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Autumn Statement - Key facts

Posted on Wednesday, November 25, 2015

  • Stamp Duty for buy-to-let and second homes to rise by 3% from next April - raising an estimated £1 billion.
  • The budget for housing has doubled with the promise of 4000,00 new homes.
  • New London Help to Buy scheme - Londoners with a 5% deposit will be able to get an interest-free loan worth up to 40% of new home
  • Help for 600,000 small businesses by extending small business rate relief scheme.
  • £2b allocated to help prevent flooding in residential areas.