Tag: Economy

Energy Efficiency Update

Changes implemented under the Energy Efficiency (England & Wales) Regulations 2015, mean that domestic landlords need to be prepared for the new Minimum Energy Efficiency Standards (MEES). These changes come into force on the 1st April 2016.

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Posted by: Samantha Turner-Meyern Categories: Landlords Advice, Letting, Property Advice, Uncategorized Tags: , , , Comments Off on Energy Efficiency Update

Will buying a second home incur the new, higher stamp duty?

The announcement in George Osborne’s Autumn statement regarding the higher rate of stamp duty land tax has left a few people confused and worried about what this means for them.

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Posted by: Samantha Turner-Meyern Categories: Economy, Finance, Latest News, Uncategorized Tags: , , , Comments Off on Will buying a second home incur the new, higher stamp duty?

Osborne’s Autumn Statement

In today’s Autumn statement Chancellor George Osborne has revealed plans to double the housing budget to £2billion in order to fund the build of 400,000 affordable homes by 2020.

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Posted by: Laura Ellis Categories: Economy, House Prices, Latest News, Property News, Uncategorized Tags: , , , , , Comments Off on Osborne’s Autumn Statement

Are the days of lengthy chains coming to an end?

Today approximately 33% of second hand houses are sold chain free, compared to only 10% ten years ago, with 2015 having the highest proportion year to date.    

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Posted by: Laura Ellis Categories: Buying, Buying Property, Property Market, Property News, Uncategorized Tags: , , , , , , Comments Off on Are the days of lengthy chains coming to an end?

Has your property earned more than you this year?

The average value of property across the UK rose dramatically in 2014, in London prices in certain areas have soared and some properties are now worth more than five times the average annual salary income.

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Posted by: Samantha Turner-Meyern Categories: Latest News, Uncategorized Tags: , , , , , Comments Off on Has your property earned more than you this year?

Cameron’s plans to transform ‘Generation Rent’ into ‘Generation Buy’

  Today David Cameron announced plans for 200,000 ‘starter homes’ to be built over the next five years to help boost social mobility, and make it easier for young families to get onto the property ladder.

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Posted by: Laura Ellis Categories: House Prices, Property News, Uncategorized Tags: , , , , , , , Comments Off on Cameron’s plans to transform ‘Generation Rent’ into ‘Generation Buy’

Buy to Let tax, changes are ahead

George Osborne announced at the beginning of the month, that the mortgage interest tax relief for buy to let home owners, is to be restricted to the basic rate of income tax, currently sitting at 20%.

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Posted by: Samantha Turner-Meyern Categories: Economy, Letting Agents, Uncategorized Tags: , , , Comments Off on Buy to Let tax, changes are ahead

Banks favour borrowers with a 25% deposit

Banks are tightening their criteria for lending money to borrowers. Official figures show that they are shunning those with lower deposits in favour of people who have more money to put down initially.

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Posted by: Samantha Turner-Meyern Categories: Economy, Finance, Uncategorized Tags: , , , , Comments Off on Banks favour borrowers with a 25% deposit