Shifting stamp duty burden would hurt first-time buyers August 23, 2019 It was an interesting idea – and sounded great for first-time buyers. On Saturday, Sajid Javid appeared to be considering switching the cost of stamp duty land tax (SDLT) from the buyer to the seller in England and Northern Ireland. On Sunday, in a tweet, he made it clear that he did not support the [...]
Property of the week: Celeb-spot in this historic Abbey Road church August 23, 2019 If you are looking for a home with an interesting history, you could do a lot worse than this penthouse apartment in St John’’s Wood. Not only does the flat sit within a converted, grade II-listed baptist church, but it is also located directly across the street from Abbey Road Studios where the Beatles recorded [...]
Here’s where you should buy a home for access to the best London schools August 23, 2019 As the summer holidays draw to a close and parents prepare their children for another academic year, would-be property buyers who have a young family – or are planning to start one – might be prompted to weigh up their options when it comes to local schools. For lots of families this means considering a [...]
UK’s most expensive cities becoming more affordable for homebuyers August 23, 2019 Houses in Britain’s most expensive cities have returned to levels of affordability not seen since 2015, according to new data released this morning. Weak house price growth and rising wages have boosted the chances for those wanting to buy houses in the country’s priciest cities, according to the latest UK Cities House Price Index by [...]
Spaces opens its largest London flexible office centre August 22, 2019 Spaces has opened its largest London co-working centre to date, in the latest sign of a current boom in demand from flexible workspace operators across the capital. Read more: Property developers urge calm as Hong Kong protests continue The office provider is occupying over 80,000 square feet across seven floors in London Victoria. Flexible workspace [...]
How the offices of tomorrow can prepare for climate change August 22, 2019 Until relatively recently, climate change was spoken about as an abstraction. We knew it was a serious problem, but most people put it to the back of their minds. It felt too distant, too remote. We would agree on the need for “action”, nod sagely, then get back to our day jobs. That time has [...]
Yopa names new chairman as it secures £16m funding round August 21, 2019 Online estate agency Yopa has named industry veteran Grenville Turner as its chairman, as it unveiled a new funding round worth £16m. The hybrid agency said it has received the cash injection from existing investors Savills and DMG Ventures, the venture capital arm of the Daily Mail Group. Read more: London house prices rise as [...]
Summer house deals dip amid Brexit uncertainty August 21, 2019 Britain’s property market suffered a sharp fall in the number of transactions made between June and July, as the traditional summer slowdown and growing uncertainty over Brexit dented activity. Figures released by HMRC this morning show a marked reduction in the number of property transactions over the summer months, with a drop of 8.5 per [...]
Dealing with the debt conundrum August 20, 2019 Debt remains a word shrouded with negative connotations. And despite how commonplace it is, people are still strangely reluctant to talk about it openly. In reality, debt should not be seen as a bad thing. It is a vital financial instrument for enabling people to achieve major life goals and lead the lifestyles they want. [...]
Persimmon profit falls as it tries to tackle quality complaints August 20, 2019 Persimmon has reported a drop in profit for the first half of the year as it spent heavily on schemes to aimed to counter complaints over the quality and fire safety of its homes. The figures Britain’s second largest housebuilder reported a 1.4 per cent drop in pre-tax profit, which fell to £509.3m for the [...]