First-time buyers in London are to be hit by an additional £6,250 stamp duty bill on average from next spring thanks to Rachel Reeves’s decision not to extend a discount introduced by the previous government, a Times analysis by Lucian Cook shows. thetimes.com/article/acfdd8…

Employers NIC to raise £25bn per annum. Still another £15bn needed to get to the £40bn.....

As expected no change to CGT on BTL and second homes with other assets bearing the brunt of the increase.

Quite surprised to see the additional IHT threshold for homes retained - thought that might be at risk. Bang goes the idea of more downsizing as a result....

In a previous life I was a land agent who specialised in tax valuations, Given the changes in relief on Agricultural and Business Property Relief those services will be in high demand.....

Non-doms to be abolished from April 2025 but the devil will be in the detail which will determine whether the targeted tax take is realistic

Buy to let Landlords temporarily relieved by no increase in CGT are going to be less enamoured by a 5% SDLT surcharge. More difficult to see where new rental supply will come from - especially coming on the back of the abolition of the AST.

Initial thoughts on what the budget means for the housing market.... savills.co.uk/blog/article/3…

The moment New Zealand beat India 3-0 - the first time they have been whitewashed at home since 1999 😮 📺 TNT Sports & discovery+ UK

Losing 3-0 at home is a tough pill to swallow, and it calls for introspection. Was it lack of preparation, was it poor shot selection, or was it lack of match practice? Shubman Gill showed resilience in the first innings, and Rishabh Pant was brilliant in both innings— his

Watch this very closely. It would open up capacity for more housing market activity but also price growth. Getting the balance right is tricky, so I would expect some “interesting discussions” between the regulators & the politicians.

Our analysis of TwentyCi data suggests the housing market has struggled to maintain the early year momentum. Net agreed sales broadly back to normal in March, higher than normal new instructions & asking price adjustments relatively high. Price sensitivity set to continue.

Yes, this could change quickly (as the past 24 hours bear witness) but here are our initial views what the tariff-related events of the past week could mean for the housing market... savills.co.uk/blog/article/3…

Yesterday's quarterly stamp duty statistics paint an interesting picture with revenues boosted by the increase in the additional homes surcharge at a time when the amount of tax relief claimed by first time buyers hits a record high