If you fear the market will slow after Christmas, think again – Rightmove is expecting several months of frenzied transactions to come. The portal is forecasting a robust four per cent average house price growth in 2021 across the UK as a whole, after ending 2020 some 6.6 per cent… Read More »Market frenzy to last until spring at least says Rightmove
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
The housing market’s recovery will be threatened with drastic consequences for buyers and sellers if the stamp duty holiday isn’t extended beyond March 31 next year. That’s the warning from Mark Hayward, chief executive of NAEA Propertymark. “This boom has been hugely beneficial for the housing market; however, with a stamp… Read More »Drastic consequences if stamp duty holiday ends in March – agents’ chief
A London agency says it’s discovered the five key priorities that buyers want, following a survey of its own database. “Lockdown and the continued challenges presented by the global pandemic have undoubtedly changed the way homebuyers think and act. We are noticing some quite significant shifts in mindset when it… Read More »What do London buyers want? Agency says it has the answers
I had a wry smile when I read the article on Monday from the conveyancers complaining about people getting off their backs. It was quite fun. The comments were also interesting. There is a serious disconnect between both sides and it is not going to resolve itself. Each side is blaming each… Read More »PropTech Today: ‘Don’t blame us, we are not the problem – you are’
Delays across the house buying sector mean those wanting to benefit from the stamp duty holiday need to begin the buying and selling process by November 1. That’s the advice of the Legal & General Mortgage Club, which has tracked delays occurring because of the high transaction volumes in recent months. L&GMC… Read More »Only 10 days left to beat stamp duty holiday deadline – claim
Agents in some parts of the country may be able to make use of data from utilities comparison service uSwitch, which has drawn up working-from-home information for buyers. Its remote working index taps into the trend of some people seeking to move from major cities to other locations where they… Read More »Working From Home – what buyers want, and where they want to be
