One in six students (17%) now live in their own residence (a property which may be owned or rented by them), up from 15% in 2014/15.
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Among other factors (policy and economic performance being key), changes to taxation in the form of stamp duty land tax at point of sale can have a big impact on the level of activity in the UK housing market. The most recent significant impacts on the market have been the higher rate taxes on the market over £1million and the surcharge on second homes.
When we go on a journey of any length we invariably have a choice of routes. We could opt for the high-speed convenience of the motorway for efficiency, or take the winding country roads for the joy of the journey. Both have merits: depending on the mood and purpose of the journey: fast lane or slow road can have upsides.
The All England Lawn Tennis and Croquet Club in Wimbledon hosts the 132nd Championship and is one of four Grand Slams worldwide. It is the most prestigious annual tennis tournament held in the UK and is one of ten significant tournaments being held this summer across England.
Air quality is a factor which home buyers are increasingly considering when deciding on a shortlist of properties, particularly in urban areas.
It is a complicated story for the housing market in the first quarter of 2018 with marked regional variations and continuing uncertainty as the country waits for the outcomes of the Brexit negotiations. The UK economy continues to grow, albeit slowly, but despite declining inflation levels and wages finally starting to rise, consumer confidence remains in negative territory.
Statistics are a brilliant way to shed light on the way markets behave and have become an essential part of business life in these days of big data (and fake news).