HOA in the news
A selection of news articles featuring the HomeOwners Alliance
04/09/17 – Estate Agent Today – Fees are vendors’ biggest concern – but only 25% are willing to negotiate
04/09/17 – Property Industry Eye – Buyers and sellers turned off by ‘pushy’ estate agents
01/09/17 – Mortgage Introducer – Fees are biggest factor for homeowners choosing an estate agent
29/08/17 – Eco Connect – Quality shouldn’t be overlooked in rush to build new homes
29/08/17 – The Times – Transparency fears over housebuilder warranties
28/08/17 – Love Money – House prices: biggest risers and fallers revealed
27/08/17 – The Sunday Times – Derelict house next door, or an avocado tree that’s shedding leaves? Our experts are on hand
25/08/17 – The Times – How to make your relocation sums add up
23/08/17 – Daily Mail – Millionaire building tycoons using staff discounts to snap up homes meant for families
19/08/17 – The Telegraph – One in ten British adults now a second-home owner
11/08/17 – Evening Standard – Brexit slump hits luxury London homes: mansion’s asking price plunges from £8m to £4m
09/08/17 – City AM – Asking prices of the UK’s most exclusive homes have been cut by £300,000
09/08/17 – Daily Mail – Luxury homeowners knock hundreds of thousands off asking prices as their properties sit unsold for months
09/08/17 – The Negotiator – Prime price discounts widening, says Home Owners Alliance
09/08/17 – AOL Money – Top-end homes ‘typically sell for around £250,000 less than asking price’
09/08/17 – Birmingham Mail – Top end homes typically sell for THIS much less than asking price
08/08/17 – Love Money – New build homes checklist: 6 essential things to do before you buy
06/08/17 – The Telegraph – “Ten years after Northern Rock: bring back 100pc mortgages to ‘fix Britain’s housing market'”
30/07/17 – The Times – What to do if your brand-new home isn’t up to scratch
29/07/17 – Daily Mail – The pros and cons of online estate agents explained
28/07/17 – What Mortgage – Average time it takes to sell a home goes up as Brexit and political uncertainty hits market
28/07/17 – Property Industry Eye – Only 55% of properties listed by agents result in a sale within six months
27/07/17 – iNews – Property market news: Foxtons estate agent profits falls by 64% after EU referendum
27/07/17 – The Guardian – Housing market still reeling a decade after financial crisis, Savills says
25/07/17 – Ham & High Property – The end of leasehold? Secretary of State cracks down on “feudal practises”
24/07/17 – The Independent – Government unveils plan to ban sale of ‘unjust’ leasehold houses
23/07/17 – Gazette Series – 250k give up on owning home
20/07/17 – The Independent – Leasehold homeowners are ‘overpaying to extend’ leases
20/07/17 – Mortgage Solutions – Councils must prove they’ve considered affordable housing, reports claim
18/07/17 – Moneywise – 10 things that will affect the value of your home
18/07/17 – Mortgage Strategy – Remortgage market needs overhaul, says Trussle
18/07/17 – Mortgage Finance Gazette – Trussle proposes a Mortgage Switch Guarantee to help homeowners on to a better deal
16/07/17 – The Times – The return of gazumping
09/07/17 – The Sunday Times – How to budget for building work – and stick to it
09/07/17 – The Sunday Times – Builders gag buyers over shoddy work
03/07/17 – This Is Money – How to negotiate house prices when buying
29/06/17 – Evening Standard – Gentrified inner London’s era of ‘location, location, location’ drawing to an end, agents say
28/06/17 – The Independent – How fraudulent property sellers could cost you thousands
23/06/17 – What Mortgage – How technology is changing the way you buy a home
22/06/17 – Estate Agent Today – Consumer group criticises estate agent industry awards
14/06/17 – Estate Agent Today – House price growth back on track in April, official figures show
13/06/17 – The Guardian – Foreign investors snapping up London homes suitable for first-time buyers
09/06/17 – Yahoo Finance – What will Theresa May’s minority government mean for the UK housing market?
