Whirlwind week in the mortgage and property world

I hope everyone has recovered from the jubilation of Saturday night! I have 2 daughters, and I had to explain to my elder one, who is 8, that it isn’t normally like this! She has grown up at a time of the England football team getting to the Semi’s of the last 2 major tournaments […]

Deadline day for UK Property market

The bi-annual football transfer windows always make for interesting viewing, especially the ‘Deadline day’ action. For once in the mortgage broker world, we have had something equally exciting in the UK Property market. With the Chancellor announcing the extension of the Stamp Duty holiday in March to the end of June, that created our very […]

Beating the Stamp Duty holiday deadline

With the extended Stamp Duty holiday deadline fast approaching, if you want to benefit from the large discount on offer until 30th June (no Stamp Duty to pay for the first £500k of the property value, which equals a £15k discount on properties valued £500k +), you will need to move quickly. There is a […]

Budget 2021 response and mortgage impact

Chancellor Rishi Sunak, put in a very vote friendly Budget 2021 this week. Extending many Government grants, support and lifelines, while being a very property focused. His balanced tone and measured responses, are very refreshing in the face of a generally chaotic political scene in recent years. As ever, we look specifically at what will […]

Budget 2021 predictions for the mortgage market

As we are now just a week away to schools starting again, and a mere 112 days until the pubs fully reopen (not that I am counting…), there is very clear light at the end of the tunnel now, and so here we offer some Budget 2021 predictions. We have what could be a pivotal […]

Stamp Duty and negative interest rate debates

The great Stamp Duty and negative interest rate debates. As we enter lockdown week #whatever, you may start to feel that your meetings resemble that of the now infamous Handforth Parish Council, but some welcome relief has come in a dusting of snow and not having to handle the usual commute/inevitable transport breakdown that normally ensues. There […]

How to take advantage of the Stamp Duty Holiday

It seems frightening to even be talking about this, but if you intend to take advantage of the current Stamp Duty Holiday and require a mortgage, you need to be acting now! Lender delays, a clogged up legal system, lockdown 2.0, a backlog of valuations and legal searches is a recipe for delays that will […]

Stamp Duty holiday | All about the numbers

This blog could well have been entitled ‘A love letter to Rishi Sunak’, as we are major winners from the announcement last week. The Stamp duty holiday is very welcome and long overdue (more on this below), we will benefit as a firm as all of our staff will return from Furlough and we will […]

Increase in Stamp Duty

This has been quite well documented, but as of 1st April this year, the Government are introducing a 3% increase to Stamp Duty on house purchases where this is not your main residence. So this will impact any purchase of a rental property, second homes, pied-a-terre’s etc. You will need to have completed the purchase […]