UK Flat Owners Cannot Sell Their Property Due to New Regulations
In 2017 there was a fire in Grenfell Tower and this event caused the death of 72 individuals. The fire broke out because flammable materials were part of the building’s construction. To prevent this tragedy from happening again the authorities [...]
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Houses Are Sold Faster After the COVID-19 Lockdown
Usually, around this time of year, a three-bedroom home is sold for 24 days. The property portal Zoopla reports that this mid-August pattern has changed this year. The same property is now sold 12 days faster, as the research suggests. [...]
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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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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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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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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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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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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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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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Britain’s Housing Market Wakes up After Lockdown
The housing market in the UK is experiencing a small post-lockdown flourishing. The new rise in prices and sales will certainly help the economy recover. However, the question remains how significant will this recovery be and how long will the [...]
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