Daniel Pike | Mayo Wynne Baxter
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A SOLUTION TO OUR HOUSING CRISIS?

That there is a serious housing shortage in the UK is not in debate. The government estimates that a million new homes need to built by 2020 and at the moment we are building around 140,000 a year.  There is also little argument about the damage this is causing on a wider social and economic… Read the rest of this post (No Comments)

Housing and the 2015 General Election

The political parties have been laying the foundations for their 2015 post-election policies on housebuilding. Even the Green Party and UKIP have donned the hard hats and entered the fray. Here are a summary of their proposals: Labour wants to see 200,000 new homes built a year by 2020. It plans to give local authorities… Read the rest of this post (No Comments)

Buying Leasehold Properties

Here are a couple of pointers when embarking on a leasehold purchase.  This information is not always available at the time of making your offer but it doesn’t hurt to go to the estate agents armed with these questions at the back of your mind: Length of Lease A lease is a depreciating asset.  Once… Read the rest of this post (2 Comments)

SET BACK FOR NEWBUY SCHEME

My previous blog, which focussed on the prospects for further supportive measures for the housing market, predicted the chancellor was unlikely to introduce any significant giveaways in the budget and Mr Osborne didn’t disappoint.  In fact, arguably the most significant change for the housing market was a planned increase in Stamp Duty Land Tax for… Read the rest of this post (No Comments)

The first time buyer has become an endangered species

With the Christmas period behind us, the economic backdrop to the upcoming budget statement on 21 March promises to be a challenging one.   With the Stamp Duty Land Tax exemption for first time buyers due to expire on 24 March 2012, the housing market, which has been remarkably resilient given the scale of the international… Read the rest of this post (No Comments)