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Newcastle based auction firm iam-sold has announced significant expansion plans for 2015.
The company is expanding into Scotland, aiming for further growth in the North West, and launching a range of new products.
Since its launch five years ago, the company - founded by Jamie Cooke and Ben Ridgway - has sold over 5200 properties and raised in excess of £440m.
“We are very excited about the expansion of iam-sold – it will offer our partners a great range of services that are forward thinking and complementary, and, at the same time, give the public a better range of options to
Tens of thousands of young Britons will be offered the chance to buy their first home with a hefty discount by Prime Minister David Cameron, a scheme he hopes will boost his re-election chances for May next year.
With less than five months to go before what is shaping up to be an unusually close election, Cameron and his Conservatives are keen to show voters that the steady economic recovery they have presided over can, if sustained, lift living standards.
"Under this scheme, first-time buyers will be offered the chance of a 20% discount, unlocking home ownership for a generation," Cameron
West Country auctioneer Symonds and Sampson has announced the results of its final auction of the year, which attracted 247 bids across 16 lots.
Taking place at a packed Digby Hall in Sherborne, the auction boasted a catalogue with an eclectic mix of properties including land with building potential, agricultural land, houses for improvement and investments.
The greatest excitement of the day was for Corner Ground at Hazelbury, a single storey cottage for renovation with outbuildings and gardens in a rural location.
Symonds and Sampson said that in the run up to the event, it was
Grosvenor Crescent in London has been named as the most expensive street in Britain.
The sweeping Regency street tops a list compiled by Lloyds Bank: its Grade II-listed houses change hands for an average of £16.9m. In May 2013, a house there sold for £15.7m, and a three-bedroom flat is on the market for £11.75m.
House prices rose rapidly in the capital at the start of this year, and the cost of homes on the most desirable streets has risen sharply. Land Registry data shows that prices in Westminster, which includes Grosvenor Crescent, are 18% higher than a year ago.
Multi-award winning property auctioneer Auction House has scooped yet another industry trophy – this time, the Silver Award for Best Franchise at the 2014 Estate Agency of the Year Awards.
This is the fourth consecutive year that the group has won an award at the prestigious event, including a total of two gold medals. This year’s ceremony was held on Friday 5 December at the Lancaster Hotel in London.
Commenting on the success, Auction House Founding Director Roger Lake said: “We’re delighted to have received yet another award in what is becoming a far more competitive arena, with the number
The UK’s new property tax rules are set to provide a boost to both the sales market and buy to let market, it is claimed.
The new rates will give the biggest savings to buyers at the lower and middle end of the market and according to Stephen Ludlow, chairman of lettings age Ludlow Thompson, as buy to let landlords usually invest in properties below £937,500 the changes will give almost all investors in this market a boost.
‘The changes in stamp duty will see the biggest increase in net returns for more modestly investments such as smaller properties in Zone three of London, city centre
The Government has announced on 3rd December 2014 that stamp duty reforms are to be implemented on residential property.
George Osborne has announced a radical overhaul of stamp duty to boost the housing market in this week's Autumn Statement.
The current system of a ‘slab’ single rate stamp duty tax on the entire property price will be replaced with a system of tax bands, like income tax. Osborne said the changes will cut stamp duty for 98% of people who pay it. There will be no stamp duty on the first £125,000 of property value.
This is good news for purchasers of most residential property
Landlords in the West Midlands who fail to check whether prospective tenants are in the country legally will face a £3,000 fine, under a new rule expected to be rolled out across the UK.
The Birmingham, Walsall, Sandwell, Dudley and Wolverhampton area is the first where the check must be made.
Landlords now must ask to see evidence of a person's identity and citizenship. In cases where a passport cannot be produced, landlords can request further checks via a government website.
The Home Office said following an evaluation of the implementation in the West Midlands next spring, it expected to