What Is Let To Buy? Let-to-buy (as opposed to buy to let) is the procedure of renting out your current home and buying a new onep to live in. There is a lot to think about when doing this as there are many potential complications, including the costs and responsibilities of becoming a landlord…
The stamp duty holiday extension has led to a substantial rise in demand in property over recent months. With a rise in activity and with property transactions taking longer, there are concerns as to whether professionals in the UK will be able to keep up. The Stamp Duty Holiday On 3rd March 2021, Chancellor Rishi..
The latest house price index from the Office of National Statistics (there are others) illustrates how the property market is remaining in full flow across the UK. The March 2021 index shows that the average price of a UK property was £256,405 and the annual price change in UK property was 10.2%. House prices have..
Whether you are a seasoned landlord or simply harbour ideas of becoming a property investor, you are probably aware that picking out a buy-to-let property requires an entirely different approach than finding your forever home. From calculating rental yields to attracting suitable tenants, there are several important considerations when choosing a property to let. Stamp..
Make The Most Of The Stamp Duty Holiday If you want to sell your home in time to make the most of the stamp duty holiday extension, you had better act fast – you haven’t long left…. SDLT Holiday Extension The extension to the stamp duty holiday was announced as part of the Spring 2021..
Have you overpaid on your stamp duty? Stamp duty (SDLT) is a tax people pay when buying land or property in the UK above a certain value. Stamp Duty rates in the UK have been subject to numerous changes over the years meaning people don’t always know where they stand or what they owe, meaning..
Stamp Duty Calculator are here to keep you up to date with all the latest Stamp Duty news, regulations and info. Here is the most up to date Round up of information available to you… What is Stamp Duty? Stamp duty land tax, SDLT (or land and buildings transaction tax in Scotland) is..
A former Tory treasurer has said scrapping stamp duty would be cost neutral as homeowners would spend more on home improvements. Lord Stanley Fink, who is one of the Conservative’s biggest donors, told the Telegraph Newspaper that high stamp duty bills are stopping even wealthy home movers from spending money on furniture, home decor and extensions as the..
Mark Carney, the governor of the Bank of England, recently warned us that house prices could fall 35 per cent over the next three years due to the Brexit debacle putting buyers off. This worst case scenario has made buyers hesitate in completing purchases and has even seen some buyers pulling out of transactions completely. The..
The Royal Institution of Chartered Surveyors (Rics) said getting rid of stamp duty on certain properties could help re-balance the market and reignite activity. Surveyors nave said an overhaul of “outdated” property taxes could give the housing market a much needed boost. Rics said the Government should investigate the changes that are needed to create a more vibrant..