Moshe Moses, Partner in the Residential Real Estate team, was recently featured in the Telegraph, sharing their insights around families receiving more financial help from parents for property purchases amid high interest rates and stamp duty.
The article also noted that the uncertainty ahead of the Budget stalled the property market, with around half of prospective movers delaying their plans until after the Chancellor’s announcements.
Moshe noted that Seddons GSC saw a serious slow down in new transactions in the run-up to the budget.
To read the full piece, visit: https://www.telegraph.co.uk/money/property/buying-selling/bank-of-mum-and-dad-forced-to-help-kids-buy-their-next-home/