At Greyfox we believe in keeping you informed about what is going on in the property market.
Posted on Tuesday, March 16, 2021 | Market Reports
Saying that 2020 changed the way many companies do business is a massive understatement. Pivoting their strategies, businesses evolved and adapted to a new way of working with many people now working from home for the foreseeable future. With the...
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Posted on Thursday, March 11, 2021 | Buying
Are you in the process of buying a property and are wondering about getting a survey? Don’t make the mistake that far too many homebuyers still make, thinking it’s an unnecessary expense. A study carried out by the Royal Institution...
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Posted on Thursday, March 4, 2021 | Market Reports
As of 1 July 2021, there will be changes to Land Transaction Tax (LTT) in Wales. Up until 30 June 2021, LTT is payable when you purchase or lease a property above the threshold of £250,000. Therefore, currently, no tax is payable on the...
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Posted on Thursday, March 4, 2021 | Buying
The Government has announced a new 95% mortgage scheme, allowing homebuyers to pay just a 5% deposit on their new home if purchased between April 2021 and December 2022. Read more about the 95% mortgage and whether this is applicable to you...
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Posted on Wednesday, March 3, 2021 | Market Reports
Since March 2020, low deposit deals have virtually disappeared from the mortgage market, hitting first-time buyers hard, as well as those with low levels of equity in their property. During the COVID-19 pandemic, lenders saw these deals as...
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Posted on Wednesday, March 3, 2021 | Market Reports
On 3 March 2021, Chancellor Ri sh i Sun ak announced that the Stamp Duty Land Tax (SDLT) h oliday will be extended until 30 June 2021 after facing pressure to extend the deadline by three months amid concerns ...
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Posted on Thursday, February 25, 2021 | Market Reports
A year like no other 2020, a year in which the housing market defied expectations. At 7.6%, annual price growth across the UK is at its strongest since the summer of 2016. Over 129,000 homes are believed to have changed hands in December, 32%...
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Posted on Thursday, February 25, 2021 | Market Reports
At 9.7%, average annual price growth in London exceeds the UK average. Growth is currently stronger than at any point since July 2016 and considerably higher than the 1.2% fall recorded this time a year ago. Although Rightmove report average...
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