Posts tagged ‘house price’

According to the website ‘Home’, which uses data from virtually every property portal and website in the UK, the average length of time a property is now on the market before a buyer is found  has risen to 241 days, the longest since its records began in 2004. 

Before the credit crunch, average time on the market was just 60 days.

 Home says:  “last year, asking prices barely changed, moving up by just 0.6%. However, big … Continue Reading

January will see the increase of VAT from its current 17.5 % to 20% Eeek! ….VAT of course is felt most on big ticket items, like your estate agency bill.

Did you know that, based on the average house price of £167,000 and by using an average estate agents fee of say 1.5% your total estate agency costs are going to be £2943 and £438 pounds of this cost will be the VAT? This might go a little way to explain why nearly all estate agents quote their costs as a percentage adding “oh, plus VAT” at the end

Come January the … Continue Reading