tax

Downsizers in UK unrealistic about what their money can buy, research suggests

Older home owners in the UK who want to downsize have unrealistic expectations about how much money they will raise as property prices in the country continue to rise, it is claimed. Estate agents are seeing growing demand from clients looking to downsize to raise cash with 66% reporting a rise in enquiries over the […] The post Downsizers in UK unrealistic about what their money can buy, research suggests appeared first on PropertyWire . Continue reading

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Prime lettings market in London benefitting from sales slowdown

A slower sales market in London’s super prime lettings sector over the past 12 months has boosted demand as tax changes have led to greater price sensitivity among buyers. In particular higher rates of stamp duty have altered the dynamics of both the lettings and sales markets in prime central London so sales have slowed […] The post Prime lettings market in London benefitting from sales slowdown appeared first on PropertyWire . Continue reading

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UK Government seeks evidence on impact of super basement developments

As part of a review of so called super basements in London, the UK Government is seeking evidence on how these developments impact on neighbouring properties. It is asking for details on the number of basement developments, how they are treated by the planning system and how any adverse impact can be dealt with through […] The post UK Government seeks evidence on impact of super basement developments appeared first on PropertyWire . Continue reading

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