Articles (RSS)
BloglinesArchive for November, 2009
Return of the First-Time Buyer
November 11th, 2009
Winkworth estate agents across the UK have reported a resurgence in demand from first-time buyers. A straw poll of UK Winkworth agents revealed that the average percentage of first-time buyer enquiries fell by 55.8% to 19% in 2008. The percentage of enquiries from first-time buyers has now returned to 32%. We look into the reasons as to why this might be…
Posted in Industry-related News, Property Market Comments, UK Market Comment, UK Press Releases
Will the End of the Stamp Duty Holiday Hamper Recovery?
November 6th, 2009
The Stamp Duty holiday, which means buyers don’t have to pay stamp tax if the property they purchase is under £175,000, will be over at the end of this year. The 1% tax will be levied on properties sold for over £125,000 from the end of the year, compared with £175,000 now. The Government brought [...]
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, UK Press Releases