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This report is to help give everyone – industry and consumers – a quick five minute guide to what’s happening in the property market, according to the property indices, along with property expert Kate Faulkner’s comments. Read more to find out which cities and towns are performing well or struggling; how to use the town/city data when buying or selling or assessing your own property market as a professional; why demand and supply can be very different for a sale and for a purchase within a local area and much more.
Interest has been rising with regards to Capital Gains Tax in the last few years for landlords. There have been persistent rumours about a possible increase in the rate of Capital Gains Tax but nothing as yet coming to fruition. This blog covers a second report that has been produced by the Office of Tax Simplification which has made some recommendations on possible changes to the tax system and how some of the recommendations could affect landlords. Read more here.
This report is to help give everyone – industry and consumers – a quick five minute guide to what’s happening in the property market, according to the property indices, along with property expert Kate Faulkner’s comments. Find out how your town or city is performing year on year versus long term growth; what’s the risk to property prices in your area if they fall and how long will it take for prices to recover?
The current reports of house prices rising rapidly is translating into media stories suggesting that affordability is worsening and it’s impossible for first time buyers to get on the ladder. This kind of rhetoric isn’t helpful, it scares people and for some will mean they will just give up and carry on living at home or renting, not bothering to save for a deposit or looking into government schemes that can help them on the ladder, such as Help to Buy, Shared Ownership and the newly launched First Homes. Read more here.
Japanese Knotweed is one of many invasive plants that could affect the purchase or sale of a property, but also if you don't know to look out for it, could cause homeowners a lot of damage as it is an extremely powerful plant. Read more about Japanese Knotweed here.