Stamp duty holiday extension to be debated by MPs

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 [...]

By | 2021-01-27T13:24:36+00:00 January 27th, 2021|Categories: Buying, Sales, Selling|0 Comments

Lockdown 3…the property market remains open

  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 [...]

By | 2021-01-07T15:59:24+00:00 January 7th, 2021|Categories: Buying, Landlord, Lettings, Sales, Selling, Tenants|0 Comments

NAEA June Housing Market Report for UK

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 [...]

By | 2020-07-27T12:02:57+00:00 July 27th, 2020|Categories: Buying, Sales, Selling|0 Comments

MIXED REACTION TO SDLT SUSPENSION

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 [...]

By | 2020-07-13T17:04:50+00:00 July 13th, 2020|Categories: Buying, Sales, Selling|0 Comments

POLITICAL UNCERTAINTY LEAVES HOUSING MARKET IN LIMBO

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 [...]

By | 2019-11-27T21:16:06+00:00 November 27th, 2019|Categories: Buying, Sales, Selling|0 Comments

A Sound But Uncertain Market

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 [...]

By | 2019-09-24T14:56:50+00:00 September 24th, 2019|Categories: Buying, Sales, Selling|0 Comments

Labour report calls for a stop on renters paying Council Tax

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 [...]

By | 2019-07-19T15:20:14+00:00 July 19th, 2019|Categories: Buying, Landlord, Lettings, Sales, Selling|0 Comments

NAEA MARCH HOUSING MARKET REPORT

LOWEST MARCH ON RECORD FOR SUPPLY OF PROPERTIES AVAILABLE TO BUY Key Findings Demand for housing fell to a six-year low Sales to first-time buyers (FTBs) hit a seven-month high   Supply of available properties Despite a month-on-month increase, housing supply hit the lowest level on record for the month of March An average of [...]

By | 2019-05-02T15:49:44+00:00 May 2nd, 2019|Categories: Buying, Sales, Selling|0 Comments

NAEA FEBRUARY HOUSING MARKET REPORT

FIRST-TIME BUYERS TAKE ADVANTAGE OF CAUTIOUS HOUSING MARKET Key Findings Demand for housing fell to a six-year low Sales to first-time buyers (FTBs) hit a seven-month high Demand for housing The number of house hunters registered per estate agent branch fell by 15 per cent in February, from 297 in January, to 252 This is [...]

By | 2019-03-25T12:27:13+00:00 March 25th, 2019|Categories: Buying, Sales, Selling|0 Comments

NAEA January Housing Market Report

BUSINESS AS USUAL FOR SELLERS, WHILE BUYERS PUT PLANS ON HOLD The latest Housing Report has found demand from prospective buyers fell from December to January - decreasing by a fifth year-on-year since January 2018.   Supply of available properties was also down last month, falling 14 per cent from 42 in December to 36 per member branch [...]

By | 2019-03-01T11:48:36+00:00 March 1st, 2019|Categories: Buying, Sales, Selling|0 Comments