The property market has seen a huge amount of upheaval and change in 2020. During lockdown, people were told that they were unable to move which disrupted thousands of transactions, and then in July the stamp duty holiday was introduced – this has seen the market bounce back slightly with many buyers keen to take advantage of this tax break. However, now we are back in another second national lockdown, how will this affect the property market?
It’s fair to say that 2020 has been a strange and difficult year. We are all adapting to a “new normal” due to Coronavirus and here at Amphlett Lissimore, we’ve had to change the way we work considerably. Judith Hurle from our Wills & Probate team takes us through how the Will writing process has changed in order to keep everyone safe during lockdown and beyond.
Buying a home can be stressful enough without having to worry about the additional fees that come with it, especially Stamp Duty Land Tax (SDLT) that can play a major factor when it comes to buyer’s budgets.
The requirement to lockdown in the same household adds pressure and strains to a good relationship, but it is more challenging where fractures already exist. If additional behaviours arising from being cramped in the lockdown arrangements or the financial consequences of Covid-19 are making you worry more about the future of your relationship then we are here to help