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Buying your first home is an exciting milestone, but navigating the world of mortgages can feel a bit overwhelming. With so many options available, how do you know you're getting the best deal? One crucial tip: don’t settle for the first offer—shop around!
New Stamp Duty Increase: Another Hurdle for Attleborough Landlords – But Is It Really a Game-Changer
The government announced an increase in stamp duty for second home purchases. Buyers of additional properties, including buy-to-let investments and holiday homes, will face a higher rate of stamp duty compared to primary residences.
It’s no secret that the younger generation in Attleborough is finding it tough to get onto the property ladder. With the rising cost of living, stagnating wages, and stricter mortgage criteria, it's no surprise that fewer under-34s are becoming homeowners.
Thinking of buying a second home? The recent Autumn Budget announcement by Chancellor Rachel Reeves has significant implications for those planning to buy a second home or invest in a buy-to-let property in the coming year.