Property Investors Weekly News: 25/01/2021

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Property Investors Weekly News: 25/01/2021

How is Monday already? This is  the quickest January that we have ever experienced. It’s been all systems go for Sourcesome since the start of the year and we are now working on getting on getting the best property deals sent out to you. Last Friday we completed on our own project over in Liverpool and looking forward to sharing our refurbishment journey with you.

As always, we have collected some of the hottest property news articles for your reading pleasure. Now it’s time to sit down and get ready for some property updates. Enjoy!

Stamp duty holiday extension -MP calls for action after debate is postponed

An online petition passing the 100,000 threshold secured enough signatures to be considered for debate in parliament. However, due to the COVID-19 outbreak all sittings in Westminster Hall have been temporarily suspended, meaning that the stamp duty holiday extension may now not be debated in parliament.

https://propertyindustryeye.com/stamp-duty-holiday-extension-mp-calls-for-action-after-debate-is-postponed/

HMRC: Busiest month on record for ten years as transactions surge 31.5% in December

Latest data released from HMRC revealed that residential property transactions totalled 129,400 during the month, 31.5% higher than in December 2019 and 13.1% higher than November.

https://www.propertyreporter.co.uk/property/hmrc-busiest-month-on-record-for-ten-years-as-transactions-surge-315.html

Preston named the best city to live and work in the North West

Preston has been named the best city to live and work in the North West.

It just happens to be our investment area and we will be continuing to find our investors.

https://www.preston.gov.uk/article/3410/Preston-Named-the-Best-City-to-Live-and-Work-in-the-North-West

The North will prove hard for investors to ignore in 2021

Global real estate agent Jones Lang LaSalle recently forecast that Manchester will see the highest sales price growth and rental price growth in the UK over the next five years.

https://www.propertyreporter.co.uk/property/the-north-will-prove-hard-for-investors-to-ignore-in-2021.html

Have a great week and speak soon!

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