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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
3rd April 2014

In his Autumn Statement the Chancellor of the Exchequer made an important and little discussed amendment to the Capital Gains Tax (CGT) Private Residence Relief - Final Period Rule. This will affect anyone who has let out their former home within the three years before selling it. From 6 April 2014 the final period exemption will be reduced from 36 months to 18 months, so if you have a property which was your principal…  more

Author: Tim van der Schyff, Lettings Director
3rd April 2014

The lettings market has showed no signs of slowing down. Our offices are seeing an increasing amount of multiple offers on the same properties as the market is getting more competitive. There is much more activity from tenants who have to move due to being served notice or relocation, rather than just looking for a change, combined with a huge surge in activity in the sales market, and a large number of ‘accidental landlords’ choosing to…  more

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

The wettest winter on record, unprecedented flooding and violent storms have not dampened the mood for house hunting despite a small drop in viewing numbers in our country offices during the worst of the weather. It is clear that the overall shortage of property has produced a seller’s market which will maintain current values and exert upward pressure on asking prices. If it is your intention to move then this is an ideal time to sell your…  more

Author: Tim van der Schyff, Lettings Director
27th February 2014

2014 has started exceptionally well with activity seen across all our 20 offices, and 2013 is already a distant memory. Year on year applications taken in January were up 33.9%, matching activity usually reserved for the summer months - the peak of the market in the annual lettings cycle. Transaction levels in January was also up by a staggering 25.8%.
We saw an 8.1% difference between applications and actual transactions, but this was…  more

Challenge Complete

5th February 2014

John D Wood & Co.’s Agricultural Department is delighted that Eoin Hartwright and his crew the Atlantic Quad has completed their gruelling 3,000 nautical mile row from Spanish port of San Sebastian de la Gomera to Nelson’s Dockyard English Harbour, Antigua. They reached Antigua after 43 days 21 hours…  more

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