Mortgage payment holidays are being extended for homeowners adversely affected financially by the pandemic. The scheme was due to come to an end on Saturday, but the government announced, as…
Category: General
Which region has seen biggest asking price jump since the market re-opened?
Knight Frank has analysed asking prices for properties across England and Wales to discover which region has seen the biggest increase since the housing market re-opened in May. The data,…
Lockdown pushes number of first-time buyers to seven-year low
The number of first-time buyers getting on the property ladder has hit a seven-year low, Halifax warns. Analysis by the lender found the number of first-time buyers during the first…
Property sales down by a quarter compared with last year – HMRC
Property transactions are down by a quarter compared with last year as HMRC figures begin to reveal the impact of the coronavirus pandemic on the housing market. HMRC property transaction…
Going up! Fastrack planning process to add 2 storeys to a property
Homeowners will be able to use fast-track planning process to add two storeys to their property. New laws laid in Parliament yesterday will deliver much-needed new homes and revitalise town…
Widespread relief that SDLT change has not been delayed until the autumn
Fabulous news yesterday that the SDLT announcements went further than we had expected. With an immediate increase in the tax free band to £500,000 for a fixed period until the…
Tenant fee ban for pre-June 2019 tenancies goes live today
The tenant fee ban is extended to all tenancies from today. Tenant fees were banned on any tenancies made from June 1 2019 after the Tenant Fees Act became law…
Wet signature’ still required for mortgage deeds despite Land registry relaxations
At the beginning of May, with Covid restrictions in full swing, Land Registry made changes to the ‘Mercury’ signing rules for documents and deeds. The ‘Mercury’ approach facilitates virtual signings…
First-time buyers expecting price drops may be disappointed – Rightmove
First-time buyers have quickly returned to the property market but they may find that any hopes of the pandemic pushing prices down are dashed, Rightmove claims. The portal said the…
Enquiries soar as property market reopens but safety fears remain
A flurry of agency activity was reported yesterday as the property market was officially reopened but some firms are remaining cautious when it comes to viewings and protecting staff. The…
