What has been happening in January?
We entered the new year with renewed hope as the revolutionary work undertaken by scientists saw several vaccines become available thus allowing the worldwide vaccinations to commence.
January 2021 saw the UK property market react incredibly positively to this light at the end of the tunnel and the renewed vigour resulted in record levels of interest with agreed transactions continuing apace.
Stamp duty holiday to be extended?
The stamp duty holiday is a hot topic with MP's now discussing a possible extension. There is no doubt it has been a qualified success and with a substantial amount of completions still to take place, an extension would be extremely prudent and would continue to drive the residential transactions needed to compliment the purchases by investors. More information here.
UK announced as the most popular location for overseas investment
DLA Piper recently undertook a comprehensive summary which assessed overseas investors and their desired locations for investment in 2021. Read here for the results. The results are very interesting....
Birmingham's future revealed
Birmingham is the top of many investors lists and it is easy to see why with more future plans for the development of the city released this week. A truly dynamic plan for the next two decades. More here from Construction enquirer.
Freehold houses have been all the rage this month as we launched the first ever opportunity to buy houses with a monthly payment plan. Truly unique and with no lump sum required, investors have been quick to take advantage.
Will the stamp duty holiday be extended? Fear not, see below for a Birmingham investment opportunity where we will contribute towards your stamp duty anyway.
As always, please do not hesitate to get in touch to discuss any of the topics touched on above or anything related to UK property. We look forward to hearing from you.
Regards, Thrive Team