Property investing

Waitrose

According to the latest figures from Lloyds Bank, the value of your property can command an extra £22,000 on average if you live near a well-known supermarket chain. Lloyds found out that owning a home based by a premium branded supermarket will increase the value of your home further.  In fact, living within close proximity to a Waitrose store can boost the value of your property […]

Residential property transactions boomed in March 2016 with a staggering increase of 70% compared to the same month last year, according to HMRC. A huge influx of investment in buy-to-let properties and second homes ahead of the 1st April 2016,  was caused by the Government’s new 3% surcharge on the Stamp Duty Tax. There were also concerns of the anticipated Bank of […]

Stamp Duty reform fuels Housing Demand

The three per cent stamp duty surcharge caused a surge in investors looking to purchase their second homes. The impending stamp duty reforms brought about a stark increase in landlords purchasing new properties before April.  In the latest NAEA survey, 85% of their members declared an increase in the number of people putting serious consideration into purchasing a second home, up from 72% […]

Rents reach fastest monthly increase

Rents continue to rise across the country as average residential rates surpassed £800 for the first time in July.  This happened in conjunction with the fastest monthly rise in rents since records started six years ago. The increasingly lopsided supply-demand in the rental market is causing the average rental prices to soar.  The average rent increased across England and Wales was […]

Housing Market Too Demanding

Any homeowners looking to sell their property before Christmas will be glad to hear there is a stark increase in the number of actively searching potential property buyers. The National Association of Estate Agents (NAEA) September housing market report has declared the number of house hunters has risen to a ten-year high. The housing market report recorded the highest number […]