07/06/17 – The Mover – House hunters get Brexit jitters
07/06/17 – Mortgage Strategy – Lender SVRs: ‘Inertia tax’ or consumer benefit?
07/06/17 – Letting Agent Today – TheHouseShop teams up with Plentific to offer more services to landlords
06/06/17 – Legal Futures – Stagnant and stable? The election and the property market
06/06/17 – Ham & High Property – Battle of the agents: top high street agents outperform online services
05/06/17 – Mortgage Introducer – Housing needs to remain the key focus
02/06/17 – Financial Times – Big Six customers pay £3,200 a year if they do not remortgage
01/06/17 – What Mortgage – Do online estate agents outperform their high street counterparts?
01/06/17 – Moneywise – Online agents outperform average – but not top – high street rivals
01/06/17 – Estate Agent Today – ‘Top High Street agents significantly out-perform onliners’ says group
31/05/17 – Negative Equity UK – Negative equity concerns recede, but will it last?
26/05/17 – The Real Deal – London’s outer boroughs see price cuts as market overheats
22/05/17 – The Mirror – Why so many homeowners are worried about leasehold – and your options if you’re locked in one
19/05/17 – Estate Agent Today – Over 250,000 ‘given up on owning a home’ claims consumer group
18/05/17 – Inside Housing – Survey reveals rising public concern over lack of housing
18/05/17 – The Negotiator – Housing crisis is deepening, says HomeOwners Alliance
18/05/17 – AOL – Aspiring homeowners ‘less optimistic’ about getting on property ladder
18/05/17 – Moneywise – Half of Brits worry about leasehold ‘nightmare’
16/05/17 – The Guardian – Leasehold now the No 1 concern for UK homeowners, study finds
16/05/17 – Estate Agent Today – Property ads may soon contain air quality information, says NAEA chief
13/05/17 – The Telegraph – High pollution is reducing house prices by 15pc as buyers reject ‘unhealthy homes’
05/05/17 – Financial Times – It’s time to get political about leasehold property
03/05/17 – Daily Express – How to resolve the five most common property disputes
02/05/17 – What Mortgage – New-build warranties failing to meet the expectations of homeowners
27/04/17 – The Guardian – Taylor Wimpey to pay up to £130m to settle ground rent scandal
26/04/17 – Estate Agent Today – Brexit forces many to reconsider property plans
25/04/17 – London Loves Business – £36,000: the value of the right estate agent
22/04/17 – Daily Mail – Lawyers could face £500million compensation bill for leaving clients in leasehold homes they cannot sell
17/04/17 – This Is Money – Should I use an online estate agent?
14/04/17 – Today’s Conveyancer – Have leasehold agreements outstayed their welcome?
13/04/17 – Today’s Conveyancer – Lifetime ISA launch: one week on
12/04/17 – The Telegraph – ‘My mother wants to sell me her house. Can I avoid using an estate agent?’
11/04/17 – This Is Money – How will Brexit really affect Britain’s property market?
11/04/17 – Today’s Conveyancer – Conveyancing Association details new membership categories
10/04/17 – The Mirror – The death of the landlord – and how it could hurt millions of others
07/04/17 – Daily Mail – Leaseholds on new-build homes set to be outlawed
07/04/17 – Daily Mail – Families with ‘toxic’ leaseholds are being trapped in ‘unmortgageable’ homes
05/04/17 – Moneywise – ‘Urgent action needed to protect leaseholders from sharp practises’
05/04/16 – Daily Mail – Thousands are stuck in short-lease homes
05/04/17 – Property Reporter – When is your home not really your home?
04/04/17 – Estate Agent Today – Consumer group claims only 2% of new-build homes are snag free
30/03/17 – The Times – Housebuilders are accused of putting quantity over quality
29/03/17 – The Independent – Buyers caught out by limits on living
28/03/17 – Property Reporter – Brexit wobble for UK house hunters
28/03/17 – Estate Agent Today – Brexit jitters have hit sales volumes, claims consumer group
28/03/17 – City AM – Over 1m people have put off moving house because of Brexit
28/03/17 – Property Investor Today – Brexit uncertainty prompts decline in UK property sales
27/03/17 – This Is Money – I need to sell my house in a fortnight or I’ll lose my dream home – what can I do?
