So, we are just over two weeks into the lockdown and things are settling down into a โnew normalโ as we get used to our new work environments, our daily exercise routine and essential shopping. There is no doubt our thoughts start to turn to when will things get back to life as we knew it before COVID19 and the one question I am getting asked a lot now is โWhat will be the effect of Covid-19 on the Southampton property market?โ
Read MoreThe last few weeks, unquestionably, have been one of the most life-changing times we have seen since WW2. The threat of the Coronavirus has taken over the world, the UK and Southampton and will challenge you, our families and our relationships.
Read MoreIf you are buying a home in England costing more than ยฃ125,000, you will have to pay Stamp Duty Land Tax on the purchase of your new home. In the provinces, itโs called something slightly different, so if you are buying a property in Scotland over ยฃ145,000 you will pay Land and Buildings Transaction Tax (LBTT) and for any property over ยฃ180,000 in Wales you will pay Land Transaction Tax (LTT). Whatever the tax is called, it is an important factor when moving, when you consider that; Last year the average UK house buyer paid ยฃ10,150 in Stamp Duty Tax alone
Read MoreEven though the new legislation was placed on hold because of the recent General Election, it is expected the Government will start fining around half of all UK local authorities for failing to build enough new homes as Westminster starts to force local authorities to build more homes with the new laws.
Read MoreYou wouldnโt set off on a road trip without a map. So why start the next stage of your lifeโs journey without the homebuyerโs equivalent? Letโs talk floorplans.
Read MoreThe Halifax announced in early January that there was a Boris Bounce in the national property market as they stated national property values soared 1.7% in December 2019 - the biggest rise since the 1.9% month on month rise in February 2007 (a few months before the Global Financial Crisis aka the Credit Crunch). Get the flags out - all hail Boris as the Conservatives gain their landslide general election triumph - the Boris Bounce is here โฆ or is it?
Read MoreThe home buying process is a long and arduous task at the best of times and perhaps the most complex part is the legal aspect. All the various searches, looking for Chancel Liability or areas of flood risk to discussions on flying freeholds and other complicated legal jargon are enough to give you sleepless nights. Luckily there is an area of the legal profession which specifically deals with these aspects for you: Conveyancing. In this article we will cover some of the main duties that a conveyancer will carry out for you and explain some of the terminology for you.
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