Q & A: Stamp Duty
Property expert Nicholas Leeming of propertyfinder.com answers your questions on stamp duty:
May 08, 2008
April 09, 2008
The rental market is increasing
Nicholas Leeming, major client director of propertyfinder.com, commented on the CML buy-to-let figures and the escalating demand for private rented homes:
With the legislation about to be extended to new build properties, how have HIPs already affected the housing market?
Nicholas Leeming, major client director of propertyfinder.com:
Where HIPs are concerned, the only thing the government has been consistent on is indecision. The main impact on the market has been from dithering over implementation, rather than the actual legislation. Now that HIPs are compulsory for almost all properties, they are just an expensive, unavoidable inconvenience – much like death and taxes.
April 07, 2008
London Property News
The London property market is more resilient than most other parts of the country. Despite hype about the reliance of London on financial services, the city has a strong and diverse labour market which shows little sign of faltering.
Nicholas Leeming, major client director of propertyfinder.com comments:
April 01, 2008
How should you make an offer for a property?
Deciding on what and how to bid for a property is one of the most challenging parts of the house buying process. There is no set formula and this is a straightforward commercial negotiation, made all the more difficult because the individuals involved may have widely differing standards and business experience.
Property expert Nick Lemming gives his advice..
Continue reading "How should you make an offer for a property?" »
March 18, 2008
Stamp Duty bills soar far above home buyers' expectations
The stamp duty paid on a home in the UK has reached an average of £4,950 this tax year, according to the latest research by propertyfinder.com, based on predictions using HMRC data.
This is up from £3,828 last year and just £709 ten years ago (a ten year increase of nearly 600%). During the tax year 2007/2008, the HMRC will have collected a total of £6,863m from home buyers.
Continue reading "Stamp Duty bills soar far above home buyers' expectations" »
February 21, 2008
Q&A: How long should the completion process take? Who dictates the terms?
The completion date is agreed between the vendor and purchaser and forms part of the contract for sale. Completion usually takes place 1 month after exchange of contracts, but this may vary depending on the circumstances of the parties and whether there is a chain involved. Your solicitor will advise on the issues that you should take into account before fixing a completion date.
Q&A: How can you negotiate with vendors?
Most agents set a guide price slightly above of the figure that they expect to achieve for a property, but the precise level which a vendor will accept depends on a number of matters, the most important of which will be the number of competing bidders and the overall market conditions.
Continue reading "Q&A: How can you negotiate with vendors?" »
Q&A: I've found the perfect home, what’s the next step?
You might think that having an offer accepted on the right house means that the most challenging task is now over. The reality is different and you now need to make sure that, among other things, you can complete the funding and legal processes that any such purchase involves. As a guide to the next steps you should:
Continue reading "Q&A: I've found the perfect home, what’s the next step?" »
February 20, 2008
"Abolish HIPS" say Estate Agents
As the government announced the roll out of HIPs on all homes by December 14th, propertyfinder.com’s survey of 842 estate agents reveals just what a shambles the legislation has been so far. HIPs, which are already compulsory in the home selling process for homes with three or more bedrooms, will be introduced on all homes from mid December.
Property Blogs
- News & Views
- Out There
- CEO Corner
- Agent Update
Links
Subscribe To This Blog
Blog search
Recent Posts
- Q & A: Stamp Duty
- The rental market is increasing
- With the legislation about to be extended to new build properties, how have HIPs already affected the housing market?
- London Property News
- How should you make an offer for a property?
- Stamp Duty bills soar far above home buyers' expectations
- Q&A: How long should the completion process take? Who dictates the terms?
- Q&A: How can you negotiate with vendors?
- Q&A: I've found the perfect home, what’s the next step?
- "Abolish HIPS" say Estate Agents
Categories
- Buying Advice
- Competition
- Consumer Housing Confidence Index
- DIY and renovations
- Events
- Finance, Mortgages & Tax
- For sale
- Home Information Packs (HIPs)
- Interviews
- Marketing
- Newsletter
- Property News
- Q&A: Agents answer your questions
- Rental Property News
- Research
- Site feedback
- Surveys
- Television
- UK Internet Industry
- Useful Info