So, we are just over two weeks into the lockdown and things are settling down into a โnew normalโ as we get used to our new work environments, our daily exercise routine and essential shopping. There is no doubt our thoughts start to turn to when will things get back to life as we knew it before COVID19 and the one question I am getting asked a lot now is โWhat will be the effect of Covid-19 on the Southampton property market?โ
Read MoreThe last few weeks, unquestionably, have been one of the most life-changing times we have seen since WW2. The threat of the Coronavirus has taken over the world, the UK and Southampton and will challenge you, our families and our relationships.
Read MoreIf you are buying a home in England costing more than ยฃ125,000, you will have to pay Stamp Duty Land Tax on the purchase of your new home. In the provinces, itโs called something slightly different, so if you are buying a property in Scotland over ยฃ145,000 you will pay Land and Buildings Transaction Tax (LBTT) and for any property over ยฃ180,000 in Wales you will pay Land Transaction Tax (LTT). Whatever the tax is called, it is an important factor when moving, when you consider that; Last year the average UK house buyer paid ยฃ10,150 in Stamp Duty Tax alone
Read MoreEven though the new legislation was placed on hold because of the recent General Election, it is expected the Government will start fining around half of all UK local authorities for failing to build enough new homes as Westminster starts to force local authorities to build more homes with the new laws.
Read MoreYou wouldnโt set off on a road trip without a map. So why start the next stage of your lifeโs journey without the homebuyerโs equivalent? Letโs talk floorplans.
Read MoreI am asking Royston Smith, Caroline Nokes and Alan Whitehead the Conservative and Labour MPโs covering Southampton to remind the Chancellor and Prime Minister to use their persuasive skills to highlight and take a more holistic approach and attitude to the private rented sector and tackle issues which affect a Southampton landlordsโ capability and capacity to strategically run an effective buy-to-let business
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