Stamp duty holiday was introduced last 8 July 2020 and was set to run until 31 March 2021 in a bid to get the property market moving again amidst lockdown due to the Covid-19 pandemic.The stamp duty holiday entitles first-time homebuyers, or buyers moving up or down the housing ladder to an exemption of tax on the first £500,000 on residential properti...
#1 What’s happening to the house prices across England?According to Grainne Gilmore, head of research of Zoopla, house prices are increasing at around 4% a year. The price growth is due to the rise of demand in some areas of the country, despite the national lockdown. The rate growth ranges from 2.8 percent in the east of England to 5 percent in the no...
The UK started its third national lockdown last 5th January 2021 due to the rising cases of Covid-19. And all primary and secondary schools were forced to close. As several parents, juggling from working from home and making sure that their children keep on top of their educations can sometimes be overwhelming. We have list 5 tips to make it easier...
2021 is still uncertain, with the Covid-19 and the Brexit. The pandemic and Brexit will continue to impact the property market. The property sector has continued to show resilience amidst the period of uncertainty. The Impact of Covid 19The Covid-19 vaccines were already administered in the UK last December 2020, if it rolls out successfully these measu...
Being a landlord can be overwhelming, especially if you are handling various rentals properties or if you are doing other businesses. Between maintenance of the property, collection of rent, filing of vacancies, and responding to tenants’ requests, there comes a time when you might need some help. And this is where a professional property manager comes...
Wandsworth is huge and there are many things to love about this borough. Here are the top 15 reasons why Wandsworth is definitely the best borough in London.#1 Clapham JunctionWandsworth has Clapham Junction. It is the busiest railway station in London by the number of trains passing through the station every day. It seems that you can catch a train to where...
People tend to spend all year waiting on one of the joyous holidays of the year – Christmas and New Year. Holidays can be a chaotic time as this is the season where family members and guests are coming and going and so many distractions. The holiday season can be a stressful time for most landlords. And for these reasons, most landlords would want to h...
At Bluestone Properties, we know many landlords in the Tooting area face significant challenges right now. We are here to help you manage your rental property, keep tenants happy, and stay on top of your finances. During challenging times, it is best to stick to the fundamentals. All landlords should look to minimise their risks at this time, and we can...
Help to Buy scheme was launched by the government in 2013 to help home buyers get on the property ladder with only as little as 5% deposit. The current scheme will end on 31 March 2021. But the application for the current Help to Buy scheme will end on 15 December 2020. The enhanced Help to Buy Scheme will start on 1 April 2021 and the application...
On the 8th of July 2020, the Chancellor of the Exchequer, Rishi Sunak announced a temporary stamp duty holiday until the 31st of March 2021. This temporary stamp holiday cuts the rate of stamp duty to zero for all the properties under £500,000 for first time home buyer. For example, if you are buying a property that is £500,000, before the s...
As the cases of Covid-19 are rising across the UK, the Government has announced that there will be a national lockdown starting Thursday 5 November to Wednesday 2 December.During the 4-week long lockdown, the rental market is to remain open according to the housing secretary Robert Jenrick.The tenants and landlords will still be able to conduct house moves r...
It has never been easy to get into the property ladder especially for first-time buyers. With the economy clouded by uncertainty due to Covid-19, the vision for first-time buyers become a little blurry.The new 95% mortgage scheme was announced by the Prime Minister. This will help first-time buyers get their foot on the property ladder. Schemes such as Help...
Autumn is already in full swing. As we approach winter, now is a good time to be reminded about how to prepare your letting property ahead of time when the winter comes. Here are some tips on how to prepare your letting property for the cold weather. Sealing Around Windows and Doors Gaps and cracks can cause heat loss when the draught enters th...
We know there are many challenges facing landlords in Tooting right now. We have spoken with many local landlords, and we understand the key problems our clients face. If you are a Tooting landlord, and you need assistance or assurance, we are more than happy to assist you. As well as staying in touch with the local market, we follow what is happening n...
Since the introduction of the stamp holiday in July, the houses that have been sold in London “super suburbs” have doubled as in the rest of the capital. Covid-19 has brought so many changes in the lives of many Londoners. With the anxieties experience due to this pandemic, buyers are being driven in search of a home with a garden, spacious...