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Wirral Waters

We love these pictures of how Wirral Waters will look.

Although the development of Wirral Docklands will take some 30 years to fully complete, projects bringing houses, care facilities and office space are set to be finished within the next 5 years.

This will bring jobs and housing to the area.

There is to be planned investment in public transport, with plenty of green space and local employment opportunities.

Here at Hamilton Square Estates, we have a wide range of investment property in Hamilton Square, next to the Wirral Waters Development.

Phone our Hamilton Square Office on 0151 200 2102 for more information.

 

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Wirral Property Group

Wirral Property Group have been offering property repair, renovation and refurbishment services to the clients of Hamilton Square Estates for several years now.

Over the past 18 months Wirral Property group have also been offering their services to private clients across the Wirral, Chester, North Wales and Liverpool City Centre.

For more information on how Wirral Property Group can help with your property needs, please visit http://www.wirralpropertygroup.co.uk

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UK Property News – Changes to Stamp Duty and other Housing News from the in 2017 Budget

Key stamp duty changes and other housing points from the Philip Hammond’s Budget yesterday:-

  • Stamp duty for first-time buyers purchasing properties up to £300,000 is to be abolished, with immediate effect.
  • In London, and other expensive areas, a £500,000 purchase would have no stamp duty on the first £300,000 and 5% stamp duty on the remaining £200,000.
  • In England, Wales and Northern Ireland, the reduction will apply immediately. Please see our previous news article (20th November 2017) about the introduction of Land Transaction Tax in Wales in April 2018.
  • The reduction will not apply in Scotland (unless the Scottish Government applies it).
  • Councils will be given power to charge a council tax premium on empty properties of 100%.
  • The Government have pledged £44bn in housing support, with a target of 300,000 new homes being built per annum by the middle of next decade.
  • Planning permission delays to be reviewed.
  • £400m to regenerate housing estates.
  • £1.1bn to release “strategic” sites for development.
  • Compulsory purchase of land set aside by developers for financial reasons.

If you have any queries relating to the above changes, and it’s impact on your property purchase, please contact Andrew McCausland on 0151 200 2102.

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North Wales Property – Introduction of Land Transaction Tax in Wales – Flintshire, Wrexham

In Wales, from April 2018, Stamp Duty Land Tax (SDLT) will be replaced by Land Transaction Tax (LTT).

LTT will apply to both residential and non-residential transactions and the rates have recently been released.

Clarification regarding a transitional period for property transactions occurring during the change from SDLT to LTT is awaited – we will keep you informed.

 

Price Threshold Residential Rates Non-Residential Rates
£0 – £150,000 0% 0%
£150,000 – £250,000 2.5% 1%
£250,000 – £400,000 5.0% 5.0%
£400,000 – £750,000 7.5% 5.0%
£750,000 – £1m 10.0% 5.0%
£1m – £1.5m 10.0% 6.0%
£1.5m and above 12.0% 6.0%