Viewing entries tagged
first-time buyers

Will the new Prime Minister reform stamp duty?

Among other factors (policy and economic performance being key), changes to taxation in the form of stamp duty land tax at point of sale can have a big impact on the level of activity in the UK housing market. The most recent significant impacts on the market have been the higher rate taxes on the market over £1million and the surcharge on second homes.

The rise of the first-time buyer – Is this the return of generation buy?

The rise of the first-time buyer – Is this the return of generation buy?

There are more first-time buyers (FTBs) finding a way to get a foot on the property ladder than at any time since the Global Financial Crisis in 2008. Since 2011, the number of loans to this group has risen by over 75% and, in the last year alone, over 339,000 loans were issued to FTBs, according to the Council of Mortgage Lenders. 

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