Many first-time-buyers feel that estate agents are unapproachable First-time buyers have admitted to feeling overwhelmed or scared to talk to estate agents about the homebuying process. The top 40 questions asked by baffled first time buyers include “should I offer less than the advertised house price?” and “how much deposit… Read More »Many first-time-buyers feel that estate agents are unapproachable
Right to Buy to be Overhauled A Plan to help those in need to buy their own home Prime Minister Boris Johnson is expected to unveil a flagship policy today to help more people onto the property ladder. It is reported to include extending Right to Buy to social housing… Read More »Right to Buy to be Overhauled
Should Stamp Duty be replaced with Capital Gains Tax Calls to scrap stamp duty and replace with a ‘much fairer’ property tax Should stamp duty be scrapped and replaced with capital gains tax? Four in ten polled say home sellers should pay based on profits not buyers In a poll,… Read More »Should Stamp Duty be replaced with Capital Gains Tax
Building a Buy-to-Let Portfolio in Northampton How to source, finance, buy and manage Northamptonshire is a prime location for Buy-to-Let, even though London offers excellent returns, the higher property values need to be taken in to consideration, this often results in a yield that is higher in Northampton. Whilst we… Read More »Building a Buy-to-Let Portfolio in Northampton
Evergrande was the largest property developer in the world, so the demise of this giant will invariably exacerbate the inevitable bursting of the largest property bubble in history. Evergrande will be defaulting on debts in excess of $300 Billion! To collapse Evergrande, is to collapse the Chinese property bubble, to… Read More »Evergrande default – The aftermath
Leasehold revolution! Rip-off charges that trap families in unsellable homes will be banished in bid to end scandal of unscrupulous landlords Housing Secretary Robert Jenrick unveiled new laws to help leaseholders today Changes will mean almost 4.5m people will be ‘thousands of pounds better off’ Rip-off charges which trap families… Read More »Leasehold home scandal to end
The new portal OpenBrix, which is powered by Blockchain, has revealed its fee structure ahead of its formal launch on September 1. It’s going to charge £75 per branch per month, plus £1 per property upload fee. If agents then want to join a multi-listing system it will operate, they… Read More »New portal reveals charges to agents plus extra for multi-listing service
Government leaks to mainstream and building trade media suggest the controversial Help To Buy scheme will be extended beyond its end-of-2020 deadline.
HM Land Registry is now accepting witnessed electronic signatures on documents for the transfer of ownership of property, the creation of leases, and on securing mortgages.
Agents have almost unanimously been reporting a big surge in business since the reopening of the housing market, but new figures from HM Revenue & Customs suggest there is still some way to go before normal volumes are seen.
