Chancellor Rishi Sunak today confirmed that the stamp duty holiday for home buyers in England and Northern Ireland - previously slated to end on 31 March - will be extended for another three months.
More...
Japanese knotweed frequently causes house sales to fall through. This problematic plant tends to make mortgage providers very nervous indeed, and it's common for lenders to pull out when a surveyor discovers Fallopia japonica within (or near) the property's boundaries.
Can I Get a Mortgage on a Property with Japanese Knotweed?
A customer of ours in Caerphilly recently experienced this first hand. Paul Flynn thought he had found a buyer for his property, but his good mood was spoiled when the other party's surveyor reported that there was Japanese knotweed within a few metres of the house. The lender warned that, unless Mr Flynn sought a comprehensive treatment plan (complete with an insurance-backed guarantee), the transaction would not go ahead.
More...
Time is running out for buyers in England and Northern Ireland to complete their purchases before the stamp duty holiday ends on 31 March 2021. Any deals concluded after that deadline will be subject to the lower threshold for Stamp Duty Land Tax; at present, buyers only pay SDLT on properties worth £500,000 or more, but at the end of March, the tax will apply to residential properties worth £125,000 or more.
More...
In a recent interview with the Daily Express, property expert Ray Harriot advised that sellers should tell the truth about Japanese knotweed on their property - even if this would complicate the transaction.
More...
Moving into a new home should be a happy experience. You're starting a fresh chapter and (hopefully) moving a step higher on the property ladder. But if you've unknowingly bought a house that's affected by Japanese knotweed, your joy may be rather short-lived.
More...
