The suburbs of north east London have been enjoying a particularly strong rise in house sales. Snaresbrook, Upminster, Walthamstow and Stoke Newington have seen transactions rise significantly during lockdown. Government assistance with the stamp duty holiday and ‘help to buy’ has certainly helped.Share This:-
The Chancellor is reported to be extending the stamp duty holiday by three months until the end of June in next Wednesday’s Budget (3rd March 2021). Conveyancing solicitors are adjusting to the flow rates of new instructions.Share This:-
An inexorable rise in the price of London property has recently been recorded by the Land Registry. Buyers, who were scratching at their walls during lockdown, have been unleashed to purchase larger properties, along with many basking in the rays of the stamp duty holiday.
Conveyancing solicitors are enjoying dealing with these new instructions.Share This:-
On the 31st July 2020 the Prime Minister’s Office announced that Her Majesty The Queen had been pleased to approve the appointment of Sir Geoffrey Vos as the Master of the Rolls from the 11th January 2021 in succession to Sir Terence Etherton.
It is interesting to note that 6 out of 7 of the most recent incumbents of this judicial office have been of the jewish faith the others being Lords Woolf, Phillips, Neuberger and Dyson.
We find that jewish solicitors are often particularly sought after because of their perceived quality traits of intelligence, shrewdness, toughness and integrity.
If you are looking to find such a solicitor please do not hesitate to call us.Share This:-
A fairly good demand for premium office space exists in London in the days leading up to Brexit, on the 31st January 2020, since the Conservative win in last month’s general election. However tenancy agreements have yet to be fully negotiated. A large surge in refurbishment and building has been forecast by commentators for the first six months of this year.Share This:-
London is first for commercial property investments followed by Paris largely due to the expanding tech sector.
The UK restaurant sector however is facing uncertain times with nearly 1500 insolvencies in the year to July due to the large volume of establishments, poor customer attendance and increasing costs.Share This:-
Property prices in prime central London have recovered to that seen a year ago. Gazumping is also on the increase due to competition.
Mayfair has seen the largest increase in residential sales whilst losing the biggest number of commercial tenants to the City.Share This:-
Central London has seen a large uptake in office space over the past four weeks. This has been dominated by the creative industries such as advertising and public relations agencies and fintech firms. Figures are up by almost one third on October last year. Off plan leasing deals have also increased dramatically with more than half of the buildings currently being built having deals undergoing due diligence by London solicitors.Share This:-
Due to the recently recorded fall in established landlords entering the property market making buy-to-let investments there are unrivalled opportunities for new entrants. This has been perceived by a drop in serial investors mortgage approvals by more than half over the last quarter.Share This:-