Stamp duty holiday to be extended by three months The stamp duty holiday will be extended by three months to the end of the June, The Times reports. While it was reported that ministers would opt for a six-week extension for those already in the process of buying a house, mortgage lenders apparently told ministers […]
The property market will continue to run despite the government introducing new lockdown measures. Prime Minister Boris Johnson has instructed people to stay at home where possible, while schools and nonessential shops have been closed. However viewings are still possible, while surveys are still being allowed to go ahead. Tomer Aboody, director of property lender […]
The government doesn’t plan to extend the stamp duty holiday, which is due to expire at the end of March. A petition was launched, which gained 22,156 signatures at the time of writing, asking for a stamp duty holiday extension for an additional six months. In response, the government said: “The SDLT holiday was designed […]
Eight in 10 (84%) homeowners are planning to make their property more ‘green’ in the coming year, with reducing energy bills a key motivation, new research from plumbing and heating trade supplier City Plumbing has revealed. Last week the government extended the Green Homes Grant scheme until March 2022, giving homeowners longer to make the […]
Major new Nottingham Homes housing estate on school field given green light A significant new housing scheme on a former school playing field in Bestwood has been given the green light by planning bosses today. It means the 131-home scheme, brought forward by Nottingham City Homes, can now go ahead. It will be made up of […]
Nottingham property developer to invest £25m in Bramcote housing development A Nottingham property developer is set to invest £25million in a major new housing development, just four miles from its own headquarters in Chilwell. Peter James Homes has submitted phase one plans to Broxtowe Borough Council for the site near the Hemlock Stone in […]
Property prices increased by 2.3% between December and January, amounting to £6,785, Rightmove’s house price index has revealed. There have been 1.3 million buyer enquiries since the election, up 15% compared to the same period a year ago. Meanwhile there has been a 7.4% growth in number of sales agreed year-on-year Jeremy Leaf, north London […]
Landlords regret investing in buy-to-let – Over half (53%) of landlords would not have purchased their properties in the first place had they known how regulated the Private Rented Sector would become, research from property development firm Accumulate Capital has found. Over a third (37%) of property investors plan to sell at least one of […]
Letting Agents anticipate rent increases in 2020 – The majority (84%) of letting agents think rent prices will rise next year, up from two thirds (65%) last year, ARLA Propertymark has predicted. More than three fifths (61%) think demand will continue to increase, but almost seven in 10 (68%) reckon the number of landlords operating in […]