Navigating the property market can be tricky, especially with all the jargon. Whether you’re new to buying a home or a seasoned homeowner, it’s important to understand key terms like freehold and leasehold. Here’s our straightforward guide to these two types of property ownership. What is Freehold? With a freehold property, you own both... View...
September often brings us those last glimpses of summer, and it’s not just the weather that’s bright – so is the UK property market. According to Rightmove, the number of sales agreed this summer was 15% higher than the same period last year, signaling a strong market. Here’s why now is an ideal time to... View...
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You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property. SDLT only applies to properties over £250,000. There are three rates of stamp duty for residential property, with a standard rate for people who own one property, a surcharge for those who own multiple properties and a relief element for first time buyers.
For more information visit the .Gov website HERE
