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Portsmouth Property Market: Is it Time to Stamp Out Stamp Duty?
Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak (quickly followed suit by the Welsh and Scottish Governments), announced last July that Stamp Duty was partially being suspended on all English property transactions up to £500,000 […]
14,350 Portsmouth Homeowners to be ‘Unchained’ From Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decades
When William the Conqueror invaded our fair shores in 1066, like all good kings, he needed to buy loyalty and raise cash to build his castles and armies. He did this by feudal law system and granted all the faithful nobles and aristocrats with land. In return, the nobles and aristocrats would give the King […]
44,855 Bristol Homeowners to be ‘Unchained’ from Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decades
When William the Conqueror invaded our fair shores in 1066, like all good kings, he needed to buy loyalty and raise cash to build his castles and armies. He did this by feudal law system and granted all the faithful nobles and aristocrats with land. In return, the nobles and aristocrats would give the King […]
As Unemployment Hits 7% in Portsmouth, What Effect Will This Have on the Portsmouth Property Market in 2021?
12 months ago, the unemployment rate in Portsmouth stood at 2.9% of the working population, yet with Coronavirus hitting the UK, what impact will this rise in unemployment have on the Portsmouth property market? As I have discussed a number of times in my articles on the Portsmouth property market, this summer saw the Portsmouth […]
The 27,691 ‘Trapped Landlords’ of Bristol
Going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being briefed as late […]
How to sell your home faster in Bristol
Not even a pandemic can put people off moving home in Bristol and we have certainly seen an increase in buyers over the last couple of months. One thing that’s for sure is that the buyers we’re seeing at NEXA are serious – they have done their homework and they have a clear idea about […]
What’s happening with the buy-to-let market in Portsmouth?
What’s happening with the buy-to-let market in Portsmouth? …. and should Portsmouth landlords & Portsmouth homeowners be worried? In 2019, the private rented sector accounted for just over four and a half million households or 19.9% of UK households, no change from the year before. Interesting, when compared to the proportion of private rented […]
Is This a Good Time to Buy Your First Home in Bristol?
Should you wait to buy your first home in Bristol or buy now? What sort of mortgages are available? What sort of deposit is required? These are questions all Bristol buyers are asking at the moment, yet this week I would like to focus on Bristol first time buyers and what it means directly and […]
Is This a Good Time to Buy Your First Home in Portsmouth?
Should you wait to buy your first home in Portsmouth or buy now? What sort of mortgages are available? What sort of deposit is required? These are questions all Portsmouth buyers are asking at the moment, yet this week I would like to focus on Portsmouth first time buyers and what it means directly and […]