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The TENANT Stamp Duty Charge that could significantly cost renters if ignored

London lettings and estate agent, Benham and Reeves, has highlighted how the nation’s renters could find themselves paying significant penalties due to a little-known law that may require them to pay Stamp Duty Land Tax (SDLT) despite not actually owning their rental property. SDLT has been a focus of the mainstream media ever since the …

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Demand for London’s high-end homes climbs in Q4

The latest property market analysis by London lettings and estate agent, Benham and Reeves, reveals which Prime London markets have experienced the strongest growth in demand during Q4 2021.

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Home maintenance costs increase by as much as 17% across the UK

The latest property market analysis by London lettings and estate agent Benham and Reeves, has revealed how the cost of maintaining our homes this winter is as much as 17% higher than it was this time last year. Benham and Reeves analysed the average cost of maintaining a property which can include everything from cleaning …

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London homesellers enjoy corner plot house price premium of up to 44%

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that London homes that are built on a corner plot command an asking price up to 44% higher than other homes in the area. Because homes that are built on corner plots are not surrounded on all sides by …

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London homebuyers saved £1.019bn during the stamp duty holiday

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed the full extent of how the stamp duty holiday impacted the capital’s property market, saving London homebuyers over £1bn since it first launched at the start of July last year. Last week, the government released its latest house price …

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Staging your home could add £47,000 when selling

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that staging your home during the selling process could boost your sale price by as much as £47,000. Staging is generally considered to be an American property market import, but it really just requires a few finishing touches in …

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Short-term lets can boost rental incomes by as much as 78% per month

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed how short-term lets can boost rental incomes for landlords by as much as 78% across the nation’s major cities. Benham and Reeves analysed the current average asking rents for both short and long term lets across eight major cities. …

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London rents forecast to increase 5.5% in 2022 as current market values breach pre-pandemic levels

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that rental values across the capital have not only bounced back versus the pandemic dip experienced in 2020, but have also breached pre-pandemic levels in all but three areas. The research shows that between 2019 and the initial pandemic …

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The UK’s scariest house price drops since last Halloween

The latest property market analysis by London lettings and estate agent, Benham and Reeves, reveals which parts of the UK have experienced the scariest house price drops since last Halloween. Since the start of the pandemic, or at least since the government’s introduction of the SDLT holiday in reaction to the pandemic, the UK housing …

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Decline in London rental stock pushes rents up by hundreds a month

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed how the cost of renting in London has climbed by hundreds of pounds a month due to dwindling rental stock levels and could continue to do so if the issue is not resolved. Benham and Reeves analysed both the …

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25 years of stamp duty – homebuyers see 490% tax cost increase

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that in the last 25 years, the cost of stamp duty has increased by 490% for the average homebuyer. Now that the stamp duty holiday is done and dusted, the average homebuyer in England will once again pay the …

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Prime London market sees a 5.8% increase in buyer demand during Q3

The latest Prime London Demand Index by long-standing lettings and estate agent, Benham and Reeves, has shown that homebuyer interest in London’s high-end market has increased 5.8% annually for homes listed at £2m and above and 1.8% across the £10m+ market.

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