Research by lettings and estate agent, Beham and Reeves, has estimated that buy-to-let landlords and second homeowners could see the capital gains tax (CGT) owed if they choose to sell increase by as much as £24,000. That’s if recommendations by the Office of Tax Simplification to change the tax threshold are introduced.
CGT is tax paid on the profit of an item sold that has...
The latest research by Yes Homebuyers has revealed just how much profit the government could be making via the Help to Buy (H2B) equity loan scheme due to be introduced in April.
This latest rehash of the Help to Buy initiative only requires homebuyers to save a 5% deposit with the government adding a further 20%, or 40% if you’re buying in London. Homebuyers are only required to...
The latest research by lettings and estate agent, Benham and Reeves , has revealed just how much of the property market is due to remain stamp duty free as a result of the soft landing implemented in the form of a double extension.
Currently, 93% of local authorities across England are home to an average house price that falls below the current £500,000 stamp duty holiday threshold,...
Research by estate and letting agent, Barrows and Forrester , has looked at where a chain-free property is most in-demand amongst UK homebuyers, as well as which UK cities are home to the most chain-free properties for sale.
A property chain is when the transaction involves more than one buyer. For example, if you were a buyer, buying from someone who was also buying from another...
The latest research by Yes Homebuyers has revealed where homebuyers could be quids in due to a hat-trick of savings via the stamp duty holiday, a reduced mortgage deposit requirement and a reduction in the asking price of their property.
The budget announcement on Wednesday saw the government extend the existing stamp duty holiday until June, with homes purchased up to £500,000...
The latest market insight by national estate agent, Keller Williams UK , has looked at how many additional homebuyers will now benefit as a result of a double stamp duty extension saving.
Using sold price records from the Land Registry on market transactions to have already completed since the start of 2020, Keller Williams looked at the estimated impact of: -
The housing market should be buoyant thanks to Chancellor Rishi Sunak’s Spring Budget, but Slater Heelis Solicitors have warned that until there is more clarity in the details, sellers and purchasers should still aim for a 31st March deal to be done.
The stamp duty holiday has now been extended into the summer as part of the government’s aim to ensure the economy is rebuilt and so...
Research by home buying platform, Yes Homebuyers , has revealed that half of current homebuyers would happily pay the stamp duty owed on their purchase if it meant completing now and avoiding the current market backlog.
The survey of 3,717 homebuyers found that those to have seen their property purchase delayed due to the current market backlog have been impacted in a number of ways...