Students are warned to be cautious when looking for accommodation - as the Metropolitan Police Fraud Prevention Team revealed that one-third of the recent internet-related crime reports were involved in housing Scams.
The Metropolitan Police Fraud Prevention team have warned students to be cautious when looking for accommodation - as a recent review demonstrated that housing scams currently make up one third of all internet-related crimes. Read more…
Homebuyers are warned and encouraged to act fast to complete their property purchase in four months before the end of the stamp duty holiday.
The Government announced an extension to the Stamp Duty Holiday (Zero Stamp Duty) in April’s Budget allowing homebuyers to purchase properties up to a value of £175,000 tax free until 31st December 2009. The move is designed to help first time buyers who could save up to £1,750 on their house purchase. Read more…
UK-based landlord association launches its online database website for all its members in order to improve the buy-to-let industry.
An online Landlord Database Website, launched today by the UK based Landlords Association, is designed to allow tenants to check if their landlords are bound by the “code of practice” in providing the highest standard of services within the residential lettings market. The premise is two fold, to increase the level of security for tenants providing peace of mind that they are receiving a quality service from their landlords; whilst increasing the Landlords reputation with current and future tenants. Read more…
Research showed and predicted that the UK commercial property market will take more than 5 years to recover from the loss of the economic downturn.
A leading International Real Estate company has recorded a 45% drop in overall value within the commercial property sector over the last 2 years, due in the main to the economic recession and subsequent drop in demand. As being stalled by the weak demand, it also predicted that the market will take at least five years to return to the over inflated price level recorded in 2007.
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The UK’s largest Letting Agents Association confirmed a decline in the number of “Reluctant Landlords” as the housing market starts to pick up and house prices increase.
Due to the economic downturn with the subsequent fall in house prices and lack of demand, an increasing number of Homeowners have been forced to let rather than sell their properties, hence the term “Reluctant or Accidental Landlords”. However, as the market begins to rise so the number of “Reluctant Landlords” has been seen to fall, as the 15% decrease from figures posted in November 2008 would seem to indicate.
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