With just over two months remaining, how can home buyers beat the stamp duty deadline?

With the stamp duty holiday set to end on 31 March, some home buyers are pushing to complete their purchases in order to benefit from a tax saving of up to £15,000.  The threshold for paying the tax was increased in July last year from £125,000 to £500,000 in England and Northern Ireland, in an … Read more

The cities where first-time buyers save deposits fastest – and two where it takes 25 YEARS

First-time buyers in Vaduz, Bern and Copenhagen can save up for a home the quickest, according to a new report – while those in Zagreb and Monaco could have to wait a whopping 25 years. The research by housebuilder Barratt Homes, which used statistics from the Numbeo global index, looked at how fast people could … Read more

Hope for home buyers? Petition forces parliament to debate six-month extension to stamp duty holiday

Hope for home buyers? A 110k-strong petition forces parliament to debate a six-month extension to stamp duty holiday The tax break, which saves buyers up to £15,000, was due to end on 31 March  More than 100k sign a petition calling for an extension to September  This means that MPs must debate the issue in … Read more

Rightmove warns 100,000 buyers on track for unexpected stamp duty bill

Average asking prices for homes started to fall in the past month, as sellers look to lure in buyers before the end of the stamp duty holiday on 31 March, according to new findings. Asking prices fell by £2,887, or 0.9 per cent over the past month, property website Rightmove’s new data has revealed. The … Read more

Coventry Building Society brings back 10% mortgages, in boost for buyers seeking low-deposit deals

Coventry Building Society becomes latest lender to bring back 10% mortgages in a boost for home buyers seeking low-deposit deals UK’s second-largest building society is re-entering 90% loan-to-value market  These mortgages are popular with first-time buyers and movers with low equity  Low-deposit products were pulled by almost all lenders in 2020 due to Covid  Providers … Read more

Struggling first time buyers living in Dorset ‘ghost village’ buy homes built for locals only

Villagers struggling to buy their first home in unaffordable a Dorset ‘ghost village’ filled with holiday homes have been thrown a lifeline after new houses were built for locals only.  The nine homes have been built in Worth Matravers on the picturesque Isle of Purbeck, a peninsular in Dorset. Sixty per cent of the 180 … Read more

Beware the internet car scams: How fraudsters con buyers

Online vehicle scams are on the rise with victims losing a total of £16.5million in nine months of this year alone, new research has revealed. This is up 10 per cent on the same months of March and November last year, according to data from Action Fraud. Vehicle scams often involve fraudsters posting images of … Read more

Third of would-be buyers would ABANDON house move after stamp duty holiday ends

Almost a third of home buyers would abandon their purchase if they missed the 31 March deadline for taking advantage of the Government’s stamp duty holiday, according to a new survey. The survey asked 1,000 people who were currently in the process of buying a home whether they would continue with their purchase if the … Read more

New law to be brought in to save UK’s national treasures from going to overseas buyers

A new law is set to save the UK’s national treasures going to overseas buyers after the National Gallery lost a £30million battle to keep a 16th Century masterpiece.  The introduction of legally binding offers from January 1, which marks the first major change in the export deferral system in more than 65 years, will mean … Read more

Asda is forced to hire more security guards as it prepares for huge surge in Christmas panic buyers

Asda is forced to hire hundreds more security guards at its supermarkets as it prepares for huge surge in Christmas panic buyers Supermarket chain said it will be deploying extra security between Dec 19-24  Retailed said its Qudini virtual queueing app is now available across all stores  Measures have been put in please to help … Read more