Is Maidstone Heading Towards a House Price Crash?
By Alex KnightMaidstone house prices rose by 1.4% last month, according to the Land Registry, meaning the average annual rate of house price growth in Maidstone now stands at 11.7%. Looking at the national figures, many people were concerned...
Maidstone First-time Buyers Can Now Buy Using 5% Deposit Mortgages
By Alex KnightYet higher mortgage rates could see Maidstone buyers paying a lot more each month for the privilege Being a Maidstone first-time buyer in the last 12 months has not been an easy thing. Just before lockdown there were 400 ‘5%...
Maidstone Home Buyers £1,273,158 Windfall as Stamp Duty Holiday Extends to Sept
By Alex Knight...and new 5% deposit mortgages for Maidstone first-time buyers The Chancellor Rishi Sunak announced two initiatives to keep the Maidstone property market firing on all cylinders into 2021. Firstly, the £500,000 zero-rate Stamp
The Busiest December for the Maidstone Housing Market Since 2006
By Alex KnightOver the last six months, the Maidstone Property Market has been flourishing. As soon as an estate agents ‘For Sale’ flag went up, neighbours would be checking out Rightmove to see the internal pictures and compare the asking...
What Can Maidstone Sellers Do To Complete Before The Stamp Duty Holiday Ends?
By The Knight Edmonds TeamEven before the pandemic hit, the conveyancing work on a typical property sale would usually take between two and three months to complete. COVID-related backlogs are frustrating transactions more than normal, and sellers must act...
Selling A Home In Maidstone Shouldn’t Be Taxing
By Alex KnightAccording to a newspaper report published just before last year’s January deadline, more than 50 per cent of the nation’s stressed out self-employed, leave getting their tax self-assessment form into the HMRC to the very last...
Maidstone Property Market: Is it Time to Stamp Out Stamp Duty?
By Alex KnightMost people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak (quickly followed suit by the Welsh and Scottish Governments),...
Property Market Remains Open During Lockdown - What Do Homeowners Need To Know?
By Alex KnightIt wasn’t the greatest of starts to 2021, with the Prime Minister Boris Johnson announcing on January 4 that a new national lockdown in England would come into play from January 6, lasting until at least March 31. However, there...
The clock is ticking for buyers and sellers in Maidstone who want to get moving
By Alex Knight“Life is a Game” is a quote attributed to Mother Teresa, but it could be easily applied to property. And as with all games, there are winners and losers when it comes to selling a home. Timing always plays a part in how...