The home

Average inheritance now £119,000

Over 55s are likely to save the majority of any inheritance, which now stands at £119,000.

Younger generations set to inherit more than predecessors

Younger people are likely to inherit more wealth than their predecessors in previous generations.

Stamp duty viewed as barrier by first-time buyers

Two thirds of aspiring homeowners would be more likely to purchase a home if they didn’t have to pay stamp duty.

Mortgage guarantee scheme closing

The Help to Buy Mortgage Guarantee scheme will close on 31 December 2016.

Landlords shifted into higher tax bracket in 2017

More than 440,000 basic rate tax paying landlords could be moved into a higher tax bracket from April 2017.

Women increasingly sole household earners

40% of women workers are now the sole earners in their households, according to research by Aegon.

Right to Buy helps 56,000 house purchases

Over 56,000 homeowners used the government’s Right to Buy scheme when purchasing their first home, according to the Department for Communities and Local Government.

Home improvements favoured over moving

Planning on selling your property? 59% of homeowners think that making improvements to their current home is a better option than trying to move up the housing ladder.

Record number of property sales exceed IHT nil-rate band

A record proportion of properties sold in 2016 to date exceeded the inheritance tax (IHT) nil-rate band limit of £325,000.

Home ownership falls to 1986 levels

Purchasing your first property? Home ownership has seen its sharpest fall since the early 2000s.

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