Working from home – how it has impacted the property market
Friday, August 7, 2020
Over half the population’s working circumstances have changed with around 34% of people being told they will continue to work solely from home and a further 22% being told that they will continue to work partly from home and partly from the...
Since 27 March, all new and existing possession proceedings against residential tenants have been stayed. Initially the stay was brought in for a period of 90 days, however, the Government announcement in June that the stay would be extended...
A breakdown of the changes to Land Transaction Tax in Wales
Wednesday, July 22, 2020
Recently, Finance Minister, Rebecca Evans, announced the new temporary changes to Land Transaction Tax (LTT) in Wales. As of 27 July 2020, any properties valued up to £250,000 will require no LTT to be paid. These changes will apply and run...
Changes to Land and Buildings Transaction Tax explained
Wednesday, July 15, 2020
As of 15 July, the Scottish government is cutting the rate of its devolved Land and Buildings Transaction Tax (LBTT), with the threshold increasing from £145,000 to £250,000 until 31 March 2021.
There will be no LBTT...
The gradual lifting of lockdown has meant that a portion of the UK population are returning to their offices with many of us keen to avoid public transport as much as we can. For months, walking or cycling became a much needed practicality and...
Chancellor of the Exchequer, Rishi Sunak , announced the Green Homes Grant Scheme in his Summer Statement on 8 July, whereby the Government will be issuing UK homeowners up to £5,000 worth of vouchers to make their homes more energy...
As the Government announces the Stamp Duty Land Tax Holiday, raising the threshold to £500,000 with immediate effect, the chance for buyers to purchase property exempt of tax is a valuable opportunity. With the initiative in place until...
Stamp Duty Land Tax - The new temporary reduced rates explained
Wednesday, July 8, 2020
With immediate effect the new Stamp Duty Land Tax (SDLT) threshold of £500,000 will apply and will run until 31 March 2021. This means any buyer purchasing a primary residential property between 8 July 2020 and 31 March 2021, up to the...
