Looking at this article the key part in my eyes is the comments from the monetary policy committee on growth. ‘It expects growth of 14 per cent in 2021, followed by 4 per cent in 2022.
This is a good positive read and like many other economists seem to expect a bounce back later this year and next based on a v-shaped recovery.
https://www.mortgagestrategy.co.uk/news/boe-talks-recession-keeps-rate-at-0-1
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Sweeping planning reforms have been proposed in England on the back of the Prime Minister’s £5bn pledge to
The property market is enjoying brisk business on the back of the Chancellor’s stamp duty payment holiday. Nationwide
The stamp duty holiday has boosted the number of sales agreed across the UK housing market. In the
The garden or home office is having a moment, understandably edging to the top of many property buyers’
With the Chancellor announcing a stamp duty holiday for all buyers, the news is particularly welcome for those
| Tax Band | % | Taxable Sum | Tax |
|---|---|---|---|
| less than £500k | 0 | £0 | £0 |
| £500k to £925k | 5 | £425,000 | £21,250 |
| £925k to £1.5m | 10 | £575,000 | £57,500 |
| rest over £1.5m | 12 | £3,500,000 | £420,000 |
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