UK Property

Through all the economic turmoil caused by the lockdowns of COVID-19, the UK Property market has remained strong and values stable. In fact, rental values have recently reached record high levels . Yet for some investors, there still seems to be some trepidation. There are some very good reasons to invest now, rather than sit back and wait to see what happens next. To start with, have you factored in the additional costs you will pay if you choose to wait until things look more settled? With the UK Chancellors ‘Stamp Duty Holiday’ announcement in July, buying a property now will save you a large sum of tax money that would normally have been payable. This tax relief offer is only available until April 2021, so for those waiting on the sidelines, look at the savings on taxes you can realise by acting now. Current Tax Savings, Currency & Discounts Like many areas of the UK economy, the housing market is benefitting hugely from this help announced by the Chancellor of the Exche...