George Osborne confirms Stamp Duty increase

Thursday 26 November 2015  / Ruth Montia

George Osborne made his autumn announcement yesterday informing the country that an additional 3.0% stamp duty will be placed on second homes and buy to let properties.The details are still being released by the Treasury, but in the Autumn Statement...


Are agents reporting money laundering suspicions?

 / Ruth Montia

Transparency International are an anti-corruption campaign group and have released a report saying British estate agents reported only 179 suspicions of money laundering in a whole year.The report covers many sectors of trading and its states the...


Lower end of the market is suffering due to the Stamp Duty changes

Monday 23 November 2015  / Ruth Montia

It has  been blamed before, but another has spoken out saying that the new stamp duty thresholds are the reason there is  fewer affordable homes be being built.Head of Residential Land Bruce Ritchie, says the profit produced on new-build flats...


Agents believe foreign buyers have lost interest

Thursday 19 November 2015  / Ruth Montia

It has been suggested that foreign buyers have lost interest in owning property in London and are becoming increasingly attracted to property funds.In a report chief executive of London Central Portfolio, Naomi Heaton, says that her recent tour of...


Housing stock has risen 60% since 2005

Thursday 12 November 2015  / Ruth Montia

New data from the Halifax displays Britain's housing stock was worth an estimated £3.3 trillion in 2005, but has now risen to around £5.1 trillion. This rise is estimated at 53% over the last 10 years, even with most of that time being dominated by...