FAQs for first-time buyers (part 1)

Although it is becoming harder and harder to buy your first home – a situation that as I explained in my last blog has become even more pointed during the COVID pandemic – it is still the ultimate aim for many couples. The stamp duty holiday has offered some encouragement and if, as is being reported, lenders are going to … Read More

Will the recent stamp duty cuts benefit landlords and the buy-to-let market too?

It appears the stamp duty reliefs announced by the Chancellor this week will benefit landlords and buy to let investors as well as home buyers. To try and give the stuttering housing market a well needed boost Rishi Sunak has temporarily abolished stamp duty for all homes under £500,000.  Although the move is primarily focussed on those looking to buy … Read More

Are overseas buyers also taking advantage of the current stamp duty holiday?

The surge in house buying following the Chancellor’s announcement that until the 31st March 2021 stamp duty charges will not apply before a purchase price exceeds £500,000 has been well documented.  It has also provided the beleaguered UK housing market with some much needed good news. However, new studies on current mortgage search trends would indicate the interest in buying … Read More

How will the new cuts to stamp duty affect you?

This week the Chancellor announced homebuyers won’t need to pay stamp duty on the first £500,000 of a property’s purchase price.  It is a measure that will stay in place until April 2021 in a bid to keep the housing market moving. At the moment, a buyer would start paying stamp duty on everything over £125,000 (or £300,000 for first-time … Read More