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Confirmed: Stamp Duty Holiday Extended!
As expected, Chancellor Rishi Sunak has confirmed in his Spring Budget today that there will be an extension to the Stamp Duty Land Tax (SDLT) holiday. Promising to, “do whatever it takes” to get the economy moving again and support the nation, the Chancellor has...
NEW ELECTRICAL SAFETY STANDARDS: WHAT YOU NEED TO KNOW
On 1st June 2020 major changes to the electrical safety standards came into force for the private rented sector in England to apply from 1st July 2020 for all new residential tenancies and from 1st April 2021 for all existing tenancies. The regulations require...
The UK has left the EU- Now what…?
The agreement on a Brexit trade deal between the UK and EU brings a long period of uncertainty to a very welcome end! How will this impact the property market and what does it mean for your property? The UK will continue to have a close relationship with the European...
Lockdown and the Property Market: What You Need to Know
With the UK once again in national lockdown, there are a few things to keep in mind if you are renting, selling or buying property. First and foremost, the property market is open! In fact, with the stamp duty holiday ending on the 31st March and the foreign buyers...
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...