Property News

Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak (quickly followed suit by the Welsh and Scottish Governments), announced last July that Stamp Duty was partially being suspended on all English property transactions up to £500,000 …

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When William the Conqueror invaded our fair shores in 1066, like all good kings, he needed to buy loyalty and raise cash to build his castles and armies. He did this by feudal law system and granted all the faithful nobles and aristocrats with the land. In return, the nobles and aristocrats would give the …

Continue reading "8,505 Hastings Homeowners to be ‘Unchained’ from Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decades"

Christmas Eve brought the news that Boris Johnson had conclusively agreed on a Brexit deal for the UK with the European Union. This gave optimism that the economic turmoil of leaving the EU would be radically reduced, yet what will this ‘trade deal’ do to the value of your Hastings home and the mortgage payments you …

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12 months ago, the unemployment rate in Hastings stood at 4.7% of the working population, yet with Coronavirus hitting the UK, what impact will this rise in unemployment have on the Hastings property market? As we have discussed a number of times in these articles on the Hastings property market, this summer saw the Hastings …

Continue reading "As Uneployment hits 9.1% in Hastings, What Effect Will This Have on the Hastings Property Market in 2021?"

Can I still move home is we move into Tier 3? This year has been full of uncertainty for buyers and sellers, but the property market is still open. One question we have been asked by our clients is this... Will I still be able to move house if we go into Tier 3? The …

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Roll the clock back to April 2020, and major financial economists and property market commenters were sounding the alarm. The very best-case scenario was a 5% drop in property values by the end of the year, and most were in the 10% to 15% range. They forewarned the Covid-19 stimulated recession would trim tens of …

Continue reading "No Deal Brexit- The Prediction For Hastings House Prices"

In the last few months, the Hastings (and UK) property market has resisted and flouted every economist’s prediction. With the economy, a shadow of its former self, unemployment set to hit 11.9%, the Government on track to borrow nearly half a trillion pounds to pay for Coronavirus support packages etc., all of this has had …

Continue reading "Will the Hastings Property Market Crash in 2021"