NEWS
Stamp duty holiday extension confirmed
The Chancellor’s budget has confirmed the extension of the stamp duty holiday to the end of June, as well as a higher nil band rate from July. The stamp duty holiday has been extended to 30 June 2021. In his budget announced earlier today, Chancellor Rishi Sunak...
Stamp duty holiday could be extended to the end of June
The stamp duty holiday was due to expire on 31 March, leaving many buyers unable to meet the deadline and benefit from the saving. According to The Times, there’s good news to come in the Chancellor’s budget next week… A story published today has claimed that the...
What’s happening with the property market this year?
Prices dropped slightly in January and it’s not yet known whether the stamp duty holiday will be extended. Yet it could still be a good time to move house. Here’s why we need to keep things in perspective… Last year, Britain’s GDP (the monetary value of goods and...
Stamp duty extension update
The government has been under pressure from MPs and campaigners to extend the stamp duty deadline which expires on 31 March. There are rumours of an extension on the horizon. Are you in the middle of a property purchase and worried about whether you’ll make the stamp...
What would negative interest rates mean for you?
You may have heard in the news there’s been talk of negative interest rates being introduced in six months’ time. So what would this mean for you and will it actually happen? We’re currently in a recession due to the impact of the pandemic, but we’re being told that...
Stamp duty holiday update
There has been pressure on the government from MPs and the property industry to extend the stamp duty holiday. Will there be an extension and if not, how much will you have to pay in stamp duty after 31 March? On 1 February MPs had a debate in Parliament about whether...
Better news for first-time buyers
Last year presented some challenges for first-time buyers but mortgage deals are likely to improve in the second quarter of this year. Here’s why now could be a good time to start looking into buying your first property… Let’s be honest. First-time buyers had a tough...
The property market to remain open during Lockdown 3.0
Most of us were expecting to hear the news of a new national lockdown last night. Unlike the first lockdown, the property market will remain open. By the time Prime Minister Boris Johnson announced the new national lockdown at 8pm on Monday 4 January, most of the...
Getting a mortgage on furlough
The furlough scheme has been extended again and around 15 per cent of the UK workforce are currently on furlough leave. Where do you stand in terms of getting a mortgage if you’ve been affected? Since the pandemic took hold of the UK in March, we’ve been keeping you...
Don’t bank on the stamp duty holiday
The housing market is booming and there is a high demand for mortgages, so the process of buying a property is taking much longer than usual. Don’t count on benefiting from the stamp duty holiday. If you’re currently house hunting, we recommend budgeting for the...