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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

Chancellor mulls stamp duty holiday

The Chancellor is considering a stamp duty holiday to help boost the housing market, according to government sources quoted in The Times. Rishi Sunak is expected to announce the plans on Wednesday in an economic update, although the measures may not come into force u...

Read    07/07/2020

Sunak set to announce Stamp Duty Holiday in bid to revive housing market

As part of a raft of measures aimed at getting the UK economy back on its feet, Chancellor of the Exchequer, Rishi Sunak, will reportedly reveal plans during his summer statement on Wednesday to increase the Stamp Duty threshold. At present, the threshold is set at £...

Read    07/07/2020

Sunak to announce stamp duty holiday for properties under £500k

Chancellor Rishi Sunak is expected to announce a ‘mini budget’ on Wednesday, in which he will propose a stamp duty holiday, similar to the proposal made by former Chancellor Phillip Hammond in 2017. The move is expected to see the raising of the initial stamp duty th...

Read    07/07/2020

Newly-launched letting platform lets private landlords list on portals

 The platform, which has been developed by Ringley Group and is free to download and use, gives landlords the facility to create their own personalised website on which to advertise their properties and potentially to manage the whole of the letting process them...

Read    07/07/2020

Thousands of tenants face losing home when eviction ban ends

Mary-Anne Bowring, group managing director at Ringley and creator of automated lettings platform, PlanetRent comments: “There’s no doubt that thousands of renters are struggling to pay their rent, through no fault of their own, as they may have seen a cut in their in...

Read    07/07/2020

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