Rightmove asks government to consider retaining first-time buyer stamp duty threshold
New analysis shows only 37% of homes for sale will be eligible for first-time buyer stamp duty relief in England come next April, down from 58% of homes that are currently eligible Currently, a first-time buyer pays no stamp duty on properties up to £425,000, but this is due to drop back to £300,000 from…
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Rightmove
Breaking Property News – 25/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Latest property data trust framework helps digitise conveyancing The Open Property Data Association (OPDA) has released the newest version of its property data trust framework which, among other benefits, will help key conveyancing information to be provided digitally. It will be easier for consumers to…
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Andrew Stanton
Rightmove’s weekly mortgage tracker
Matt Smith, Rightmove’s mortgage expert said: “We’ve seen average mortgage rates drop at a pace not seen for a while this week, faster than many expected as lender competition hots up. The first sub 4% rate for those with larger deposits and prepared to pay a higher fee is the headline-grabber, but we’ve also seen…
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Rightmove
Breaking Property News – 24/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. The recent UK election, with a new Labour government, is set to have significant implications for lettings. As housing is a devolved matter in Wales, local governance and devolution will play a crucial role in shaping this sector. Williams & Goodwin The Property People,…
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Andrew Stanton
Breaking Property News – 23/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Referral system earns agents up to five figures in additional revenue With an extensive Membership of independent estate agents throughout the UK, The Guild of Property Professionals is one of the UK’s largest property networks. Leveraging this extensive reach and influence, Guild Members are…
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Andrew Stanton
Rightmove: Rents hit new record, as average property receives 17 enquiries
Average advertised rents outside of London rise to a new quarterly record of £1,314 per calendar month (pcm), now 7% higher than last year (£1,231 pcm) London rents have also risen to a new record of £2,661, now 4% higher than last year (£2,567 pcm), with rent growth steadily slowing since the peak of 16%…
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Rightmove
5 Steps to Becoming the Best Estate Agent in Your Town
Are you passionate about your estate agency and want to become the most noted estate agency in your local area? Finding a family their dream home can feel like the greatest accomplishment, and can be extremely rewarding. In order to become the best estate agent in town, here are some top tips for success. 1….
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EAN Content
Why You Should Invest in Herne Bay Property
Herne Bay, a charming coastal town in Kent, is fast becoming a hotspot for property investment. With its picturesque seafront, vibrant community, and excellent transport links, Herne Bay offers a wealth of opportunities for property investors. If you are considering a property investment and looking for estate agents in Herne Bay to guide you through…
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EAN Content
5 Key Provisions of the Real Property Tax Act You Should Know
FIRPTA is an acronym for Foreign Investment in Real Property Tax Act. It’s a United States’ federal tax law that imposes taxation on the proceeds realized from the disposition of real estate assets held by foreign persons. FIRPTA was enacted in 1980 and is part of the Omnibus Reconciliation Act of 1980. The act mandates…
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EAN Content
With the Labour Government winning the UK election, Property Group, Beresfords, believe that the landscape of the UK property market is set to remain robust and move forward positively into the second half of the year, as the party supports a ‘One Nation’ housing policy. As an award-winning Estate Agency buying and selling more property…
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EAN Content
The Legalities of DIY Property Management: What You Need to Know
Managing your own property can be a rewarding endeavour, offering significant savings and a hands-on approach to maintaining your investment. However, the legal landscape surrounding DIY property management is complex and multifaceted, requiring a comprehensive understanding to ensure compliance and avoid potential pitfalls. In this blog, we will explore the essential legalities of DIY property…
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EAN Content
Industry Comments on Housing Policies
David Cox, Rightmove’s legal expert said: “As expected, the new Labour government has introduced its own Renters’ Rights Bill, which contains similar details to the previous Renters’ Reform Bill. It is designed to abolish no-fault evictions and reform grounds for possession and increase tenant rights. With parliament expected to break for recess at the end…
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EAN Content