Expert Discusses Conveyancing Issues And Potential Sector Solutions
The home buying and selling process has started to struggle as the weight of political uncertainty begins to take its toll on buyers and sellers. As transactions reduce, all stakeholders in the property process look to ensure their processes are as efficient as possible. The Government has accused the home buying and selling process of […]
What Will the 5AMLD Mean For Conveyancers?
As the Fifth Money Laundering Directive (5AMLD) will be introduced on the 10th January 2020 which supersedes the Money Laundering Regulations from 2017, George Stark, director of Veriphy, who provide intelligent compliance for professionals, talks through what it will mean for legal practitioners. He said: “The 5AMLD comes into force within the UK and throughout […]
Search Acumen Comments On MHCLG Housing Supply Statistics
Andy Sommerville, Director at Search Acumen, comments: “The net increase in housing stock could be seen as a proxy barometer for the nation’s economic outlook. You don’t have to be a meteorologist to know we aren’t in the sunlit uplands, but rays of sunshine are starting to break through. “Figures from the last 10 years […]
Landmark Case Clarifies CGT Only Applied After Property Completion
The England and Wales Court of Appeal (EWCA) has upheld an appeal into a landmark case involving when a home owner is entitled to principal private residence (PPR) relief. Desmond Higgins, the owner of a London flat he was unable to live in for four years, has had his appeal upheld by the court following a […]
Changes To Corporation Tax
The number of foreign investors opting to purchase UK rental property increased for the first time since 2010. Are foreign investors prepared for the imminent tax changes set to be enforced from April 2020? According to Hamptons International, 11% of UK homes are now let by overseas investors, representing a 4% increase from the 7% […]
Brexit Causes Frosty Winter House Price Declines
The winter months are set to become increasingly frosty as experts predict house prices are set to decline by 1.3% over the next three months. The data further speculated that some regions will fare considerably worse than others as Brexit deters buyers and sellers from entering the property market, according to Reallymoving. The average house […]