payments
UK property industry disappointed over lack of stamp duty reform
There is disappointment in the UK property industry that Chancellor Philip Hammond did not take on board calls for a change to stamp duty, the tax paid when a property is bought. In the run up to the autumn statement there had been hope that he might reverse the 3% additional stamp duty imposed earlier […] The post UK property industry disappointed over lack of stamp duty reform appeared first on PropertyWire . Continue reading →
Survey suggests stamp duty is significant barrier for first time buyers
Would be first time buyers believe that not having to pay stamp duty would make buying a home more affordable as the property tax is a significant barrier to doing so, a new poll shows. Some 60% of those looking to get on the housing ladder in the UK said paying no stamp duty would […] The post Survey suggests stamp duty is significant barrier for first time buyers appeared first on PropertyWire . Continue reading →
Home borrowers in UK benefitting from low interest rates with all making savings
The interest rate gap between low and high loan to value mortgages in the UK has reached a year-long high since the result of the referendum to leave the European Union, new research shows Average rates have fallen three times faster for those with bigger deposits compared to those with small deposits since the referendum, […] The post Home borrowers in UK benefitting from low interest rates with all making savings appeared first on PropertyWire . Continue reading →