Property tax and stamp duty changes announced in Spring Budget
By Michael Poole on 8th Mar 2024Here’s a brief overview of what today’s Spring Budget means for homeowners, renters, landlords, and first-time buyers. Capital Gains Tax Rate Reduction: Starting April 6, the higher CGT rate on residential property sales will...
The Fastest Areas To Sell In Teesside
By Michael Poole on 6th Nov 2023The average time to sell a property in Teesside is 17.12 weeks, according to recent statistics from house-buying company Property Solvers (Source: Teesside Live). The data follows a property from the time it is advertised on the...
The first 100% LTV mortgage was launched today.
By Michael Poole on 9th May 2023The first 100% LTV mortgage was launched today. This means that if the buyer meets the lending policy/criteria, no deposit is required. Because this scheme will be shared on social media, we wanted to provide accurate information...
Industry Update September 2022
By Michael Poole on 23rd Sep 2022Have The Interest Rates Increased? The government saw the seventh increase in interest rates, as expected. The interest rates were inevitable with the highest inflation rate in decades and a government keen to cut taxes. The Bank...
Making a Successful Mortgage Application
By Michael Poole on 9th Oct 2021How can you prepare yourself to ensure your mortgage application is successful? Take a look below! Firstly, expect to be asked detailed budget questions. Borrowers should expect questions about not only their income but also their...
Mortgages - where do I start?
By Michael Poole on 1st Feb 2021Buying a property is more than likely one of the biggest purchases you will make. Take a look below for information on the mortgage process, how to get accepted and how we at Michael Poole Estate & Lettings Agents can help. What...