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Extending the stamp duty holiday by six weeks would save home buyers in England a further £1billion, according to new predictions. Pushing the cut-off date back from 31 March to mid-May would mean that between 120,000 and 160,000 additional property sales would be able to complete and save up to £15,000 on their stamp duty … Read more

Housebound UK homeowners are on a quest to perfect their homes, as Britons spent billions on renovations in 2020. Households spent an average of £2,608 on home improvements last year, up £391 or 15 per cent on 2019, according to a survey of 2,000 homeowners by the online tradesman directory Checkatrade.  If every owner-occupied household … Read more

Housebound UK homeowners are on a quest to perfect their homes, as Britons spent billions on renovations in 2020. Households spent an average of £2,608 on home improvements last year, up £391 or 15 per cent on 2019, according to a survey of 2,000 homeowners by the online tradesman directory Checkatrade.  If every owner-occupied household … Read more

For anyone who has been to a property auction – or perhaps just tuned in to an episode of Homes Under the Hammer – they are usually associated with a bustling ballroom full of buyers intermittently throwing paddles up in the air, all orchestrated by a wildly gesticulating auctioneer. Like any group gathering, Covid has … Read more

An estimated three quarters of a million home buyers are set to benefit from the Government’s stamp duty holiday, saving themselves nearly £5billion in tax. Around 740,000 people who agreed sales between May and December 2020 have either already taken advantage of the saving, or will do before the deadline, according to property portal Zoopla. … Read more

Average asking prices have ‘surprisingly’ increased in the past four weeks, after three consecutive months of falls, fresh data from property website Rightmove reveals.  According to Rightmove’s latest figures, average asking price swelled by £1,522, or 0.5 per cent, to £318,580 in the past month. The property site says one in five buyers who agreed … Read more

A fifth of Britain’s wealthiest people are TURNED DOWN for mortgages despite having hundreds of thousands in the bank Not having a monthly pay slip means they struggle with ‘tick box’ applications Wealthy individuals also have issues applying for overdrafts and credit cards The problem has become worse, according to survey by a mortgage provider … Read more

Average property prices continued to rise everywhere in the country apart from London in the past month, new findings have suggested. But despite remaining open throughout the latest lockdown, the property market has started off 2021 on a ‘weaker footing’, with sales, listings and interest from prospective buyers waning, the Royal Institute of Chartered Surveyors … Read more

There are several avenues for complaints if your new-build home is defective Until the new code and ombudsman service comes into force – probably later this year – these are the options for homeowners who are unhappy with the quality of their new build.   1. Use your warranty  If your new-build is less than 10 … Read more

The proportion of first-time buyers spending more than £1million on their homes has doubled in the past year. Two per cent of buyers spent a seven-figure sum on their first home in 2020, compared to one per cent the year before, according to data from the estate agent Hamptons International.  Based on Halifax data which … Read more