UK Property Transactions Falter with the Withdrawal of the Stamp Duty Holiday
This week, HM Revenue & Customs figures showed a drop of 63 per cent in property transactions in comparison to the month of June. You don’t have to wear a deerstalker to know that this is related to the stamp duty holiday drawing to a close. From July 1st the
Where will UK house prices settle?
UK house prices are reacting to the swing of the pandemic pendulum. The stamp duty holiday, low mortgage rates and lack of supply have had a knock on effect on average house prices, causing them to increase significantly over the past year. The issue is that in the past few
Why UK house prices have risen to the highest level in seven years
UK House prices have taken a quantum leap, rising 10.9pc in the past 12 months. With further rises expected over the summer. Many have attributed this to the Pandemic and the Stamp Duty Holiday but are there other factors, which have contributed to it? THE REFERENDUM In 2015 the housing market started
UK Mortgage Rates: Catch em while you can before inflation catches up
Now couldn’t be a better time to get a mortgage or remortgage. Lenders are competing for your business offering rock bottom rates on lending, making the motivation to move more appealing than the Stamp Duty Holiday! The only issue could be securing your onward purchase before these rates expire. If UK
What caused the rise in the UK house price index in March
Buyers and sellers embroiled in bidding wars, chains and negotiations know all too well how overheated the UK property market has been over the past year. So the revelation that the average house price had gone up 1.8% since February, making the average property value in England £274,615, hardly caused
5 ways to speed up buying a home
For many looking to take advantage of the stamp duty holiday, desperate for change post lockdown, moving home has become an obsession. The issue is you aren't alone. Bidding wars are rife out of City centres and many are finding prices have gone up since last they looked. For those
The winners and losers from the 2021 Budget
Corporation Tax From April 2023 Corporation tax will increase from 19% to 25% this will greatly affect Landlords with portfolios listed as Limited Companies. It is though still a cheaper alternative than paying 40% on profits in income tax if a higher earner. Plus you still benefit by offsetting mortgage interest
The Stamp Duty Holiday, Villain or Saviour?
The Stamp Duty Holiday, Villain or Saviour? The stamp duty holiday extension debate will resume in Parliament on the 1st of Feb but has it been all good? Regardless of whether it ends on March the 31st or at a later date there will always be some kind of fall out. The
The Stamp Duty Holiday – What you pay
The Stamp Duty Holiday is coming to close - here is a simple guide to how much Stamp Duty you pay when buying a property in the UK against what you used to. Come July 2021, all change.