News — Page 7 of 15

The South has always been the focal point for investors and speculators wanting to make the most out of the growth in the UK property sector but, are the winds of change blowing through the sector?

It has been nearly 12 months since the Government introduced the new Electric Installation Condition Report (EICR) regulations for rented properties.

Back in January, we speculated about what announcements the Chancellor would make about the SDLT holiday and the wider ramifications of his March budget. The waiting is now all over…

Single women across the UK are potentially missing the opportunity to purchase a home according to data analysis by professional house buying firm, Open Property Group.

At Open Property Group we like to take an objective look at the influences impacting the property market and over the last 8 months there has been no bigger stimulus than the stamp duty holiday.

Here at Open Property Group, we like to ensure we keep up to date on all the issues and challenges that have an impact the UK housing sector.

It is early January and that means, that if you want to sell your existing property and buy another one to benefit from the stamp duty holiday for homes up to £500K, you have less than 90 days to do so.

Recent research on fall through rates – occurrences of buyers pulling out of a purchase, leaving behind them broken chains and stressed sellers – has shown a frankly worrying increase.

At Open Property Group we like to make sure we keep our finger on the pulse of what’s happening in the property market, and to say that pulse has been racing lately is an understatement! We all know and appreciate the problems the economy is currently facing. Never in our lifetime has the economy been in such a delicate position with the Government borrowing enormous sums of money to balance the books.

Recently we saw the introduction of the stamp duty holiday helping feed the huge surge in house buying, and now the Government have followed that up with an announcement to help first time buyers. At OPG we have been looking at what that could mean for home buyers.