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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 […]

NUMBER OF HOMES SELLING WITHIN A WEEK HITS TEN-YEAR HIGH!

Thursday September 10, 2020

If you’ve decided that now is the right time to sell, there’s arguably never been a better time to put your home on the market. Our data analysts have been crunching the numbers and they can reveal that more homes are now securing a buyer and having an offer accepted within a week than at […]

NEW STAMP DUTY: HOW WILL IT WORK?

Thursday July 9, 2020

The chancellor has announced a temporary holiday on stamp duty on the first £500,000 of all property sales in England and Northern Ireland. The tax threshold has been temporarily raised until next March to boost the property market and help buyers struggling because of the coronavirus crisis. The changes have come in with immediate effect. […]

21 STEPS TO BUYING A HOME

Friday June 26, 2020

You’ve made the decision to embark on the journey to home ownership. Here are the steps you’ll need to navigate until you can move in, set up and celebrate   Work out your budget Take your deposit and add it to the total of 4x your salary (or 4x joint salaries if you are buying […]

FIXED-RATE MORTGAGE DEALS TUMBLE TO LESS THAN 1.15%

Tuesday June 9, 2020

Some lenders are now offering interest rates of below 1.15% on two-year fixed-rate mortgage loans. We explain why. Borrowing costs for banks and building societies have fallen in response to the coronavirus lockdown. This has resulted in a respective dip in the cost of fixed-rate mortgage deals. Best-buy two-year fixed-rate mortgage deals have tumbled to below 1.15%. […]

WE ARE DONATING TO THE NHS

Thursday May 7, 2020

Auckland Estates would love to show our appreciation to the many NHS workers in and around Potters Bar by placing ‘THANK YOU’ boards in and around the area so that our SuperHeros can see how grateful we all are. We are donating to the NHS for every board erected. If you would like to join […]

TAX CHANGES FOR LANDLORDS COME INTO FORCE

Tuesday April 7, 2020

The start of the new tax year brings changes to mortgage interest tax relief and capital gains tax for buy-to-let landlords.   Landlords face more taxation changes from April 6 2020, with the phasing out of mortgage interest tax relief reaching its final stage and capital gains tax adjustments. The start of the new tax year […]

CORONOVIRUS: GOVERNMENT RULES OUT RENT HOLIDAY FOR RENTERS

Tuesday April 7, 2020

People who rent their homes will not be offered a three-month rent break similar to the mortgage holiday available to homeowners.   The government appears to have ruled out offering renters whose finances have been impacted by the coronavirus pandemic a rent holiday. Homeowners who are struggling to pay their mortgage are able to apply to their […]

TIME TO SPRUCE UP YOUR PROPERTY AS LOCKDOWN PROMPTS HOME DIY ACROSS THE UK

Friday April 3, 2020

AS the UK continues to stay in lockdown, many home owners are turning to DIY to pass the time and add value to their homes. We have found the online DIY shops still delivering across the UK during lockdown. If you find yourself getting stuck into DIY while indoors, here’s where you can still get […]

CORONAVIRUS HASN’T AFFECTED APPETITE FOR PROPERTY

Saturday March 7, 2020

The global economy is already showing the first symptoms of a new affliction, with the biggest plunge in share prices since the 2008 financial crisis and China’s economy threatening to contract for the first time in decades. So far, housebuilders have only been mildly affected, with minor dips in their share prices. This morning, Berkeley […]

PROPERTY PRICES AT HIGHEST POINT SINCE THE 2007 PEAK

Wednesday February 26, 2020

House prices in all cities in England have risen above their 2007 peak for the first time since the financial crisis. While it took less than three years for homes in London to regain their previous highs, it has taken up to 12 years in other cities, according to our monthly Zoopla UK Cities House price […]

BUSIEST EVER MONTH ON RIGHTMOVE AS MARKET SEES CONFIDENCE RETURN

Tuesday February 18, 2020

Visits to Rightmove surpassed 150 million for the first time on Rightmove in January, making it the busiest month ever recorded as home-hunters looked to take advantage of a more certain political outlook. There were over 152 million visits to Rightmove in January, a 7% increase on January 2019. The previous record for the busiest […]

MORTGAGE APPROVALS HIT HIGHEST LEVEL IN FOUR YEARS

Thursday January 30, 2020

The latest mortgage lending figures show a welcome pick-up in the housing market. The number of mortgages approved for people buying a home soared by 20% in December to hit a four-year high. A total of 46,815 loans for home purchases were agreed during the month. This was the highest level since August 2015 on […]

LOOKING TO INCREASE THE VALUE OF YOUR HOME? 12 WAYS YOU CAN MAKE THE MOST OF YOUR HOME’S POTENTIAL.

Thursday January 23, 2020

Looking to increase the value of your home? 12 ways you can make the most of your home’s potential. For many, buying a first home is a heart-led process. But, if you’re going on property viewings with your business head firmly screwed on, chances are you’re looking for some value-adding potential. Here’s our guide to the key opportunities. 1. Home […]

POST-ELECTION BOUNCE SEES BIGGEST JANUARY RISE ON RECORD

Tuesday January 21, 2020

Buoyant spring market predicted as Brexit jitters fade – but newly confident sellers are warned against overpricing, with affordability still an issue for returning buyers. The London house price recovery continued apace this month with the largest monthly price rise ever recorded in January, pushing the average London asking price to £612,500. Asking prices for […]

THE ANSWERS TO 5 KEY LANDLORD QUESTIONS FOR 2020

Tuesday January 7, 2020

Five key trends are likely to affect landlords in 2020, including legislation, tax, costs, rents and the political climate. Here we take a look at each of the issues that are expected to intensify in the year ahead. Landlord laws soar 32% since 2010 – RLA calls time on any new regulations 4 worrying facts […]

4 NEW BUY-TO-LET TAX RULES LANDLORDS SHOULD KNOW ABOUT

Friday December 13, 2019

New buy-to-let tax rules: explained   1. Can I claim tax relief on mortgage interest? Landlords used to be able to offset mortgage interest payments against rental income, but in 2015 the government announced they’re phasing this out. In 2017-18 the tax relief you could claim reduced to 75 per cent. Fast-forward to 2019-20 and it’s […]