December 04, 2014
Agreeable Change in Stamp Duty
David Blythman, scottfraser Managing Director, takes a look at the agreeable change in stamp duty brought about in the Autumn Statement.
December 03, 2014
Autumn Statement: Stamp Duty Reforms
Today’s Autumn Statement from the Chancellor has prompted a shift in the way in which Stamp Duty is calculated. Stamp Duty Land Tax, charged on the purchase of any property, has been traditionally calculated as a single percentage of a purchase price above £125,000.
However, from midnight tonight (3.12.14), the calculation will be reflective of the proportion of the purchase price that falls in to different price bandings, as below.
December 01, 2014
scottfraser Blog: How to get ahead of...
Following on from a successful October the housing market shows no sign of slowing up with November proving another busy month. With Christmas rapidly approaching and the nights’ drawing in people could be forgiven for thinking the housing market will slow down. This is definitely a common misconception and certainly not the case in Oxford.
November 10, 2014
November Market Comment from the...
October was a great month with above target sales in all scottfraser locations.
Despite lower viewing levels and fewer fresh enquiries, the buyers that were actively looking were serious. We agreed secure sales on correctly priced new to the market properties and existing properties on which we had arranged price adjustments. We see this trend continuing into the New Year and are not anticipating the usual seasonal slowdown. Committed sellers of sensibly priced properties will be moving house!
Sellers of properties that have stalled on the market with other agents should contact us now for a free appraisal of their homes and a re-energised, pro-active marketing strategy.
November 03, 2014
scottfraser Blog: Solving the housing...
This week David Edwards, executive director for Oxford regeneration, spoke out after weeks of traffic problems due to major road works in the city. He warns that the traffic chaos in Oxford will only continue to get worse, as the demands on the city’s existing housing grows. ‘Most people will continue to work in the city and if they don’t live in the city too, everybody’s journeys will only get worse’, he said.
September 16, 2014
September 2014 Property Investment...
As always demand continues to outstrip supply in Oxford as the city attracts such high levels of interest from both investor buyers and owner occupiers. The lack of new development, and lack of scope for future development, within the confines of the ring road serves to inflate prices of existing property even further. We see the greatest extent of this in the ‘prime residential’ areas such as North Oxford, Jericho, East Oxford and Headington. This gives Oxford a unique and significant characteristic over and above the average expanding town or city.