The Government has announced Lettings/Estate Agents can begin to resume business. Staff will continue to be working remotely whilst we get staff and the office ready and “Covid 19 secure” and will be following the Government’s guidance as follows:

- We will be carrying out a COVID-19 risk assessment and will share these results with the people employed at Pennington.

- We will be cleaning, handwashing and following hygiene procedures in line with Government guidance.

- We are taking all reasonable steps to help people work from home.

- We will be taking all reasonable steps to maintain a 2m distance in the workplace.

- Where people cannot be 2m apart, we have done everything practical to manage transmission risk.

In the first instance all enquiries should be sent to info@pennington-online.co.uk, this email address is monitored during normal working hours and will be dealt with accordingly. Any maintenance should be reported via Fixflo. In an emergancy call 07474 342732, otherwise please call 07823 651832 or 07823 651890. We will look to re-open the office for appointments only, with the above measures in place subject to any further government advice around the 1st June 2020.

Support, Advice and Experience within the Property Market

Stamp duty: New rule quirk means ordinary people will pay more

From Property Talk Live on May 11, 2016

When a higher rate of stamp duty was announced by the Chancellor last November, it was meant to cool the boom in buy-to-let.
Under the new rules, applying from April 1 this year, anyone buying a property who already owned another property would pay the usual rate of stamp duty – plus a three percentage point surcharge.
This means a buyer’s tax bill could increase by thousands of pounds.
For example, on a property worth £300,000, the charge would increase from £5,000 to £14,000.
George Osborne’s intention was to deter property investors and leave more property free for young families.
But the rules are having unexpected consequences for many. These are people who don’t put themselves in the same bracket as buy-to-let investors, but who nevertheless have discovered that they will have to pay the extra amount when they move, buy a family home or downsize.

http://www.msn.com/en-gb/money/homeandproperty/stamp-duty-quirks-of-new-rules-mean-these-ordinary-owners-will-pay-thousands-more/ar-BBsUiki?ocid=spartanntp

Source: Property Talk Live