HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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The United Kingdom has beaten the United States to become the most popular destination for overseas Chinese students, according to a recent survey.
The news comes amid an intense tariff war between Beijing and Washington.
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Amid the uncertainty of Brexit and increasing tax burdens for landlords, 2018 may be the year for rental investors to branch out beyond the obvious in the North of England.
Below is the summary of measures announced by Chancellor Rishi Sunak in the Budget.
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STAMP DUTY HOLIDAY FOR PROPERTIES COSTING UP TO £500,000 AND COMPLETED BEFORE APRIL, 2021 IN ENGLAND
The government has temporarily increased the stamp duty threshold to £500,000 for property sales in England and Northern Ireland. First-time buyers will not be taxed if the property is costing £500,000 or less and the legal transaction is being completed before April 2021, more expensive properties will only be taxed on their value above that amount.