Blog
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Foreign Tax: Be ready for changes
For many years the UK government has talked about increasing the tax for foreign home buyers but it will soon become a reality. From the 1st April 2021 all overseas buyers will need to pay an additional 2% in tax, in addition to paying the stamp duty on a property. It...
Stamp Duty Holiday: Time to Act
One of the most exciting aspects of the year 2020 for property is the stamp duty holiday. If you are a seller or a buyer, now is the time to act to take advantage of this government incentive. In short, the UK government has waived the stamp duty tax for buyers...
Will Universities open in September?
We have compiled a list of the official communication for the universities we cover in London and Manchester for student accommodation. University of London From September, we will provide a blended learning experience that incorporates online learning with access to...
3D Virtual Tours
During these difficult times we know we have to adopt that's why we are now offering 3D virtual tours as standard on all our new listings this Summer 2020, prospective applicants can do their own walk-through of your properties from anywhere, anytime, generating...
Section 21’s
It was announced in the press last month (to the surprise of the industry) that the government plan to abolish section 21 notices; they call them ‘no fault evictions. To you and I, this is the notice that we send to a tenant to vacate the property. The government...
Zero Deposits – The Progress
Continuing from last month’s blog post, there is an alternative to tenants paying a 5 week deposit; The Zero Deposit’s scheme. We have been trialling this scheme for the past few months and are happy with the uptake. Moreover, we have seen that it is an effective...
Brexit Delay Gives Hope to the Sales Market
With the decision on the future of Brexit delayed until the end of October, the industry together with our own sales team have seen a slight glimmer of hope in the dwindling sales market. Over the past month we have seen buyer interest increase and even sales agreed....
Fee Ban Is Here
As you may have read from previous correspondents sent out, the tenant fee ban is now in effect as of the 1st June. This means for all new tenancies on an AST, landlords are now liable for the cost of the inventory check-in and check-outs, and deposits will be capped...
Prime Central London – April 2019 Transaction Update
Transactions are down a staggering 41% on 2014, buying activity is at its lowest level ever recorded and prices are down around 20% from their peak. Buying activity is at the lowest ever recorded. This is a direct result of the unprecedented instigation of successive...
Surge Predicted For Rentals
Investors are poised to pay an extra £36 billion on building rental homes by 2025 to capitalise on the growing demand from renters who can’t get onto the property ladder. It is thought that professional landlords who are already in the sector will opt for period...