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Blog – August 2020

26Aug New Extension on the Eviction Ban for England and Wales

New Extension on the Eviction Ban for England and Wales

The government announced a new eviction ban extension of four weeks, until 20 September. This measure is in place to help people financially during the COVID-19 pandemic. The first eviction band was introduced in March and it was intended to [...]

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20Aug The Real Estate Summer Lull is Replaced by a Surge in Sales

The Real Estate Summer Lull is Replaced by a Surge in Sales

This year the UK housing market saw its busiest month in the past 10 years. Usually, around this time, real estate sales are the lowest for the entire year. However, the global pandemic and built up energy during lock-down created [...]

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17Aug What Does The Stamp Duty Cut Mean For Landlords?

What Does The Stamp Duty Cut Mean For Landlords?

The buy to let sector has seen a tremendous amount of change over the past few years in order to help rebalance the property market, with key pieces of legislation such as the Tenant Fees Act and the recent Electrical [...]

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14Aug Demand For Overseas Properties Surges

Demand For Overseas Properties Surges

With Governments around the world relaxing travel restrictions and allowing wider tourism, searches for overseas properties have surged. It seems that the lure of better climates and new cultures are particularly appealing with Rightmove reporting record levels of searches on [...]

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11Aug Why are First Time Buyers Opting for Longer Mortgage Terms?

Why are First Time Buyers Opting for Longer Mortgage Terms?

The latest figures from the UK show that nearly half of new property owners choose mortgage terms that last 30 years. According to the English Housing Survey, 727,000 houses were sold last year. Among these buyers, 45% of first-time property [...]

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6Aug What Is The Green Energy Grant And How To Claim It

What Is The Green Energy Grant And How To Claim It

As part of Chancellor Rishi Sunak’s summer statement, green energy grants up to a possible £10,000 will be available from September in order to pay for green home improvements such as a new boiler, loft insulation or double glazing. For [...]

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5Aug New Law Would Allow Homeowners to Build 2 New Floors in their Homes.

New Law Would Allow Homeowners to Build 2 New Floors in their Homes.

This September it is predicted that parliament will pass a new law allowing homeowners to construct 2 additional floors in their homes. The new law aims to give homeowners a fast track system for getting approval to extend their living [...]

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From the blog

7Aug High demand forces rental prices to increase

High demand forces rental prices to increase

Low supply and soaring demand fuel high prices for both the sales market and the private rental sector – a truth that makes itself felt by landlords and tenants.   NAEA Propertymark – a membership body for estate agents – has recently shared data collected by its members to provide a snapshot of the current […]

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