Category: Press

Could You Be Making Angela Rayner’s Stamp Duty Oversight?

Posted on by Jessica Jonzen

Former housing secretary Angela Rayner’s much-discussed property dealings highlight a problem that our Partner Harry Gladwin sees often, particularly in high-value deals. In a recent column for The Times, Harry explains how assuming that one advisor can cover all bases can have far-reaching consequences.

London red brick apartment building.
Sarah Frances Kelley for The Buying Solution

In a recent column for The Times, our Partner and Head of the Cotswolds Region Harry Gladwin writes that complex property transactions require robust, expert advice and a team of specialists; including tax advisers, planning lawyers, accountants and surveyors. “In property, mistakes are expensive and, as Angela Rayner discovered, getting it wrong can cost you far more than money,” he writes.

Read the article here.

From Home Office to Hobby Room

Posted on by Jessica Jonzen

As return-to-office mandates begin to bite, defunct home offices are being repurposed as pilates studios, wine rooms, hangout spaces for teenagers and even cigar rooms, Sarah Rappaport writes for Bloomberg. Our Partner Mark Lawson talks to her about the rise of the hobby room.

home office designed by Banda photographed by Ben Anders

An office turned cigar room by Banda. Photograph: Ben Anders

When Mark Lawson, our Southern Counties & High Value Residential & Rural Estates Partner, converted the garden office he’d had built during the Covid-19 pandemic into a teenage party room for his children, he realised he was part of a growing trend. He tells Sarah Rappaport of Bloomberg how clients are reimagining their home spaces to suit new lifestyles.

Read the article here.

The New London Hotspots to Know

Posted on by Jessica Jonzen

The Prime Central London market may have slowed, but London’s new £1 million villages such as Ravenscourt Park are bucking the trend, reports Anna White in The London Standard. She spoke to our Partner in London, Toto Lambert, to discover why.

Ravenscourt Park, Getty

South Hampstead, Ravenscourt Park and West Putney have been revealed as London’s newest luxury villages, each reaching an average house price of over £1 million. Toto Lambert speaks to The London Standard about why Ravenscourt Park, in the borough of Hammersmith and Fulham, has become such a draw for young families.

Read the article here.

Grammar School Rush Fuels House Price Rise

Posted on by Rosalind Sack

Rising house prices in popular grammar school towns are bucking wider trends, thanks to VAT on private school fees driving demand towards selective secondary schools, reports The Telegraph. Our Partner in the Northern Home Counties, Jemma Scott, speaks to journalist Ruth Bloomfield about the impact in Buckinghamshire.

Church spire and rooftops in Old Amersham, Buckinghamshire.

Buckinghamshire, which has one of England’s highest concentrations of grammar schools with 13 in total, is one such area where prices are growing. It’s a trend that comes as little surprise to Jemma, who explains that the high-performing grammar schools in the county are seen as a first-choice option.

Read the article here.

Is the Government Destroying the Housing Market?

Posted on by Rosalind Sack

With endless ‘kite-flying’ speculation concerning rising property taxes ahead of the Autumn Budget, some are suggesting that the government have already done more harm than good. Head of the Buying Solution, Will Watson, speaks to The Times and our Partner in the Northern Home Counties, Jemma Scott, speaks to The Telegraph about the impact they are witnessing on the ground

Houses of Parliament and Big Ben, London.

Unnerved by the prevailing uncertainty, some nervous owners of best-in-class properties are already considering selling ahead of the Budget on 26th November, Will Watson tells David Byers at The Times. “Particularly those who’ve held their properties for over 20 years and seen significant price growth,” adds Will. Read the article here.

Speaking to Maya Wilson Autzen at The Telegraph, Jemma Scott says that despite carrying more stock than she has had in recent memory, the market is heading towards stasis, thanks to the curveballs being thrown by the government ahead of the Budget. Read the article here.

The Lure of the Cotswolds for Beyoncé and Jay-Z

Posted on by Rosalind Sack

As music A-listers Beyoncé and Jay-Z are rumoured to be building a modern barn-style home on a vast 58-acre plot near Wigginton in the Cotswolds, our Head of the Cotswolds, Harry Gladwin, talks to Ruth Bloomfield at The Standard about the area’s transatlantic appeal.

Sarah Frances Kelley for The Buying Solution

Harry has seen a 30% increase in US-based buyers in the Cotswolds since the start of the pandemic. “This region ticks every box of what they dream the English countryside should be – rolling hills, honey-coloured stone, cricket on the green, cosy pubs and villages that look unchanged for centuries,” Harry told The Standard.

Read the article here.

How Potential Taxes on Downsizers Could Impact the Housing Market

Posted on by Jessica Jonzen

As Chancellor Rachel Reeves seeks to find £50bn to plug the Government’s financial black hole, speculation over potential new taxes on homeowners have revealed that downsizers could be in the firing line at the next Budget. Head of The Buying Solution, Will Watson, shares his insights with Maya Wilson Autzen from The Telegraph.

Sarah Frances Kelley for The Buying Solution

With the Chancellor reportedly considering replacing stamp duty with a new tax on sellers of homes over £500,000, it has also been suggested that the Government could charge capital gains tax on primary residences worth more than £1.5m.

As a result, homeowners are now considering delaying selling until a new government (they hope) is in place – a decision which would limit stock levels further still, says Will Watson in The Telegraph.

Read the article here.

How Postcode Snobbery Presents Great Buying Opportunities

Posted on by Jessica Jonzen

While some buyers are happy to pay a premium for a prestigious postcode, there is often far better value to be had nearby, our Cotswolds Partner Harry Gladwin tells Hugh Graham at The Times.

Sarah Frances Kelley for The Buying Solution

The wrong combination of letters and numbers in a Cotswold property’s address can completely deter some buyers, while others are willing to pay a six-figure premium simply for the GL postcode. Yet in the nearby villages of Warwickshire you can find the same charming honeyed-stone cottages and rolling views for significantly less, says Harry Gladwin in The Times.

Read the article here.

The Challenges of Being an Ex-Expat

Posted on by Rosalind Sack

As an estimated third of people who move abroad return to the UK within three years, our Partner in the North Home Counties, Jemma Scott, talks to Alexandra Goss at The Telegraph about the realities of readjusting to British life again.

In this feature which talks about ‘reverse culture shock’, Jemma – who specialises in international relocations – discusses the emotional shift associated with such a move. She also talks about why the perks that often come with an expat lifestyle can be one of the most difficult things to leave behind when returning to the UK.

Read the article here.

Downsizing: Look Before You Leap

Posted on by Rosalind Sack

According to a new study, downsizers are now moving 40% further than average buyers. Our Cotswolds Partner Harry Gladwin talks to Alexandra Goss at The Telegraph about why research is critical before downsizing to an unknown area.

Sarah Frances Kelley for The Buying Solution

Downsizing later in life inevitably means that the once crucial factors of school catchment areas and commuting times are no longer important. As such, growing numbers of downsizers are seeking a completely new way of life in a new area, often influenced by where their children and grandchildren are located. Yet it pays to ensure that a potential new neighbourhood is thoroughly researched before taking the leap, says Harry Gladwin in The Telegraph.

Read the article here and read more on The Joy of Downsizing: Why Planning Ahead Matters in our Insights blog here.