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Government tweaks 'additional homes' stamp duty surcharge

The small print of the Budget has revealed that the government is to make minor changes to the ‘additional homes’ three per cent stamp duty surcharge. The government is stressing that these amendments are purely to improve the operation of the surcharge, by providing relief in certain cases where: – a court… Source: Estate Agent […]

ZPG refuses to increase its offer for GoCompare service

ZPG is refusing to increase its rejected bid to buy comparison website GoCompare. Earlier this month GoCompare turned down an unsolicited takeover offer from ZPG which valued the price comparison business at around £420m. The firm said the proposal “fundamentally undervalues GoCompare and does not reflect the strong growth prospects of the… Source: Estate Agent News

Let's dance! Your chance of FREE tickets to the Agents Giving Ball

Training for Agents Giving’s Strictly Come Dancing event is now entering its final two weeks – and Estate Agent Today readers have a chance to attend the prestigious Agents’ Giving Ball in London on December 8 to see the fun at first hand. There are 11 property industry volunteers already excelling… Source: Estate Agent News

Over 10 per cent of sellers change their minds because of rate rise

A survey suggests that over 10 per cent of existing homeowners have been deterred from selling thanks to the recent interest rate rise – the first for a decade. A poll has been conducted of 2,847 UK adult homeowners aged 25 and over, all of whom claimed that – prior to the… Source: Estate Agent News

Agents Do Charity – just four weeks before Christmas…

Four weeks today almost the entire industry will be finishing work for Christmas after another year – and ready to start a well-deserved break. Until then, as you can see from today’s roll call below, there is plenty of fund-raising going on from our public-spirited agents and suppliers.  Please send us your… Source: Estate Agent […]

Stamp duty change – government defines 'the first time buyer'

The government has defined the ‘first time buyers’ who will benefit from its immediate scrapping of stamp duty for FTB purchases below £300,000.  The definition of a first time buyer, enshrined in the Budget small print, has been tightened up to ensure only what it regards as ‘genuine’ FTBs can take… Source: Estate Agent News

Not everyone in the industry likes the stamp duty change…

Agents and even the Labour Party have backed the government’s scrapping of stamp duty for first time buyers’ purchases up to £300,000 – but it hasn’t won support from everyone in the industry. Lewis Johnston, RICS parliamentary and public affairs manager, comments: “Scrapping stamp duty for first-time buyers may stimulate activity at… Source: Estate Agent News

Scepticism at long-term benefit of Budget housing measures

Housing may have taken centre stage in the Budget but most of the industry appears to remain sceptical of whether the measures will, in combination, do much to solve the most pressing issues. “It’s deeply disappointing that the rest of the stamp duty spectrum was not reduced. There are a few points… Source: Estate Agent News

Leaders Romans continues expansion by beefing-up new homes team

The fast-growing Leaders Romans Group now looks set to grow its new homes business. Alison Guyton, currently Leaders’ head of marketing with 17 years’ experience in the property industry, has become the brand’s New Homes Director. She will work alongside national sales director Kevin Shaw and will head up a five-strong team… Source: Estate Agent […]