Monday marked the day of the 2018 Autumn Budget, in which chancellor Philip Hammond delivered a 72-minute speech covering stamp duty, welfare & pensions, Brexit and many other areas concerning the nation. In terms of stamp duty, this Budget brings rather good news for first-time buyers! Mr Hammond announced that the 0% stamp duty...
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Sheffield’s Baby Boomers and OAPs Are Caught in a Trap
Local OAPs and Baby Boomers are facing housing trouble and discomfort, finding themselves in an increasingly difficult situation. The current OAPs are sitting on £8.82bn worth of residential property. But while the elderly people of Sheffield are looking to downsize, the younger generation are seeking for property to move into. There are 28,452 households...
Continue readingStamp Duty Lowered For First-Time Buyers
There is some good news for first-time home buyers, as Stamp Duty is lowered in the Autumn Budget. This will apply to England and Northern Ireland. Wales will also benefit from this announcement but only until April 2018 when the Welsh Government’s new Land Transaction Tax is to be introduced. Stamp Duty is an...
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