Landlords should take advantage of the stamp duty holiday by incorporating their existing portfolio into a limited company, property tax specialists at accountancy firm MJ Bushell have urged. The temporary increase to the stamp duty threshold from £125,000 to £500,000 means landlords can make a significant saving when incorporating, when they’d typically need to stump […]
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There’s been a 15% rise in mortgage enquiries from first time buyers who are looking to move to seaside towns post-lockdown, data from online broker Mojo Mortgages has found. Based on the broker’s analysis of Instagram hashtags, Brighton is the most popular location to live in, followed by Plymouth and Bournemouth. After that comes Portsmouth, […]
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Rob Perks, CEO of business development service Inspire Biz There is a lot of discussion around how we as a society will exit lockdown. Shutting down was painful but relatively easy compared to getting fired back up again. Businesses have had to navigate a new normal during the lockdown, with many having no option but […]
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Annual house price growth recovered to 1.5% in July according to the latest House Price Index by Nationwide. Prices were up 1.7% month-on-month which reverses the fall seen in June. House prices in July were 1.6% lower than in April. Robert Gardner, chief economist at Nationwide, said: “The bounce back in prices reflects the unexpectedly […]
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A property site where residents review developments is looking to become ‘TripAdvisor for property’ after making inroads into the UK market. Since launching in February 2019 HomeViews has listed hundreds of developments in London, as well as others in cities like Birmingham, Bristol and Manchester. In all, it currently covers nine UK cities. The website […]
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There was strong activity in terms of prospective tenants and housing supply in June, ARLA Propertymark’s June Private Rented Sector report has found. The number of properties managed per branch reached an all-time high last month, with an average of 200 properties managed per letting agent branch. However, this still represented a slight fall from […]
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Build to Rent (BTR) specialist Wise Living has taken ownership of 40 new-build apartments in Telford as part of its partnership with Lovell Partnerships. The 40 new build one and two-bedroom apartments will form part of Lovell’s Principal Point development in Telford, where Lovell is delivering 165 homes. Robert Simonds, business development director at Wise […]
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The number of prospective tenants continued to rise in June along with the average branch registering 79 new tenants per branch compared to 70 on average in May. Year-on-year, this figure is the highest recorded for the month of June, according to the latest Private Rented Sector report by ARLA Propertymark. Despite the average branch […]
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London-based buy-to-let landlords are increasingly heading to the North West in search of better returns, research from Hamptons International has found. A third (34%) of London-based investors buying new property in the past year bought in the Midlands and North, up from just 14% in 2015 and 4% in 2010. Some 41% of London-based investors […]
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Fine & Country has signed nine licenses in London, growing its reach within the capital. Six of the licenses are new companies joining the brand for the first time, with the other three existing licensees that have taken on additional territories. The new offices are in areas including Belgravia, Islington, St Johns Wood, Golders Green and Holland Park. Fine & Country Richmond has expanded […]
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