It may make little difference to agents but a leading analyst suggests thousands of buyers have effectively lost money on their purchase – even if they complete in time to secure the full stamp duty holiday… Price rises overtake stamp duty holiday savings in many places
The director of a conveyancing technology company has hit out at what he calls “an over-reliance on outdated processes” and “age-old search delays” for hold-ups in processing transactions in the housing market. Andy Sommerville, director… Conveyancer attacks “outdated” and “age old processes”
Countrywide, which is thought to have closed over a fifth of its branches in recent years, has opened a new office in London. It’s been widely publicised throughout the industry – but without detailed comment… Countrywide opens a new branch after 50 closures this year
Transactions appear to be edging higher than in 2019 for the first time this year – despite lockdowns and concerns caused by Coronavirus. Comparison site GetAgent says transaction volumes across the whole of the UK… Transaction volumes edging higher than 2019 despite Covid
A new report funded by high profile consumer champion Martin Lewis says the government must do more to help ‘mortgage prisoners’. These are existing home owners who are unable to remortgage to a cheaper deal… TV consumer champion demands action to free ‘mortgage prisoners’
The trend of buyers apparently fleeing the city to get more for their money in the country has hit the buffers – at least if vendors want to go to a National Park. Far from… Buyers fleeing cities don’t always get more for their money
Buyers in around 30 per cent of English cities are almost certainly already too late to complete a purchase by March 31 and the end of the stamp duty holiday. A property consultancy, The Advisory, says… Too Late! Third of England set to miss stamp duty holiday deadline
A London property investment consultancy says 22 per cent of properties it’s advised overseas purchasers on this year have been bought sight-unseen. London Central Portfolio says it’s experiencing an influx of international buyers as the capital battles… Many overseas buyers don’t even visit Brexit bargain purchasers
There’s one key takeaway for agents from the weekend’s announcements on the next England-wide lockdown – the housing market is staying open. However, there will be some short-notice changes on the fringes of agency activity.… Mortgage holiday set to be extended as housing market stays open
Figures just released from HM Revenue & Customs show just how much stamp duty buyers pay, at least before the current holiday exemption. For transactions in the year to April 2020 – so including a little… Stamp Duty receipts up despite first time buyer exemption
