Regional Property Market Update Autumn 2020: South West
Tuesday, October 27, 2020
It is estimated that nearly two million people own buy-to-let property across the UK (Resolution Foundation 2019), with property being regarded as a ‘safe-haven’ asset. At 4.7% the gross yield on residential property across the South...
With the Green Homes Grant Scheme, homeowners and landlords can apply for a grant towards funding energy-efficient home improvements from the end of September 2020. We reveal more about the scheme and how to apply for up to £5,000 or...
Working from home – how it has impacted the property market
Friday, August 7, 2020
Over half the population’s working circumstances have changed with around 34% of people being told they will continue to work solely from home and a further 22% being told that they will continue to work partly from home and partly from the...
Since 27 March, all new and existing possession proceedings against residential tenants have been stayed. Initially the stay was brought in for a period of 90 days, however, the Government announcement in June that the stay would be extended...
A breakdown of the changes to Land Transaction Tax in Wales
Wednesday, July 22, 2020
Recently, Finance Minister, Rebecca Evans, announced the new temporary changes to Land Transaction Tax (LTT) in Wales. As of 27 July 2020, any properties valued up to £250,000 will require no LTT to be paid. These changes will apply and run...
Changes to Land and Buildings Transaction Tax explained
Wednesday, July 15, 2020
As of 15 July, the Scottish government is cutting the rate of its devolved Land and Buildings Transaction Tax (LBTT), with the threshold increasing from £145,000 to £250,000 until 31 March 2021.
There will be no LBTT...
With the spring market showing signs of improved consumer sentiment following the election result, 2020 was expected to be the year the property market regained the traction lost due to Brexit uncertainty, with promising figures in the first...
Will COVID-19 and the continuing lockdown have an impact on property market trends moving forward or could we see the housing market pick up where it left off? With the lockdown restricting movement and most people spending most of their day in...