If you plan to buy a property in London, it is always better to seek guidance and help from experienced property consultants in London. They will help you look for the right property and share a lot of information with you, helping you make a well-informed decision. Here are a few essential things that your property consultant may share with you to help you take the London property market's advantages.

SDLT Reductions

Chancellor Rishi Sunak announced the Stamp Duty Land Tax holiday from July 2020 until 31st March 2021. Thus, serious buyers have a chance to buy a property without paying stamp duty on the first £500,000 of properties getting sold in Northern Ireland and England. It is a great incentive for buyers who are keen to buy a lovely property to save many stamp duties. It is highly beneficial for first-time buyers.

Booming Market

The UK Real Estate Sector is looking up despite the world reeling from various setbacks. This welcome return of the market has filled potential buyer's hearts with many expectations and hopes. Initially, the property market was slow, but now it has gained speed and is stronger. House viewings are in full swing, and with the stamp duty holiday, the real estate market has perked up.

High Stock Levels

Your property consultant can help you find just the right property as presently; the stock levels are relatively high. Thus, with so many choices available, buyers are spoiled for choice. It has become easier for them to find the ideal property in the current scenario.

Price Fall

If you always had an eye on a cushy property, but exorbitant prices were forcing you to shelve the idea, now is the time to check out the property once again. It is the right time to invest your hard-earned money in a lovely property as you are set to get more for your money. Make a move and get on the property ladder as a first-time buyer. This investment is going to be very fruitful for you, especially if you have a long-term view. Since the real estate market is very unpredictable, deciding before the market gets subjected to another bout of ebb and flow.

When planning to buy an old property, it is advisable to call upon the services of experienced dilapidation surveyors in London. They will submit a detailed report after completing their survey, depending on which you can decide to buy the property.

Arun Associates is a leading company in London, UL providing high-end property consultation and dilapidation surveys to potential buyers.

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