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In 2016, 42% of mortgage loans for homes were issued to first-time buyers
EFFECTIVE IMMEDIATELY!!! Stamp duty is being abolished for first time buyers on homes costing £300,000 or less or on the first £300,000 of purchases up to £500,000.
A figure by itself doesn’t tell you the full story but there is no denying that many people are happy to see mortgage approvals on the rise.
April 1st, 2018 should be a date circled on every landlord’s calendar. This is when the new minimum energy efficiency standards come into force.
It is tougher than ever to be a buy-to-let landlord these days – with a combination of draconian tax changes and increasing regulation making it an increasingly challenging landscape.