The School holidays are well underway, and we know how difficult it can be to keep the kids entertained. With the cost of living on the rise, it can be difficult to prioritise where your hard-earned cash goes, especially if you’re saving for a property, or have a mortgage to pay, so we’ve come up... View...
The housing market heatwave across Great Britain continues this month, as temperatures soar up and down the country. Property portal Rightmove reports that asking prices have hit a record-high for the sixth month in a row, rising by 0.4% (+£1,354) to £369,968. In London, the average is now £692,828. You can find out the value... View...
Many of us have a vision of our perfect kitchen or several mood boards on Pinterest. But, a full-scale renovation may not be in the pipeline for the moment due to the increase in the cost of living. This doesn’t mean that you can’t make a change that will improve your kitchen and give... View...
It was announced today (July 1 2022) that David James Estate Agents are the proud sponsors of Mapperley People. Mapperley People is a community news page for the area around Mapperley (Postcodes NG3-5), which makes us the ideal sponsor, having branches in Mapperley, Carlton and Arnold. What started as a Facebook page a couple of... View...
As you may have heard in the news the government released the Fairer Private Rented Sector White Paper on the 16th June 2022. This document outlines the changes to legislation that they intend to make to reform the Lettings industry. This has been expected for some years now, but we now have a better idea... View...
Money Expert, Martin Lewis, has issued a warning to homeowners and advises paying a booking fee to secure the best mortgage deal now amid the cost of living crisis. Returning to our screens, the finance expert calls the current situation a ‘ticking time bomb’ and said homeowners should: “Prepare in advance and... View...
On the 24th May 2022, the Executive Board of Nottingham City Council approved plans for a new Selective Licensing scheme to come into force when the current designation ends in 2023. Full details of the announcement can be found HERE. The press release has been at pains to point out that this is NOT a... View...
Been meaning to do that Spring clean but putting it off? There are some things that we tend to do every day when it comes to keeping our homes clean, such as vacuuming the carpets in high traffic areas, a quick spray and tidy up. But in just seven days, you can deep clean your... View...
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There are three rates of stamp duty land tax which could be applicable to the purchase of a property and are dependent on your circumstances.
If you are a first time buyer, then there no stamp duty to be paid on the first £300,000 of the purchase price of a property valued below £500,000.
If you are buying a property as a second home or investment, or you are retaining your current property whilst purchasing a new principal residence, you will be liable for a stamp duty surcharge of 3%. In the latter circumstance, the stamp duty surcharge payment is refundable if the property you have retained is sold within three years of your purchase date.
For more information, please visit: Money Advice Service
