Chancellor of the Exchequer Rishi Sunak latest updates:
March 3, 2021
Stamp Duty holiday will end at the end of June 2021 instead of March 2021.
Tax free income threshold to be frozen at £12,500 until 2026.
5% deposit mortgages for first time buyers backed by a Govt guarantee.
100% business rate holiday for qualifying sectors will continue until June.
Businesses will be given incentive payments of £3,000 for all new apprentice hires of any ages.
The national living wage will rise to £8.91 per hour from April.
The Universal Credit uplift of £20 a week will continue for a further six months.
£10m to support veterans with mental health needs.
You May Also Enjoy
Solutions to fix construction skills
The Centre for Social Justice (CSJ) has released a report titled, ‘Skills to Build: Fixing Britain’s construction workforce crisis.’ After speaking to several organizations and having roundtables to garner a wide understanding of the sectors’ perspectives and needs, they have proposed twenty six recommendations that will fix the issues underpinning the skills crisis. Richard Beresford,…
Read More Budget Commentary – Mansion Tax, Business Rates & Planning Reform
Andrew Teacher, Co-founder at LauderTeacher, one of the UK’s leading advisors on real estate communications, investor relations and a former spokesman for the BPF, comments on the potential Budget. Mansion tax “Nobody likes paying tax, but the reality is a council tax revaluation is long overdue. Rather than distorting the market, which is what a…
Read More Budget 2025 market data & home-mover and agent insight
Speculation about property tax changes is fuelling uncertainty across much of the market Rightmove research found that home-movers would favour staggered stamp duty payments, while a poll of estate agents also suggested that staggered payments would be a preferable change to shifting payment to the seller Rightmove data on rumoured property tax changes Mansion Tax…
Read More Breaking Property News 24/11/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Symple resolves four core issues in the new Renter’s Rights Act Automating compliance in the new PRS landscape The Renters’ Rights Act has raised the bar for private landlords in England in terms of property condition, hazard resolution, evidence of compliance and regulatory registration. Symple…
Read More What does Rachel Reeves have in store for the UK property market?
With the Autumn Budget now just days away, speculation is mounting that the Chancellor, Rachel Reeves, will use property taxation as a central tool to address the widely reported fiscal shortfall of between £20bn and £40bn. As a result, the housing market has entered a period of caution, with asking prices falling 1.8 percent in…
Read More Why Property Guarantors Need Legal Advice Before Signing
When it comes to property deals, it’s natural to look for additional support, especially when you’re not fully confident about meeting the terms of the agreement. This is where a guarantor comes into play, as they step in to give the property owner some assurance. The idea of helping someone you trust can feel quite…
Read More 
