Property NEWS
HOW THE MINI BUDGET TEMPORARILY TRIGGERED CHAOS IN THE PROPERTY MARKET

Monday October 3, 2022

Homeowners on the cusp of selling their property were initially buoyed by the news of the stamp duty cut revealed in Kwasi Kwarteng’s mini-Budget. Many were convinced they could bank a windfall from the tax giveaway and rushed to renegotiate deals with their prospective buyers. But within days sellers were themselves under pressure as the balance of power […]

STAMP DUTY CUT: THE NEW RATES AND HOW MUCH YOU WILL SAVE

Tuesday September 27, 2022

Chancellor Kwasi Kwarteng has slashed stamp duty rates, saving the average buyer in England £2,500 in tax on a home purchase. He has doubled the nil-rate stamp duty band from £125,000 to £250,000 in England and Northern Ireland. This means an extra 200,000 buyers will pay no stamp duty whatsoever. Assuming that the pre-existing stamp […]

HOME BUYING TIMELINE: HOW LONG IS TOO LONG?

Tuesday August 30, 2022

How long is too long when it comes to buying a home? Here’s how long it takes, the steps involved and what might slow you down when purchasing a property.# It can seem like the process of buying a home is shrouded in mystery. What happens once you’ve made an offer? What’s the next thing […]