Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Grandparents looking to move closer to their children post COVID-19 pandemic
Covid-19 lockdown has caused a major transformation in society as family connections become more important.
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COVID has cost agents £38 million in lost commission so far
Figure is based on latest research that shows 127,000 homes worth £27 billion are not been sold during the COVID-19 pandemic.
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Why the 2% Stamp Duty hike for non-residents is not clever, says Trevor
Never afraid to speak his mind candidly, Trevor Abrahmsohn is aghast that a Tory government is seeking to put off foreigners buying property in England.
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HMRC confirms 2% Stamp Duty surcharge for non-residents
Draft legislation has now been laid in front of Parliament despite warning from prime estate agents that it will put off international investment.
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‘Welsh Stamp Duty holiday pointless until occupied house viewings allowed’
Fine & Country agents say limited nature of duty exemption and restrictions on housing market activity mean duty change will have little effect on market.
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Guest blog: ‘Hong Kong flight turns from trickle into torrent’
Veteran North London estate agent, Trevor Abrahmsohn, reports on the large numbers of Hong Kong islanders seeking refuge in London's prime market.
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Surge in buyer and vendor enquiries follows stamp duty holiday
Research by both Rightmove and Yomdel show huge increase in market activity since Rishi Sunak's announcement last week.
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Sunak’s Stamp Duty holiday is a ‘cowardly’ move says leading agent
London agent Simon Gerrard says move is mostly symbolic and that he fears what will happen when tax is reimposed in March.
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Private renters say they are more satisfied with their housing than last year
Figures show rise in satisfaction levels with quality of accommodation and repairs and maintenance compared with the previous year.
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Welsh agents finally get amber light to restart property viewings
Viewings at occupied properties can start on 27 July, 10 weeks after England – providing infections don’t rise, says First Minister.
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