Home buyers and sellers will welcome the end of the uncertainty that has stalled housing market activity since the late summer
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HMRC figures show there were 93,630 residential transactions in August, which is slightly down from July but 2% higher than August 2024. The property industry, however, has warned that the data is masking a growing buyer confidence issue ahead of Rachel Reeves’ Budget on 26th November. Don’t be fooled – these transactions reflect activity from…
New findings highlight significant regional variation in earning potential for estate agents Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Snippets of industry news: JLL appoints head of UK affordable housing; Pride & Property Group names head residential; Harding Green unveils new partner Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Stamp Duty may be scrapped and replaced with a new form of property tax, according to a report in The Guardian. The newspaper claims senior ministers have briefed officials to study and model an alternative “proportional” property tax. Officials are examining a potential national property tax that would replace Stamp Duty on owner-occupied homes. They…
The Property Franchise Group has posted record interim results with revenue climbing 50% to £40.3m as strong sales and financial services performance more than offset cautious lettings activity, according to Chief Executive Officer Gareth Samples (pictured). This has been another record six months for the Group, driven by the successful integration of recent acquisitions and…
Landlords are being lured away from traditional lettings in favour of lucrative contracts with asylum accommodation providers, driven by guaranteed rents and fears over incoming rental legislation, it has been claimed. Paul Shamplina (pictured), founder of Landlord Action, told i-Paper that many are now signing deals with Home Office contractors such as Serco, Mears Group…
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