The Prime Purchase team explore what is really going on in the property market.
Those of us who think that the stamp duty system is already broken will be dismayed by the government’s announcement that it is to 'consult' on the idea of levying an additional 3 per cent stamp duty on any foreign person buying property in the UK.
Remarkably, a year has flown by since we uprooted the family and moved from London to Hampshire.
A property search is very specific to each client, who will have his or her own particular set of requirements and must-haves. However, increasingly we are finding that both husband and wife work, which produces a number of fairlysimilar broad requirements when it comes to the property search.
The Bank of England has increased interest rates by a quarter of a point to 0.75 per cent. This move, only the second in a decade and the first since last November, was widely expected on the back of an uptick in the economy, with solid employment and pay growth, alongside a rise in consumer spending.