Have first-time buyers left it too late to pay lower Stamp Duty? It would appear so. At present, first-time buyers pay no Stamp Duty when buying a home worth £425,000. However, from 1 April, Stamp Duty thresholds will return to pre-2022 levels, meaning the tax-free threshold for first-time buyers drops from £425,000 to £300,000, resulting […]
Property experts anticipate an upturn in UK house prices this year, with Pantheon Macroeconomics estimating a 5% increase. This is welcome news for the property market, as prices fell by 1.8% over the course of last year1due to depleting buyer demand. Knight Frank expect to see a more modest rise of 3%, having initially predicted […]