Coronaphobia fuelled property slump: UK house prices fell by 0.2% in March and April making average home worth £234,612 amid fears over rise in Covid cases and lockdown being imposed UK house prices dropped 0.2% between March and April on completed sales Office for National Statistics said average property value stood at £234,612 But there … Read more
Persimmon, the builder previously known as a byword for executive greed, is striking a hopeful note on the housing market. The dividend, which had been put on ice, is being reinstated and sales have surged since lockdown. This fits with other straws in the wind. Rightmove, the property website, says home sales surged over the … Read more
Lockdown mini-boom sees the property market have its busiest month EVER, says Rightmove, with £37bn worth of home sales agreed Rightmove has had its highest monthly sales since it started keeping records It took in £12billion more this July than it did last year despite the pandemic The average asking price for a home was … Read more
Leading property website reports its busiest month in a DECADE as housing market surges ahead with £37bn summer sales boom Rightmove has had its highest monthly sales since it started keeping records It took in £12billion more this July than it did last year despite the pandemic The average asking price for a home was … Read more
– What is stamp duty? The Stamp Duty Land Tax was introduced in its current form in December 2013 and applies to people who buy a property or land over a certain price in England and Northern Ireland. The previous threshold meant property costing over £125,000 is liable for the tax, although the 2017 Budget … Read more
Landlords must reveal if tenants they try to evict have been affected by coronavirus – or the case can be thrown out of court Government places new restrictions on landlords repossessing properties Landlords must submit additional information as part of their claims in court Landlords must reveal if a tenant has been affected by coronavirus … Read more
Nobody wants a second wave of coronavirus sweeping across the country, but we all know it might happen this autumn or winter so it’s time to prepare your home. Prime Minister Boris Johnson says there’s unlikely to be another national lockdown, but councils have new powers to insist residents stay at home: so is your … Read more
The Veronicas have put their Queensland hideaway on the market. Lisa and Jess Origliasso, 34, bought the home last year for $695,000, after relocating from Los Angeles to be closer to their mother, Colleen, who has Lewy body dementia. But according to Realestate.com.au, they are now looking to sell the secluded property, which sits on 2,773 square metres … Read more
The number of unsafe homes bought with Help to Buy loans has been ‘grossly underestimated’, according to campaigners. Official figures claim that than less than 300 homes covered in unsafe cladding – mainly flats in blocks – were bought using a Help to Buy loan. People who bought homes covered with non-fire retardant cladding are … Read more
The property market mini-boom could go bust as unemployment soars after furlough, estate agents warn Stamp duty holiday is already contributing to lift demand for homes, Rics says But property professionals have warned the recovery may be short lived By Camilla Canocchi for Thisismoney.co.uk Published: 08:13 BST, 13 August 2020 | Updated: 08:13 BST, 13 August … Read more