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Buyers undeterred by Budget Stamp Duty news

  • 14.11.24

A survey of homebuyers across England, commissioned by Benham and Reeves, found that 71% had been hoping to see current stamp duty relief thresholds extended beyond March 31 next year. However, whilst the government’s failure to do so may have brought disappointment, it’s unlikely to halt the positive property market momentum that has been building in 2024.

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Vast majority of homebuyers unfazed by lack of stamp duty relief extension

  • 12.11.24

The survey of homebuyers across England, commissioned by Benham and Reeves, found that 71% had been hoping to see current stamp duty relief thresholds extended beyond 31st March next year.

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UK house prices climb to a new all-time high as mortgage rates fall

  • 09.11.24

Director of agents Benham and Reeves, Marc von Grundherr, said: “A degree of property market hesitation is always to be expected in the run up to a major economic event such as the Autumn Budget. Despite this, house prices have continued to climb, albeit at a slower rate, but this demonstrates the intent that is currently being shown on both the side of buyers and sellers in the current market.”

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A fourth consecutive month of positive house price growth – industry reaction

  • 08.11.24

Marc von Grundherr, director of Benham and Reeves, commented: “A degree of property market hesitation is always to be expected in the run up to a major economic event such as the Autumn Budget. Despite this, house prices have continued to climb, albeit at a slower rate, but this demonstrates the intent that is currently being shown on both the side of buyers and sellers in the current market.”

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5 ‘hot’ London postcodes that sell faster than the city centre

  • 08.11.24

Marc von Grundherr, Director of Benham and Reeves, tells us there are two reasons why a postcode might be desirable – and the first is reputation...

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Investors can push on now that Budget uncertainty has cleared

  • 07.11.24

The run-up was filled with speculation, with fears of capital gains tax hikes leading the conversation. A survey by Benham and Reeves found nearly 20% of landlords put their plans on hold, bracing for what might come.

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Stamp Duty “less of a concern” for rental sector, agent claims

  • 05.11.24

Marc von Grundherr, the director of Benham and Reeves agency, commissioned a survey of landlords in England following last week’s Budget and found that around one in five had put their buy-to-let investment plans on hold in the run up to the statement, fearing a CGT rise.

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Majority of landlords say they'll remain in the sector following the Budget

  • 05.11.24

The latest market insight from London lettings and estate agent, Benham and Reeves, has revealed that whilst the threat of a capital gains tax hike was weighing heavy on the minds of the nation’s landlords in the lead-up to last week’s Autumn Statement, the increase in stamp duty on second home purchases is far less of a concern.

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Stamp duty hike: a ‘bitter but manageable pill to swallow’ for UK landlords

  • 05.11.24

Last week’s Budget announcement raised Stamp Duty Land Tax (SDLT) to five per cent tax, yet household landlords seem unfazed. London-based estate agent Benham and Reeves carried a survey to find out how UK landlords reacted to this hike.

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Majority of landlords undeterred by Autumn Statement SDLT hike, research reveals

  • 04.11.24

While the threat of a Capital Gains Tax (CGT) hike raised concerns for landlords in the lead up to last week’s Autumn Statement, the increase in Stamp Duty Land Tax (SDLT) on second home purchases is less of a concern, according to research by Benham and Reeves.

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