Rightmove observes a 15% increase in four-bedroom UK listings due to falling mortgage rates and tax concerns.
Rightmove reports a notable rise in listings for larger homes in the UK, with four-bedroom properties up 15% compared to last year. This trend is driven by falling mortgage rates and concerns over potential tax hikes from the Labour government, particularly around capital gains tax (CGT) and inheritance tax. Many homeowners aim to sell before these changes take effect, especially as mortgage rates have dropped significantly for those with larger deposits.
September 12, 2024
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