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As the days grow shorter and the chill sets in, it can be easy to feel a bit downcast. But autumn and winter bring their joys, and there’s plenty to look forward to as we enter the final three months of 2024.
After months of fevered speculation, Chancellor Rachel Reeves will unveil her autumn Budget next week (Wednesday 30 October). As the announcement could have important implications for landlords, let’s consider what might be included in it.
Earlier today, the Bank of England (B of E) announced that the base interest rate will be cut by 0.25 to 4.75%. This is good news for the property market.
PM Keir Starmer has already issued a warning that next week’s Budget will be painful… to help fill a ‘£22 billion black hole’ of debt. So, could this Budget be painful for homeowners? In this article, we’ll take a look at what Chancellor Rachel Reeves might be planning.