Delay property tax change until market revives, experts tell government
A taxation institute is urging the government to delay Capital Gains Tax changes relating to housing transactions until the virus crisis ends.
News
Sales progression app now used by 1,000 agency branches
PropTech supplier mio says it now has over 1,000 agency branches using its sales progression platform – and it’s recruited Countrywide to issue a testimonial for the service.
Downsizers should get stamp duty cuts just like first timers – call
Family houses are under-occupied and only incentives to downsize can help improve the housing market – with a stamp duty cut being one of the most obvious.
Mortgage holiday could add £1,331 to a mortgage, owners warned
The financial services industry’s much-hyped mortgage holiday scheme, heavily endorsed by the government, could cost home owners hundreds of pounds in extra payments it is claimed.
Housing Secretary Jenrick in hot water again as he admits bias
Housing Secretary Robert Jenrick – accused by some of breaking the lockdown some weeks ago – is now in more hot water after the government accepted that a key planning decision he made was biased.
‘Furlough could wreck housing market’ – warning to government
The government is jeopardising the success of the housing market relaunch through the inflexibility of the furlough scheme, claims a group of agents, conveyancers, valuers and other property professionals.
London’s largest lockdown deal is coup for high-end agency
High-end agency Beauchamp Estates is claiming to have bagged the capital’s biggest deal during the lockdown period – a mansion which has sold for £15.45m.
Chief exec quits top agency and training guru takes helm
The well-known chief executive of Fine & Country, David Lindley, is standing down
OnTheMarket’s new filter prioritises online viewing options
OnTheMarket has introduced a new filter that allows buyers to limit their searches to those properties with online viewing options.
“Don’t buy a new home before selling old one” tax experts tell buyers
A group representing 600 tax experts working in UK legal and accounting firms is warning buyers not to purchase a new home without selling their old one first – unless they are prepared to risk paying thousands extra in taxes if the sale is delayed.