Rarely do Budgets produce positive sentiments from the agency industry but Chancellor Rishi Sunak appears to have won widespread support for most measures. Agents almost without exception have backed the two-phased extension to the stamp duty… Stamp Duty: new cliff edge or cause for delight?
A prominent conveyancer has hit out at the extension to the stamp duty holiday, which is now ending in late June and not on March 30. “The latest estimates are that 70,000 to 100,000 home buyers… Bad Idea? Stamp Duty Holiday extension could backfire…
A conveyancing trade publication wants those involved in residential transactions to be kind to each other – especially as the stamp duty holiday adds to the pressure. Today’s Conveyancer says increasing numbers of conveyancers have taken… Conveyancers call for less aggression in house buying process
Older homeowners gifted an average of £42,500 to younger relatives to help them buy in the past year, according to new research. This is almost two-thirds of the average first time buyer deposit and will… Stamp Duty Holiday allows older owners give more help to younger
The online petition which prompted a debate by MPs has now won the support of around 150,000 signatures. Typically public support for such petitions fizzles out after a debate but in this case signatures continue to… 150,000 and rising! Stamp Duty Extension petition wins more support
Some 12 per cent of buyers will pull out of their transaction if it does not complete in time for their stamp duty exemption. That’s the finding of a survey by Knight Frank, which asked 500… One in eight sellers will pull out if they miss stamp duty holiday
The deadline to complete the purchase of a home under the current Help to Buy scheme in England has been extended from March 31 to May 31. Covid-related delays meant more than 16,000 sales were… March 31 deadline extended for Help To Buy completions
A new forecast suggests 70,000 buyers will miss the March 31 stamp duty holiday deadline. Zoopla has undertaken a new analysis to measure the impact of the holiday as a whole, and to assess the… Stamp Duty loss: 70,000 agreed sales will miss deadline
One of the chief figures behind Brexit and Boris Johnson’s role as London Mayor is now advising that stamp duty should be scrapped on low-value homes – and maybe abolished completely. Gerard Lyons was chief economic… Brexit and Boris backer calls for stamp duty to be scrapped
There’s now more choice in the mortgage market than at any time since last March, before the pandemic reached a peak. The independent market monitor Moneyfacts says overall mortgage availability rose in January this year… Good news for market as mortgage choice hits 12-month high
