Richard Carr looks at what will influence the property market in 2018

It could well be a better year for the UK’s property market as a whole, and particularly for tenants and first-time buyers. Various changes in government policy and an increase in construction projects look set to boost the fortunes of those looking to get started on the property ladder. Continue reading

How the south coast property market is changing

Showing yet again that the property market is withstanding the economic uncertainty surrounding the Brexit negotiations, the student housing market in particular is booming.

JLL (corporate investment property experts) predict that the student housing market will account for £1 in every single £10 invested in commercial property by the end of the year. Continue reading

How can we fix the UK’s housing problem?

One of the biggest news stories from this year’s Autumn Budget, announced by the UK Chancellor Philip Hammond earlier this month, was that first-time buyers are going to be given a leg up on to the housing ladder through a major change to the rules on stamp duty. The Chancellor announced that the Government will abolish stamp duty on homes under £300,000 – a move that could have a huge impact on many people who are trying to purchase their first home. Continue reading

How flexible working could affect commercial property

The rise of flexible working and the phenomenon of renting desks rather than whole spaces is changing the way commercial property is managed.

It’s likely that an increasing number of large commercial spaces will be altered and converted into smaller units. These would be designed specifically to attract smaller tenants, including sole traders, start-ups and SMEs. Continue reading

Should the UK abolish Stamp Duty Land Tax?

A new report from the Adam Smith Institute lays out compelling reasons for the abolishment of the Stamp Duty Land Tax (SDLT) in the UK.

There are arguments to support the idea that stamp duty on the sale of property is jamming the housing market, forcing people to stay in houses that are too large for them, and preventing people from moving areas to access the jobs they need. The report states that stamp duty is the most damaging tax in the UK, and that the Chancellor should have scrapping it at the top of the agenda in the run up to November’s budget. Continue reading