Rightmove: UK property remains a sellers’ market,
Eight in 10 properties listed for sale on the website in the area have already had offers accepted: https://www.bbc.co.uk/news/business-59223101
H.M. Land Registry fees set to soar from January
Land Registry fees for registers and transfers of title are to rise by up to 21% in January. https://www.lawgazette.co.uk/practice/land-registration-charge-to-soar-from-january/5110387.article
Evictions: Repossession claims by banks have surged by 50%
repossession claims by banks have surged by 50 per cent, rising from 750 in May to 1,160 in June, according to data from the Ministry of Justice. It means repossessions are already back to 58 per cent of levels seen before the pandemic. https://www.dailymail.co.uk/money/mortgageshome/article-10157027/Banks-court-ramp-repossessions.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 https://twnews.co.uk/uk-news/banks-go-back-to-court-and-ramp-up-repossessions
House prices could rise by 35% by 2025
Estate agent Strutt & Parker forecasts ‘best case’ 7% growth for 2022: https://www.thisismoney.co.uk/money/mortgageshome/article-10177319/House-prices-grow-35-2020-2025.html
Loophole to close on thousands of second homes tax and business rates
The Government will close a loophole which enables second home and holiday let owners avoid paying council tax and business rates. Cornwall Council and Cornwall’s MPs have campaigned for years to get the loophole closed and ensure second home owners pay council tax or business rates. It has previously been claimed Cornwall misses out on…