Seeking to add more value and quality to an already thriving department, Wosskow Brown are proud to announce StJohn Wright as the new Head of Commercial Property. StJohn has worked for Wosskow Brown since 2016 implementing his skills and knowledge in both Residential and Commercial conveyancing. StJohn is well-liked and respected by his colleagues. He…Continue reading
The news has dropped recently from the UK’s largest mortgage lender, that house prices are still rising. This brings the average property price in the UK to £270,027 according to the Halifax. The Nationwide however stated earlier in the week that average property prices was now £250,311. Whichever figure you look at, they both represent…Continue reading
The ongoing saga in the leasehold sector has just seen another plot twist, and this time it’s good news for leaseholders. Leasehold – What Does It Mean? As a leaseholder, you own a lease that gives you the right to use the property how you wish, within the parameters set out in the lease. However,…Continue reading
On Wednesday 30th June, the Stamp Duty Land Tax holiday will start to phase out, with the threshold of £500,000 coming to an end. Buyers Rushing to Complete Transactions The Stamp Duty holiday has been saving people up to £15,000 on their housing purchases. The usual threshold is £125,000 but during the holiday, buyers have…
The first three months of this year has seen a new record number of mortgage loans given to a certain group of people; home movers. Non-Stop Mortgage Loans Market Catalysed by Home Movers The market has seen somewhat of a U-turn in the past year, with the first lockdown causing a crash in the property…Continue reading
The Competition and Markets Authority (CMA) recently warned house builders Countryside and Taylor Wimpey that they could face legal action if they don’t remove their ‘unfair’ leasehold contract terms in relation to raising ground rent. The UK watchdog expressed its worry that house builders could be in danger of breaching consumer protection law. Another two…Continue reading
The government’s 5% Deposit Mortgage Scheme, which was announced in the Spring Budget, is now underway, helping first-time buyers onto the property ladder. How will the 5% Deposit Mortgage Scheme Work? It is designed to help people buy a home despite struggling to put down a deposit. The lower required deposit will help people in…Continue reading
You would be forgiven if the latest set of lockdown rules brought in by the UK government brings you more confusion. The raft of changes seems to be never ending, and keeping on top of the latest changes feels like a never ending task. But there is good news for house hunters… you can still…Continue reading
The 31 March 2021 sees the end of the Stamp Duty Land Tax (SDLT) holiday. The Government initiative provides up to a £15,000 saving when buying a new house.Continue reading
We know that moving house is stressful enough, but in the middle of a global pandemic adds an unbelievable amount of worry. The UK Government released fresh advice on the 26th March 2020 to all parties involved in the process of moving home during the Coronavirus (COVID-19) outbreak. We urge all parties involved in home…Continue reading