Thursday, March 25, 2021
We spoke to some Members agents of The Guild of Property Professionals about the impact a Capital Gains Tax (CGT) increase could have on the property market. According to Joe Gervin, Director and In House Solicitor at LPS Real Estate,...
Read MoreTuesday, March 16, 2021
Saying that 2020 changed the way many companies do business is a massive understatement. Pivoting their strategies, businesses evolved and adapted to a new way of working with many people now working from home for the foreseeable future. With the...
Read MoreThursday, 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 on the...
Read MoreWednesday, 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 deals as...
Read MoreWednesday, 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 concerns ...
Read MoreThursday, 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 December, 32%...
Read MoreThursday, 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 average...
Read MoreThursday, 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 average...
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