Entering a new year often comes with New Year’s resolutions, new ambitions, and motivation to make change.
For some this might include remortgaging their property to raise finance for new ventures or renovations, choosing to invest their money in property by purchasing a buy to let or moving home.
The general consensus is that the UK housing market will be positively impacted during 2025, with house prices expecting to rise between 3% and 5% and with inflationary pressures beginning to ease, the Bank of England is forecasted to gradually lower interest rates over the course of the year. However, the blot on the landscape for property purchasers will be the increasing Stamp Duty Land Tax rates due to be implemented on 1 April 2025.
So, whatever your chosen property challenge for 2025 it is important to be prepared and Rutherfords LLP have a well-established Conveyancing Department who can help navigate you through your property transactions.
Please contact us for a quotation or to discuss any questions or queries you may have about your upcoming property transaction by calling 01827 311411 or using the quotation form https://rutherfords.cocoonfxmedia.io/property/
