic, fast-moving day, the Chancellor Kwasi Kwarteng was sacked ahead of a press conference by Liz Truss which reversed the...

14 October 2022

From: Breaking News

Two weeks later - Zoopla warns demand and sales have dropped since mini-Budget

Buyer demand has dropped by a fifth in the fortnight since the mini-Budget while supply has increased from worried homeowners, Zoopla...

14 October 2022

From: Breaking News

Winkworth: ‘The mini-Budget hasn’t hit property sales yet’

Agency franchise brand Winkworth is sticking to its market expectations for this year as it claims the mini-Budget is yet to...

13 October 2022

From: Breaking News

Mortgage rate rises starting to hit Prime London sales, says Knight Frank

Knight Frank expects prices to fall by 3% next year in Prime Central London (PCL) before rising modestly in the years...

11 October 2022

From: Breaking News

Halifax HPI – house prices dip slightly as market shows more signs of slowing

House prices fell marginally (down by 0.1%) in September as the market displayed further signs of slowdown. That was according to Halifax’s...

10 October 2022

From: Breaking News

Quality marketing counts more than ever in tougher conditions, claims firm

Estate agents need to concentrate on quality marketing more than ever before as mortgage interest rates rise and lenders become ever...

06 October 2022

From: Breaking News

Agents facing falling demand as asking price cuts rise

Property demand has dropped while price reductions have increased in recent weeks, data shows. Two separate pieces of industry data give new...

04 October 2022

From: Breaking News

‘From scary to terrifying,’ analysts assess property market prospects

House prices look likely to fall next year, a senior analyst claims while another warns the property market is moving from...

03 October 2022

From: Breaking News

Mortgage product choice dropped by almost half in September - data

The choice of mortgage products for borrowers dropped by almost half during September, new figures show. Thousands of mortgages were withdrawn and...

03 October 2022

From: Breaking News

Poor Liz and Kwasi. What Do They Do Now?

Who would be in the shoes of Liz Truss and Kwasi Kwarteng? I don’t mean who would like their power, pay and...

01 October 2022

From: Features

Insight – what impact will the economic tug-of-war have on the property market?

With the Treasury and the Bank of England stepping in to try and calm the markets, talk of an emergency interest...

28 September 2022

From: Breaking News

Mortgage chaos leaves first-time buyers ‘high and dry’, claims property expert

The fallout from Chancellor Kwasi Kwarteng’s mini-Budget, which has spooked the markets and caused the pound to fall to record lows,...

28 September 2022

From: Breaking News

SDLT cut ‘a shot in the arm’ for sales, but government could have done more

Now that the industry has had the weekend to digest Kwasi Kwarteng’s short and dramatic mini-Budget, more reaction has been filtering...

27 September 2022

From: Breaking News

Stamp duty cut ‘could save’ homebuyers £1bn per year, says research

The stamp duty cut announced by the government in last week’s mini-Budget could save homebuyers across England more than £1 billion...

27 September 2022

From: Breaking News

Supply and mortgage costs remain an issue despite Stamp Duty cut

The confirmation of an immediate Stamp Duty cut last week may have meant delayed sales could complete, but there are concerns...

26 September 2022

From: Breaking News

Property sector backs Investment Zones but calls for more clarity

Agents and property professionals have backed the creation of Investment Zones to help boost housebuilding but have called for more clarity...

26 September 2022

From: Breaking News

Chancellor unveils permanent Stamp Duty cut

The much-rumoured Stamp Duty cut has been confirmed, increasing the thresholds before the property tax is paid. Delivering his mini-Budget this morning,...

23 September 2022

From: Breaking News

What agents want from today’s mini-Budget

New Chancellor Kwasi Kwarteng is expected to unveil the Government’s so-called “plan for growth” today during a mini-Budget. The property market is...

23 September 2022

From: Breaking News

Property sector calls for targeted stamp duty cuts

Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and...

22 September 2022

From: Breaking News

Russians in London given six months to reveal true ownership or sell-up

The UK government appears to have given sanctioned Russian property owners a get-out-of-jail card valid for six months.  It’s been confirmed that...

10 March 2022

From: Breaking News

Government may seize homes of key Russians without compensation

The government is considering seizing British property owned by Russian oligarchs on the sanctions list without paying compensation. The Financial Times says Housing...

03 March 2022

From: Breaking News

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