Budget 2018: How will homebuyers, homeowners, tenants and landlords be affected?
Here is a roundup of the Budget headlines relating to the property industry and the housing market.
In essence, more help for first-time buyers and plans for homes on the High Street, most first-time buyers of shared ownership properties will now no longer pay stamp duty, and the Help to Buy scheme is to end in 2023 – an extension of two years.
Chancellor Philip Hammond’s 2018 Budget in full – here are the supporting and related documents. Gov.UK
Budget 2018: 24 things you need to know. Here’s the Government’s summary of what was announced. Gov.UK
What does the Autumn Budget 2018 hold for housing? ARLA (Association of Residential Letting Agents)
Mortgage industry reacts to Budget 2018 Mortgage Strategy
Buy-to-let landlords are hit in Budget with capital gains tax exemption restrictions. What Investment
Damp squib of a Budget and no fireworks as Hammond delivers little on housing. Property Industry Eye
Tax break for landlords to be axed in rule change that scraps ‘lettings relief’ for those who rent out their former home. Daily Mail
How will homebuyers and homeowners be affected by the Budget? Here’s what’s changed. Your Mortgage
What the 2018 Budget means for housing: extension of Help to Buy, stamp duty cut for shared ownership and a boost to council house building. Homes & Property
Summary of Budget 2018: Key points at-a-glance. BBC
Budget 2018: What do the housing measures mean? BBC