Property news

Friday News #065 – Stamp duty holiday: How will it work?

Friday News #065 - 10th July 2020 On Wednesday the chancellor, Rishi Sunak, announced a stamp duty holiday on the first £500,000 of a property’s value, coming into effect immediately running until March 2021 and applicable to all property sales. Investors and second home purchasers will still have to pay the additional surcharge but also benefit from the tax holiday. With the saving currently...

Friday News #064 – New-build market bouncing back quicker than second-hand market

Friday News #064 - 3rd July 2020 New data has revealed a slight dip in UK average property prices compared to June 2019 – but does the figure being widely used by the media provide a true picture of the property market across the UK? Diving deeper into the house price index released by the Nationwide, from which the number was taken, which you can read here, the picture is not as bleak when broken...

Friday News #063 – House prices predicted to rise over the next three months as market ‘accelerates’

Friday News #063 - 26th June 2020 A sustained high level of demand from buyers is driving property prices upwards in many areas of the UK whilst the number of completed transactions lags behind as the market plays catch-up following lockdown. Five-year forecasts from industry leaders remain unchanged despite the pandemic disruption. As successful investors tend to purchase property with a long...

Friday News #062 – June lettings activity matching 2019 levels

Friday News #062 - 19th June 2020 Estate agents are overwhelmed, asking prices are increasing and discounts are diminishing – the UK property market is showing no signs of slowing down. Where you invest remains to be the key - recently released data has highlighted the resilience of the property market outside of London, further adding to the appeal of many prime investment locations across the...

Friday News #061 – Buy-to-let market sees ‘early signs of recovery’

Friday News #061 - 12th June 2020 With a long term view investors are happily snapping up properties in prime investment locations across the UK – there are some excellent opportunities currently available. The lettings market has returned with a bang; agents are reporting record-breaking activity. Though renters and buyers are now being much more particular about the type of property they want to...

Friday News #060 – Rental market sees “remarkable” bounce back in activity after lockdown lifted

Friday News #060 - 5th June 2020 Since the UK property market officially reopened for business the demand for rental property in the UK has resumed to the usual dizzying levels, outstripping supply once more. Mortgage lenders are also largely all back in the buy-to-let market and offering attractive products to investors. Where and what you buy remains to be of great importance for a successful...

Friday News #059 – Property among most resilient UK service sectors during pandemic

Friday News #059 - 29th May 2020 Market activity continues to build with buyers increasingly searching for properties online and transactions moving forward at speed now the physical valuations and home moves can take place. Finding the right opportunity in any market climate is the key to investor success; choosing the best location for capital growth and a property that will appeal to tenants and...

Friday News #058 – Post-Lockdown Property Market Bouncing Back

Friday News #058 - 22nd May 2020 The UK property market is gaining momentum with buyers making swift and decisive purchasing decisions. Seasoned investors, in particular, are taking action knowing that as demand increases and more buyers return to the market the opportunity decreases. Lenders are returning to the BTL market in high numbers after briefly removing products and putting restrictions...

Friday News #057 – Moving home allowed as curbs lift on estate agents in England

Friday News #057 - 15th May 2020 This week the government announced a raft of measures to get the UK’s housing market back up to speed. Changes included the re-opening of estate agents, the extension of hours construction sites can operate and allowing removal firms to operate once more. Industry experts are largely in agreement that there is now a window of opportunity – such opportunity...

Friday News #056 – House price growth rose to 3.7% in April

Friday News #056 - 8th May 2020 The opportunity is now. The if, buts and maybes won’t profit from their time sitting on the fence; property investment isn’t a spectator sport. There are rumours suggesting that lockdown restrictions might be relaxed in the coming weeks and whilst things won’t immediately return to normal, there is pent up demand from buyers waiting to take action – at...

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