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Showing Category: Property Market
Bristol Millennials Moving Back in with Mum & Dad?
Roll the clock back 20 years and any self-respecting late 20/early 30 something would never say on their first date that they lived with their mum and dad. It was seen as a sign of immaturity being tied to your mother’s apron strings as a failure to leave the family home. Yet over these last […]
BRISTOL RESIDENTIAL MARKET REPORT – AUGUST 2020
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The 27,691 ‘Trapped Landlords’ of Bristol
Going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being briefed as late […]
Clevedon Properties Sold in Stamp Duty Holiday Bonanza
On the 8th of July 2020, the Chancellor announced the first £500,000 of any property bought was exempt from stamp duty until 31st March 2021. This also included buy to let landlords (although they would still need to pay the additional 3% stamp duty level for second properties). Talking to many of you Clevedon homeowners, […]
Nimbyism in Bristol is Dead – Long Live the Planning Permission Rule Changes
Nimbyism in Bristol is Dead – Long Live the Planning Permission Rule Changes: How will this affect the 227,730 Bristol Property Owners? The 1st July 1948 heralded a new dawn in how property was built, as the Town & Country Planning Act 1947 came into force, meaning no property could be built without the say […]
Bristol OAP Homeowners to Face Coronavirus Tax Bill?
The Government is on track to borrow £400bn because of Coronavirus and that needs to be paid back at some stage. Last year alone, before Coronavirus, the Government brought in £824 billion in taxes whilst they spent £887 billion, meaning they had to borrow £63 billion. In fact, the last time taxes were higher than […]
What’s Next for the Bristol Property Market?
There is no doubt that Coronavirus will affect the Bristol Property Market, but just how? The ensuing economic challenges are going to impact the Bristol (and UK) property market, yet no one knows the real answer. The newspapers eulogise different opinions, but that’s all they are – opinions and everybody’s got a different opinion. […]
Bristol Property Market – the Last 10 Years
One of my Bristol landlords contacted me last week, after he had spoken to a landlord friend of his. He told me they were deliberating the Bristol property market and neither of them could make their mind up if it was time to either sell or buy property following Covid-19. His friend said he would […]
Bristol Home Buyers & Landlords Set to Save £33,131,600 in Stamp Duty Over Next Nine Months
The British are infatuated with owning their own property and politicians know that. Margaret Thatcher used it as a vote winner in 1979 when she allowed council house tenants to buy their own home. Coming to the present day, Boris Johnson’s Conservative government have anxieties that the Brits have not been buying nearly enough […]
BRISTOL RESIDENTIAL MARKET REPORT – JUNE 2020
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How to add long-term value to your Bristol property
How to add long-term value to your Bristol property In Bristol we have certainly been busy with new properties coming onto the market and buyers eager to view. Lockdown has meant we have spent many an hour at home and, as such, you could have been contemplating what improvements you could make. If you think […]
The Bristol Post Lockdown Property Market
What have we learned in the first month? From talking to most of the Bristol estate and letting agents and our own findings, it might surprise many of you that new enquiries from homebuyers, tenants, landlords and home sellers have been at record levels since lockdown was lifted from the property market in mid-May. There are […]