HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Manchester and Birmingham set for faster growth than rest of the country as property value rises in northern England.
The British government will allow one of the parents to stay and work in Hong Kong while his or her spouse could bring their children to study in the United Kingdom, such an arrangement was dubbed the “Astronaut Plan” in Hong Kong.
The Bank of England has made an emergency cut to interest rates and incentivised banks to lend more in a wider package of measures designed to counter the shock of the coronavirus outbreak on the UK economy, which also brings positive impact on the real estate market.
Chancellor Rishi Sunak has extended the stamp duty holiday in the Budget. Anyone buying a home worth up to £500,000 before the end of June will now not pay the tax, and could save up to £15,000, with a reduced discount available until the end of September.