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The Budget 2018 – Key Facts

The Budget 2018 – Key Facts

The Chancellor of the Exchequer, Philip Hammond released The Budget just moments ago. This is the last Budget before Brexit….. To make it easy for you we have compiled a summary of the key points that may interest and affect you: Main headlines Personal...
Could the way Stamp Duty works be changing?

Could the way Stamp Duty works be changing?

Are changes to Stamp Duty afoot? Yorkshire Building Society have made a statement ahead of the spring budget calling for Stamp Duty to become a tax on sellers, not buyers. This is in an attempt to improve the situation for struggling first time buyers. The threshold...
Stamp Duty Savings

Stamp Duty Savings

December last year saw a long overdue change to the stamp duty system which meant big savings for the average home buyer. Only those purchasing the most expensive homes were to be worse off. The old ‘slab scheme’ had been widely criticised for applying sudden...
Stamp Duty

Stamp Duty

Stamp Duty.  The bane of many a buyer!  It’s essentially a land tax, and it’s payable on all properties in the UK over a certain price. But from December last year we were offered some relief from the ever-escalating costs of buying a home, as stamp duty pricing...
At long last….. Stamp Duty is to be cut……

At long last….. Stamp Duty is to be cut……

At long last… George Osborne has said stamp duty will be cut for 98% of homebuyers in his Autumn Statement to the Commons. The chancellor said that from midnight, the current system, where the amount owed jumps at each threshold level, would be replaced by a graduated...