Last year, according to Zoopla, the average UK home buyer paid £8.5k or 4% less than the asking price. Over the past decade my clients paid £120k or is 6% less. As you can see some years it seems to be more than others. I need to try and workContinue Reading

Reports in the Telegraph this weekend suggested that the Chancellor was flirting with the idea of a Mansion Tax. You may recall that such a tax was first floated by Vince Cable and subsequently by Ed Miliband to which the response from the Conservatives was unequivocal. Already wealthy home ownersContinue Reading

When you buy a property you will have to pay Stamp Duty Land Tax, a ‘purchase tax’ payable within 30 days of completing on the purchase. It varies depending on the price you pay and whether you are a first time buyer, an overseas resident, a company, if you areContinue Reading

It’s the end of the first full week back at work and I’ve bid of four properties. Two went to best and final offers and my clients came second on both. Frustrating but both were sanguine. We lost one by £5,000 on a £1.35m offer. The second was agreed toContinue Reading

So, the country said “no” to a return to the ‘old’ Labour era of forty years ago and the Corbyn experiment has, let’s hope, been canned! The UK has presumably held it’s collective nose and voted for Boris Johnson and we now have five years of a Conservative Government. StabilityContinue Reading

People are often surprised when I tell them that only half of the properties that go onto the market actually sells but according to the National Association of Estate Agents, the estate agents union of those that do 87% sells for less than the asking price. In a new reportContinue Reading

Despite a rule that we would only have to vote every five years Boris Johnson has decided to call a General Election on December 12th – to unblock Parliament and to ‘Get Brexit Done’. The fact that this refers just to our notice to leave and that we will thenContinue Reading

There is a market, I’ve agreed eight deals in the past three months and if buyers and sellers are pragmatic then people can move. I’ve exchanged on 16 properties this year and have three in solicitors hands at this moment. Not everything is plain sailing though. One client has pulledContinue Reading

With Brexit and a General Election looming both buyers and sellers are concerned about what to do. We’re in something of a buyers market at present with those prepared and bold enough to snag a deal able to pick and choose. Of course not all sellers recognise the new marketContinue Reading

In a challenging year I’ve been asked a few times how business is going.

Their son James is self-employed and unable to get a mortgage so mum and dad Pam & Keith are taking out a 40 year mortgage to help him to buy a home. I have some problems with this as I explained to Peter White via LuciLive whilst on holiday inContinue Reading