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The past few years have been fairly difficult for landlords but anyone hoping that things would become easier shouldn’t hold their breath. One new issue that is likely to impact on landlords is the General Data Protections Regulation, GDPR, which comes into effect from May of 2018. This new legislation is likely to impact on a wide range of industries and people all across the United Kingdom and the housing sector is likely to be impacted.
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It is widely accepted that it can be difficult for first time buyers to make their way on to the property ladder. This is why it is good to see that there is a growing level of assistance being offered to first time buyers. In November of 2017, the Government announced that stamp duty would be removed for first time buyers when the price of property was less than £300,000. There was also an announcement that first-time buyers purchasing a property between the price of £300,000 and £500,000 would pay a reduced amount of stamp duty.
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At Austin Property Services, we take immense pleasure in being local estate agents with considerable knowledge of the area we serve. We believe that local knowledge is essential when it comes to providing the best service for our clients and if you have any queries about the local market or area, please get in touch.
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You would think that more mortgage types would be of benefit to the marketplace. After all, the more choice that people have to select from, the more likely it is that they will find an option that is ideal for their needs. Of course, not all mortgages are equal, and there is a mortgage type that is not as popular, or as prominent, as it used to be. However, there are some suggestions that interest only mortgages are being discussed, which could see them coming back in 2018.
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Our Fixed Rate Estate Agent Deal of £750 to sell your home can work for you too...
When it comes to finding the right Weymouth estate agent for your needs, there are so many things to consider. Your needs and expectations are likely to be different from other people’s, which means that the ideal option for a friend or colleague may be wrong for you. This is why before you focus on which estate agent to use you need to first focus on what you are looking for in an estate agent.
