Rishi Sunak’s Budget: New Tax Measures for Overseas Property Buyers

The Chancellor introduces a stamp duty surcharge for non-residents and outlines funding for new homes for homeless people.

Stamp Duty Surcharge for Overseas Buyers: Leveling the Playing Field

Rishi Sunak’s Budget confirms a 2% stamp duty increase on overseas property buyers, aimed at balancing the housing market for domestic buyers.

£1 Billion Fund to Remove Unsafe Cladding from Residential Buildings

The Chancellor allocates additional funding to address dangerous cladding materials in buildings taller than 18 metres.

New Homes Programme: Chancellor Announces £12 Billion for Affordable Housing

Rishi Sunak extends the Affordable Homes Programme, allocating £3 billion in new funding for affordable housing development.

No New Measures for First-Time Buyers in Rishi Sunak’s Budget

Despite prior discussions, no new policies were introduced to help first-time buyers, leaving many disappointed.

Government Pushes for Safer Housing with Cladding Removal and Planning Reform

A focus on building safety and planning reforms is highlighted, with promises for a "twenty-first-century" planning system.