Rightmove said it had a record 8.5 million visits to its website on February 17 There is speculation that the stamp duty holiday will be extended The property website said interest in commercial properties is also up Online house hunting reached a new record this month, overtaking the previous… Read More »Property searches on portals at record high
An open letter from Boomin chief executive Michael Bruce shows how fierce the competition is going to be in the portal field in the months and years to come. Just hours before Rightmove delivers its annual figures for 2020, Bruce has slammed the number one portal as overpriced, lazy and… Read More »Boomin blasts Rightmove as bleak, broken and bloated
British and international buyers see £10m plus homes as good value after recent price drops The world’s elite is poised to buy back into central London, encouraged by the speed of the UK vaccine roll-out and and discounted price tags – according to new data published today. Sales and prices… Read More »Demand for London mega mansions soars
The online petition which prompted a debate by MPs has now won the support of around 150,000 signatures. Typically public support for such petitions fizzles out after a debate but in this case signatures continue to flood in. It was not until January 15 that the petition – launched back in… Read More »150,000 and rising! Stamp Duty Extension petition wins more support
Some 12 per cent of buyers will pull out of their transaction if it does not complete in time for their stamp duty exemption. That’s the finding of a survey by Knight Frank, which asked 500 current purchasers their intentions. To the question: Would you pull out of a purchase that wasn’t… Read More »One in eight sellers will pull out if they miss stamp duty holiday
London property market predictions for 2021: six major threats identified from Brexit to a third wave of Covid It’s hard to remember the last time London’s property market was poised quite so delicately on a knife edge. The capital’s property prices rose by almost 10 per cent in the year… Read More »Is the London propery market resilient enough to make it through the next year?
Londoners trying to buy a property will save £168 million in tax if the Chancellor decides to extend the looming stamp duty holiday deadline. This equates to an average of £10,514 per household. New research by Rightmove, exclusive to Homes & Property, reveals that between 12,000 and 16,000 buyers could benefit… Read More »Rishi Sunak is rumoured to be considering an extension to the tax break
London house prices rise as lockdown inspires home movers but sellers hold off for spring The highest demand was for moves to outer London as buyers continue to seek space over location Asking prices for homes in London rose this month, as the current lockdown has driven people’s desire to… Read More »Has Lockdown 3 caused a drop in London house prices?
The deadline to complete the purchase of a home under the current Help to Buy scheme in England has been extended from March 31 to May 31. Covid-related delays meant more than 16,000 sales were at risk, with buyers facing large bills if their purchases did not meet the late-March… Read More »March 31 deadline extended for Help To Buy completions
A new forecast suggests 70,000 buyers will miss the March 31 stamp duty holiday deadline. Zoopla has undertaken a new analysis to measure the impact of the holiday as a whole, and to assess the housing market in the past year. The portal says that when the holiday was announced in… Read More »Stamp Duty loss: 70,000 agreed sales will miss deadline
