UK Property is going through a very interesting period at the moment; the UK government announced a stamp duty holiday (exemption) for all properties up to £500k!

In this video, I talk about what the announcement means for first time buyers and provide my own person views on the impact of the announcement based on my own research and experience of the current property market. Jump straight here: https://youtu.be/Qjs8uNRADP8?t=549

I also talk about who benefits from the announcement and what happens if you are in the middle of your property purchase process.
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Impact on UK property and breakdown for First Time buyers
https://www.youinvest.co.uk/articles/investmentarticles/202587/stamp-duty-sugar-rush-housing-market?utm_source=Mini-Budget+reaction+July20&utm_medium=email&utm_campaign=Emergency+budget+update+080720&utm_term=Mini-Budget+reaction%3a+Stamp+duty+sugar+rush+for+the+housing+market&utm_content=190796&gator_td=WtDf8vwaaueL9urctZErCX6hmkktwpcUUQ4s6cgJXS8Dp2xbK3DAwO8MQuF6Pi%2fWBf3BHF%2fg6OFh5J%2bAl%2fWjGYU5OCdpQ49kIK%2fGB0EvQIe%2fFnDrmW%2fdK5Ma7iPUiEP47HW%2bbEwrb0K4OIWF7VRyU0wJYamQbcv40rSutZNFgj1bCwHGNih7Az689h3%2fTe14

Stamp duty calculator:
https://www.stampdutycalculator.org.uk

Stamp duty explained:
https://www.gov.uk/stamp-duty-land-tax
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Music by extenz
exte.nz
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LEGAL DISCLAIMER: All points noted in this video express my own opinion and are based on my individual experience. I am not liable for any advice or points stated within this video as I am not a professional financial/property advisor. This video is purely produced to share my own personal views and knowledge of the UK property market.
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#UKproperty #Firsttimebuyers #UKstampdutyholiday