The Spring Budget 2024 this afternoon has introduced some changes that could significantly influence your Lincoln property strategies and investment outcomes. Here’s a comprehensive mini update: Capital Gains Tax Cut: A major highlight is the reduction in the higher rate of property Capital Gains Tax from 28% to 24%. This…
Now that I have had time to reflect, this week we look at what the Autumn Budget will mean for Lincoln homeowners and landlords. The Chancellor’s Autumn Budget: What Does It Mean for Lincoln? After months of rumour, leaked ideas and speculation, the Chancellor’s Autumn Budget has finally arrived. Many…
If you listened to the doom merchants, you would think first-time buyers (FTB) in Lincoln had no chance at all. According to the loudest voices, buying a first home is impossible, the ladder has been pulled up, and the only people who buy their first homes today are lottery winners…
The Autumn Budget delivered the expected changes to housing and taxation, although the impact will be felt more in sentiment than in immediate cost. The centrepiece was the new annual levy on homes worth more than £2m, due from 2028. Owners of £2m plus homes will pay more and the…