Tag: Stamp Duty
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London Prime Property – Labour’s Win Could Be a Boost for Investors
The recent Labour victory has sparked a wave of optimism amongst London’s property investors, with analysts predicting a strong rebound in the prime property market. Pent-Up Demand and Interest Rate Cuts Experts believe that the election results have cleared the air, prompting a surge in buying activity, City AM reports. “A lot of buyers were…
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Rent or Buy? Why Renting Could Save You Cash Right Now!
The age-old question of whether to rent or buy has taken a surprising turn. With crazy house prices and high mortgage rates, renting might actually be easier on your wallet! Let’s look into why renting could be the smarter choice right now. High Mortgage Rates Make Buying Pricey Mortgage rates are a far cry from…
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Election Promises Fall Flat for First-Time Buyers
Despite promises of cheaper mortgages and more homes, first-time buyers aren’t convinced the upcoming general election will make getting on the property ladder any easier. A recent survey by mortgage lender Aldermore has revealed that less than half (46%) of potential first-time buyers believe the election will improve their chances of buying a home. This…
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Sellers Rush to List Houses Before Election
Nervous sellers are rushing to list their homes before the upcoming general election, hoping to avoid a potential post-election lull and cash in on the current hot market. New data from Home Sale Pack reveals a 22.9% surge in new property listings across Britain in just the last two weeks compared to the start of…
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London First-Time Buyers Hit 20-Year High
Good news for anyone dreaming of owning a home in London: first-time buyers are back in a big way! New research from estate agent Benham and Reeves shows that 181,000 people took their first step onto the property ladder in London during 2022/2023. That’s a massive jump of 24% compared to the previous year and…
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Airbnb Host? Get Ready for a New Holiday Let Tax Regime!
Get ready, holiday let landlords, because the taxman is coming for you! From April 5th, 2025, the rules for how you declare your holiday let income are changing. These changes could hit your pocket hard, so it’s crucial you understand what’s happening and how to prepare. Get Ready for a Tax Squeeze! The government is…
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First-Time Buyer Mortgage Nightmare – Payments Top £1,000 a Month!
Soaring house prices and interest rates have pushed the average first-time buyer’s monthly mortgage payments to over a grand, leaving many struggling to get on the property ladder. It’s tough out there for aspiring homeowners! The latest figures from Rightmove paint a grim picture, revealing that the average monthly mortgage payment for a first-time buyer…
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Portfolio Landlords Believe Election Won’t Shake Up Property Empire
Don’t worry, landlords! The upcoming election won’t send your buy-to-let empire crashing down, according to new research from Zero Deposit. 82% of landlords have kept their buy-to-let portfolios the same size, despite a barrage of changes from the Conservative government. These include tweaks to mortgage tax relief, heftier stamp duty on additional homes, and the…
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Price Right or Risk a Longer Wait – Why Getting Your House Valuation Spot On Matters More Than Ever!
The property market has been a bit of a rollercoaster recently. After some crazy price hikes, things seem to be calming down. But don’t get too excited just yet – for both sellers AND buyers, there’s a new challenge: getting the price right. You see, inflation, while dropping, is still pushing prices up, even if…
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Build to Rent Landlords Want Favours from the Government
The big landlords are asking for special favours from the next government. They want more help building “Build to Rent” (BTR) homes – these are apartments designed specifically to be rented out, not sold. The British Property Federation (BPF) – which represents the big landlords – claims that there are already over 100,000 BTR homes…