The latest research by estate agent comparison site, GetAgent.co.uk, has found that despite market delays, over half a million homebuyers in England are set to benefit from the stamp duty holiday to the tune of £3.4bn.
GetAgent analysed transaction data from the Land Registry to see how the market has already performed between the launch of the stamp duty holiday and the original...
Research by estate and lettings agent, Barrows and Forrester, has revealed that the shine is starting to come off the stamp duty holiday for disgruntled homebuyers who are experiencing long delays and higher house prices as a result of the initiative.
85% of those asked said that the current market bottleneck caused by stamp duty holiday demand has caused their purchase to be delayed...
Whilst it was recently revealed that you will be able to buy a house with a 5% deposit, making it easier for more people to get onto the housing ladder, there are still some important additional expenses to consider…
Budgeting fintech, thinkmoney , have used their expertise to create a step-by-step guide on how to save for a deposit as a first-time buyer , before revealing the...
Research by Ascend Properties has highlighted just how much of the property market will remain SDLT free for first-time buyers, even after the current holiday extension has expired.
While all residential transactions are currently enjoying no stamp duty owed on purchases as high as £500,000, this perk will remain in place for FTBs purchasing up to £300,000 beyond the final September...
Research by the leading mortgage broker for global high-net-worths, Enness Global Mortgages , suggests that the market cliff-edge that approaches with the end of the stamp duty holiday is unlikely to impact the high-end section of the UK property market.
A downward correction in property prices and transaction levels was expected to follow the expiry of the stamp duty holiday at the...
From extending the Stamp Duty holiday and a new 95% mortgage guarantee, the Budget offers a boost to homebuyers with Elan Homes welcoming the measures.
Under the Stamp Duty holiday, extended to June 30, buyers won’t pay tax on the first £500,000 of a property purchase price. This means most new Elan homes will be tax-free.
Marie Morris, sales director for Elan Homes in the...
Research by Enness Global Mortgages , the mortgage broker of choice for global-high-net-worth individuals, has found that London’s high-end homebuyers paid 12% of the stamp duty owed across England in 2020, despite accounting for just 0.1% of market transactions.
The national prime market
Enness analysed market sold price records for transactions at £3m and above to have...
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,...
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...
The latest research by lettings and estate agent, Benham and Reeves , has highlighted how many homebuyers could benefit each year if the government were to permanently increase stamp duty tax thresholds and remove tax for purchases up to £350,000, £500,000 and £750,000.
There’s no denying that the current stamp duty holiday has helped rejuvenate homebuyer demand, with 85% of buyers...
