The trend of buyers apparently fleeing the city to get more for their money in the country has hit the buffers – at least if vendors want to go to a National Park. Far from saving money they’re likely to pay a hefty premium of over £155,000 according to Lloyds… Read More »Buyers fleeing cities don’t always get more for their money
Buyers in around 30 per cent of English cities are almost certainly already too late to complete a purchase by March 31 and the end of the stamp duty holiday. A property consultancy, The Advisory, says with only 21 weeks to go before the end of the holiday – including the… Read More »Too Late! Third of England set to miss stamp duty holiday deadline
A London property investment consultancy says 22 per cent of properties it’s advised overseas purchasers on this year have been bought sight-unseen. London Central Portfolio says it’s experiencing an influx of international buyers as the capital battles Brexit uncertainty and the long-term poor Sterling performance, as well as the pandemic. It says… Read More »Many overseas buyers don’t even visit Brexit bargain purchasers
There’s one key takeaway for agents from the weekend’s announcements on the next England-wide lockdown – the housing market is staying open. However, there will be some short-notice changes on the fringes of agency activity. This includes an extension to the owner occupiers’ and landlords’ mortgage holiday; and an extension… Read More »Mortgage holiday set to be extended as housing market stays open
Figures just released from HM Revenue & Customs show just how much stamp duty buyers pay, at least before the current holiday exemption. For transactions in the year to April 2020 – so including a little of the spring lockdown period, but none of the current SDLT holiday – residential stamp… Read More »Stamp Duty receipts up despite first time buyer exemption
