How the Stamp Duty Holidays shaping the market!
With the June Stamp duty holiday behind which gave home movers the benefit of £500,000 of relief, we expect to see the next wave of buyers looking to make a saving on stamp duty and will be focused on completing before the 30th of September. Until this date, buyers will save stamp duty on the first £250,000 of their purchase.
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Homebuyers face 5.6 month wait to complete due to current market backlog
As the first phase of the stamp duty deadline approaches, homebuyers across the nation remain stuck in transaction limbo due to long delays at the back end of the selling timeline caused by heightened levels of buyer demand.
Estate agents earning up to 9.5% more per sale due to housing market boom
Research by the estate agent comparison site, GetAgent.co.uk, has found that despite the rate of commission charged by estate agents remaining largely unchanged over the last year, a house price boom has seen some earn as much as 9.5% more per sale.
Property transactions tumbled -51% ahead of the original stamp duty deadline
Research by leading estate agent, Benham and Reeves, has revealed that while the anti-work from home movement has been building amongst homebuyers across major cities in England, the original stamp duty holiday deadline saw transactions decline by -51% across England during Q1 of this year.
Are we worried about a property market crash when we’ve only just recovered from the last one?
According to Google, the search for “UK house price crash coming” has spiked in recent weeks, but research by estate and lettings agent, Barrows and Forrester, has revealed that while homebuyers are worried about a potential market crash, the market has only just recovered from the previous one when accounting for inflation.
Property of the month
The Captain's House
The Millfields comprises a historic former Royal Naval Hospital occupying secure landscaped walled grounds of approximately 26 acres. The historic buildings have in the main been converted into a series of beautifully luxurious apartments. There are also a collection of houses and a range of commercial premises. This has created a wonderful community. Click to read more....
Housebuilders are failing disabled homebuyers by cutting corners on disabled access
The latest research from new build snagging company, HouseScan, has found that not only is the number of new build homes being delivered to market with disabled access expected to fall throughout the next decade, but the ones that are being delivered are also unfit for purpose as housebuilders cut corners to maximise profits.
Perfecting your property Feng Shui could see you sell for £45,000 more
Recent research has revealed that whether you buy into it or not, perfecting your property’s Feng Shui could see you sell for £45,000 more on average compared to a property giving out negative vibes. Click for more...