Property news, market analysis and investment intelligence across Asia-Pacific.
Second-home buyers and buy-to-let investors will potentially save thousands of pounds due to the stamp duty holiday. All property buyers benefit from the tax break announced by Chancellor Rishi Sunak in the summer of 2020, which was recently extended and tapered until September 2021. This means that
Agreed sales last month were up 57% compared to April 2019 Many estate agents are now immediately asking prospective buyers for their ‘best and final offer’ to prevent gazumping Experts said the industry is working around the clock and buyers are resorting to extreme measures to secure a home The su
In recent times, the UK property market has witnessed a remarkable surge in buyer demand, driving average house prices to their highest levels since 2007. Let’s delve into the dynamics shaping this unprecedented phenomenon. Rapid Surge in Buyer Demand: Buyer demand across Great Britain has sur
The extension of the temporary tax break has reinvigorated the UK housing market. The Royal Institution of Chartered Surveyors (RICS) recorded a jump in UK homebuyers–the highest since September. Although the latest House Price Index reflected a dip in March, property analysts at
Annual price growth slowed to 5.7% in March compared to 6.9% in February in what analysts partly attribute to the original due date of the stamp duty holiday which since been extended Earlier this year, there were reports that the UK housing market had lost its momentum. In March, it was confirmed b
The ambitious London Resort project, envisioned as a world-class entertainment destination, celebrates a significant achievement as it successfully progresses through the rigorous Planning Inspectorate application process. This milestone marks a pivotal step forward in the realization of a project p
Real estate experts foresee a resurgence in Prime Central London (PCL) properties this year, driven by a surge in residential property demand ahead of impending changes to the Stamp Duty Land Tax (SDLT). The current stamp duty holiday, offering tax savings of up to £15,000, concludes on March 31, co