The government has announced two major new policy initiatives regarding the construction of 40,000 new homes. 10,000 new homes are to be commissioned directly by the government on public land. More finance is to be allocated to the preparation of brownfield sites that will be used for another 30,000 starter homes. It is widely acknowledged thatRead more
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Don’t forget that there are tax changes coming into effect in April 2016 with stamp duty set to increase by 3% for buy-to–let property purchases. Now might be a good time to invest in such properties, rather than waiting until later in the year. In order to make sure that you are paying the rightRead more
Labour shortages in the construction industry are leading to increases in wages with industry wages up by more than 6% in 2015, according to the UK Construction Market Survey commissioned by the Royal Institution of Chartered Surveyors (RICS). In a statement the RICS commented, “While workloads are still growing at a relatively healthy pace, labourRead more
It is being suggested that while asking prices for properties continue to increase, the actual sale prices being achieved for starter homes are stalling due to greater numbers of properties coming to the market. Clearly this may be a good time to purchase your first property while interest rates remain low. However don’t forget toRead more
We hope that everyone had a restful Christmas and we wish you all the best for 2016. If you are looking for property valuations, condition reports or advice on town and country planning matters please give us a call on 01929 472609. Best wishes Simon and SamRead more