Earlier this week, Chancellor of the Exchequer, Phillip Hammond, delivered the autumn budget. This is the biggest day in the financial calendar, as plans for tax and spending changes over the next 12 months are announced. Several of the pledges and details will directly impact buyers and those involved in the property market, particularly First… Read More

In today’s autumn budget, Chancellor Philip Hammond has announced a huge benefit for first-time buyers, having removed and reduced stamp duty land tax (SDLT), with immediate effect. Announced today, this is likely to mean that 80% of first-time buyers won’t pay SDLT at all, with 95% seeing it reduced in some way, providing a maximum… Read More

The autumn budget is being announced next week, 22nd November, in advance of the announcements the rumour mill is in full flow with speculation as to what will be revealed. One rumour which has been refused to quit is the potential for stamp duty to be axed for first time buyers. Chancellor Phillip Hammond has… Read More

In the recent Budget announcement, the Chancellor confirmed that there will be a 3% Stamp Duty surcharge on additional properties. This change will take affect from the 1st April.  Because stamp duty is tiered, you will pay a different stamp duty rate on different portions of the property value, take a look at these examples to… Read More

The further away we are from last month in terms of press coverage about the budget deficit the better. At the end of the second week of this month we had already sold 82% of the homes we sold during October. There is no question there are fewer people around now but it is November not… Read More

As so often before the markets operate the way they want to and not how the media portray things. We have seen an increase in business levels starting just before and around the Government deficit budget. We also experienced this in September 2008 when the world was – according to many – ‘coming to an… Read More