If you have an empty house for any reason, whether you’ve inherited it or you’ve moved into another property and your current one is on the market, then you don’t want to be paying tax on the property, of course. However, this doesn’t mean that you simply avoid paying it, […]
2024 has seen house prices start to rise, the base rate continues to be steady, and a big focus on digital conveyancing. Because of this, Compare My Move has seen a 41% increase in people looking to purchase a house in the first quarter of 2024, compared with the last quarter of 2023. This […]
Investing in property overseas can offer more than just a holiday home or rental income, it can also provide various tax benefits. Understanding these tax benefits is essential for maximising returns and minimising tax liabilities. 1. Tax deductions Owning real estate overseas opens up avenues for various tax deductions that […]
The latest research from quick sale specialists, Open Property Group, has revealed six sure signs that you’re sitting on a problem property and what they could cost you when you come to sell your home, with the worst hitting house prices to the tune of £57,000. Take a look at our […]
Stamp Duty Land Tax (SDLT) is levied on property purchases in England and Northern Ireland, with thresholds determining the amount owed. Properties priced up to £250,000 (or £425,000 for first-time buyers) incur no SDLT, while rates of 5% apply to main residences priced between £250,001 and £925,000, and 8% for […]
The start of 2024 has brought with it a sense of stability in the housing market, with house prices on the rise and an increase in people enquiring about conveyancing solicitors and removal companies. With this stability, we are seeing a huge increase in people looking for house surveys. Compare […]
A number of recent surveys have suggested that more confidence is returning to the market as mortgage rates continue to fall. In January, for example, The Mortgage Lender published research showing that 52 per cent of residential buy-to-let landlords had expanded their property portfolios over the last 12 months, adding […]
By Sarah Thompson, Managing Director, Mortgage Scout Compared with a decade ago, today’s first-time buyers are older, more likely to buy with a partner and more likely to have dependent children. This highlights how getting on the property ladder is becoming increasingly hard for younger borrowers. However, lenders are always […]
eXp UK, the platform for both personal estate agents and existing estate agency businesses, has revealed which UK housing markets are currently bucking the trend of cooling house prices growth, as well as which areas are the ones to watch in 2024. eXp UK analysed the latest sold price data […]
Towards the end of December, The Mortgage Lender (part of Shawbrook Bank) published the results of its survey of UK property investors. It found that 74% of residential buy-to-let landlords “feel confident about the performance of the property market over the next 12 months.” The research identified higher levels of […]
