02/11/2024
What the Autumn Budget means for homeowners and buyers 📢
🏠Stamp Duty bands have stayed the same for both first time buyers and homeowners, but has increased for second property purchases
💷 Capital Gains Tax has increased from 10% to 18%, and 24% to 28% respectively
🏘️ Housebuilding will be supported through increased investment and more planning officers.
🏛️The freeze on inheritance tax has been extended until 2028
📉 We might see a drop in the base rate when the Bank of England meets on 7th November.
Have questions about how this impact might impact your next property purchase or remortgage? We’re here to help! 💬
