The property market in London is continuously in a state of flux, with new developments taking place alongside transport upgrades and regeneration projects. This can make it tricky for investors to find the newest hotspots and make the biggest returns for their money. The scale of the city and the surrounding area also make it increasingly difficult. Continue reading
Category Archives: News
What will the coming years bring for the prime rental market?
With stamp duty changes already having an impact on the prime market, the possible introduction of a mansion tax is also worrying buyers. This could leave owners struggling to offload properties, but there is a silver lining in the amount of long term growth that is predicted in the rental market. Continue reading
Crossrail is set to affect London property prices
With the brand new Crossrail route currently being developed, property prices in the capital and along the rest of the route are set to change. Areas which are being regenerated because of Crossrail are most likely to be affected, leading to new opportunities for investors and property owners. Continue reading
Looking forward to an exciting new year
As 2014 draws to a close, we would like to thank all our clients who continue to choose our services and know they can rely on us for their portfolio management and property-related needs.
Now is the time to find properties for discount prices
With all the latest developments in the property market in London and throughout the UK, it was inevitable that there would be some alterations in pricing. Property website Zoopla has stated that around 33% of homeowners placing their properties up for sale have dropped their asking prices. This means that now could be the right time for people looking to purchase buy-to-let or investment properties in Islington, London and the rest of the UK.
There have been drastic changes to stamp duty
For many years, stamp duty has been one of the primary concerns for anybody purchasing a property in the UK. This is a tax which previously applied to properties that cost more than £125,000, and buyers would pay a percentage stamp duty on the entire amount. Continue reading
Property hotspots to watch in 2015
With new transport projects like the Crossrail and space becoming more and more valuable, the property market in London is set to expand outwards in 2015. The current Zone 3 is expected to become the major growth area as it offers the best supply of properties to suit typical budgets. Districts referred to as “non-prime” should see the biggest growth in prices, with property experts Savills predicting it could grow as much as 22.7% over the next four years.
The new changes in stamp duty
The Autumn Statement for 2014 included some surprising changes in the property market. One of the major changes is the way stamp duty, the tax paid to the government, is calculated when properties are bought. The old system was centuries old and saw buyers pay a percentage based on the total value of the property. This outdated slab system has been replaced by a progressive income tax style system instead, meaning 98% of people looking to purchase houses could be looking at savings.
East London is one of the most exciting areas of the capital
Those who can tap into the property market are going to see their properties swell in value as the prices continue to rise, so if you want to optimise profits you should certainly consider investing in a London-based property, especially in the East London area. We can help you with property investments, management and council leasing in Tower Hamlets, Hackney, Newham and all other areas of East London, ensuring that you are completely covered across all your property-related concerns.
London and Monaco have plenty of opportunity for luxury investments
London and Monaco are regarded as the two most attractive markets in terms of luxury or “ultra prime” property investment. Both locations are home to countless rich and famous people, alongside wealthy individuals from the corporate world.
