Budget watch: Housing market headlines

In this quick speed read, we take a look at yesterdays budget highlights for the housing market

The economy is set to bounce back to pre-pandemic levels by the middle of 2022, with the furlough scheme extended until the end of September.
The Stamp Duty Holiday, has been extended to the end of June with 0% taxation payable on main residences up to £250,000 until the end of September, offering buyers a saving up to £2,500.
A new mortgage guarantee scheme will enable existing homeowners and first-time buyers to access 95% mortgages for property costing up to £600,000. 9 in every 10 sales is below this figure.
Despite expectations, the Chancellor made no changes to Capital Gains Tax and there were no specific announcements affecting landlords and tenants.
The establishment of Treasury North in Doncaster and the National Infrastructure Commission in Leeds is an indication of the policy shift to support regional centres. Source Dataloft, gov.uk

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

The Property Market Everyone Talks Down… Keeps Quietly Delivering

Despite the headlines, the property market is proving far more resilient than many expect. Sales are continuing, buyers remain active, and well-priced homes are still attracting strong interest. The difference today is that success depends on strategy, with realistic pricing now more important than ever.

CLICK HERE >

Average Rent & Growth over the last 5 years

Average rents have risen sharply across the UK over the last five years, but the national headlines don't always reflect what's happening locally. This update examines regional rental trends, explains the reasons behind the figures, and highlights why every town, including Attleborough, has its own unique rental market story.

CLICK HERE >

What the July Property Market Numbers Mean for Attleborough Homeowners

National headlines can paint a confusing picture of the property market, but the latest July figures reveal a more balanced story. While sales have eased compared with last year, activity remains well ahead of 2023. So what does this mean for Attleborough homeowners thinking of moving in today's more selective market?

CLICK HERE >

Discovering Your Next Home: A Video Tour Closer Look at 22 Mount Pleasant Drive, East Harling

Considering a move to East Harling? Join us for an in-depth exploration of 22 Mount Pleasant Drive, a charming modern three-bedroom detached house that could be your perfect next chapter. Let's uncover what makes this property a compelling choice for buyers.

CLICK HERE >