Property News In Holland Park, Central London

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The Busy Summer Market 18 July 2017

THE BUSY SUMMER MARKET While everyone is almost conditioned to believe that the summer is the quietest time of the year, it is in fact the busiest time of the year for the Lettings Market. Countless renting families usually move during the summer holidays because they want to be settled into their new home in time for the beginning of the school year.... Read More

With Distance comes Perspective 01 June 2017

WITH DISTANCE COMES PERSPECTIVE In just over a week the "E" word will be one that can be consigned to the back of our minds for what we can only hope will be, this time, a good number of years. Whatever the result may be, the world continues to turn, and as we collectively wake from the slumber inducing buzzword fest of another "E" campaign, we find ourselves smack in the middle of what usually is the busiest time of year for buying and selling property.... Read More

Downsizing - The great opportunity 25 May 2017

DOWNSIZING - THE GREAT OPPORTUNITY When the kids have flown the nest and you"re hardly ever going above the first floor and rattling around like peas in a tin can, downsizing is a great option which releases stacks of cash and still gives you a great house to live in.... Read More

Secret Agent or Town Crier? 27 April 2017

SECRET AGENT OR TOWN CRIER? With the property press full of stories highlighting recent low transaction volumes, there has been a tendency among potential sellers to offer their house on an off-market basis only and hide its availability from the wider market.... Read More

Birds of a Feather 27 March 2017

BIRDS OF A FEATHER The housing market is often thought of and described as one entity by professionals and punters alike, and it"s either up or down, bullish or bearish, a good time to sell or time to hunker down and wait for better times. The reality of course is a little different.... Read More

Why Avoiding Stamp Duty is a Bad Idea 08 February 2017

WHY AVOIDING STAMP DUTY IS A BAD IDEA The 3% increase in Stamp Duty that came into force in April last year for investment properties and second homes has predictably brought a new wave of tax avoidance schemes. Several companies are claiming to be able to use loopholes in the law, backed up by high-profile legal advice, to legally mitigate stamp duty owed when buying a property.... Read More

Recent Changes in Tax for Landlords 18 January 2017

THREE WAYS TO COPE WITH LOSING BUY-TO-LET TAX RELIEF If you"re a buy-to-let landlord, you must be feeling that Government has got it in for you. First they slashed tax relief, and then they added extra stamp duty. This has clearly had an impact on your profits but what can you do about it? What"s changing? Current legislation allows you to claim tax relief on your mortgage interest payments at your normal rate of tax – ie if you are in the 40% tax band, you can recover 40% relief.... Read More

Has the post-Brexit market taken shape? 04 November 2016

The Big Picture With hardly enough time to even blink since the Referendum, there is little chance of any analyst claiming that the post-Brexit market is anything other than uncertain, unclear and, at the very least, lacking in definition. Reactions to Brexit Following the Referendum, three things became clear: There was an immediate reduction in prices by 5 – 10% The devaluation of Sterling began attracting more overseas investors Stamp Duty continues to be the biggest roadblock on the market The immediate price reduction of 5% – 10% following the vote was triggered by buyers reducing their offers (mostly the very next morning) and committed sellers having to roll with the punches or lose their purchaser.... Read More

Guide to Letting Property in Central London - Part V: Property Management 01 August 2016

At John Wilcox we have an extensive understanding of the lettings market in Kensington and Chelsea, Holland Park and Notting Hill, and we have put together a five-part guide to the process which we hope will give you a good idea of the how to get the most from your property.... Read More

Guide to Letting Property in Central London - Part IV: The Lettings Game from the Tenant`s POV

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