New UK legislation requiring overseas entities holding UK property to obtain a certificate of registration from a new central register from August 1st, 2022, has been approved by Parliament. Overseas entities will be able to gain a certificate of registration…
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…
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…
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…
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 attribute the…
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…
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…
The Urban Redevelopment Authority (URA), on 1 April, had released the data on rates of private homes in Singapore. It highlighted that the prices increased by 2.9% in the first quarter of 2021 when compared to Q4 of 2020. Before…
The desire for greener spaces has ignited a significant uptick in home purchases within leafy neighborhoods. Highgate stands out as the top choice, experiencing a remarkable 97% surge in popularity compared to the previous year, as reported by Rightmove. Additionally,…
Analysts predict prevailing patterns in work and shopping to continue, though rumblings of the “death of the office” likely overstated Results of the recent quarterly commercial property survey by the Royal Institution of Chartered Surveyors (RICS) show a shift in…