Selling UK Property – Do It Now Or Later?
The UK housing market is as tumultuous as it was at the start of the housing crisis. Yes, the indices are still showing positive growth and there is still plenty for the market bulls to send us all off to happy land on a cloud of absolute recovery, but that is only half the story. We have just elected a new government, and no ordinary government; the first ever Lib-Dem, Conservative coalition in the history of British politics. This incoming government has acted swiftly on what it feels are the housing market’s problems; firstly by suspending the Home Information Pack, by telling us there is no government money for affordable housing, and by proposing to up capital gains tax on non-business transactions from the current 18% to 40% or more. For more advice on house selling, stopping repossession and conveyancing visit www.theadvisory.co.uk.