Brought to you by chelmsfords' property experts
Chancellor Rishi Sunak made two big announcements about the property market last week and triggered a flurry of activity. Both initiatives represent attractive propositions for savvy landlords. But, as always, it pays to do your homework first. Stamp Duty holiday The Chancellor’s headline-grabbing announcement was a Stamp Duty holiday. He raised the threshold to £500,000,…
We’ve recently donated £250 to help the vital work a local charity which supports the homeless and vulnerable is doing.We gave the money to Sanctus, which provides a range of services to people, including free food and drink, counselling and helping people to return to work, as well as improving their literacy skills.It’s been a…
When you buy a property that needs work, you usually hope to be able to recoup the cost of renovation by adding significantly to the future selling price. That’s the theory anyway! But getting the builders in can be stressful, and we have all heard stories of extortionate costs, unforeseen extras, no-shows, and poor, even…
Since the easing of lockdown restrictions, the property market has roared back into action. This has been turbo-charged in England and Northern Ireland by the stamp duty holiday announced last week on the first £500,000 of property sales. If you’re thinking of purchasing a property or simply looking to add value before you sell, Nigel,…
Throughout this pandemic, many kind-hearted volunteers have rolled up their sleeves without fuss or faff. They have cooked, sewn, fundraised, collected, and delivered to support those in need. They are members of small neighbourhood groups and charities which make an enormous contribution to life in Chelmsford – and it’s time that contribution was properly recognised….
The Chancellor Rishi Sunak has announced sweeping changes this afternoon around Stamp Duty which is excellent news for anyone thinking of buying a home in Chelmsford. Stamp Duty is a tax applied when you buy a property and the announcement that there will be a payment holiday starting immediately means homebuyers will save thousands of…
At the beginning of the pandemic, many predicted Covid-19 would have a disastrous impact on the private rental sector. But new figures show that 90% of tenants have paid their rent in full during the pandemic—a better result than many had anticipated. Unfortunately, we’re not out of the woods yet. Covid-19 will have a significant…
During the boom years, if you were minded to move house you simply got on and did so! Any delay in moving up in a rising market could prove expensive as the property you were buying would inevitably have appreciated more in cash terms that the one you were selling. Moving up the property ladder…
Do you remember when you rode a bike without support for the first time? Or when you learned to swim? And who can forget the moment when the driving examiner turns and says ‘congratulations, you’ve passed.’ You also never forget your first love or the first home you buy. That’s why at Martin & Co…
One of the most remarkable things about the Covid-19 crisis is the way communities in Chelmsford have pulled together. People have stepped up and supported their neighbours, the vulnerable and the NHS. As we enter a new phase of this pandemic – let’s dare to call it post-lockdown (touch wood) – we mustn’t lose that…
Some people say being a landlord is easy. These people are wrong. Glance through the list of the 175 plus laws that apply to landlords in the UK and you quickly realise there is a lot more to the lettings game than most people think. They cover everything from tenancies and evictions, to energy ratings,…
Most lessees (nb not tenants) have the statutory right to purchase the freehold of their building, called Collective Enfranchisement, under the Commonhold and Leasehold Reform Act 2002. Such a purchase certainly has its appeal if your lease is beginning to look a little light – say 80 years or less. In this instance it may…