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The budget and SDLT changes

Increases to commercial property rates The announcement in the budget that non-residential rates would rise from midnight caught most people unaware.  There was never a particular reason for the disparity between the "slice" system for residential property and the "slab" ... Read more

Buy to let landlords – under attack?

This article was originally published in Wimbledon Time & Leisure in February 2016.   Buy to let landlords - under attack? Around 40% of the housing stock in Merton is rented rather than owned, with around half of that being rented from ... Read more

SDLT “Additional Residential Property” Consultation

SDLT "Additional Property" Consultation Many readers will be aware of the changes that were announced in the 2015 Autumn Statement regarding higher rates of Stamp Duty Land Tax (SDLT) for purchasers of "additional properties". In short, the purchase of any new buy-to-let ... Read more

Stamp Duty Land Tax – A new “additional property” rate from 1 April 2016

In the Chancellor's Autumn Statement it was today announced that a surcharge of 3% would be introduced on all of the SDLT rates for buy-to-let properties and for second homes. The Chancellor believes that the new surcharge will raise £1 billion ... Read more

Give-it-Away’s Give-it-Away begins!

For a number of years Ashworths has supported Give-it-Away. Give-it-Away is not a charity in its own right, but is a company that develops and trades in property and gives ALL of its profits away to local charities.  In recognition ... Read more

Stamp Duty changes a few months on

The announcement by the chancellor at lunchtime on 3 December 2014 introducing changes to the stamp duty thresholds caused quite a stir in most property departments and estate agencies across England. A surreal panic set in since the reforms ... Read more
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