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Thursday, 22 October 2009

PROPERTY VALUES , STAMP DUTY & VAT

At Village Properties, we have seen a small rise is property values since the summer, so we recommend that anyone thinking of placing their home for sale in the near future should have an up-to-date marketing appraisal or re-appraisal of their home to ensure their asking price is appropriate.

As ever, we are always in need of more homes to sell or let to replace our stock levels. A particularly busy last few months has left us with a list of prospective buyers anxious to find their next home by the end of the year. If you are thinking about selling your home soon, please give us a call or drop us a line by e-mail for a special deal!

Don't forget that Stamp Duty Land Tax will be applicable on all property purchases above £125,000 which complete after 31st December 2009. As many solicitors close their offices between Christmas and New Year, property buyers currently purchasing up to £175,000 need to hurry to complete their move by 3rd week of December!

Also, VAT goes up to 17.5% on 1st January 2010 too. (VAT will be charged on the solicitors fees, estate agency fee, HIP, etc.....)

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Directors: M Haas FNAEA, R Westbury, S Williams, C Higgs
92 School Road, Tilehurst, Reading, RG31 5AU. 0118 941 5607 Sales. 0118 943 3900 Lettings.
Village Properties Ltd trading as Village Properties. Registered in England and Wales. Company No: 07120961
Members of the National Association of Estate Agents (NAEA) & the Property Ombudsman (Sales)
Members of the Association of Residential Letting Agents (ARLA) & The Property Ombudsman (Lettings)