HMRC figures show annual downturn in property sales
Data released from HM Revenue and Customs (HMRC) surrounding the number of properties that are liable and non-liable for Stamp Duty Land Tax (SDLT) for the second quarter of 2015 displays a downturn in residential and non-residential property sales compared with last year’s results. Currently the threshold for SDLT for residential properties stands at £125,000 […]
Property sales higher in flood risk areas
5.4% more transactions than national average in high-risk areas Areas with high flood risk* saw 5.4% more property transactions than the UK average since 2013, according to new research released today from Groundsure. Groundsure used Land Registry and Environment Agency data in order to compare levels of property activity within river and coastal flood risk […]
Are concerns about solar farms becoming an issue for homebuyers?
According to a recent article from The Law Society, a planning application to construct a solar installation in Burstow, Surrey, has caused controversy among local residents who are concerned about the negative impact a solar farm could have on the value of their property. Understandably residents are seeing red about the development in the Green […]