Golden Summer Ahead for Property Buyers Following Chancellor’s Statement
This week the Chancellor’s Summer Statement brought welcome good news to the UK property market, signalling the start of a bounce-back in sector recovery. The UK government plans are all about growth, confidence and recovery as we emerge from the Coronavirus lockdown and look to the future. Let’s take a look at the highlights, what this means for West Sussex property buyers and sellers, and why this year may just be the perfect time to make that move! What is the Chancellor’s Address? If you haven’t heard of the summer statement before, you’re not alone! This is a one-off outside of the usual governmental schedule of policy and budget announcements, owing to the disruption that the pandemic has brought across the country. Rishi Sunak is the Chancellor of the Exchequer, responsible for public spending, taxation and borrowing. Sunak acts as the chief financial minister to the UK government and has over-riding responsibility for the treasury. The Statement introduces a £30 b