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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TRULY, MADLY, DUPED: A third of romance scams during pandemic

Research* by savings and retirement provider, Aviva, has found that more than one in ten (14%) people say they have been the victim of a romance scam. Just over a third (34%) of victims were targeted since March, during the height of the pandemic.

A romance scam is defined as sending money to someone the victim has met online and formed a relationship with but has never met in person...

Increasing the stamp duty threshold could benefit 86% permanently

The latest research by lettings and estate agent, Benham and Reeves , has highlighted how many homebuyers could benefit each year if the government were to permanently increase stamp duty tax thresholds and remove tax for purchases up to £350,000, £500,000 and £750,000.

There’s no denying that the current stamp duty holiday has helped rejuvenate homebuyer demand, with 85% of buyers...

Impressive & completely renovated coastal holiday accommodation for sale in high desirable East Devon Village

Property specialists Stonesmith are thrilled to marketing the freehold sale of Belmont House - an attractive period, end of terrace residence, with origins that reputably date back around 200 years. Constructed from the famous Beer Stone under a pitched slate roof and having been the subject of considerable investment and improvement by our client during 17 years of ownership, Belmont House...

Research highlights the vast disparity in portal fees paid by UK agents

New research from Wiggywam, the all-in-one property platform, highlights the vast disparity in fees that UK estate agents are paying to the major property portals. But despite some agents paying tens-of-thousands of pounds each month, trust and satisfaction levels remain starkly low. The insight comes via WiggyWam's Movers and Shakers for 2020. An extensive industry survey of UK lettings and...

FTBS taking three years longer to get on the property ladder

Research by home buying platform, Yes Homebuyers , has revealed that the time it’s taking for first-time buyers (FTB) to save for their first home has grown by three years in some parts of the national property market.

Yes Homebuyers looked at the cost of the average FTB mortgage deposit at 15% of the current average FTB house price. Yes Homebuyers then looked at how long it was...

£171.7bn worth of property was sold in 2020 - Here are the most valuable spots of the market

Research by national estate agent, Keller Williams UK , has revealed that despite Covid causing a -38% year on year decrease due to lockdown restrictions, the property market in England and Wales still rallied to see a total of £171.7bn worth of residential property sold in 2020.

Keller Williams analysed all residential property sales to complete via the Land Registry between January...

The London postcodes where property values are up by as much as £500,000 during the pandemic

London homeowners have seen the value of their property climb by +£34,526 on average since the end of 2019, according to research from, Astons , the international experts on real estate, residency and citizenship through investment.

Astons analysed property price growth across the capital’s postcodes since December 2019 and found that many parts of the capital have enjoyed strong...

Has lockdown change the way we invest?

22% SPIKE IN FIRST-TIME BUY-TO-LET LANDLORDS DURING PANDEMIC

With the pandemic driving interest rates into the ground, it’s only natural that people are searching for a more lucrative return on their investments. Research by insurance and personal finance comparison experts Quotezone.co.uk reveals that 85% of those looking for landlord insurance own just one property – suggesting...

The UK’s North-South Home Ownership Divide 2021’s Most and Least Affordable Cities

House prices must drop by an average of 44 percent across the UK, according to research from Open Property Group. Based on an average annual UK salary of £32,319.60 for a single person, those who dream of owning a home can do so if prices drop to £141,398*. Currently, the UK average stands at £251,500. The disparity of home ownership becomes significant when data is analysed across the top 10...

New build homebuyers prioritise home buying schemes as the chance of a stamp duty holiday saving passes

New build buying schemes offering a financial leg up onto the ladder are the most sought after aspects for homebuyers across the new build sector, according to the latest research from new build snagging company, HouseScan .

HouseScan analysed the current state of the UK new build market and found that currently, new build homes account for just 7% of all homes listed for sale....

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