The most recent analysis from HMRC has revealed that property transactions dipped slightly during April – dropping by 3.2% in comparison to March. HMRC’s data reveals that the provisionally seasonally adjusted UK property transaction count for April 2017 was: 99,910 residential 9, 980 non-residential These figures were 20.3% higher than in the same month of..
Several banks offer “cashback” to home buyers, but Barclays new mortgage goes further still. Barclays have just announced that they will pay buyers stamp duty on properties worth up to £250,000. Seven out of 10 buyers are affected by stamp duty, which is paid on homes worth over £125,000. The cost of stamp duty on..
December 2014 saw the most radical change to the Stamp Duty system since it was introduced into the UK at the end of the 17th century. The Stamp Duty Land Tax, (SDLT) to give it its full name, has done away with the old ‘slab’ system in favour of a sliding scale, similar to Income..
Housing market analysts are predicting a slowdown in the UK following the recent increase in Stamp Duty for additional properties. This follows an increase in the purchase of properties for buy-to-let in a bid to beat the introduction of a surcharge of 3% or more for additional properties in the duty. Our handy, simple to..
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