Economic Update 2020

Economic Update 2020

Following Rishi Sunak’s Summer Statement on Wednesday, we have produced a summary of the main announcements in a downloadable Economic Update.

Shared ownership – pleasant surprise for first time buyers

Shared ownership – pleasant surprise for first time buyers

Shared Ownership In a move which will come as a pleasant surprise to first time buyers of shared ownership homes, the Chancellor Philip Hammond announced that stamp duty on shared ownership homes which cost up to £500,000 is to be abolished from 29 October 2018. The...