by Hawsons | Sep 21, 2020 | COVID-19, Property & Construction, Stephen Charles
It is expected that Mortgage Payment Holidays will expire on 31 October 2020 (according to Britain’s financial watchdog). Even though many homeowners may be finding it difficult to pay their mortgage. The Financial Conduct Authority (FCA) did extend the scheme in June...
by Hawsons | Sep 18, 2020 | COVID-19, Property & Construction, Stephen Charles
Research by Zoopla has suggested that built-up property demand has caused properties to sell much faster. Zoopla has reported that sales agreed through their property portal is 76% more than the current five-year average. One of the reasons is due to the temporary...
by Hawsons | Jul 14, 2020 | COVID-19, Property & Construction, Stephen Charles
Rishi Sunak announces £2bn home insulation scheme The Chancellor has announced a £2bn grant scheme for homeowners for energy-saving home improvements, this is part of a wider £3bn project to cut emissions. The Treasury has said that this funding would help...
by Hawsons | Jul 13, 2020 | COVID-19, Property & Construction, Stephen Charles
Government announce stamp duty holiday Stamp duty is paid on the purchase of a property. The rules of stamp duty are slightly different across the 4 countries of the UK. Stamp Duty Land Tax is paid in England and Northern Ireland. Land and Building...
by Hawsons | Jul 6, 2020 | COVID-19, Property & Construction, Stephen Charles
The Prime Minister has announced an immediate £5bn package of capital investment in infrastructure projects. Confirming that the Government is investing in the construction sector to accelerate the economy’s recovery from the coronavirus crisis. This funding should...
by Hawsons | Jun 22, 2020 | COVID-19, Property & Construction, Stephen Charles, Tax
Deadline for SDLT extended for main residence disposals In 2016 the Government introduced a 3% surcharge on purchasing second homes. If you buy a new home and your previous home has not sold at the time of the purchase, this charge applies. But it is possible to claim...
