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Housing affordability in the UK is a significant concern, and analysing how long it would take to buy a home in different regions based on average salaries provides a clear picture of the financial challenges many face.
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.
In the bustling property market of Attleborough, the average time to sell a property with every Estate Agent currently stands at 83 days. This is above the national average of 73 days.
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.