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BUY-TO-LET TAX LOOPHOLES: HOW LANDLORDS CAN KEEP MORE OF THEIR INCOME

Tuesday June 8, 2021

Landlords have had a difficult year so it is more important than ever it know about these underused reliefs   Many landlords are missing out on valuable tax breaks that could prevent a large chunk of their income ending up in the hands of HM Revenue & Customs. Reliefs on landlords’ income, such as being […]

WHAT HAPPENS WHEN MY FIXED-RATE MORTGAGE ENDS – AND CAN I REMORTGAGE?

Wednesday May 26, 2021

Borrowers could find themselves hundreds of pounds worse off if they do nothing when a fixed-rate deal ends Every month tens of thousands of borrowers reach the end of their fixed-rate mortgage deal. In most cases, that means their mortgage payments are set to rise – sometimes by a significant amount. But you can take action to avert these […]

HOUSING MARKET HAVING ‘BUSIEST YEAR SINCE FINANCIAL CRASH’

Wednesday May 26, 2021

Lack of properties for sale is driving prices to record highs. House sales are headed for heights not seen since before the global financial crash, with a lack of stock driving prices skywards. Property transactions are predicted to exceed 1.5 million this year, according to property website Zoopla, with sales expected to be up 45pc compared to […]

WHAT DOES THE BUSIEST-EVER HOUSING MARKET MEAN FOR YOU?

Friday April 30, 2021

Homes are selling at the fastest pace ever recorded right now, which is pushing up average asking prices for properties. Wednesday 7th April saw a record of 9.3 million visits to Rightmove in a single day, while last month home-hunters spent more than two billion minutes on the site. More houses have sold within the […]

STAMP DUTY DEADLINE: LAST-MINUTE RUSH TO COMPLETE DRIVES £17BN OF SECOND FOME AND BUY-TO-LET SALES IN TWO WEEKS

Tuesday April 27, 2021

The stamp-duty stampede to buy second homes led to £17 billion of house sales across the UK over the last two weeks – £5.4 billion of which were in London. Around £3.4 billion of properties were exchanged yesterday alone, a 141 per cent increase on the same day last year, as solicitors cancelled holidays and […]

FIRST TIME BUYERS FEEL THE BOOST AS LENDERS LAUNCH 95% MORTGAGES WITHOUT GOVERNMENT BACKING

Saturday March 27, 2021

The low deposit lending market may finally be opening up after the pandemic hammered it a year ag When Chancellor Rishi Sunak announced plans for a mortgage guarantee scheme in last month’s Budget it was hailed as a lifeline for first-time buyers. Some of the biggest banks in the UK have already signed up to the scheme, which […]

TENANT EVICTION BAN EXTENDED

Saturday March 27, 2021

With the country still in lockdown, the government has extended the ban on evicting tenants from their homes until the end of May.   A ban on landlords evicting their tenants has been extended until 31 May for people living in England. Under the ban, bailiff-enforced evictions will not be allowed except in the most […]

WILL FIRST TIME BUYERS PAY PREMIUM RATES ON GOVERNMENTS 5% DEPOSIT MORTGAGES?

Monday March 8, 2021

Is it true? Higher mortgage rates could see buyers paying hundreds more each month…   Aspiring home buyers face paying a premium under the Government’s new 95pc mortgage scheme, experts have warned. Under the plans, they will be able to secure properties worth up to £600,000 with just a 5pc deposit. It was hoped that the […]

STAMP DUTY HOLIDAY EXTENSION CONFIRMED: EVERYTHING YOU NEED TO KNOW…

Wednesday March 3, 2021

The Chancellor has extended the stamp duty holiday until the end of June. It will then be tapered off for a further three months. Here’s what it could mean for you.   Chancellor Rishi Sunak has announced the stamp duty holiday will be extended for a further three months until the end of June. The […]

REVEALED: THE PLAN TO EXTEND AND STAGGER STAMP DUTY HOLIDAY BY 3 MONTHS!

