89% of sales will be exempt from the basic level of stamp duty, 73% more than today’s exemptions £3.8b could be saved by buyers, boosting the wider economy as they invest in home improvements, white goods and furniture In 28 local authorities across England the proportion of sales liable for stamp duty will fall to 10%, compared to 95% today…

Due to unavoidable delays in the construction industry because of the coronavirus, the construction of 53,000 new affordable homes have stalled. However, Housing Secretary Robert Jenrick has announced that the scheme to help get more families across England into affordable homes has been extended by a year; until March 2023. Homes to be built under the Government’s £9 billion…

Newly released figures from ‘Goodlord’ have revealed that lettings market activity throughout June was significantly higher than recorded at the same time last year. As a result, rental costs are rising in the majority of regions and void periods are coming down as tenants compete for new properties and the industry continues to see unprecedented demand after months of inactivity….

The Prime Minister has announced a raft of new measures to help the UK on the road to recovery following Covid-19, including the construction of thousands of new homes and “the most radical reforms to our planning system since the Second World War”. Speaking in the West Midlands, Mr Johnson outlined that the ‘new deal’ will tackle the chronic failure…

We are very pleased to welcome Kings of Surrey Estate Agents to the Proud to be Local directory. https://localbusinesses.co/

Finding a home is a complex task even for those who have been through the process several times before. For those venturing onto the property ladder for the first time during the present climate, this can seem quite daunting. The latest government advice has stated that homeowners and prospective homebuyers can now get started on the process of buying and…

The latest figures released from the Office for National Statistics (ONS) has revealed that as the UK headed into lockdown, average rents in the Private Rental Sector across England hit a record high of £700 per month. According to the ONS, this figure ‘has not been higher’. On property types, ONS revealed that the highest monthly rent was for properties…

Newly released figures have revealed that activity in the lettings market has rebounded in the four weeks since the property market re-opened on 13th May. According to the data, the number of valuation appraisals for lettings properties in the week ending 6th June was the highest number on record and 19% above the five-year average. On the demand side, the…

Pent-up demand for homes following the UK wide lockdown has resulted in an unprecedented rebound in new sales agreed, with figures close to early March levels. The latest data and analysis from Zoopla has revealed that the suppressed demand has also translated into stronger prices, with average asking prices of sales agreed in the last week 6% higher than June…