27/03/17 – This Is Money – Is it time to ban estate agents from offering financial services? Expert warns it’s a ‘clear conflict of interest’ which is being abused
24/03/17 – Express – Property price surge in Brexit areas that overwhelmingly voted to leave EU
18/03/17 – The Sun – From bullying bailiffs to bricks and mortar: our experts share advice
17/03/17 – The Mirror – Gazundering reborn: The new threat to homeowners explained and how you can beat it
11/03/17 – Guardian – Why are Britain’s new homes built so badly?
10/03/17 – Metro – The great mortgage fix: how estate agents trick buyers into spending more
08/03/2017 – Daily Mail – Six ways the government can help leasehold property owners
07/03/17 – Estate Agent Today – Conveyancers publish consumer guide to lease administration fees
04/03/17 – Mortgage Finance Gazette – Fixing Britain’s broken housing market
04/03/17 – Love Money – Solving the UK housing crisis: more builders, less red tape and other ways to fix the property market
28/02/17 – Today’s Conveyancer – Bovis billed £7m to compensate owners of poorly-built homes
24/02/17 – Today’s Conveyancer – HMRC January property transaction data
20/02/17 – Guardian – Bovis to pay £7m to compensate customers for poorly built homes
16/02/17 – Guardian – New home owners gagged over poor build and compensation claims
15/02/17 – AOL – Brexit supporters see house prices soar fastest
15/02/17 – Telegraph – ‘Greedy’ estate agents cost sellers £20,000 by overvaluing their home
15/02/17 – WhatMortgage – Areas for homeowners to watch once Article 50 is triggered
15/02/17 – The Sun – Property prices are rising faster in regions that voted for Brexit
12/02/17 – The Sunday Times – 16 ideas to improve your home
12/02/17 – The Sunday Telegraph – First came the man cave, now the gran cave is all the rage
11/02/17 – Daily Mail – Now estate agents charge £1000 reservation fee
10/02/17 – Today’s Conveyancer – Housing White Paper: Professional opinion
07/02/17 – This Is Money – Bovis buyers who became victims of rush to build
07/02/17 – Money Marketing – Industry reacts to Govt Housing White Paper
07/02/17 – Daily Mail – How the Housing White Paper affects you
06/02/17 – Guardian – Directors of new homes warranty firm criticised for lack of independence
05/02/17 – Guardian – New homes warranty firm pays millions to leading homebuilders
04/02/17 – Bristol Post – Bristol estate agent sells houses in average of just 12 days
02/02/17 – Moneywise – Sell your home in 12 days to gain maximum returns
01/02/17 – Moneyfacts – 12 days – the perfect time to sell a home
31/01/17 – Mirror – This is how quickly you need to sell your house to get the most money
31/01/17 – Telegraph – How to make the most from selling your home: Study reveals ideal length of time for property to be on the market
23/01/17 – WhatInvestment – How to avoid property fraud
19/01/17 – Estate Agent Today – Instruct agents with largest local share, advises consumer group
17/01/17 – Telegraph – East of England leads house price recovery despite slump in transactions
16/01/17 – Daily Mail – Our extension is half-finished and the builder is asking for another £40 to cover increased costs before finishing – can he do this?
16/01/17 – Evening Standard – End of the £300,000 London home is in sight, experts warn
09/01/17 – Property Industry Eye – HomeOwners Alliance launches new attack on ‘untruthful’ estate agents
09/12/16 – The Mirror – Property lawyer using Christmas to squeeze extra £200 out of families
08/12/16 – Homes & Property – Pros and cons of buying above a London shop
24/11/16 – Manchester Evening News – What does the Autumn Statement mean for housing?
15/11/16 – What House? – How to stage your home
03/11/16 – Argus, Brighton – Buyers saving thousands using, estateagent4me has found
03/11/16 – Daily Mail – Our member’s 5-year-old daughter hospitalised after inhaling mould in new build home
31/10/16 – Portsmouth News – Homebuyers in Hampshire get £7k off asking price
20/10/16 – Kent Online – Where can you haggle the best discount on a new home in Kent?
