Property news

UK Property Market Bounces Back After Stamp Duty Slump

The latest research from GetAgent.co.uk reveals that the UK property market has already bounced back from the momentary slump that followed the expiry of the stamp duty holiday at the end of March, with transaction volumes climbing 42% in May, reversing a sharp -66% drop in April.

The research from GetAgent.co.uk analysed Gov data on residential transaction figures across the UK market for the...

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Keep up-to-date with the latest property news in the UK.

What would a CGT tax hike mean for B2L landlords and second homebuyers?

Research by lettings and estate agent, Beham and Reeves, has estimated that buy-to-let landlords and second homeowners could see the capital gains tax (CGT) owed if they choose to sell increase by as much as £24,000. That’s if recommendations by the Office of Tax Simplification to change the tax threshold are introduced.

CGT is tax paid on the profit of an item sold that has...

A bad first property impression could cost you upwards of £50k on your sale

The latest market insight by national estate agent, Keller Williams UK , has revealed the importance of making a good first impression during the property selling process and just how much a bad first impression can impact your sale.

With spring in the air, the property market is gearing up for its...

Help to buy homebuyers facing £32k interest repayment increases

The latest research by Yes Homebuyers has revealed just how much profit the government could be making via the Help to Buy (H2B) equity loan scheme due to be introduced in April.

This latest rehash of the Help to Buy initiative only requires homebuyers to save a 5% deposit with the government adding a further 20%, or 40% if you’re buying in London. Homebuyers are only required to...

Going Up! House price forecast for 2021 revised upwards by agency

Another leading research team in a major agency has revised upwards its forecast for the 2021 market.

Savills revised its predictions recently and now it’s the turn of Knight Frank.

Referring to the mainstream market, Knight Frank research head Tom Bill says: “We expect UK house prices to increase by five per cent in 2021, rising from a forecast of zero at the start of this...

Stamp duty holiday delays pushing average selling time to 295 days

Research by estate agent comparison site, GetAgent.co.uk , has revealed it’s now taking 43 days longer to sell a home due to the delays caused by the stamp duty holiday.

GetAgent.co.uk keeps a comprehensive record of property sales across the nation, using data from all of the major online portals to record...

Top tips for visiting a show home in the South West

For anyone thinking about buying a new build home, one of the first steps will often be visiting a show home.

There can be a lot to take in when looking around a show home for the first time – even more so following the Covid-19 pandemic, where all housebuilders have built in a raft of new measures to allow people to visit safely.

These include pre-screening questionnaires,...

Majority of tenants would pay more in rent for a property that better suited their needs

UK rental properties don’t meet the needs of modern-day tenants, with the vast majority (83%) stating they would pay more for a property that did.

That’s according to a study commissioned by build-to-rent specialists, Ascend Properties , which found 81% of tenants don’t think rental market stock is up to scratch in today’s world.

When asked as to why, 24% stated they didn’t...

New owners set for impressive Sidholme Hotel

International real estate advisor Savills, on behalf of Joint Administrators of Methodist Guild Holidays Limited, has completed the sale of Sidholme Hotel in Devon to Arsh Holdings.

The new owners plan to refurbish the Grade II listed hotel which dates back to 1826. The hotel retains many of its original architectural features, including the music room with neo-classical style...

Housebuilders donate £1,000 to help South Devon zoo and conservation charity

A much-loved local zoo and conservation trust in South Devon is celebrating an unexpected windfall from leading housebuilders Barratt and David Wilson Homes, who have donated £1,000 to help it recover from the challenges of Covid.

Shaldon Zoo and Wildlife Trust, which carries out vital conservation work all over the world, has suffered major financial losses during the lockdown as it...

Three quarters of Brits don't make these vital checks when buying a new house

EXPERTS REVEAL THE CHECKS BRITS SHOULD MAKE WHEN LOOKING FOR A NEW HOUSE AS RESEARCH SHOWS THE MAJORITY FAIL TO DO SO

The suspension of stamp duty provides buyers a chance to move without some of the added costs. The suspension which lasts until the end of June, has led to house asking prices rising by 6.6% in the final quarter of 2020 compared to the same period in 2019.

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