Buying property can be a daunting experience, especially if you are a first time buyer. At Amphlett Lissimore, we always aim to take the stress out of buying your first home by guiding you through the process and explaining what’s going on without any of the legal jargon.
Buying a house is one of the biggest decisions and largest investments you will make in your lifetime. So why do some purchasers agree to buy after just one 20-minute viewing? Diners at a restaurant can spend more time in choosing what meal to have for dinner than others have taken when buying a house. For most, trusting their gut instinct will turn out just fine but for others a rash choice could turn their dream home into a disaster.
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?
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.