28/10/2026
🏡 UK BUDGET 2026: WHAT DOES IT MEAN FOR MORTGAGES & PROPERTY? 💷
The latest Budget announcements could have implications for first-time buyers, homeowners, landlords and property investors.
Here are six key updates to be aware of 👇
🔑 1. First-time buyers
A new government-backed scheme is planned to help eligible buyers purchase a home with a deposit as low as 2.5%.
🏘️ 2. Buy-to-let landlords
Higher property income tax rates are planned from April 2027 for individual landlords, making it more important than ever to review your portfolio and rental profitability.
💷 3. Stamp duty
No new stamp duty relief was announced, so buyers should continue to factor this into their moving costs.
🏠 4. High-value properties
A new annual surcharge is planned for residential properties in England valued at £2 million or more, from April 2028.
📈 5. Lifetime ISAs
Changes to the withdrawal charge for eligible first-time buyers and a planned new First Time Buyer ISA could affect how some buyers save for a deposit.
🏗️ 6. Affordable housing
Additional government investment has been announced to support more affordable homes.
What does this mean for you?
Whether you’re buying your first home, remortgaging, moving house or investing in property, understanding the changes could help you plan your next move.
📩 Get in touch with JH Mortgages for tailored mortgage and protection advice.
📍 Supporting clients with mortgages, protection and insurance.
Important: Some measures are future changes or planned schemes and remain subject to the relevant rules and implementation. Individual circumstances will vary.
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