October 2016 edition – The London Magazine – Naomi Rennard discusses short leases – the pros and cons
20/10/16 – Share Radio – Katherine Binns from HomeOwners Alliance explains whether property owners live longer.
17/10/16 – Home Designer and Architect – Homebuyers in Kent save on average £4100 off the asking price
16/10/16 – The Sunday Times – Good news for those already on the ladder: homeowners live longer
14/10/16 – Moneywise – If you own a property, you could live longer
14/10/16 – Housing Net – New analysis shows that if you own your own home, you are likely to live longer
14/10/16 – Property Reporter – Are you likely to live longer if you own your own home?
14/10/16 – Landlord News – If you own your own home, you will live longer, say HomeOwners Alliance
14/10/16 – Housing Excellence – Life just isn’t fair, and it’s likely longer for homeowners too
14/10/16 – Telegraph & Argus – Homeowners ‘may live longer’
07/10/16 – City AM – The Chancellor’s housing plans need to cater to everyone’s needs, including downsizers
03/10/16 – Mortgage Strategy – Further housing measures called for as Government announces new build investment
03/10/16 – Daily Mail – Some 250,000 new homes will be built on abandoned shopping centres and other brownfield sites under £5bn plan unveiled by Sajid Javid
‘It’s not just their moral duty to build these homes. We would remind Ministers and home builders that it is also their moral duty to build homes that are fit for purpose; so high quality homes that meet the requirements of not only first time buyers but of last time buyers as well.
‘We must build homes people would be proud to live in, not that make the most profit for the builder.
‘More homes will not be enough to tackle the ever widening gap between wages and house prices and needs to look at ways to help the current generation that is priced out.’
28/09/16 – Rentman – Property Ombudsman set to crack down on ‘portal juggling’
27/09/16 – Telegraph – Boost for home buyers as ‘portal juggling’ scam which inflates prices by 10pc is banned
27/09/16 – Mortgage Solutions – Ombudsman to tackle rigging of online property portals
27/09/16 – Property Wire – UK Property Ombudsman steps in to outlay portal juggling in the residential community
22/09/16 – Telegraph – Should home sellers, not buyers, pay stamp duty?
20/09/16 – Leeds City Magazine – Leeds House Prices sell for 100% of their asking prices
14/09/16 – Development Finance Today – HomeOwners Alliance: Brexit three months on
14/09/16 – Property Reporter – Three months after Brexit – where are we now?
14/09/16 – Just Landlords – How is the property market performing 3 months after Brexit?
14/09/16 – Landlord News – 10 Ways to Keep On Top of Your Household Budget
13/09/16 – Mortgage Strategy – House prices continue to grow but pace slows
08/09/16 – The Mover – House sales predicted to slow after Brexit
08/09/16 – Today’s Conveyancer – HomeOwners Alliance Survey 2016 – Housing crisis not meeting the needs of the last time buyer
04/09/16 – The Negotiator – 500,000 homeowners aged 55+ want to move…
01/09/16 – Wales Online – House prices in Wales INCREASED the month after Brexit despite property market fears
01/09/16 – Wilson Wright Partner Blog – SDLT surcharge support on the rise amidst housing shortage fears, says study
01/09/16 – Bowden Jones – Conveyancing Association continues unabated with leasehold campaign
31/08/16 – Shropshire Star – How to stage your home to add value and sell fast
29/08/16 – Daily Mail – Building more bungalows could ease housing crisis
25/08/16 – Punchline Gloucester – Older people trapped in large homes by shortage of bungalows
25/08/16 – Property Industry Eye – Public’s concern over estate agent fees continues to abate
24/08/16 – Daily Mail – Half a million over-55s are trapped in large houses because of a chronic shortage of bungalows
24/08/16 – Property Reporter – London remains hotspot for housing concerns
16/08/16 – This Is Money – Our members’ experience: Beware the scavengers hijacking property sales: Agents look for homes selling in the classifieds then charge owners a hefty fee
16/08/16 – Estate Agent Today – PropTech firm links with consumer group to push ‘Find A Pro’ offer
16/08/16 – Housebuilder & Developer (page 11) – Government needs to be more creative with industry to alleviate lack of affordability
16/08/16 – Bristol Property Live – Free service for stress-free selling
15/08/16 – Just Landlords – Find a local Tradesman with this new service
08/16 – The Mover (page 6) – House sales predicted to slow after Brexit
11/08/16 – Bristol Post – There is now a website which tells you the estate agent in Bristol that is best for you
08/08/16 – Crawley Observer – Homesellers in Crawley “likely to get the full asking price”
03/08/16 – The Lifehouse Co – Get on the property ladder – and bring a friend!
