5 Fact Friday 8 March – Great news

5FF 8 March 2024

Jan 2024 Transactions fall 10% on year earlier, 20% on December. 

https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above/uk-monthly-property-transactions-commentary

2023 Mortgage Lending lowest in 50 years – UK Finance

https://ukfinance-newsroom.prgloo.com/news/affordability-pressures-push-down-mortgage-lending-and-savings-in-2023

UK Spring Budget 2024 – CGT Cut from 28 to 24%, Stamp Duty holiday ends, Holiday Lets tax break ends

https://www.gov.uk/government/publications/spring-budget-2024/spring-budget-2024-html#:~:text=a%20timely%20manner.-,6.6%20Housing,-Barking%20%E2%80%93%20The

OBR: 2026 before house prices rise

https://www.telegraph.co.uk/money/property/house-prices/falling-interest-rates-to-drive-house-price-recovery

Brilliant Budget for the future of the Housing Market

2024 Spring Budget Boost for Affordable Housing