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 »
It is just speculation for now… There are growing that potential tax changes in the Autumn Budget next month may curb demand and increase downwards pressure on prices in higher-value markets Rachel Reeves has not yet delivered her Budget but it is already having repercussions in the property market. The government has said private schools will
Sell Now to Avoid Capital Gains Tax? Read More »
The amount of photos required to market your home can vary, especially when you consider a larger home would require more photos than a small home. Rightmove, being the UK’s number one property portal advise between 5-9 photos and no more than 12 for your average size home. Getting the photos right in conjunction with
Why photos are so important for your listing and how many is the right amount? Read More »
The new Labour government has introduced a Renters Rights Bill. So what does this mean for renters and landlords? The new Renters Rights Bill is designed to improve rights and protections for renters It will focus on improving the quality of rented homes But growing rental supply is ultimately the long term solution to giving
Renters Rights Bill – How will this affect renter and landlords? Read More »
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