property

The number who had never used a broker rose (49 per cent) of over 55s

39% of mortgage holders have never used a mortgage broker

Despite the fact a good mortgage broker is likely to be able to find homeowners a much better product than they could secure themselves, well over a third of mortgage holders (39 per cent) have never used one. A survey of almost 2,000 mortgage holders conducted by mortgage broker Boon Brokers discovered that the number who had never used a broker rose to half (49 per cent) of over 55s. This...

The 500,000 Stamp duty threshold runs until 31 March 2021

Home seekers reminded to make the most of the stamp duty holiday

A property search firm is urging home seekers not to be slow in taking advantage of the stamp duty holiday as the housing market boom continues.

The government has temporarily increased the stamp duty threshold to £500,000 for property sales in England and Northern Ireland, until 31 March 2021, to help buyers who have taken a financial hit because of the coronavirus crisis and boost...

Stamp Duty savings

Stamp duty holiday has already saved homebuyers £108m

The latest research from lettings and estate agent, Benham and Reeves , has revealed the huge number of homebuyers that have already benefited from the current stamp duty saving and the money they’ve saved.

Benham and Reeves analysed sold price records across England from the Land Registry between the launch of the stamp duty holiday on 8th July and August 31st (latest available data...

The Competition and Markets Authority is investigating four of the UK’s biggest housebuilders

Ground rent scandal could your new build be affected?

The Competition and Markets Authority (CMA) is investigating four of the UK’s biggest housebuilders after “troubling evidence” has been exposed over the way they have been selling leasehold agreements.

The investigation into Barratt Developments, Countryside Properties, Persimmon Homes and Taylor Wimpey came about due to complaints from buyers claiming they have become stuck in...

Estate agents have pulled in nearly £1bn in sales commission since the start of the year

Property market boom sees estate agents earn nearly £1bn in commission so far this year

Estate agents have pulled in nearly £1bn in sales commission since the start of the year, according to homebuying platform, Yes Homebuyers .

Yes Homebuyers looked at the average fee charged by estate agents in each area, the number of transactions that have completed so far this year, and what this equates to in terms of the commission earned by estate agents across England and Wales...

So far this year, there have been some 362 transactions across the capital for £3m

Ten private islands you can buy for the price of a high-end London home

While many lenders have started to tighten their belts in recent months, the high-end market remains unimpeded and is expected to drive price growth forward, as London remains the pinnacle of homeownership for the super-wealthy.

So far this year, there have been some 362 transactions across the capital for £3m or more and high-end homebuyers have paid an average of £4,975,462 to get...

 £1.744bn worth of unclaimed property is lying vacant across England and Wales

There’s £1.7bn worth of unclaimed property in England and Wales

The latest research by the property developer, StripeHomes , has revealed that there is currently an estimated £1.744bn worth of unclaimed property lying vacant across England and Wales, with London and the South East ranking as the top hotspots for unclaimed estates.

The latest figures show that there are some 7,991 estates currently left unclaimed in England and Wales and with an...

The cost of buying around one of the UK’s top international schools can be pricey

Homebuyers paying out 130% more to live near a top international school

The latest research by lettings and estate agent, Benham and Reeves , has revealed the cost of buying around one of the UK’s top international schools and which are currently most in-demand amongst homebuyers.

House Prices

The research found that property prices in postcodes home to a top Independent IB School average £542,583, 130% more than the current UK average of £235,...

UK Real Estate sector could be on course to increase 44%

Property market revival is boosting real estate sector employment

The latest research by leading property recruitment specialists, Rayner Personnel , has revealed the UK Real Estate sector could be on course to increase 44% based on current employment and the number of vacancies being actively recruited for.

Rayner analysed data on the number of job vacancies being actively recruited for, the number of businesses operating in each sector, the size...

there have been HUGE delays in sales completing

How to sell your home in 30 days and move before Christmas

The latest research by national home buying platform, Yes Homebuyers , has revealed that it’s bad news for UK home sellers with the target of moving home before Christmas.

Data from Yes Homebuyers shows that so far this year, the time it’s taking from an initial buyer enquiry until the completion of a property sale is 140 days on average.

This is 10% longer than the time it...

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