Why UK house prices have risen to the highest level in seven years
UK House prices have taken a quantum leap, rising 10.9pc in the past 12 months. With further rises expected over the summer. Many have attributed this to the Pandemic and the Stamp Duty Holiday but are there other factors, which have contributed to it? THE REFERENDUM In 2015 the housing market started
April showers for the UK Property Market?
Don't be caught out this April in property showers. Next month is raining property deadlines and start dates. Listed below are some of the things to expect, prepare and brace yourself for. A 2% surcharge - Overseas purchasers will now have to pay an additional 2% surcharge on any property
The winners and losers from the 2021 Budget
Corporation Tax From April 2023 Corporation tax will increase from 19% to 25% this will greatly affect Landlords with portfolios listed as Limited Companies. It is though still a cheaper alternative than paying 40% on profits in income tax if a higher earner. Plus you still benefit by offsetting mortgage interest
Mortgage Guarantee Scheme
The Government is set to announce in Wednesday's Budget a new mortgage guarantee scheme, to be launched in April this year, which will allow buyers in England to obtain a mortgage with only 5% of the property value as a deposit. The Treasury will guarantee a portion of the loans on