BEST PLACES TO INVEST IN THE UK BUY-TO-LET PROPERTY DURING STAMP DUTY HOLIDAY For an investor, the proportionality of investment and profit is key in determining where and when to invest. Regions that yield high returns in buy-to-let with regards to the investment put in will always be a preference. London has always been preferred…
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The Uk house sales are continuously picking up since the summer due to pent-up demand following the UK-wide lockdown and the introduction of stamp duty holiday on properties up to £500,000. Chancellor Rishi Sunak announced the stamp duty holiday in July 2020. Therefore, more than 100,000 additional UK house sales may take place during the…
The property market has reopened now across the UK. Estate agents are conducting in-person house viewings again and buyers are able to move home once more. All UK governments have also temporarily cut stamp duty. This means buyers could potentially save up to £15,000 in tax if they move home before April 2021. The government…
On Wednesday, chancellor Rishi Sunak announced an increase in of £500,000 in the threshold for property stamp duty relief in England and Northern Ireland. The general reaction to the news among the mortgage industry was positive, with the hope that the decision will get the market moving quickly after months of struggles amid the Coronavirus…