Thursday February 25, 2021

The Government is expected to announce an extension to the stamp duty holiday as the industry rallies behind a staggered three-month drop-off. The Times newspaper said it has been told that Chancellor Rishi Sunak will use his Budget next week to move the deadline to the end of June. A spokesman for The Treasury said they could not […]

SPIKE IN LAND REGISTRY COMPLAINTS AS WE CLOSE IN ON STAMP DUTY DEADLINE

Sunday February 7, 2021

Home buyers face property deals ­collapsing and missing out on stamp duty savings due to long delays at the Land Registry. Complaints about the Government’s record office have more than doubled in the past five years, figures have shown. More than 4,500 people made a formal complaint about it in 2020, up from 2,150 in 2015, according […]

THE COMPLETE GUIDE TO PROTECTING YOUR RENTAL PROPERTY FROM THE ELEMENTS

Saturday February 6, 2021

Stormy weather is not unusual in the winter and there has been an increase in severe storms in recent years. Over the past decade, property owners across the UK have seen some of the worst weather damage on record, with many suffering uninsured losses due to torrential rain, gale-force winds and flooding. The UK Environment Agency […]

MORTGAGE APPROVAL HITS 13 YEAR HIGH

Friday February 5, 2021

The pandemic has fuelled a lot of home moves, buoyed by Rishi Sunak’s stamp duty holiday. The number of mortgages given the green light soared to a 13-year high in 2020 despite successive lockdowns. A total of 818,500 mortgages were approved for people buying a home last year, the highest level since 2007. The increase […]

MP’S DEBATE STAMP DUTY HOLIDAY

Friday February 5, 2021

With the stamp duty holiday due to end on 31 March, Parliament has debated an extension. Here’s what it means if you’re planning to buy or sell a home. A petition calling for the stamp duty holiday to be extended has received more than 100,000 signatures, triggering a debate to be held in Parliament. Responding on behalf […]

LOCKDOWN 2021: BAN ON TENANT EVICTIONS EXTENDED UNTIL FEBRUARY

Monday January 18, 2021

Tenants in England are being protected from eviction for at least a further six weeks. The government is extending the ban on bailiff evictions for all but the most extreme cases until at least 21 February 2021. The only exception to the ban is for evictions due to anti-social behaviour, illegal occupation, fraud or rent arrears of […]

HOUSING MARKET REMAINS OPEN DURING LOCKDOWN

Monday January 18, 2021

As England entered another lockdown, the latest official guidance says that you are still able to move home throughout the period, as long as you follow strict safety guidelines.   In this article we answer some of most common questions we’ve been asked by home-movers in England about what the restrictions mean if you’re starting out […]

THREE-TIER LOCKDOWN: WHAT DO THE NEW CORONAVIRUS MEASURES MEAN FOR THE PROPERTY MARKET?

Wednesday October 28, 2020

We explain the government’s rating system and what it means if you’re trying to buy or sell a home this winter. Parts of England have been plunged back into lockdown after Prime Minister Boris Johnson announced new measures to help combat the coronavirus pandemic. The government is adopting a simplified three-tier system, under which restrictions […]

STAMP DUTY HOLIDAY EXPLAINER

Wednesday October 28, 2020

With months left until the stamp duty holiday ends, our guide explains how you could benefit from the tax cut. The Chancellor, Rishi Sunak, unveiled a major stamp duty cut in July in a bid to boost the housing market. He raised the threshold at which buyers have to start paying stamp duty with immediate effect, […]

HOUSE PRICES: WHY A PROPERTY MARKET CRASH WONT HAPPEN IN 2020

Tuesday September 29, 2020

The grim prognoses of a UK house price crash are now unlikely to materialise, at least not this year. Find out why – and what this means if you’re buying a house this year UK house prices are continuing to rise at a steady pace, defying all industry forecasts. The latest Zoopla house price index […]

LONDON HOUSE PRICES TIPPED TO RISE: FORECAST TO DEFY LOCKDOWN AND FEARS OF COVID ‘SECONDWAVE’ WITH 2.5% RISE

Tuesday September 29, 2020

The latest figures paint an optimistic longer term picture for London house prices. London house prices could rise 2.5 per cent this year, despite the lockdown and rise in Covid-19 infections. A report by Hamptons International, published today, predicts that the “rapid recovery” after the property market reopened in May means values in the capital will exceed both […]