The average UK home is now worth £2,400 more than it was 6 months ago. But if you own a terraced property in the north, it’s likely to be a lot more than that. 15 million homes (that’s half the UK’s homes) gained £7,600 in value over 2024 A third registered small value falls, mostly […]
50% of UK Homes Increase in Value by Over £7,500 in 2024 Read More »
The Renter Rights Bill now includes significant new clauses that will prohibit the payment of rent in advance and pre-tenancy rent payments. The new rules added to the Bill at the report stage on the 14th January 2025 affect every landlord, not just those who ask for large sums at the start of a tenancy.
Renters Rights Bill Introduces Changes to Advance Rent Read More »
You may be able to reduce the amount of inheritance tax payable on your estate when you die or even eliminate it altogether so your loved ones get more of your money. Making a will is vital when it comes to inheritance tax planning You can avoid inheritance tax completely if your assets go to
How to avoid inheritance tax? Read More »
Everything you need to know about selling a probate property, from your role as executor to inheritance tax and the selling process. Before you can sell a home that has been left to you in someone’s will, you’ll need to apply for a legal document called a ‘grant of probate’ It can take 12 weeks
Selling a home after someone has passed away? Read More »
A taskforce commissioned by the Government to look into housing issues for older people has called for ‘last time buyer’ Stamp Duty incentives, The Older People’s Housing Taskforce was commissioned by the Department of Health and Social Care and Ministry of Housing, Communities and Local Government to investigate older people’s housing needs. The independent group published a
Government-commissioned report backs Stamp Duty incentives for last-time buyers Read More »
Planning to leave your home to your partner or children? With a bit of careful groundwork, you can help to reduce the amount of inheritance tax that’s paid. Inheritance Tax is charged at 40% on all assets worth more than £325,000 This threshold rises to £500,000 if you leave your home to your children or
Inheritance Tax, What is the Cost? Read More »
Second home stamp duty raised to 5% from tomorrow, but relief for first-time buyers and home movers remains until April 2025. Capital Gains Tax increased and thousands of affordable homes to be built. How the Autumn Budget impacts the housing market. Stamp duty increased to 5% on second homes Higher stamp duty thresholds remain in
What does the Autumn 2024 budget mean for you? Read More »
The average price of property coming to the market for sale has risen just 0.3% in the past month, much lower than would be expected at this time of year. The data comes from Rightmove: This is a much lower monthly increase in new seller asking prices than is typical at this time of year,
Rightmove details disappointing data on your home Read More »
Rents are starting to fall in parts of the UK, as the pace of rental inflation hits its lowest level in nearly 3 years. Rents start falling in London, Brighton, Glasgow, Nottingham and Worthing A third of London’s boroughs see rents come down Across the UK, rents are expected to rise by just 3-4% in
Rent Start to Fall in UK Cities Read More »
Should you buy your first home in 2024? Mortgage rates have fallen by 1.2% since this time last year, saving the average first-time buyer £100-a-month in mortgage payments and £4,000 on a deposit. Mortgage rates fall from 5.7% to 4.5% in a year, cutting £4,000 off the average deposit needed to buy a first home
Is Now The Best Time To Buy Your First Home? Read More »
The best of Business news, in your inbox.
