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Britain divided over property prices

Posted on 02 April 2012

Scotland was among six of 13 UK regions to report a fall in UK house prices over the past year, new figures have revealed. A separate report has shown that UK-wide, the value of homes dropped by 1 per cent compared to February, and fell by 0.9 per cent compared with the same month last year.
The end of a first-time buyer stamp duty concession helped push property values down in March – the first annual drop in six months. Around four in ten first-time buyers have benefited from the stamp duty concession during the two-year period, according to recent research………………………………………..Full Article: Source


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