“Buying with friends or a loved one is, for some, the only way to get a foot on the housing ladder,” they explain. “Pooling your resources will give you a bigger deposit, which often means being able to afford somewhere with more space, and household bills can be split to make savings. However, you could find yourself seriously out of pocket if you don’t protect yourself financially.
02/08/16 – Telegraph – It’s simple – we need to build more houses – Paula Higgins article
28/07/16 – Property Reporter – Top Tips on staging your home to ensure a faster sale
23/07/16 – TalkRadio – The Radio Hustle with Alexis Conran – interview with Paula Higgins regarding property fraud
23/07/16 – Daily Mail – Bungalow building crisis sees older homeowners ‘trapped’ in large houses and unable to downsize because developers refuse to build the ‘land hungry’ properties
22/07/16 – Property Wire – Lack of suitable housing prevents over 55s in UK from moving
22/07/16 – Moneywise – More first time buyers now rely on Bank of Mum and Dad
21/07/16 – Property Industry Eye – Last-time buyers having as many problems as first-time buyers
20/07/16 – BBC Radio – The Mark Forrest Show – interview with Paula Higgins regarding homeowner disputes
20/07/16 – Daily Mail – Half-a-million over-55s struggle to move as they can’t find homes with the space, parking, garden and running costs they need
20/07/16 – Your Money – Lack of suitable properties leaves older homeowners stuck
20/07/16 – What Mortgage – Lack of suitable housing for over-55s preventing millions from moving up the property ladder
20/07/16 – Express – Millions of older homeowners ‘not helping themselves live independently’
Almost one in five (19 per cent) of older homeowners have considered moving since 2014 but have not done so, according to consumer group the HomeOwners Alliance and BLP Insurance.
Of these, 23 per cent said a lack of suitable housing was the main reason why they had not done so – this equates to more than 500,000 people across the UK.
20/07/16 – Yahoo! Finance – Fifth of homeowners aged over 55 ‘can’t move due to lack of suitable properties’
13/07/16 – Mortgage Introducer – MPs call for new build Ombudsman service
09/07/16 – The Times – Our Membership Manager Naomi Rennard quoted as guest expert – new build vs old build
07/07/16 – Moneywise – House price annual growth slows to 8.4%
30/06/16 – YourMortgage – Choose your estate agency with certainty through HomeOwners Alliance’s new service
30/06/16 – YourMoney – How to avoid the hard sell: new estate agent site shows you past performance
24/06/16 – What House? – EU referendum result – property industry opinion
22/06/16 – YourMoney – Buying property off plan: the pros and cons
20/06/16 – Telegraph – Never mind first-time buyers – it’s second steppers who are really struggling
“People get into their first property and think they’ve made it. The reality is quite different. To get your own front door costs a lot more,” she said.
“They get stuck in properties that aren’t suitable for them, which is a real concern, especially when children are involved.”
15/06/16 – Moneywise – How to find the best estate agent based on performance
“Sadly, one of the main reasons homeowners get in touch with us is because they get into problems with their estate agent. We hope this tool will get homeowners asking the right questions from the start.”
