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Industry and Property News

5 Most Common Home Survey Problems and What to do Next

Thursday, March 11, 2021

Are you in the process of buying a property and are wondering about getting a survey? Don’t make the mistake that far too many homebuyers still make, thinking it’s an unnecessary expense. A study carried out by the Royal...

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Upcoming Changes to Land Transaction Tax Rates in Wales

Thursday, March 4, 2021

As of 1 July 2021, there will be changes to Land Transaction Tax (LTT) in Wales. Up until 30 June 2021, LTT is payable when you purchase or lease a property above the threshold of £250,000. Therefore, currently, no tax is payable...

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Homes for Under £600k

Thursday, March 4, 2021

The Government has announced a new 95% mortgage scheme, allowing homebuyers to pay just a 5% deposit on their new home if purchased between April 2021 and December 2022. Read more about the 95% mortgage and whether this is...

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95% Mortgages: Everything You Need to Know

Wednesday, March 3, 2021

Since March 2020, low deposit deals have virtually disappeared from the mortgage market, hitting first-time buyers hard, as well as those with low levels of equity in their property. During the COVID-19 pandemic, lenders saw these...

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The Stamp Duty Holiday Extension Explained

Wednesday, March 3, 2021

On 3 March 2021, Chancellor Ri sh i Sun ak  announced that the Stamp Duty  Land Tax (SDLT) h oliday will be extended until 30 June 2021  after facing pressure to extend the deadline by three months amid...

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Spring 2021 Market Report: Price Growth at Four-Year High

Thursday, February 25, 2021

A year like no other 2020, a year in which the housing market defied expectations. At 7.6%, annual price growth across the UK is at its strongest since the summer of 2016. Over 129,000 homes are believed to have changed hands in...

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Regional Property Market Update Spring 2021: London

Thursday, February 25, 2021

At 9.7%, average annual price growth in London exceeds the UK average. Growth is currently stronger than at any point since July 2016 and considerably higher than the 1.2% fall recorded this time a year ago. Although Rightmove report...

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Regional Property Market Update Spring 2021: North East, Yorkshire...

Thursday, February 25, 2021

Average annual price growth in the North East (8.3%) and in Yorkshire and the Humber (9.7%) is higher than the UK average. In eleven areas the annual rate of price growth currently exceeds 7.5%.  Although Rightmove report that...

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