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Why stamp duty is stalling the UK property market
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During this episode of the Host Planet Mortgage Podcast, Howard Reuben from HCH Financial Services assesses the current state of the holiday let mortgage market.
Howard discusses the Bank of England base rate, the Spring Statement, and stamp duty. He also shares details of the best holiday let mortgage products currently available.
Key takeaways:
• The Bank of England’s decision to hold the base rate was not a surprise
• Borrowers and investors who need to remortgage in 2025 should plan early and avoid going onto their lender’s standard variable rate (SVR)
• Hefty stamp duty…
The skinny
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