Monthly Archives: June 2010

Half way through the year already!

I can’t believe we are half way through the year already, and what a first half its been ! Confidence has improved and the volume of sales are up. HIPs have been scrapped and last weeks emergency budget hasn’t frightened … Continue reading

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CAPITAL GAINS TAX – BEGINNING TO LEVEL THE PLAYING FIELD BETWEEN INDIVIDUAL AND CORPORATE INVESTORS

Yolande Barnes, head of residential research at property adviser, Savills, comments on the changes to CGT announced in today’s Budget: The limiting of the CGT rate to 28% for upper rate taxpayers is a welcome deviation from the feared 40% … Continue reading

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Osborne budget should instill confidence, says Connells.

The emergency budget delivered by George Osborne on 22 June should instill confidence in the economy and boost the housing market in the future, says local estate agency Connells in Stevenage. Branch partner for Connells, Gary Young, believes the Chancellor’s … Continue reading

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World Cup fever has gripped the nation but it certainly hasn’t slowed the housing market.

With the election behind us, a higher stamp duty threshold for first-time buyers and the suspension of Home Information Packs (HIPs) as of 21 May, we are seeing increased activity. Speculative sellers are entering the market and at Connells, we … Continue reading

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Activity in the housing market during April 2010

As of May 2010: Hamptons International, one of the UK’s premier residential estate agencies, has announced a significant rise in new housing stock coming on to the market in recent weeks.  This increase in supply is already removing inflationary pressure … Continue reading

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The property market is on the move

It’s not every day you see a picture of a fantastic chicken in the property part of the newspaper. His name is Dave and is sadly missed. He was a personalised gift for one of our lovely vendors who recently … Continue reading

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Change of powers cause confusion

The Housing Minister, Grant Shapps has just announced that the Government has no plans to regulate letting agents or proceed with a landlords register, both policies were recommended in the Rugg Review 18 months ago under the Labour party. This … Continue reading

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