Article source: Marc Sa Silva, November 5th, 2021 Shares in Purplebricks plummeted 37.26% on Thursday as the company issued a profit warning following a ‘challenging’ period. The company said yesterday…
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Stock levels falling, and chains falling through due to SDLT surcharge – Propertymark
Article source: EYE CORRESPONDENT (please link up to: https://propertyindustryeye.com/stock-levels-falling-and-chains-falling-through-due-to-sdlt-surcharge-propertymark/ ) Propertymark says it has received reports from agents outlining that property chains are falling through due to the additional 2%…
The Local Property Market – July, Aug 2021 Article
Article by Nick Berriman What a manic market! Just when we think things are about to slow down we have another record-breaking month! Across the nation estate agents are experiencing…
Second-home owners cash in on staycation boom
Article source: MARC DA SILVA https://propertyindustryeye.com/ There has been a significant increase in the number of holiday let companies being set-up, as second-home owners look to cash in as overseas…
SLC welcomes government’s plan to press ahead with ‘commonhold’ concept
Article source: Marc Da Silva https://propertyindustryeye.com/ The Society of Licensed Conveyancers (SLC) has commended the government for launching the Commonhold Council – an advisory panel of leasehold groups and industry…
Calls grow for capital gains tax to be reformed
Article source: Marc Da Silva https://propertyindustryeye.com The National Residential Landlords Association (NRLA), acting on behalf of private landlords, is backing calls for reform to capital gains tax payment rules. The…
New Help to Build scheme ‘will create more stock for the property market’
New plans supported by over £150m in new government funding will make it easier and more affordable for people to build their own homes, the housing secretary Robert Jenrick has…
New 95% mortgage scheme has an instant positive impact
The number of 95% loan-to-value (LTV) mortgages has increased significantly in recent week, helping to fuel fresh demand for property, according to Statons. The company, like many estate agents, expects…
The world’s elite buy back into prime central London
Article source: MARC DA SILVA https://propertyindustryeye.com/ The super wealthy acquired more luxury homes in London than any other city in the world last year, the Financial Times reported. Property purchasers…
Another government green-scheme bites the dust
Article source: Marc da Silva https://propertyindustryeye.com/ Over the weekend, and just six months after its launch, the government ditched its flagship green homes grant scheme. The £1.5bn scheme was set…
