The latest updates from and about our residential property team are in this section of the blog
In a bid to revive the stalled property market following Covid-19 restrictions, the Government has announced a change to Stamp Duty rates for anyone purchasing a house from 8 July 2020 until 31 March 2021.
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The government’s Help To Buy scheme has helped thousands of people get their foot on the property ladder, but the scheme is soon set to end.
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This morning, around 40 guests were treated at Chesterfield’s Casa hotel to an entertaining look at the economy by Seven Investment Management founder and finance commentator, Justin Urquhart Stewart.
Amongst his insight into the state of the global economy was an interesting comment on Stamp Duty being a “dumb tax”. Justin has been a long-time critic of this government invention.
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In a recent repeat episode of Channel 4’s home buying show Location, Location, Location, presenter Kirsty Allsop suggested that a couple featured on the show request an “attended exchange” when making offer on a property.
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Significant reforms to stamp duty levels have been announced in today’s Autumn Statement by the Chancellor of Exchequer, George Osborne.
Stamp duty is a tax payable on any residential property purchased at a price over £125,000.
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The Law Society has recognised the high service standards our Conveyancing clients receive by awarding BRM with Conveyancing Quality Scheme Accreditation for the second consecutive year.
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As the pace at which demand for our services continues to increase, we have expanded and restructured our Residential Property Team so that we can maintain the high quality service that our clients expect and deserve from us.
On 01 October 2013, BRM welcomes Stuart Taphouse to the firm.
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Back in March, we published an article explaining the current insurance situation for flood risk properties. The original article can be read at Tide Will Soon Turn For Flood Risk Insurance.
At the time, a 10 year agreement between insurers and the government to provide flood insurance was set to expire in June 2013.
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As part of a 10 year deal with the Government, UK Insurers are committed to offering customers universal flood insurance at reasonable rates, even if they are in flood affected areas. This is providing that the Government invests in flood defences.
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Stamp duty relief is available for the purchase of a residential property in a disadvantaged area.
This was a measure introduced as part of the Finance Act 2003.
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