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  • A guide to safe viewings

    With the housing market reopened, what are the rules for safe viewings? A group of the property industry’s main trade and government bodies have got together to formulate a guide to best practice. The full document covers many operational aspects, but we have extracted their recommendations for viewings for both buyers and sellers - see below. If. on the other hand, you want to read the full document click here.   When bookin...

  • Sales News - Stamp Duty Holiday

    Chancellor Rishi Sunak has just announced that, until 31st March of next year, you will not have to pay stamp duty on the first £500,000 of any house purchase. It means the average buyer will save £6,894.20 which should give a substantial boost to the housing market. It is likely to benefit the more expensive purchases rather than first time buyers, who don’t normally have to pay the tax. In our parts of London, Mayfair, Maryle...

  • Guide to property viewings

    Guide to property viewings - Tips & Tricks   While some house hunters still take an instinctive approach, it certainly pays off to be thorough during a property viewing to make sure you are absolutely sure the property is right for you and are fully aware of any wear and tear before you make an offer.   This tip guide lists everything you need to look for to make sure you get the most out of your property viewing.   Pr...

  • Property management Marylebone

    How to maximise the value of your property portfolio across London? If you’re a landlord, you might be considering maximising the value of your rental portfolio. A property portfolio is a collection of property investments which are owned by a company or individual. The main benefit of a property portfolio is that it gives you better access to equity and gives you multiple streams of income. Becoming a property investor in Marylebone i...

  • Tax and legislative changes

    With so many tax and legislative changes for the rental market, it’s difficult to keep up with it all. We thought it might be useful to give you a rundown of everything that will be happening in 2020.   1) Capital Gains Tax There will be two significant changes to CGT on any properties you sell that are not your main home. Lettings Relief means that if you lived in your second property at any point, you won’t have to pay fo...

  • Real rental data for 2020

    Last month, we saw some of the first real rental data for 2020 - Homelet’s Rental Index showed average rents were up by 2.3% and by 4.4% in London, compared to January 2019. Average rent (excluding London) was £793pcm and £1,627pcm in the capital. With the Consumer Prices Index running at 1.8%, the rises were considerably above inflation, especially in London, in the areas like Marylebone, Hyde Park, Regent’s Park and May...

  • Anticipated Boris Bounce

    Ironically, before the coronavirus hit, the housing market was in rude health. The much anticipated Boris Bounce meant prices were rising across the board. According to Nationwide, annual house price growth hit 3% in March, up from 2.3% the previous month - the fastest pace since January 2018. And, after five difficult years, Prime Central London, including Marylebone, Mayfair, Hyde Park and Regent’s Park, was also showing signs of a sig...

  • Working from home

    Working from home can be quite a shock. After a lifetime of commuting to offices filled with people, buzz and banter, suddenly we are sat at home in makeshift workspaces, trying to concentrate while the world is turning upside down. For many, it’s a truly challenging transition. Don’t panic. I’ve been doing it happily for six years now, and there are some simple things you can do to make it a whole lot easier.   The bi...

  • Sales Predictions London

    2019 was a year that will live long in the memory. As we predicted, from its outset, it was dominated by Brexit. The government’s lack of majority meant their Brexit bill was continually rejected and any kind of compromise seemed impossible. By May, May was out and we had a leadership contest and a new Prime Minister - Boris Johnson. The result heightened fears over a hard Brexit, but then Johnson surprised us all by getting the EU to ag...

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