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We regularly publish property news, market comment and updates on matters affecting residential property.

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Author: P D Young, Managing Director
23rd January 2015

Last year was a very successful one for our clients. Having lobbied for years against the ‘slab like’ levels of Stamp Duty Land Tax (SDLT) I am delighted they have been removed. There are however already a number of unintended consequences resulting from the new 10% and 12% Stamp Duty thresholds.
As a result of the substantial increase in transactional costs above £1 million I expect property owners will be reluctant to upgrade their…  more

Author: Tim van der Schyff, Lettings Director
23rd January 2015

In 2014 the Lettings industry grew from strength to strength, proving that renting is no longer seen as a secondary option to buying but as a lifestyle choice which allows tenants greater flexibility.  Last year John D Wood & Co. successfully rented 25% more properties than the previous year, proof that as a business we are more focused than ever on lettings. The importance of the Private Rented Sector is reflected in the Government’s…  more

Author: P D Young, Managing Director
16th December 2014

Having lobbied the Government for some time to review and change the 'slab like' Stamp Duty Land Tax (SDLT) system, it is good news that the government has chosen to reform the system so that it is fairer and more progressive. As is being widely reported in the media, by doing so, 98% of all homebuyers will pay less Stamp Duty, which will aid job mobility and should boost the number of housing transactions.
There are many similarities…  more

Author: Tim van der Schyff, Lettings Director
16th December 2014

2014 has been the year in which the lettings industry has yet again gone from strength to strength. John D Wood & Co. has successfully rented 25% more properties than in 2013, proof of the ever increasing importance of the private rented sector and growth within it, as well as our business being ever more focussed on delivering results for our landlords.
This year saw the relaunch of our new improved Property Management Department
,…  more

Author: P D Young, Managing Director
27th November 2014

With Christmas fast approaching, whether you're a purchaser or a vendor, if you have agreed terms on the sale or purchase of a property, now is the time to push forward, and instruct your solicitor accordingly. During the hiatus between Christmas and the New Year, some purchasers and vendors may change their minds in the cold light of day. Therefore, if you wish the move to go ahead, you must persevere so as not to be upset by another party…  more

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