In a shock result, the UK’s general election returned a hung parliament which pretty much sums up the country’s concern with how the Brexit negotiations have been progressing. It wasn’t the only issue of course, but securing a strong position for UK trade and investment once it has left the EU is a priority for most, and the results have been seen as a vote of no confidence in the current government’s tack of a ‘hard’ Brexit.
Chancellor Philip Hammond’s Autumn Statement was marked by an attempt to counteract the UK’s expected deficit of £100bn caused by the Brexit vote. Yes, Brexit again.
Enness Private Clients was founded in 2007 and on the very day of the launch party, there was a run on Northern Rock and the market ground to a halt. Since then, Enness has gone from strength to strength through the vagaries of the property market. It is well placed to offer UK and international buyers, sellers, investors and developers the benefit of its experience and expertise. Six weeks ago, England and Wales voted to leave the EU causing political and economic turmoil, the likes of which have never been seen. Here’s Enness’ guide to keeping a calm head in this period of uncertainty.
April 2016 has brought two things: rain showers and a stamp duty rise on second (or more) properties. In fact, the Chancellor’s March Budget has marked significant changes for the property market as a whole so let’s recap what homebuyers and landlords can expect of the year ahead.
On March 16 this year, Chancellor George Osborne shared his Budget plans for the UK. Based on weaker than expected growth (2 per cent compared with 2.4 per cent predicted in the autumn statement) the Budget heralded a continuing raft of austerity measures and cuts in public spending that have proved controversial. Continue reading