Demand for northern cities and rural homes mean three months of price growth are ahead – but the price falls will only be delayed An unexpected surge in buyer demand will maintain house price growth for three months, delaying the coming falls until the autumn. ...
Read moreFrom April, CGT relief for landlords who once lived in their properties has halved. Many who lost sales to lockdown now face hefty bills. HM Revenue & Customs has abandoned homeowners who have been stuck in a capital gains tax trap due to coronavirus lockdown....
Read moreThe Spring housing market showed signs of improved consumer sentiment, however, as we all know this was dampened by Covid-19 forcing the UK to go into lockdown. On 10th May the government announced its conditional plan to ease lockdown and from Wednesday 13th May the...
Read moreHomeowners who turned to banks for help in their hour of need could face much higher interest rates in future or even be denied loans altogether. Banks have been accused of moving the goalposts after it emerged that they could reject applications from people who asked...
Read moreThe number of over 65s still working is already at a record high and will continue rising in coming years Millions of workers approaching retirement could be forced to delay their plans as a result of the financial troubles caused by coronavirus. Pension savers have...
Read moreAs more and more outlets go cashless, concern is growing about the individuals and small firms who rely on notes and coins every day. The FCA’s own recent Sector Views highlighted access to cash one of its concerns for the year ahead. In this article, FCA guest...
Read moreDuring the 2008 financial crisis, property fell in value by 20% in just 16 months. Repossessions soared, and it was only in May 2014 that the average house price recovered to pre-credit crunch levels. In some areas of Britain, they have still not recovered. The big...
Read moreThe Guild of Property Professionals and sister company Fine & Country have sent a letter to the Government stating why estate and lettings agents should be one of the first industries to return to work once deemed safe to do so. The letter has also been made...
Read moreBillions of pounds have been promised to all kinds of workers, from self-employed plumbers to marketing professionals. However, one group has been left behind. Private landlords do not fall into any of the rescue packages launched by the Government. They do not have...
Read moreOn the day of the 2020 Spring Budget, the Bank of England announced it was cutting interest rates to 0. 25% in a bid to curb the economic disruption caused by COVID-19. Hours after this decision was made, the Chancellor announced a series of reforms to bolster public...
Read moreThe rental market has ground to a halt, rents are falling and existing tenants are struggling to pay. Landlords will suffer the effects of lockdown long after coronavirus restrictions are lifted as tenants fail to pay, viewings grind to a halt, vacancies rise and new...
Read moreLondon’s job market underwrites the value of homes in its suburbs. What happens if we no longer need to go to work as often? What will life be like after the coronavirus lockdown? One relatively straightforward prediction is that working from home will be here...
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