Claire Seymour | Mayo Wynne Baxter
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Buy-to-let and second homes Stamp Duty 2016

Changes were announced in the 2015 Autumn statement that from 1st April 2016, property buyers in England and Wales will have to pay and additional 3% on each Stamp Duty band on Buy-to-let and second home Stamp Duty tax bands Buy-to-let/second home rate (April 2016) Up to £125,000 = 3% £125 – £250,000 = 5%… Read the rest of this post (1 Comment)

Help To Buy

George Osborne has called housebuilders and mortgage lenders to a meeting to discuss the details. The first phase of the scheme was launched four months ago and provides equity loans for buyers of new homes. From January next year, it will be extended to help buyers of existing homes.  It will allow people to buy… Read the rest of this post (No Comments)

Protecting the bank of Mum and Dad

As we are more than aware, first time buyers are struggling to get a foot on the property ladder. The CML statistics show that a large number of first time buyers are having assistance from the Bank of Mum and Dad.  The way that we would advise for parents to protect their interest is by… Read the rest of this post (No Comments)