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Happy New Year

30 December 2014

Happy New Year from everyone at Icon Relocation. Hope you all have the year you wish for….

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Central LondonÕs To Get Iconic New ÔGarden BridgeÕ

18 December 2014

Central London is one step closer to getting a dramatic new footbridge across the River Thames.After years of debate, plans have finally been approved by Westminster and Lambeth Council for a £175m ‘Garden Bridge’ connecting Temple in the north to the media and theatre district of the Southbank. The 366 metre bridge is not merely to be a pedestrian crossing but a new woodland park for the city, comprising a walkway featuring 270 trees with a copper-clad baseThe Garden Bridge was the idea of UK actress (and ‘national treasure’) Joanna Lumley and has been designed by Thomas Heatherwick, who created...

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Landlords Looking to Grow Portfolios on Rising Tenant Demand

17 December 2014

A changing demographic, combined with rising immigration and international demand, and a continuing rise in property prices mean that the UK rental sector is predicted to grow further over 2015, reports Property Wire; with over half of all property landlords planning to expand their portfolios in response.   The changing lifestyles of people aged under 35, a shift in sentiment towards property ownership, and an economic recovery attracting more international investors and workers, are fuellinug a surge in demand across the UK’s private rental sector. One report predicts that private rental accommodation could account for as much...

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UK House Price Rises Continuing to Slow

15 December 2014

Data published by the Halifax Building Society has confirmed a trend towards a slowdown in house price rises across the UK.   According to the Halifax’s House Price Index, the three months up to November saw UK property prices rise on average just 0.7%, down from 0.9% the previous quarter. Nonetheless, while prices may now be rising at their slowest rate since February average house prices across the country are still up by 8.2% on November 2013.   This slowdown is due to a combination of factors, bur significant in...

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Autumn Budget Puts Government Stamp on Property Tax Changes

10 December 2014

In the last Autumn Budget of the current Government, the Chancellor of the Exchequer has significantly revised the rules relating to Stamp Duty payable on house purchases, reducing the rates paid by all but the richest buyers.  The changes, which took effect on the 4th December, notably see the removal of the ‘slabs’ that previously existed around each Stamp Duty threshold – the result being that sellers often fixed their property price below the nearest threshold in order to attract more interest.  Under the prior system, property purchases up to £125,000 were exempt from Stamp Duty, purchases at £125,001-250,000 were...

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