Staying on Track for Your Next Move
With the recent Stamp Duty changes, moving may feel more expensive, but your next home is still within reach. Here’s how to keep your move manageable.
Exploring Different Options
Reconsider the type of property, explore lower-priced areas, and look at new-builds with developer incentives. Choose homes that don’t need much refurbishment for better long-term value.
Mortgage Incentives
Some lenders offer deals such as cashback, fee-free remortgages, or low-deposit products. An adviser can help you find the right offer.
Exploring Government Schemes
Schemes like Shared Ownership and Lifetime ISAs can help manage the added costs. Be sure to explore what support you’re eligible for.
Alternative Ownership Options
Joint ownership with family or a partner could ease the burden. Shared Ownership lets you start with a percentage and increase over time.
Planning for Future Financial Changes
Future tax or borrowing rule changes could affect costs. Securing deals or rates now might help avoid future increases.
The key is preparation and flexibility. Speak to your adviser about your options and strategy.