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What the Budget 2020 cladding announcement means: how will the new £1bn fund impact those living in potentially unsafe buildings

The Chancellor's announcement of a new £1bn fund for cladding removal, in additional to the £600m already pledged, will come as welcome news to many. Chancellor Rishi Sunak’s Budget statement confirmed £1 billion of additional funding will be allocated to the removal...

Read    13/03/2020

Budget 2020: Stamp duty hiked for overseas buyers

The government will go ahead with plans to increase stamp duty for overseas buyers, chancellor Rishi Sunak announced today. He said the government will introduce a new stamp duty surcharge of two per cent for foreign buyers to make it easier for domestic buyers as pa...

Read    12/03/2020

Homebuyers left disappointed as a Budget stamp duty cut fails to arrive, but delayed hike for foreign investors may trigger a mini-London boom

Homebuyers left disappointed as a Budget stamp duty cut fails to arrive, but delayed hike for foreign investors may trigger a mini-London boom Chancellor decides against stamp duty overhaul this afternoon in 2020 Budget Property taxes due to bring £12.8billion into t...

Read    12/03/2020

Budget 2020: Stamp duty shake-up to help Brits buy homes and end rough sleeping

Britis struggling to buy Plans unveiled in the Budget will make buying homes in Britain more expensive for people abroad, and use the cash to help rough sleepers Chancellor Rishi Sunak has announced Overseas buyers will pay 2% more for a home in Britain than UK ...

Read    12/03/2020

Budget 2020:what Rishi Sunak’s announcement means for housing — from stamp duty hikes to cladding removal fund

A stamp duty surcharge for overseas buyers, planning reform and a fund to remove dangerous cladding were among housing-related measures announced in today's Budget. In a Budget that focused on mitigating the impact of coronavirus on the British economy, comparatively...

Read    12/03/2020

Budget 2020: How will the Real Estate Industry be affected?

John Webber, head of business rates at Colliers, said: “Whilst helping SME’s is to be applauded, there is nothing in the Budget that tackles the issues of the larger businesses – and these are the ones shedding the jobs.” “Without helping larger businesses on busines...

Read    12/03/2020

Chancellor pledges Billions to fund industry projects

Chance for RebuildingConstruction industry leaders reacted positively to the Budget announced today by Rishi Sunak, but several key figures said they were expecting more. Despite another delay to the national infrastructure strategy, the new chancellor revealed ambit...

Read    12/03/2020

Sunak's debut budget delivers £30bn investment bonanza

https://reactnews.com/article/budget-2020-property-take-aways/ Mary-Anne Bowring, group managing director at residential property consultancy Ringley, said: "The falling pound has made housing more affordable to overseas buyers, while domestic buyers have had to cont...

Read    12/03/2020

Cladding: what new advice mean for sellers

You may not have realised that the Grenfell Tower fire could affect you,but if you own a flat of any height with any type of cladding, or none at all, it probably will. New safety advice on external walls means that the owners of the three million privately owned fla...

Read    04/03/2020

Stourcliffe nominated for roofing award

Stourcliffe Close, a Portman Estate block near Marble Arch, is in the process of having a complete external refurbishment including window replacement, structural repairs, redecoration and roofing work. As part of the scheme, the roof had to be recovered which caused...

Read    29/03/2016

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