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Many overseas buyers don’t even visit Brexit bargain purchasers

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

Mortgage holiday set to be extended as housing market stays open

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

Drastic consequences if stamp duty holiday ends in March – agents’ chief

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

What do London buyers want? Agency says it has the answers

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

PropTech Today: ‘Don’t blame us, we are not the problem – you are’

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’

Only 10 days left to beat stamp duty holiday deadline – claim

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