Despite extended thresholds, over 20% of first-time buyers face Stamp Duty.Current threshold for tax exemption is set at £425,000, lowering to £300,000 by 2025.The average London…
The Autumn Budget 2024, presented by Chancellor Rachel Reeves, outlines vital economic measures impacting pensions and taxes.The government commits to maintaining the State Pension Triple Lock,…
October’s house price growth remains modest, with just a 0.1% increase.The annual growth rate for house prices decreases from 3.2% in September to 2.4% in October.Mortgage…
Non-traditional workers face challenges in the property market, demanding government support.High interest rates and living costs impact self-employed and gig economy workers’ home buying.Research shows 39%…
September saw a slight increase in housing transactions, indicating potential market growth.Residential transactions reached 91,820, just 1% higher than August, marking a year-on-year increase of 9%.Despite…
September 2024 recorded a modest increase in UK housing transactions.Residential transactions reached 91,820, showing a slight growth from 2023.First-time buyers face challenges due to adjusted Stamp…
The Chancellor’s Autumn Budget 2024 has brought significant reforms to Stamp Duty and Capital Gains Tax (CGT), affecting those nearing retirement.Older borrowers, especially those over 55,…
The Autumn Budget 2024 introduces substantial changes to Stamp Duty and Capital Gains Tax (CGT), raising important considerations for older individuals planning their finances.Experts emphasise the…
The Autumn Budget 2024 has faced criticism for not directly addressing first-time buyers’ needs.Experts were disappointed with the lack of measures to help new buyers enter…
The Autumn Budget 2024 has received criticism for lacking support for first-time homebuyers in the UK.Experts argue that the £5 billion investment in affordable housing is…
