Easton Energy Surveyors

26/03/2025

07/02/2025

The Government’s new Plan for Change means that by 2030, *ALL* private rentals in England & Wales must meet an energy rating of at least EPC C (up from E).

A consultation document is being released today.

10/01/2025

🚨 IMPORTANT 🚨 - Stamp duty changes! - CONSIDERATION NEEDED ON ANY PURCHASE

Its come to that time where there is a lot of uncertainty around whether a house purchase could complete in time for these changes.

Your conveyancer is best suited to answer any questions, however so many factors can determine the timescale it can be very unknown for all involved.

From 1st April 2025, there will be several changes coming into effect:

- The nil rate threshold which is currently £250,000 will return to the previous level of £125,000.

- The nil rate threshold for first-time buyers which is currently £425,000 will return to the previous level of £300,000.

Current stamp duty rates for main residences in England:

Proportion of property value:
Up to £250,000 = 0%
£250,001 to £925,000 = 5%
£925,001 to £1.5 million = 10%
Over £1.5 million = 12%

From 1st April 2025:

Proportion of property value:
Up to £125,000 = 0%
£125,001 to £250,000 = 2%
£250,001 to £925,000 = 5%
£925,001 to £1.5 million = 10%
Over £1.5 million = 12%

Current first-time buyer stamp duty rates:

Proportion of property value:
Up to £425,000 = 0%
£425,001 to £625,000 = 5%

First-time buyer rates from 1st April 2025:

Proportion of property value:
Up to £300,000 = 0%
£300,001 to £500,000 = 5%

How will the stamp duty changes affect second home purchases?

As of 1st April 2025, there will be an extra band added into the stamp duty thresholds for additional property purchases, reflective of the general stamp duty changes.

Current stamp duty rates for additional properties in England:

Proportion of property value:
Up to £250,000 = 5%
£250,001 to £925,000 = 10%
£925,001 to £1.5 million = 15%
Over £1.5 million = 17%

From 1st April 2025:

Proportion of property value:
Up to £125,000 = 5%
£125,001 to £250,000 = 7%
£250,001 to £925,000 = 10%
£925,001 to £1.5 million = 15%
Over £1.5 million = 17%

07/07/2024

LENDER RATE CHANGES….what’s happening?

Generally we are seeing some very small reductions across the board but also some small increases too.

Using a broker means we can continue to keep checking the rates for you even after you’ve submitted an application & make any necessary changes if a rate is lower & worth the move for you.

Depending on your chosen lender, a re-score may be required to issue a new offer to you on a lower rate.

This information is something your broker will make you aware of, & the implications, before doing any changes.

10/05/2024

Your invited to a free to attend landlords exhibition

02/04/2024

The Bank of England decided to hold the base rate again yesterday.

Here's a small snippet from the minutes published...

"The MPC voted by a majority of 8–1 to maintain Bank Rate at 5.25%. One member preferred to reduce Bank Rate by 0.25 percentage points, to 5%."

23/03/2024

Balanced Financial Services Mortgage Broker Blogs - regularly updated hints, tips and our view of the mortgage & property industry.

05/03/2024

4 bedroom detached house for sale in Overstrand Way, Sprowston, Norwich, NR7 for £425,000. Marketed by Starkings and Watson, Norfolk and Suffolk

05/09/2023

Your Ultimate Guide on how to choose the right Mortgage Broker

26/06/2023

Selling or renting your home and need an EPC?

Feel free to contact me if you are in the Norfolk area for affordable rates and same day certificate.

09/05/2023

🚨⚠️⚠️ STOP THE PRESS..........HUGE HUGE HUGE NEWS!! ⚠️⚠️🚨

🚨⚠️⚠️ 100% MORTGAGES ARE BACK!! - This is no joke! ⚠️⚠️🚨

Are you a first-time buyer with a track record of paying rent and household bills?

🏡 Who is eligible? 🏡

- Each applicant is a first time buyer
- Each applicant is aged 21 or over
- Each applicant has no missed payments on debts / credit commitments (e.g. mobile phone bill) in the last 6 months
- Meet the lenders 'household-to-household' criteria
- Not looking to buy a new build flat
- Have proof of having paid rent for at least 12 months in a row, within the last 18 months
- Have 12 months experience paying all household bills within the last 18 months.

To proceed - The monthly mortgage payment must be equal or lower than the average of the last 6 months rental cost – e.g. if the average rent over the last 6 months is £800, the mortgage payment must be £800 or lower

Please note that this product may be withdrawn at any time and without notice.

GET IN TOUCH TO FIND OUT MORE...

📨 E: [email protected]
📱 M: 07391 996347 (call, text, whatsapp)



YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.