With most Portsmouth families home schooling their children in lockdown and the forthcoming Stamp Duty Holiday deadline on the 31st March 2021, less Portsmouth properties have been coming onto the Portsmouth property market since the new year. This has prompted a 18% drop in the supply of Portsmouth homes for sale compared to September 2020. For the […]
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 […]
Christmas Eve brought the news that Boris Johnson had conclusively agreed on a Brexit deal for the UK with the European Union. This gave optimism that the economic turmoil of leaving the EU would be radically reduced, yet what will this ‘trade deal’ do to the value of your Portsmouth home and the mortgage payments you […]
Welcome to December’s Market Report, where we cover the following topics. To read the full report, please visit; CLICK HERE FOR THE RESIDENTIAL MARKET REPORT WHAT WILL HAPPEN TO THE PORTSMOUTH PROPERTY MARKET IN 2021? AS UNEMPLOYMENT HITS 7% IN PORTSMOUTH, WHAT EFFECT WILL THIS HAVE ON THE PORTSMOUTH PROPERTY MARKET IN 2021?
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 […]
In the last few months, the Portsmouth (and UK) property market has resisted and flouted every economist’s prediction. With the economy a shadow of its former self, unemployment set to hit 11.9%, the Government on track to borrow nearly half a trillion pounds to pay for Coronavirus support packages etc., all of this has had […]
Welcome to November’s market report, where we cover the following topics. To read the full report, please visit; CLICK HERE FOR THE RESIDENTIAL MARKET REPORT THE 20202 REVIEW OF THE PORTSMOUTH PROPERTY MARKET ARE PORTSMOUTH FIRST-TIME BUYERS BEING LOCKED OUT OF THE PROPERTY MARKET? HOW CAN LANDLORDS ESCAPE THE WORST OF THE CORNAVIRUS DOWNTURN ON […]
The 1st July 1948 heralded a new dawn in how property was built, as the Town & Country Planning Act 1947 came into force, meaning no property could be built without the say so of the local authority. Now, Boris Johnson has announced a substantial change to that, by in effect, ending planning permission. […]
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 […]
Despite Government regulations that have been in place since the 26 March 2020, when in-person viewings were made illegal, Bristol buy to let landlords have during that time been chomping at the bit to build their property empire by looking at buying additional properties for their Bristol buy to let portfolio. There are plenty of investors […]
Despite Government regulations that have been in place since the 26 March 2020, when in-person viewings were made illegal, Portsmouth buy to let landlords have during that time been chomping at the bit to build their property empire by looking at buying additional properties for their Portsmouth buy to let portfolio. There are plenty of investors […]