stamp duty tax

Mortgages during pandemic

Getting a mortgage during the Covid-19

Property and mortgages during the pandemic. I get a lot of questions from clients about the effects the pandemic and the lockdown have on the property market and mortgage applications. The property market is officially open but there are few things to remember when thinking of getting a mortgage. Many lenders have tightened their lending criteria and the changes sometimes happened with a day notice. There are significant delays in… Read More »Getting a mortgage during the Covid-19

Mortgage during pandemic

Stamp duty holidays

Stamp duty holidays extended. The Chancellor, Rushi Sunak, confirmed on Wednesday, the 8th of July, that new temporary rules will be placed to boost the property market. He announced that the Stamp Duty Land Tax will be suspended until 30th of June 2021 for properties up to £500,000 in value, with immediate effect. The tax holidays will also apply to landlords looking to expand their property portfolio or incorporate as letting… Read More »Stamp duty holidays