A flotation that has been valued around £500m is to be unveiled by the London estate agency Foxtons this week. According to the revelations of a new report, the aim is to strengthen the growing investor confidence in property market of the UK.
Research for the TaxPayers' Alliance has revealed that with increasing house prices, four out of every five houses sold in England and Wales in 2012-13 will be subject to stamp duty within five years.
It has been found in a recent report that the asking price of an average home is up by almost £20,000 in England and Wales since the year's start.
A price tag of £250,000 could be seen on a typical home, which is advertised for sale in the window of an estate agent.
Better housing conditions in the U. S and Australia have helped the James Hardie profits to rise in the first quarter.
For much of the relief for people dealing with property in Scotland, property prices have increased for the first time in this year.
According to the figures of quarter April to June, the average price of a property was £153,102 and houses were sold at 9% less than the demanded price. While in the previous quarter the homes were sold at 10% less than the demanded amount.
It has been discovered in a new report that in the past one year, more than £45 million has been shelled out by home buyers in Cambridgeshire in stamp duty.
It is the TaxPayers' Alliance that has unveiled the huge payment for Government reserves. The campaign has been seeking cut in the rate of tax. Since, the property market, according to it, would then be able to realize a rise.
Indians are investing more money in Dubai Real estate market as per the latest report from Dubai Land department. The report has put Indian investors at top position with total investments in first half of 2013 at 2.2 billion USD. Indian investors purchased property worth Rs 14900 crore in year 2012 and they are already approaching that figure during the six months of current year.
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