Upcoming Changes to Land Transaction Tax Rates in Wales
Thursday, March 4, 2021
As of 1 July 2021, there will be changes to Land Transaction Tax (LTT) in Wales. Up until 30 June 2021, LTT is payable when you purchase or lease a property above the threshold of £250,000. Therefore, currently, no tax is payable on the...
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Homes for Under £600k
Thursday, March 4, 2021
The Government has announced a new 95% mortgage scheme, allowing homebuyers to pay just a 5% deposit on their new home if purchased between April 2021 and December 2022.
Read more about the 95% mortgage and whether this is applicable to you...
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95% Mortgages: Everything You Need to Know
Wednesday, March 3, 2021
Since March 2020, low deposit deals have virtually disappeared from the mortgage market, hitting first-time buyers hard, as well as those with low levels of equity in their property. During the COVID-19 pandemic, lenders saw these deals as...
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The Stamp Duty Holiday Extension Explained
Wednesday, March 3, 2021
On 3 March 2021, Chancellor Ri sh i Sun ak announced that the Stamp Duty Land Tax (SDLT) h oliday will be extended until 30 June 2021 after facing pressure to extend the deadline by three months amid concerns ...
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Spring 2021 Market Report: Price Growth at Four-Year High
Thursday, February 25, 2021
A year like no other
2020, a year in which the housing market defied expectations. At 7.6%, annual price growth across the UK is at its strongest since the summer of 2016. Over 129,000 homes are believed to have changed hands in December, 32%...
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Regional Property Market Update Spring 2021: London
Thursday, February 25, 2021
At 9.7%, average annual price growth in London exceeds the UK average. Growth is currently stronger than at any point since July 2016 and considerably higher than the 1.2% fall recorded this time a year ago. Although Rightmove report average...
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Regional Property Market Update Spring 2021: North East, Yorkshire and The Humber
Thursday, February 25, 2021
Average annual price growth in the North East (8.3%) and in Yorkshire and the Humber (9.7%) is higher than the UK average. In eleven areas the annual rate of price growth currently exceeds 7.5%.
Although Rightmove report that average...
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Regional Property Market Update Spring 2021: Southern region
Thursday, February 25, 2021
At 6.2% and 8.5% respectively, average annual price growth in the South East and the South West is significant. In both areas growth is considerably higher than the -0.3% and -0.2% recorded a year ago. The Isle of Wight and the New Forest are...
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