DiscoverThe Business of PropertyEpisode 224: The Budget's Impact on Property Businesses and Mortgages
Episode 224: The Budget's Impact on Property Businesses and Mortgages

Episode 224: The Budget's Impact on Property Businesses and Mortgages

Update: 2024-03-13
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In this episode, Stuart, Simon, and resident mortgage broker Simon Glastonbury discuss the recent budget's impact on property businesses.



They cover the VAT threshold increase, the capital gains tax reduction for property sellers, and the decrease in the tax-free allowance. Stuart welcomes tax reductions, while Simon Glastonbury highlights how the lower allowance might negate tax rate benefits for some. They address the budget's effects on landlords and first-time buyers, expressing disappointment over the absence of 99% loan-to-value mortgages. They also debate the abolition of multiple dwellings relief and its implications for large investors. The episode offers a detailed analysis of the budget's influence on property investment and ownership.



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Special Guest: Simon Glastonbury.

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Episode 224: The Budget's Impact on Property Businesses and Mortgages

Episode 224: The Budget's Impact on Property Businesses and Mortgages

The Business of Property