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Property industry celebrates stamp duty holiday

Chancellor Rishi Sunak’s hotly anticipated mini budget is an admission that the property industry is our best buffer from the economic blows dealt by COVID 19. Among the many measures he unveiled – including a £10 voucher tempt people to eat out again – the abolition...

Read    17/07/2020

BTL landlords will benefit from £2bn home insulation scheme

The new £2bn grant scheme in England for projects such as insulation, unveiled yesterday by the chancellor Rishi Sunak as part of a wider £3bn plan to cut emissions, initially did not appear to include homes in the private rented sector. Hundreds of thousands of home...

Read    17/07/2020

Stamp duty holiday: These UK buyers to feel 'greatest benefit' if threshold changes

Rishi Sunak will deliver an economy and investment statement today, during which he will give an update on how he plans to steer the economy through the coronavirus crisis. According to reports, the Chancellor may announce a stamp duty 'holiday' for home buyers. Mr S...

Read    17/07/2020

Stamp duty hand-out to give housing market a boost

Landlords might not feel like winners after the Chancellor’s mini-budget, but it could lead to them finding investment opportunities Chancellor Rishi Sunak is expected to introduce an immediate reduction in stamp duty in his mini-Budget on Wednesday, and although buy...

Read    17/07/2020

Mortgage enquiries skyrocket in June – what could this mean for the state's announcement?

Mortgage action could become prevalent in the coming weeks as pent-up demand is potentially unleashed as the economy reopens. Today, Halifax released their monthly “house price index” which revealed some interesting findings. This index, according to Halifax, is the ...

Read    17/07/2020

Stamp duty threshold to be raised

Chancellor Rishi Sunak is expected to announce a temporary increase to the stamp duty threshold after news on the subject was leaked to the press. Currently stamp duty is charged at a rate of 2% between $125,000 and £250,000, as well as 5% between £250,000 and £925,0...

Read    17/07/2020

House prices fall for fourth month in a row, according to Halifax price index

The figures for the second quarter of 2020 showed the average asking price was £237,616, representing a fall of 0.1% on May and a quarterly change of -0.9%. However prices were up 2.5% in June compared with the same period in 2019.Activity levels bounced back strongl...

Read    17/07/2020

Landlords offered ‘pay as you go’ access to major property portals without need for agent

A lettings platform is claiming to the latest and only the second ever to offer landlords the ability to advertise their properties on Zoopla and Rightmove directly without the need for a letting agency. The first was OpenRent, but now PlanetRent has joined the fray ...

Read    07/07/2020

New platform PlanetRent enables landlords to market their property directly on Zoopla and Rightmove

Previously landlords would face cost-prohibitive barriers to getting their properties on Zoopla and Rightmove – two of the UK’s biggest property portals. By using PlanetRent, which has been created by residential property experts Ringley Group, private landlords can ...

Read    07/07/2020

New platform allows BTL landlords to market property directly online

The platform, which is free to download and use, also allows landlords to create their own personalised website to advertise their properties on, with real-time reporting and updates on when offers are made.For landlords who use letting agents, PlanetRent works on th...

Read    07/07/2020

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