14/06/16 – Estate Agent Today – The influential consumer property body HomeOwners Alliance says Purplebricks-style hybrid estate agencies may be “the future”
14/06/16 – Bristol Post – Thinking of selling your home? Here’s how to check the performance of estate agents in Bristol
06/06/16 – What Mortgage – What to do if your new-build home has faults
06/06/16 – FlatLiving – What to do if your new build home has faults
04/06/16 – Telegraph – Couple’s picturesque garden ruined by Woodland Trust’s ‘sprawling wall of trees’
04/06/16 – Daily Mail – It’s daylight robbery! Retired couple’s suntrap garden cast in shade by Woodland Trust’s 20ft-high ‘wall of trees’
01/06/16 – Share Radio – Consuming Issues: Home-owners could switch mortgages in seven days. Listen to Paula Higgins from HomeOwners Alliance
30/05/16 – Development Finance Today – New Homes Ombudsman to support owners over faulty homes
23/05/16 – YourMoney.com – Selling your home: should you use an online estate agent?
23/05/16 – Housebuilder & Developer – All Party Parliament Group recommendations to tackle the poor quality of new home
23/05/16 – Landlord News – Political Group Calls for Measures to Tackle the Quality of New Build Homes
“Buying a new home should mean years of worry-free ownership. Yet that is not always how it turns out. A new homes ombudsman should help to support owners to get their faulty home fixed.”
22/05/16 – Financial Times – MPs call for action on quality of new-build homes
12/05/16 – Share Radio – Listen to our chief executive Paula Higgins discuss the results of our homeowners survey on Share Radio
11/05/16 – Property Wire – More people in UK want to buy a home but are concerned about rising prices
11/05/16 – Property Industry Eye – Housing crisis is getting worse, says HomeOwners Alliance
11/05/16 – Scottish Housing News – 70% of Scots concerned about housing availability and saving for deposit
09/05/16 – What House? – Should homeowners pay off their mortgage early?
08/05/16 – Telegraph – First-time-buyers rush to borrow thousands – here’s how it could go wrong
There is also concern that the new-builds offered under Help to Buy are selling at a premium – leaving borrowers’ equity at risk. Ms Higgins said: “If you buy a new-build, it’s like buying a new car: it loses its value quickly. If these first-time buyers want to move, they’re going to be stuck.”
There is also concern that the new-builds offered under Help to Buy are selling at a premium – leaving borrowers’ equity at risk.
Ms Higgins said: “If you buy a new-build, it’s like buying a new car: it loses its value quickly. If these first-time buyers want to move, they’re going to be stuck.”
05/05/16 – Landlord News – HomeOwners Alliance reviews House Price data for the year
04/05/16 – Bristol Post – Should you pay off your mortgage? Featuring HOAs guide
27/04/16 – What House – Homeowner Survey 2016 shows support of new stamp duty surcharge
22/04/16 – Todays Conveyancer – Homeowner 2016 survey shows twice as many support new stamp duty surcharge as oppose, despite loud opposition from landlord groups
22/04/16 – Property Wire – Survey reveals many home owners support additional home stamp duty charge
22/04/16 – Financial Times – Buy-to-let stamp duty will help first time buyers, says poll
“This is why we initially called for the tax system to differentiate between aspiring homeowners and property investors.”
22/04/16 – Property Industry Eye – Members of public approve of Stamp Duty surcharge on second homes
22/04/16 – City AM – YouGov Poll: Twice as many people support buy-to-let tax hike than oppose it
22/04/16 – Estate Agent Today – Consumer group claims strong public support for stamp duty surcharge
19/04/16 – This Is Money – Beware the builders flogging shoddy new build homes
15/04/16 – Evening Standard – London £750,000 neighbourhoods on the rise
April 2016 – Housebuilder & Developer Magazine – How will a Brexit affect homeowners?
01/04/16 – Evening Standard – Stamp duty deadline: Last-minute rush to complete drives £17bn of second home and buy-to-let sales in two weeks
24/03/16 – Burton Mail – How a Brexit might affect homeowners
22/03/16 – HousingExcellence – If Britain opts for the Brexit, how might this affect homeowners? Written by Paula Higgins
22/03/16 – EstateAgentToday – Homeowners’ consumer group says Brexit may lead to house price falls
The HOA – a group which in the recent past has won considerable media attention and has been included in National Trading Standards Estate Agency Team consultations – gives a cautious warning on the possible perils of exit.
