The Heron Financial Podcast

Budget Reaction - What this means for the Property Market

Heron Financial Season 2 Episode 3

Matt & Richard get into the detail of the budget, specifically looking into the aspects that will impact the Mortgage/Property world. Main topics covered were:

  • Stamp Duty on 2nd Homes up to 5%, now in effect
  • £5 Billion of Funding in the housing sector
  • Right To Buy Discounts 'reduced'
  • Capital Gains Tax increases (but remains free on your residential property)
  • Abolition of Non-Dom status
  • Change to definition of 'debt'
    • The big rabbit out the hat moment

So for that, and a lot more, we hope you enjoy the episode

If you would like to learn more, please do get in contact with us. All our details are on the website - https://heronfinancial.co.uk/