The latest figures released from Rightmove

The latest figures released from Rightmove have revealed that the average asking price of property coming to market in Britain has hit a record high of 2.4% (+£7,640) higher than in March pre-lockdown. Rightmove found that following lockdown restrictions easing across the UK, properties are coming to market at a new record average asking price due to an unexpected mini…

NEW STAMP DUTY RULES SEE SPIKE IN EXPAT BTL ENQUIRIES….

The recently announced stamp duty holiday has seen an influx of UK expatriates and foreign nationals enquiring on buy-to-let investments. According to newly released data from buy-to-let lender, Skipton International, in the seven days following the announcement the lender saw a 61% rise in usage of its online mortgage calculator for UK buy-to-let mortgages estimates. Jim Coupe; Managing Director of…

Rightmove have revealed

The latest figures released from Rightmove have revealed that the average asking price of property coming to market in Britain has hit a record high of 2.4% (+£7,640) higher than in March pre-lockdown. Rightmove found that following lockdown restrictions easing across the UK, properties are coming to market at a new record average asking price due to an unexpected mini…

NEW STAMP DUTY RULES SEE SPIKE IN EXPAT BTL ENQUIRIES….

NEW STAMP DUTY RULES SEE SPIKE IN EXPAT BTL ENQUIRIES…. The recently announced stamp duty holiday has seen an influx of UK expatriates and foreign nationals enquiring on buy-to-let investments. According to newly released data from buy-to-let lender, Skipton International, in the seven days following the announcement the lender saw a 61% rise in usage of its online mortgage calculator…

English Housing Survey

For the first time since 2012, the proportion of 25-34 year olds buying a home has risen above those renting. The findings were revealed in the latest English Housing Survey, which covers the financial year 2018-2019. According to the report, 41.2% of those aged 25-34 are homeowners, up from 37.6% in 2017/2018, with private renters totalling 40.9%. The government data…

GOVERNMENT MOVES TO SAFEGUARD AFFORDABLE HOMES SCHEME DURING PANDEMIC:

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…

Goodlord

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….

BUILD, BUILD, BUILD: JOHNSON REVEALS ‘RADICAL’ NEW PLANNING REFORMS…..

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…