Category Archives: Buying

Sharp rise in homeowner equity set to tip supply scales

First time buyers in London, undeterred by property prices rises have reached a new annual high with registrations up 55.3% annually according to new research from haart.

Latest mortgage data shows first time buyers now make up 46.4% of all mortgages written helping to buoy the national property market with a 21.3% increase in property sales. Continue reading

Estate Agent outlines radical Stamp Duty ‘credit’ proposal

Ahead of this week’s Budget, the UK’s largest independent estate agent haart has outlined a new proposal to change the way stamp duty is charged which is fairer to the consumer and will help to get the current log jam of housing supply unblocked.

Under the radical proposal, each seller will be able to deduct the value of stamp duty paid by their buyer from the stamp duty they pay on their next home. Continue reading

Stamp Duty jumps cost sellers over £250m

Stamp duty “dead-zones” have wiped over £260 million off the value of residential properties sold in the England and Wales since April 2012 at an average cost of almost £7,000 to each seller, according to property website Zoopla.co.uk.

Since April 2012, when the last changes were made to the levels of stamp duty charged on the purchase of a residential property, over 37,000 properties have been under-priced in order to avoid costly jumps in stamp duty and make them more attractive to buyers. Continue reading

Brighton provides the best odds for finding love

Brighton has been revealed as the place in England with the best odds of finding a soul mate this Valentine’s Day, according to research by property website Zoopla.co.uk.

Zoopla.co.uk examined data from across the country to find the areas with the highest proportion of single adults and the largest number of property enquiries for studios and one-bedroom flats, typically sought after by singletons. Continue reading

Revealed: The least romantic place in Britain

It may have one of the highest birthrates in the country but Slough has been voted the least romantic location in Britain according to this story that first appeared in Metro.

The Thames Valley town, famous for its vast industrial estates and the ‘Slough (sewage) stench’, has replaced Scunthorpe at the top of the ‘undesirables’ list. Continue reading