The stamp duty holiday is now over in its original form. It was originally due to run until March 31st, but was extended to the end of June. Under the stamp duty holiday, buyers did not have to pay tax on houses worth up to £500,000. The idea was to boost a flagging property market.
And the holiday has had the desired effect, according to experts. But has the holiday really finished? Did you know there is effectively a fresh stamp duty holiday extension.
New beginnings have become increasingly popular during the pandemic and relocations and long distance moves are now a trend. The lockdowns and ‘stay at home’ orders have forced many of us to reassess what we really want and what best suits their new lifestyle.
One of the most common reasons for escaping the city or moving is working arrangements. And some of us don’t feel safe in cities anymore, want to be nearer friends and family or want more open space.
Moving house can be stressful at the best of times, but big events like these can be completed successfully with a well-thought out plan.
In the last year, some of us may have had the additional pressures of moving house during lockdown which requires extra organisation.
The stamp duty holiday has seen people scrambling to get their deals done which means moving house has been extra stressful for some of us.
It is not surprising that we have been pushing to agree sales and get paperwork done. Under this tax break, you can buy a house worth up to £500,000 effectively tax free up until June 30th.
The stamp duty holiday has unsurprisingly let to a flurry of activity as people look to save money on their new homes. Introduced last summer, the tax break was originally due to end on March 31st, but it was later renewed until June 30th.
The stamp duty holiday extension has triggered a drop in mortgage borrowing and a surge on property purchases in Cornwall. Experts also believe that people see homes as homes rather than investments nowadays.
Packing is the most important job to do when you are moving house. But believe it or not, there are right and wrong ways of doing it.
There is more to moving house than just packing boxes and you also have to make sure that the move goes as smoothly as possible.
The coronavirus pandemic has brought about some interesting property trends and according to Which, the housing market is booming.
The UK housing market remained open during the first lockdown, but only moves for very limited reasons were allowed. In May 2020, rules were relaxed to allow visits to estate agents and properties.
Some businesses have sadly had to lock their doors for the last time. Others face the dilemma of having to adjust or go bust and firms offering commercial removals face a manic few months.
Business owners and bosses have had to make difficult decisions in the last twelve months in a bid to survive.
Needless to say, moving out of a house is a huge undertaking and that’s the most obvious reason why you need a moving house checklist.
It should include all the jobs that need to be done before you leave your old house and start preparing for life in your new one.
Here are the important moving out tasks that you need to do:
The coronavirus pandemic has meant some businesses and shops have been forced to shut and sadly store closures in towns, city centres and shopping centres are becoming a familiar sight.
With no customers, non-essential stores have struggled to pay business rates and it has also put jobs at risk.
