• we cover more than 1,000 news per day, in 2 languages, and 83,000 stocks
Light Dark
it
italian it
english en

UK property will be a buyers’ market in 2025, analysts predict

www.theguardian.com 01-01-2025 06:00 1 Minutes reading

‘Cautious optimism’ forecast despite end to key stamp duty relief and fears of higher taxes and interest rates

Experts have predicted a “buyer’s market” for house hunters in the year ahead, giving them greater negotiating power as the mood of the housing market shifts to “cautious optimism”.

However, even the more hopeful expectations for 2025 were met with caution, as an important stamp duty relief for first-time buyers was scheduled to end in the spring, as well as potentially high interest rates and taxes bearing down on the market.

Continue reading...

Info

Related news
The Guardian view on a carbon-free economy: no jus...
03.01.25 06:30
by theguardian.com

The Guardian view on a carbon-free economy: no just transition in sight – yet

Factory closures highlight the turbulent shift to a green economy, exposing political challenges and the urgent need for a equitable move to net zero

One of the biggest political battles of the future began to take shape in 2024, yet it did not centre on Westminster. Instead, try Grangemouth in central Scotland, Port Talbot in south Wales and Luton in the south of England. Their stories were not front-page staples, but each was of huge significance – locally, nationally and economically.

Grangemouth is Scotland’s sole oil refinery, whose owners confirmed in September that it would shut, to be replaced by a terminal taking in imported fuel – with nearly 400 workers losing their jobs. In the last days of September, the only remaining blast furnace at Port Talbot was shut down, as part of a restructuring that will cost 2,800 employees their jobs. At the end of November, staff at Vauxhall in Luton were told the plant would shut, ending 120 years of the carmaker’s association with the town and putting between 1,100 and 2,000 jobs at risk. One result was two days of protests in the town a week before Christmas.

Continue reading...

Sentiment
-0.64
Bearish/Bullish
0