Recently, many high street estate agents have come under attack for overvaluing properties in order to attract more stock. In a slow Prime Central London property market, it is easy to see why. Research conducted by The Guardian claimed that some estate agent chains are overvaluing properties by up to 25% in order to get […]
Tag: Properties South Kensington
24 Feb Top 5 Property Turn Offs
When it comes to selling your home, the process can be difficult enough without the added issues of actively turning buyers off. These things may sound like common sense, but all too often they are overlooked or forgotten about. So, here at Walton Estates we thought it would be a good idea to list out […]
Successive increases in stamp duty including the buy-to-let surcharge of 3% on second homes last April has failed to dampen Stamp Duty receipts. According to government figures, Stamp duty surcharge on buy-to-lets generated nearly £1 billion of revenue in the last 6 months of 2016. Overall Stamp Duty on residential homes climbed to £8.28 billion […]
The average asking price of a property in London has increased by more than £30,000 since the start of 2013, according to figures from property website Rightmove, and is now comfortably through the half-a-million pound mark, at £515,243. It sounds a lot, but in some parts of the capital it is small change.