The chancellor has announced new measures for buying and building homes in his 2018 Budget. Philip Hammond delivered what he described as a “budget that paves the way for a brighter future” this afternoon (29 October) ahead of Brexit, and declared that “the era of austerity is finally coming to an ... Read More...
Chancellor
A Liverpool estate agent hopes Chancellor Phillip Hammond’s decision to abolish Stamp Duty for first-time buyers will help keep the city’s housing market moving. Helen Griffin-Booth, director at Bluerow Homes, says the measure could also give prospective homeowners a “more positive, optimistic outlook to owning their own home”. Helen was speaking after ... Read More...
Government plans to invest a further £10 billion in the Help to Buy Equity Loan have been welcomed by Liverpool housing developers. The expansion of the initiative, which enables buyers to purchase a new build home with a 5% deposit, was confirmed yesterday (2 October). According to the government the boost could ... Read More...
Confirmation of a £5 million funding boost for Knowsley’s Shakespeare North Playhouse has been hailed a “huge seal of approval and vote of confidence”. Arts Council England finalised the contribution, which was pledged by the Chancellor in the May 2016 budget, yesterday (10 May). John Flaherty, executive director of place at Knowsley ... Read More...
New measures announced in the government’s Autumn Statement could bring rising rental costs, according to Liverpool property experts. Industry insiders have questioned whether Chancellor Philip Hammond’s decision to ban letting agents from charging fees to tenants will really benefit those renting homes. Following the Chancellor’s announcement yesterday (23 November) that landlords should ... Read More...
Further investment for new homes and a ban on letting agents charging fees to tenants have been announced by Chancellor Philip Hammond today (23 November). As the Chancellor delivered his first – and last – Autumn Statement to the House of Commons, outlining the government’s forthcoming spending plans, he highlighted the ... Read More...
Claims that values of homes and costs of mortgages could be hit if Britain leaves the European Union (EU) have been dismissed by a Liverpool property expert. Chancellor George Osborne, who is in support of remaining in the EU when the referendum takes place on 23 June, made the suggestion during ... Read More...
Liverpool’s property market is continuing to attract "plenty of investor interest" despite the 3% Stamp Duty increase, according to city experts. Local agents reported a rush for deals on second homes and buy-to-let properties being completed prior to the rise being introduced at the start of April, however one month later the ... Read More...
The impact of the government’s Stamp Duty Land Tax (SDLT) reforms, which were implemented a year ago, has attracted a mixed response from Liverpool agents. Representatives of the city’s property industry have reflected on how the changes introduced on 4 December 2014, which make the first £125,000 of a property price ... Read More...
The government’s new Help to Buy: ISA will be a welcome enhancement to existing schemes for first-time buyers when it is launched today (1 December), according to Merseyside property experts. The initiative was announced by Chancellor George Osborne as part of his Budget in March, and will see the government provide ... Read More...