MPs will finally be given an opportunity to debate an extension to the stamp duty holiday beyond 31 March after the Petitions Committee announced that politicians will be permitted to discuss a popular e-petition, which has now attracted more than 129,000 signatures, on Monday 1st February. The House of Commons previously confirmed there would be a [...]
We have been here before and we are here to help. This is an unsettling time for us all. Following the Prime Minister’s announcement on 4th January, the updated Government guidance states “Estate and Letting agents and removal firms can continue to work. If you are looking to move, you can attend property viewings.” Demand remains [...]
We are delighted to announce that M & M have linked up with Harriet Fleming Surveyors who specialise in the field of residential enfranchisement. We have worked with Harriet Fleming many times, and think that their services will be of great use to some of our Landlords and Home owners. Harriet Fleming Assoc RICS Surveyor [...]
Key Findings One in 10 properties sold for more than the original asking price, the highest recorded since February 2016 The number of sales agreed has soared with an average of 10 sales per branch in June Housing demand was 10 per cent higher in June compared to May Full Report What properties sold [...]
News of the temporary suspension of SDLT for property transactions up to £500,000 caused a tsunami of comment; most of it positive but some with words of caution. In the first half hour after the announcement traffic to Rightmove jumped by 22%. Rightmove’s property expert Miles Shipside: “This move will help to keep the nation [...]
NAEA October Housing market report : The number of prospective buyers and the supply of available housing fell The number of sales agreed remained the same whilst sales to FTBs decreased Supply of available properties The number of properties available per member branch fell in October, from 40 in September to 39, the lowest amount [...]
Back in July the Ministry of Housing, Communities and Local Government released a report that has put Estate Agents on the path towards the regulation of estate agents in the UK and letting agents in England. While we don’t know what regulation will look like in its final form, the report showed the recommendations of the [...]
The average price of a property arriving on the market has dropped by 0.2 per cent this month, according to market data from Rightmove. This small dip comes at a time that normally sees the first signs of an Autumn recovery and is the first price fall recorded in September since 2010. The reports show [...]
A Labour-commissioned report calls on the party to make radical change to the housing market if it wins power. The report proposes to replace the Council Tax with a “progressive property tax” that would see landlords forking the bill. One of the authors of the report, George Monbiot, stated that since 1995 land values have [...]
The Ministry for Housing, Communities and Local Government (MHCLG) has released a report on the recommendations of the Regulation of Property Agents Working Group (RoPA) proposing a new regulatory framework to cover estate agents across the UK and letting and managing agents in England only. The report comes as part of work to raise professional [...]
