The new cabinet has reduced the rate of Stamp Duty Land Tax (SDLT) payable in England and Northern Ireland. This reduces homebuyers’ stamp duty liability – we explain the situation
In 2014 the Bank of England made it obligatory for mortgage borrowers to undergo a ‘Mortgage Stress Test’ in an effort to ensure they could afford their loan. This obligation has been removed.
Too many commentators are full of doom and gloom about the property market with the Covid-19 virus lockdown, thinking this situation will never end. Many people will be wondering why they should make the biggest investment in their life at a time of great economic uncertainty. As the government has requested that the housing market […]