Property

Local market news

Property viewings up almost 30% in July following Government stamp duty holiday announcement 

Data published during August by Andrews, the south of England property group, shows instructions and viewings were up substantially in July 2020, as the stamp duty holiday announced by the Government early in the month gave the market a welcome shot in the arm.

Local market news

Has the pandemic changed the property market and who will it affect? 

Feedback from Estate Agents and Building Society's suggests that viewings and instructions (those putting their house on the market) have risen considerably in the two months since lockdown.

Property survey

Lockdown has Brits reconsidering where they live

Estate agency Yopa commissioned a survey of 2,000 people across the UK recently to gain some insight into how our relationships with our homes, families and communities have altered as a result of lockdown.

Property News

Chancellor scraps Stamp Duty on all homes under £500,000 with immediate effect

In a temporary measure to help boost the property market amidst the coronavirus pandemic, Chancellor of the Exchequer, Rishi Sunak, has raised the the threshold for stamp duty on the first £ 500,000 on all property sales in England and Northern Ireland.

Introduced as part of his recent Summer Statement, this new initiative will start with immediate effect (from July 8th), and runs until next 31 March 2021. Prior to this policy being announced, homebuyers would start paying stamp duty in England and Northern Ireland on property from £125,000, or £300,000 for first-time buyers (if buying a property worth less than £500,000). This will save buyers as much as £15,000, if they are buying a property of £500,000 or more. 

Local Expert

Francine Watson of Knight Frank asks

'Is now still a good time to buy in Plymouth?'

With the UK having recently dipped into recession, many might be wondering if now really is the best time to be considering a property purchase.

Interior advice

Interior designer, Clair Strong, 

offers her top tips to help your home sell faster

Property sales are up by 20% and average asking prices rose by £10,000* in the four weeks following the government’s decision to cut stamp duty for all house purchases under £500,000*. If you are looking to move in the coming months, have you thought of using a styling service to help you get the best price for your property? 

Did you know prospective buyers make a decision about your house within the first 10 seconds of stepping through your front door so making a good first impression is vital. A few simple changes to your home can help speed up the sales process and boost the value of your property.