March 14, 2018
In the Autumn 2017 Budget, it was announced that an independent review into the build out of planning permission into homes would take place. The review is being conducted by Sir Oliver Letwin who has published a letter on the progress of his review.
The purpose of the review is to investigate the difference in the number of housing completions compared to the amount of land allocated for housing. The review will aim to make recommendations for closing the gap, particularly in high demand areas.
The letter by Sir Oliver advises that he will be considering exclusively the question why, once major house-builders have obtained outline planning permission to build large numbers of homes on large sites, there can then be a delay in building those homes.
As part of his investigation, Sir Oliver states he has so far:
Over the coming weeks it is envisaged that the investigation will include:
Sir Oliver hopes to publish the results of his analysis by the end of June 2018 and to propose recommendations from the summer onwards.
You can read the full letter here:
Government Announces Stamp Duty Holiday
As you may have heard, the Government has today announced changes to the stamp duty payable in England and Northern Ireland. This means reduced rates of Stamp Duty Land Tax (SDLT) will apply for residential properties purchased from 8 July 2020 until 31 March 2021 inclusive.
BHW Once Again Named East Midlands’ Most ‘Highly Commended’ Conveyancing Firm
BHW has received the award for the East Midlands’ most 'highly commended' conveyancing firm for the second year running.
BHW Shortlisted for Conveyancing Firm of the Year
BHW Solicitors have been shortlisted for Regional Conveyancing Firm of the Year 2019.
Buyers and Tenants Beware
All you need to know about the government-backed Help to Buy Scheme in our handy guide.
Buying and selling New Build properties can be confusing. Cut through the jargon with our helpful glossary.
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Help to Buy is here to help. And it's not just for first time buyers. Help to Buy can help you get onto the property ladder, or move up it.Visit Website
The calculator works out the Stamp Duty Land Tax (SDLT) you'll have to pay for residential purchases.Visit Website
NHBC is the UK's leading independent standard-setting body and provider of warranty and insurance for new homes.Visit Website
For all applications received at Land Registry offices on or after 17 March 2014Visit Website