What is currently happening in the UK property market?

  Agent sales pipelines are booming according to Zoopla, in a claim that appears to buck the trend for current market assessments. In fact the portal says the estate agency industry is enjoying the largest sales pipeline for over four years. The current pipeline is the largest since May 2021 (£105 billion), and the highest…

One of the jobs of any column writer is to prompt a debate among their readership and this happened after my most recent missive went live last month. It tackled the issue of up-front fees (usually between £300-500) paid voluntarily by vendors at the point of instruction in return for a lower overall commission or…

A significant share of first-time buyers were supported but the impact for lower-income households was limited Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The UK housing market is no longer a one-way bet, nor a one-size-fits-all solution Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

In a ruling that could have wider implications for HMRC’s Stamp Duty classifications, a First-tier Tribunal has found that a property that is crossed by a public towpath is not “entirely residential” and therefore not liable for higher residential rates of Stamp Duty Land Tax. The case concerned a £4.5m Thames-side home purchase in Marlow,…

The Government’s “Pride in Place” programme aims to revitalise high streets by handing the power to local communities to compulsorily purchase boarded-up shops, block unwanted businesses like betting shops and vape stores, and save derelict pubs across Britain’s struggling high streets. The Government is putting power into their hands, so local people decide how best…