21/03/16 – Selfbuilder & Homemaker – HOA on how a Brexit might affect homeowners
21/03/16 – YourMoney – Eight ways a Brexit might affect homeowners – Written by Paula Higgins of the HomeOwners Alliance
20/03/16 – Sunday Times – Life’s no longer a beach for BTL landlords
16/03/16 – Daily Mirror – 10 ways George Osborne’s Next Generation Budget is harming young Brits
Paula Higgins from the HomeOwners Alliance said: “The Government is pushing ahead with introducing an overly complicated system that could harm many of the very homeowners they are trying to help.”
16/03/16 – MortgageIntroducer – Budget 2016: Stamp duty reform helps and harms. Paula Higgins, chief executive of the HomeOwners Alliance, believes that some of the government’s Budget changes today will help homeowners but there are others which will harm.
16/03/16 – EstateAgentToday – Budget: Further stamp duty surcharge details expected today
is looking forward to seeing the details of how the stamp duty surcharge will work.
“Parents helping their children to buy, and those going through family breakdown should not be penalised,” she argues.
“For example, if a couple separates and the man buys a flat close to the family home while he is still named on the mortgage of the original marital home then he will have to pay the 3% surcharge even though he is buying a home to live in.”
She says downsizers may also suffer if the government insists that the 3% is paid upfront.
“Homeowners thinking of downsizing could be deterred from selling as they may need to find additional thousands of pounds to complete their move,” she says.
15/03/16 – WhatMortgage – Budget 2016: Round up of views – read our thoughts on stamp duty surcharge
08/03/16 – GrowthBusiness – Property Partner raises £16m as London’s ‘proptech’ scene expands
Proptech: the answer to declining home ownership?
Britain’s home ownership has fallen from a peak of 73 per cent in 2007 to below 61 per cent at the end of 2015 . According to Paula Higgins, chief executive of the HomeOwners Alliance, the nation has a ‘home ownership gap’ of about five million households – people who want to live in their own home, but have to rent instead. “Buying your first home is no longer a joyful rite of passage for young adults, but returning to being a privilege of elites,” she said.
01/03/16 – This Is Money – Why the small print for your retirement home could cost you £20k: Housing firms sting thousands with hidden fees
17/02/16 – Evening Standard – Build more homes for Londoners
05/02/16 – Bristol Post – Own a leasehold? You need to know about the 80-year-rule
02/02/16 – Moneywise – Landlords issue legal challenge over buy-to-let tax changes
“And for people downsizing, if someone buys a new property before disposing of the old one, they’ll need to stump up the stamp duty. It could be claimed back, but that could take 18 months.
“If you’re downsizing, often with new homes, you don’t control when you buy, and it’s more important to find the new one before you sell the family home. “They’re asset rich, cash poor, and they’ll need to find an extra 3%.”
02/02/16 – 4 Traders – Why house sellers are looking to make online move
“This is the high street estate agents’ own fault,” she said.
“They do nothing to instil trust in their customers and are not transparent about how much they charge.”
02/02/16 – Bristol Post – Stamp duty surcharge: will you be caught out?
“The ridiculously complex way they are planning to introduce the scheme will end up harming many of the very homeowners it is meant to help, and lead to widespread confusion among home buyers. We are already being contacted by distressed home buyers who have worked out they will be caught by it, and not be able to buy the home they want to.
“Rather than push ahead with a well-intentioned but dangerously flawed scheme, it should go back to the drawing board and put it right.
“It is really simple – no one should pay the stamp duty surcharge if they are going to buy a home to live in, and home owners need confidence that will be the case. However, if you are buying a residential property for any other purpose, you should pay the surcharge.”
01/02/16 – Property Wire – Consumer group blasts new second home property tax as dangerous and flawed
01/02/16 – Estate Agent Today
17/11/15 – Channel 4’s Dispatches – HOA is featured on C4’s award-winning investigative current affairs programme Dispatches, highlighting problems with many new build homes