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David Hannah, founder and principal consultant, Cornerstone Tax One in six property buyers in the UK could be overpaying on stamp duty land tax (SDLT). Cornerstone Tax, which specialises in helping people claim SDLT refunds from HMRC, knows that the number of people who realise an overpayment is much lower. In the current environment, this […]
The post Stamp duty: The UK’s long ignored tax scandal appeared first on PropertyWire.
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Leeds Building Society and Countrywide are looking to complete outstanding valuations on mortgage applications as physical property inspections in England resume. The society was able to progress valuations in almost three-quarters of mortgage applications, despite the pandemic lockdown’s impact on the property market. Leeds began booking appointments for physical valuations on the remainder of cases […]
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There’s been a 50% increase in enquiries for pet friendly properties as a result of the pandemic, proptech rental service Home Made has found. As a result, it may be profitable for landlords to make their properties available to those with pets, despite the wear and tear that can cause. Asaf Navot, founder of Home […]
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Virgin Money and Clydesdale Bank will launch a wider product range next week, which will include residential mortgages up to 90% LTV and buy-to-lets to 80% LTV. The limits on loan sizes will also be removed, as the lender will once again offer large loans, shared ownership, professional and new build products. Physical valuations will […]
The post Virgin and Clydesdale to relaunch products next week appeared first on PropertyWire.
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SDL Auctions is hosting another virtual event next Thursday 28th. City flats, coastal retreats and rural family homes all over the country, from Scotland down to Cornwall, are among the lots going under the hammer alongside commercial properties and land. It will be the second national property auction for the company, and follows April’s auction, […]
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UK homeowners and renters are planning to spend an average of £1,179 on home improvements once restrictions are lifted, research from online trade directory Checkatrade found. Over half (53%) of people have noticed more things wrong with their home while in lockdown than ever before. Common causes for improvement include a general desire for new […]
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While house prices may dip the market is unlikely to see a significant decline due to the pandemic, Nicky Stevenson, head of associates at Fine & Country, has predicted. However, she still expects transactions to fall by 25% between 2019 and 2020. Stevenson said: “It is possible that there could still be a short-term dip […]
The post Fine & Country: The market won’t see a major decline appeared first on PropertyWire.
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Landlord rental collection has fallen by 50% in Liverpool due to COVID-19, the biggest fall across major English cities. Cambridge is the most resilient location, with rent collection falling by just 7%, compared to a UK average of 30%. Rent collection also declined by 40% in London and Milton Keynes, The research, called the COVID-19 […]
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Real estate developer and investor Scarborough International Properties has applied for phase three of the Middlewood Locks development, with planning consent for 189 new homes in Manchester. The residential and commercial neighbourhood is at the western gateway to Manchester’s Central Business District. Middlewood Locks is a joint venture between Scarborough, Hualing Group, based in Urumqui, […]
The post Planning application for Manchester development submitted appeared first on PropertyWire.
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Kent Reliance for Intermediaries, Precise Mortgages and InterBay Commercial – the three OneSavingsBank brands – have increased loan-to-values to 75%. This applies to products such as HMOs (up to 6 beds) and MUFBs for remortgages and for limited companies. Alan Cleary, managing director, OneSavings Bank said: “Whilst it’s been an odd and unsettling time, I’ve […]
The post Lenders increase buy-to-let LTVs to 75% appeared first on PropertyWire.
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