Helen Ozolins
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Property news from this morning’s papers 21st September
Estates Gazette’s daily roundup of property-related news published in the national press.
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Stamp duty should be paid by sellers
Sellers should be made to pay the stamp duty on a home, rather than buyers, according to the Yorkshire Building Society.
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Prime London home prices could fall 9%
Prime London locations such as Knightsbridge could provide fertile ground for bargain hunters looking for a new home.
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First private shared-ownership housing scheme launched
The country’s first private shared-ownership housing scheme has been launched.
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Landlords converting homes to Airbnb holiday lets
Analysis of Airbnb listings indicates some 60,000 properties that were previously long-term rentals are now holiday lets.
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New BoE cut could see mortgage rates below 1%
A further cut in interest rates by the Bank of England could see fixed rates on mortgages drop below 1% next year.
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Big four improve performance but still lose market share
The big-four supermarkets have had their best sales figures in over two years, led by an increase in sales of sparkling wines.
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Losses continue for French Connection
French Connection reported an H1 loss of £7.9m, unchanged from the year-earlier period.
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Sports Direct to hold independent review
There will be a fully independent review of Sports Direct’s corporate governance and working practices, the company said.
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Apprenticeship levy a mystery for many
Many businesses have either not heard about the new apprenticeship levy or do not understand it, a survey by the British Chambers of Commerce reveals.
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New shop openings drop 15%
New shop openings fell sharply in the first six months of the year, amid concerns about the economy and the referendum on EU membership.
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Older homeowners would accept flat house prices to help younger generation
Most home-owners over 55 would be willing to accept either no growth in the value of their homes or even a fall in value if it would help younger generations…