Copperstones Properties

UK Government encourages first-time buyers with mortgage guarantee

2021 seems to be a year of opportunities for UK real estate investors. Brexit followed by global pandemic impacted adversely on the investors which directly hit the UK commercial and residential real estate market. To curb the affect, the UK government has been taking practical steps such as it has temporarily abolished stamp duty due on the sales of properties up to £500,000.

This discount poses to be an encouraging step for previously hesitant investors, who came out to buy properties not just in central London but at the outskirts too, thus increasing demand of the UK properties.

Exit mobile version