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The UK Housing Market – what to expect in 2017

The UK Housing Market – what to expect in 2017

There were two big changes that occurred during 2016 which had long-term effects on the housing market, firstly there was the increase in stamp duty costs and secondly there was Brexit.

The increases to stamp duty meant that it became considerably more expensive to purchase a property, plus there was also the higher rate for second homes introduced in April.

The EU referendum made things uncertain for a number of reasons which of course included property and the housing market.

The office of National Statistics published data which shows that prices were on average 6.9% more expensive than the year before however, since the vote to leave the EU more and more people have been buying property.

The number of new homes being built in Britain has also increased and during 2015-16 there were close to 190,000 new homes built.

Despite a somewhat rocky 2016, the housing market forecast for 2017 looks positive.

The Lawson-West Conveyancing team are available to provide an expert service in helping you buy a new home. They will provide you with an up-front quote to allow you to budget effectively for their service.

If you would like to contact Sharon Sangha on 0116 212 1000.

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Coronavirus:  We are pleased to announce we are Open for Business

Even during Leicester’s most recent, extended lockdown, you can be assured that it is ‘Business as Usual’ at Lawson-West and we're here to help you with your legal needs. 

We are driven by our commitment to help others. We are here. For you.

At this time, please contact us by telephone, website enquiry or email.
We’re here to help:

4 Dominus Way, Meridian Business Park, LE19 1RP           Tel: 0116 2121000

44 Long Street, Wigston, LE18 2AH                                              Tel: 0116 2121080

Market Harborough
Millers House, Roman Way,
Market Harborough, LE16 7PQ                                                        Tel: 01858 445480



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