Rain or shine? A guide to weathering the UK economy

The UK’s favourite habit is talking about the weather. But lately the economy has proved even harder to predict. So what’s the forecast for businesses, homebuyers, savers, investors and spenders? ‘The economy is bouncing back.’ ‘There’s a recession coming.’ ‘Don’t panic!’ ‘We’re all doomed.’ To say there are mixed messages about the UK economy right … Continue reading “Rain or shine? A guide to weathering the UK economy”

Game of Loans – is winter coming for homebuyers?

Stark warnings have been issued from lenders and mortgage experts that the property market could soon get much tougher and loans more expensive. But there are still ways for the more shrewd homebuyer to fulfil their ambitions. Getting on the property ladder has never been easy for first-time buyers. However, soon it might feel as … Continue reading “Game of Loans – is winter coming for homebuyers?”

House prices spike as property market reshapes

The UK housing market has defied predictions of a crash and instead has entered a mini-boom. However, there are still question marks over how long this will last, and whether the slump has simply been postponed until later. Several factors are behind the surge in property prices. The biggest is undoubtedly the rush to take … Continue reading “House prices spike as property market reshapes”

Rishi Sunak announces Stamp Duty holiday

The Chancellor has granted a stamp duty land tax holiday to homebuyers in England and Northern Ireland with immediate effect. It means that buyers of homes valued at up to £500,000 will no longer pay any stamp duty on the purchase. In a bid to boost a housing market still in shock from the COVID-19 … Continue reading “Rishi Sunak announces Stamp Duty holiday”

First-time buyers keeping the market buoyant

The recent slowdown in the market has been good news for those who want to get into the housing market and make that all-important first purchase. Whilst the number of current owners moving home has come to a virtual standstill, due in part to the uncertainties surrounding Brexit, the number of first-timers has increased. Analysis … Continue reading “First-time buyers keeping the market buoyant”

Autumn Budget 2017

The Chancellor of the Exchequer, Philip Hammond, has unveiled his Budget to Parliament – here’s a brief summary of some of the measures announced which may affect your own personal finances. Stamp duty land tax (SDLT) abolished for first-time buyers on homes under £300,000 from 22 November First-time buyers of homes worth between £300,000 and … Continue reading “Autumn Budget 2017”