Northern Ireland house prices rise by 3.5% in past year BelfastTelegraph.co.uk House prices in Northern Ireland have increased by 3.5% over the last year to an average of £136,767 during April to June, according to a government report. https://www.belfasttelegraph.co.uk/news/northern-ireland/northern-ireland-house-prices-rise-by-3-5-in-past-year-38403848.html https://www.belfasttelegraph.co.uk/incoming/article38403850.ece/2a2da/AUTOCROP/h342/houseprices.jpg Email House prices in Northern Ireland have increased by 3.5% over the last year to an average of £136,767 during April to June, according to a government report. The house price index from Land & Property Services also said there had been a 0.8% increase in prices between the first and second quarter of the year. Seven out of the 11 district council areas in Northern Ireland showed an increase, the index said. Prices ranged from £120,226 in Armagh, Banbridge and Craigavon, the cheapest area, and … [Read more...] about Northern Ireland house prices rise by 3.5% in past year
Cash house sale
Lifestyle / Money by The Sunday Post July 9, 2019, 12:01 am Sign up to our Weekly newsletter You may be looking forward to that long-awaited summer holiday – and rightly so – but will you blow your budget this year? One in four of us exceeded the amount we’d planned to spend on our last trip, according to a survey by Post Office Travel Money. And with two-thirds of holidaymakers planning to travel abroad this year, many more may end up stretching their holiday wallets too far. On average, those who blew the budget on their last holiday spent £184 more than they’d planned for. So, to prevent it from happening again, here are top tips from Post Office Travel Money to stop your holiday spending spiralling out of control… Go where sterling will get you far Turkey is a destination where UK holidaymakers may find their money stretches further this year, with sterling having strengthened against the Turkish lira. The pound has also … [Read more...] about Money: Happy holiday! How to make a splash…and still save cash
House prices fell 1.6pc in March, "partly correcting" the significant growth of 5.9pc recorded by Halifax in February, which sparked doubts over the reliability of the bank's index. The strong rise was in stark contrast to figures from other house price measures, including rival lender Nationwide's, which showed prices were up just 0.4pc in February. Halifax’s house price index is based on homes bought with mortgages, excluding council house sales, shared ownership and help-to-buy schemes, while Nationwide’s is based on owner-occupier house purchase transactions involving a mortgage. Buy-to-let and cash deals are not counted. Monthly readings on Halifax's index, which has run since 1983, are "highly volatile and it is unwise to read too much into any single figure", said Capital Economics. The more stable measure of annual house price growth showed prices were up 3.2pc in March, with the average UK house price standing at … [Read more...] about House prices fall 1.6pc – but is the figure reliable?
House prices jumped 2.8pc in the three months to February compared with the same period a year go, according to the latest figures from Halifax. However, the strong rise was in stark contrast to figures from rival lender Nationwide last week, which showed prices were just 0.4pc higher in February than the same month last year. Halifax’s house price index is based on homes bought with mortgages, excluding council house sales, shared ownership and help-to-buy schemes, while Nationwide’s is based on owner-occupier house purchase transactions involving a mortgage. Buy-to-let and cash deals are not counted. Halifax’s index has tended to be more volatile than other measures of house prices of late. Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said: “We have little confidence in Halifax’s index as a reliable indicator of the housing market. Its extreme volatility – February’s gigantic … [Read more...] about ‘Volatile’ Halifax house price index sparks doubts over reliability
I have a tax return question. I met my now husband in September 2005. We married in March 2008 at which point he transferred his private home into our joint names. He originally bought the property in 1987 and it was his only home for the intervening years before we met. We both lived in the house from March 2008 to July 2009 as our primary residence, and again between July 2012 and March 2015. We moved elsewhere and either let it or left it empty for other periods, before selling the property at the end of December 2017. Some Capital Gains Tax becomes due for me, I agree. But on what period? Property sale: Why is wife's capital gains tax bill 26 times the size of her husband's, though he owned the house much longer? (Stock image) My question is, am I considered to be liable for CGT from March 2008 when I first owned half the property, or from 1987 when my husband first bought it? My accountant advises the latter which does not make any sense at all to me. Why … [Read more...] about Help! My capital gains tax on house sale is £13k to my husband’s £485