What will happen to the value of your Chafford Hundred home next year? What will a no deal Brexit on the horizon, the end of the stamp duty holiday in March, mortgage payment holidays coming to an end, unemployment set to rise after furlough and ongoing on/off coronavirus restrictions do to the Chafford Hundred property market.
Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk? In this article I discuss the implications of what that would mean both nationally and locally in Purfleet.
Tilbury homebuyers and landlords have saved thousands of pounds in Stamp Duty since the Summer of 2020, yet with many people placing their Tilbury property onto to the market, I discuss how many of them could miss out on saving up to £15,000 in stamp duty tax, together with some handy tips to ensure your money stays in your pocket.
Post lockdown, the need for South Ockendon families who want bigger homes has meant South Ockendon homebuyers must now to pay considerably more to trade up to that larger home…One thing that has come out of lockdown has been the inexorable movement
The Tilbury Buy-to-Let Property market is going to get battered and bruised in the coming two years, making many Tilbury landlords wonder if its’ worth just selling up their property empire? In this in-depth report, I consider six reasons that will make you want to remain or become a landlord.
Why are Some Banks Reining in Over-Enthusiastic Chafford Hundred Homebuyers and Buy-to-Let Investors
As we are now approximately four months into the Chafford Hundred property market opening, it is becoming quite apparent that the banks are being a lot more careful with the lending when it comes to giving out mortgages to both homebuyers and buy to let landlords.
With the Government banning evictions until March 2021, this has left many landlords feeling they are in purgatory. In this article, I discuss the options Grantham landlords do have even with this news and the things they can do to ensure the worst doesn’t happen to them and their tenants
“Many South Ockendon homemovers and landlords are looking to take advantage of the stamp duty holiday on buying their next South Ockendon property. To take advantage of this, the property needs to have changed hands and monies paid by the 31st March 2021. Whilst this seems an eternity away, nothing could be further from the truth.
Boris Johnson’s Government recently announcing that they planned to rip up the Planning Permission regulations, meaning property developers wouldn’t require planning permission, I ask the important questions about what this would mean for the local Purfleet homeowners, the Purfleet countryside and Green Belt and inappropriate building schemes.
The Government set to borrow £400bn because of Coronavirus, that will need to be paid back over the next 10 to 20 years, one ‘think tank’ has suggested OAP homeowners be charged a capital gains tax on the £1.5tn locked up in equity in their homes. Is this fair and what would it cost the average OAP South Ockendon homeowner.
“ In this week’s article I look at how the Coronavirus will affect the Chafford Hundrerd Property Market in the coming months and years with the backdrop of the ensuing economic challenges, with some thoughts and conclusions that might surprise some people”
“ In this week’s article on the Tilbury property market I look at the recently announced £3bn Government giveaway to local homeowners and landlords in Tilbury in the form of £5,000 grants to make our homes greener with upgrades to double glazing, insulation and other green measures. It makes for some interesting reading ".