What Changes Are Being Made to Stamp Duty?

From April 1st, significant changes to Stamp Duty Land Tax (SDLT) will take effect, particularly impacting first-time buyers. The nil-rate threshold for first-time buyers will decrease from £425,000 to £300,000, with a 5% rate applying to properties priced between £300,001 and £500,000. Additionally, the maximum property value eligible for first-time […]

Cash Buyers Enjoying Greater Discount

The accelerating property market is enabling cash buyers to secure average discounts of over 13% compared to the prices paid by buyers needing a mortgage, new analysis by MPowered Mortgages reveals. The study of Land Registry records of sales completed in September 2024 found that across Great Britain, cash buyers paid £28,189 […]

Finding Hidden Gems In The Property Market Worth Investing In

Investing in the property market can be a highly rewarding venture if approached strategically. The allure of finding undervalued properties, often referred to as hidden gems, lies in their potential to yield substantial returns. These properties are usually overlooked by the general market but hold significant promise due to factors […]