Stamp duty speculation to dampen down market
Talk of the Chancellor replacing stamp duty and taxing homes over £500,000 is likely to result in a slower market over the next few months, Zoopla has warned. Zoopla said:…
South coast has most unsold homes
Coastal areas in southern England have the most competition amongst sellers, meaning property buyers are well placed to haggle in those areas. Zoopla analysis said this particularly applies in Truro,…
Property Ombudsman unveils new website
Dispute resolution service for agents, the Property Ombudsman, has unveiled a refreshed version of its website. The new design features an improved business search to check who’s registered and updated…
Landlords reconsider student market amidst Renters’ Rights Bill
One in five agents (20%) say landlords are already pulling out of the student market, and another 10% say landlords are actively reconsidering, according to software provider Alto. The Renters’…
Demand rising for seaside offices
Workers are leaving their city lives behind in favour of new lives by the coast during and after the Covid-19 pandemic, analysis of 300 locations from International Workplace Group has…
London prices inflated by properties owned by shell companies
Some 40% of properties owned by anonymous firms based in tax havens are in the UK capital, analysis from international NGO Global Witness has found. This has served to push…
Departing non-doms reinvigorating the HNW mortgage market
There’s been an influx of mortgages issued worth more than £5 million, driven by non-doms departing from the UK. In 2024 there were £3bn worth of mortgages at the £5m+…
Replacing stamp duty is valid – but Labour can’t please everybody
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Rightmove raises concerns about ‘unintended consequences’ of stamp duty changes
The government needs to be careful about stalling parts of the market with far-reaching tax changes, Rightmove has warned. One speculated change is removing stamp duty and replacing it with…
Bradford is highest demand region of England
Bradford was the leading property hotspot in the country between May and July, research from OnTheMarket has revealed. This is based on the number of available sales per available properties,…