The average price of property coming to market in February rose by just 0.5%, below the typical 0.8% for this time of year, as sellers adjust their expectations due to looming stamp duty changes. With first-time buyer homes falling by 0.1% and second-stepper and top of the ladder properties increasing by 0.5% and 0.6% respectively, the market is facing a rush to complete transactions before the stamp duty thresholds drop in April, potentially impacting over 550,000 homes awaiting legal completion.
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Are cash ISAs falling out of favour?
The UK government is considering reforms to Cash ISAs to boost private markets, with a potential reduction in annual limits to encourage more people to invest in stocks and shares ISAs. Despite the government's interest, new research shows a decline in Cash ISA openings and an increase in stocks and shares ISAs, with more funds held in the latter. While Cash ISAs offer easy access to savings, stocks and shares ISAs tend to outperform over...
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