Local market activity and prices still going strong.

31.07.2021

We thought that after the main stamp duty holiday ended on June 30th, we might be in a for a little lull before the market picked up again. Sometimes as well our activity can drop off a bit during school holidays. But the market has just continued with the same strength. Last Saturday for example …

Last minute stamp duty success !

04.07.2021

The main stamp duty holiday duly ended on June 30th. That was the last day for a sale to complete and qualify for a temporary raised nil rate band of £500,000 before stamp duty land tax (SDLT) kicked in. Effectively anyone buying a property £500,000 or over saved £15,000 in stamp duty. This meant a …

Last Chance Saloon for the June 30th Deadline

26.06.2021

June 30th approaches imminently and we still have a number of sales trying to complete on or before Wednesday. If the buyers can get their purchase over the line on Monday, Tuesday or Wednesday this week they will save up to £15,000 on their stamp duty. If they complete from Thursday July 1st until September …

The market is roaring ahead !

07.05.2021

The market in Ham, Petersham and North Kingston is roaring along buoyed not just by the stamp duty holiday, but by growing confidence that the economy is going to be OK as the vaccination programme rolls out. We are getting big numbers of viewings on any house coming onto the market and typically getting competing …

STAMP DUTY HOLIDAY CARRIES ON!

05.03.2021

The Chancellor announced in the Budget on March 3rd that the stamp duty holiday will now be extended. So any sale which manages to complete on or before June 30th 2021 will be excused paying the stamp duty due up to a purchase price of £500,000. In effect anyone buying a property at £500,000 or …

Heading for the last chance saloon on stamp duty!

27.01.2021

Over the last few days we’ve gone a bit crazy again with offers on houses where the potential buyers think they might just about get it over the line before the stamp duty holiday is scheduled to close on March 31st. We say ‘scheduled’ because there’s been rumours the stamp duty holiday might get extended …

HOUSING MARKET REMAINS OPEN IN LOCKDOWN 3

06.01.2021

Although tougher restrictions have been introduced, the Government are allowing estate agents to work in their offices, to visit homes for valuations and appraisals and to carry out viewings. Our office isn’t allowed to be just open to the public but you can visit us by appointment. When we show properties for sale, we restrict …

Housing Market carries on in Tier 4 !

21.12.2020

Despite all the new suddenly announced restrictions, the Housing Minister has confirmed to us that the ‘housing market remains open.’  We are still able to carry out physical viewings and visit properties to carry out valuations. People can still move house but with the new advice they should not be helped by people from other households.  And …

The ‘Miniboom’ continues !

01.09.2020

Despite lots of pessimism about the prospects for the housing market, the temporary abolition of stamp duty on property purchases up to £500,000 lit the blue touch paper on a  ‘miniboom’. There was a lot of pent up demand anyway, which has returned, but now combined with new buyers who realized during lock down they …

STAMP DUTY HOLIDAY TO HELP THE MARKET

09.07.2020

Despite lots of negative media coverage as to how the housing market might react, we have been unbelievably busy since we were allowed to resume business. There was a lot of pent up demand anyway, which has returned, but now combined with new buyers who realized during lock down they need a property with more …