Founder Rob Hill Discusses How This Budget Will Affect YOUR Property
In this video, Director Rob Hill, Founder of Greater London Properties discusses how the new budget will affect every Property Owner in the UK..
The 2024 UK Budget brings significant changes that could impact property buying and selling. One key positive was the hold on capital gains tax reforms however it leaves uncertainty about how long this will last and whether future adjustments could affect property investors.
Additionally, the increase in national contributions for businesses is a concern. Many believe this will lead to higher fixed costs, potentially causing job losses and pushing interest rates up—making mortgages harder to secure and slowing down the property market.
For those navigating these uncertain times, staying informed is crucial. Connect with me, Rob Hill on LinkedIn, for regular Property Market updates and what we can expect in the comings week, months and future budgets.
If you would like a Valuation on your property for Sale and/or Rent, please get in touch with my team today and we can arrange a time that is convenient - 0207 734 4062.
Warm Regards
Rob Hill,