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Whilst experts feared that the housing market would decline and house prices would fall during the pandemic, we actually saw the opposite effect. In summer 2021, demand soured as buyers took advantage of the Stamp Duty & LTT holidays, with demand peaking around the deadline dates.   Now these holidays have ended, and the cost-of-living crisis worsens,  the...
The UK property market has had a 'hectic' 18 months with the start of the year still proving busy, showing strong buyer demand and a rebound in the number of homeowners apparently getting ready to sell in 2022. Looking back over 2021, there have been a lot of positive changes to the property market to fuel a boom and push up prices. The property market started off with a bang with the...
As restrictions start to ease,   almost a third of UK households are making plans to change their living arrangements. According to a new national survey of around 2,000 households, 31% are planning to move house following repetitive lockdowns and remote-working experiences.    With only around 5% of households typically moving house each year, the increase...
On 3 March 2021, the Welsh Government announced that the temporary increase to the nil rate band of Land Transaction Tax (LTT) for residential property transactions will be extended to 30 June 2021. There are different LTT rates and bands for different types of property, find out more about the bands in the Government Guidance .   source gov.wales Use...
Rightmove's House Price Index figures for October are in, and while 2020 has been an uncertain year to say the least, the property market has seen yet another record breaking month. The average price of a property coming to market increased by 1.1% in October 2020, reaching a new all-time national record of  £323,530 . It’s the biggest annual growth rate for over...

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