Category: Homebuyers

House prices reach a record high, but will it continue and should first-time buyers wait?

Despite the challenges of the last year, house prices have continued to climb. Now at a record high, should first-time buyers wait with the expectation that prices will fall? Read on to find out what’s happening in the property market. According to the Halifax House Price Index, house prices have increased by a staggering 8.2% in the last year. As of April 2021, the average price for a home is £258,204 after prices increased by £3,600 in the...
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What would an alternative to Stamp Duty look like?

Should the Stamp Duty holiday be extended? Or should the tax be scrapped altogether? Chancellor Rishi Sunak is facing calls from campaigners but it’s unlikely the Stamp Duty would be scrapped without an alternative. Stamp Duty is a tax you may have to pay when purchasing a property. In most cases, first-time buyers are exempt from Stamp Duty. However, if you’re moving home or investing in property, it’s something you need to consider, as it...
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What are homebuyers looking for in 2021?

Are you planning to sell your home in the new year? Understanding what potential buyers are looking for can help you position your home to gain more attention and hopefully increase the price you receive for it. House prices predicted to fall 14% During the first lockdown, house prices stalled as restrictions were placed on viewing homes and potential buyers, particularly first-time buyers, struggled to access mortgages. However, as the market...
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