Viewing post categorized under: Property News
Buy to let properties have always been popular investments, especially over the past 20/30 years. Buying a property to let is exactly what it sounds like: you purchase a residential property with the intention of letting it out for a profit. When you buy a property to let, you become a landlord. When you become […]
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If you are buying a home in England or Northern Ireland and paying more than £125,000 (or more than £40,000 for second homes), then you will have to pay Stamp Duty Land Tax (SDLT) to HMRC . This applies to both freehold and leasehold properties and whether you are buying outright or using a mortgage. […]
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Fake News! Sajid Javid has crushed speculation of plans to transfer Stamp Duty from buyers to sellers. The statement came after TheTimes reported potential plans to change Stamp Duty to sellers so that first time buyers were saved from paying it. The piece was published on Saturday 17th August 2019 and made the claim amid […]
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Saving for a deposit on your first home can seem like an impossible task, with living costs and property prices always seeming to be on the rise. It sometimes feels like you will never have saved enough to finally become a homeowner. This is why the government created the Help to Buy: ISA scheme, to […]
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According to the latest Hometrack report, Bristol prices soared by 11.2 per cent last year, meaning the average property price has risen to £238,200. This is a bigger increase than even Oxford or Cambridge, and not far off London’s 13.3 per cent growth. This is despite the ongoing uncertainty caused by Brexit. Buy To Let […]
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Property worth at least £56bn is currently ‘secretly owned’ in the UK, according to Land Registry data, and likely worth more than £100bn when inflation is taken into consideration. This is according to new analysis carried out by anti-corruption organisation Global Witness. More than 87,000 properties are owned by anonymous companies registered in tax havens, […]
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You researched everything you need to pay in order to buy or sell your new home and budgeted accordingly. Now you’ve completed what else will you need to pay? We have written an extensive guide on potential expenditure you could face after completion. 1. Service Charges Once you have your new house, there are likely […]
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The housing market continues to face challenges from affordability constraints These include a lack of homes for sale, economic uncertainty and concerns about forthcoming interest rate rises. Figures come from the September monthly report from the Royal Institution of Chartered Surveyors (RICS). Why RICS? Unlike other house price indices, who generally rely on empirical data, […]
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Two Yorkshire factories try to tackle the housing crisis with modular two and three bedroom homes. Ready-made homes by Ilke Homes can be constructed in just 36 hours and delivered around the country in a bid to tackle the country’s housing crisis. Their factory in Yorkshire, will eventually create eight fully-fitted houses each day. The […]
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Should I Buy, Sell Or Remortgage In An Uncertain Market The UK property market is at its weakest for six years. Prices are either stagnant or falling across half the country. This is according to Britain’s official surveyors body. Reports state that sales will remain “in limbo” until a Brexit deal emerges. According to The […]
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