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Stamp duty changes 1st April 2025! It was announced in the Chancellors recent budget that stamp duty will return to the rates before Liz Truss mini budget of September 2022. This will add £2500 tax to purchases for none first time buyers buying over £250,000. First time buyers will be exempt up to £300,000. The rates from 1st April 2025 are below 0% up to £125,000 2% above £125,000 and up to £250,000 5% above £250,000 and up to £925,000 10% above £925,000 and up to £1,500,000 12% above £1,500,000 The good news is there is still time to beat this rise! If you are thinking of selling now or in the new year call us today to discuss your options.

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Gorleston High Street Christmas Lights! Our Gorleston Office is supporting the High Street lights switch on by displaying one of Jackson Harmer's fantastic skateboards for the kid’s 'Elf Trail'. Should be a great event on the 17th November and we look forward to seeing you all there!

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Bank of England Rate Decision! Good news for home buyers and the housing market as the Bank of England cuts the base rate of interest to 4.75%. The cut was expected, however it isn’t the 0.5% cut that was muted pre budget

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Performer of the Month Congratulations to Louis in our Gorleston who is our Performer of the Month for October! Nominated by Melissa, office manager in Gorleston office. In her words ‘Louis excelled at social media posts in October often in his own time. He also got some really challenging sales across the line whilst still booking a high number of viewings and valuations’ Well done Louis!!

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More Budget News! Stamp duty……two big announcements today. Firstly, stamp duty will return to pre 2022 mini budget levels from 1st April 2025. First time buyers will be exempt to £300,000 with other people buying their primary residence being exempt up to £125,000. A rate of 2% stamp duty will apply from £125,001 to £250,000, 5% from £250,001 to £925,000, 10% £925,001 to £1,500,000 and 12% over that. Currently there is no 2% rate with the first bracket kicking in as above at £250,000. First time buyers currently exempt to £425,000 Second home buyers will be hit with 5% stamp duty levy STARTING TOMORROW!
  1. Capital Gains Tax rates for residential property remains unchanged
  2. Looking forward (if that is the right expression) to the budget!
  3. Proud to be supporting Circus Starr – again!!
  4. East Norfolk 6th Form Celebration Evening.