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Anthony Flint Life Magazine

Property tips, beautiful holiday locations (for when restrictions are lifted) and our top properties on the market – all in the December edition of the Anthony Flint Life Magazine brought to you by The Guild of Property Professionals.

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Early office closure following Government announcement

The Anthony Flint Property Consultants office has been forced to close immediately following the Welsh Government’s announcement on Saturday.

The office was due to stay open until midday Wednesday but due to First Minister, Mark Drakeford’s decision to bring the alert level four restrictions forward we have now had to close.

We will still be answering phone calls and emails until 5pm Tuesday but will not be allowing anyone into the office or conducting any viewings.

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UPDATED: Christmas opening hours and emergency contacts

Anthony Flint Property Consultants are now closed indefinitely.

The new alert level four restrictions have meant we have been forced to close our doors until at least January 18 – at which time we will review the closure.

We will however be answering emails and phone calls between 10am and 4pm, Monday to Friday, from January 4.

Christmas and New Year opening hours

December 23: CLOSED

December 24: CLOSED

December 25: CLOSED

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Office to close during Coronavirus Firebreak

The Anthony Flint Property Consultants office will be closed as of Friday, October 23, as part of the Welsh Government’s Coronavirus Firebreak.

The office will close at 5pm on Friday, October 23, and won’t re-open until 9.30am on Monday, November 9.

The closure is a result of the circuit breaker announced by the Welsh Government and will also mean we are unable to conduct in-person house viewings during this period.

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Top properties on the market in one of the UK’s top seaside towns – Llandudno

Llandudno has been voted by users of consumer website Which? as one of the top seaside towns in the UK.

Llandudno was the highest ranked North Wales town coming in equal 10th on the list, with a score of 80 per cent, just ahead of Conwy (16th), only five per cent behind the top rated seaside town St Mawes, Cornwall.

Holidaymakers rated the attractions, scenery and value for money among the best parts of the seaside town rating them all five stars (on average).

The beach and the peace and quite the lovely seaside town offers were also appealing to visitors with both those areas receiving a rating of four stars.

Just imaging being able to live in Llandudno and making the most of one of the best seaside towns in Wales all year round.

Anthony Flint Property Consultants have a number of stunning properties on the market in Llandudno and we have compiled a list of the top five.

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Housing market bouncing back after lockdown

The property market has bounced back quickly from months under a Covid-19 induced lockdown to be remarkably robust.

Anthony Flint Property Consultants re-opened its office doors to the public on June 22, albeit under a locked door policy, after being closed for nearly three months.

In the past month since being open, the office has been inundated with inquiries from people wanting to buy, sell, rent or let properties.

According to stats from Rightmove traffic to properties in every Welsh region is higher than this time last year.

And this traffic is converting into action.

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Top properties on the market for under £250,000

As of July 27, 2020, any properties valued up to £250,000 will require no LTT to be paid.

Finance Minister, Rebecca Evans, announced the new temporary changes to Land Transaction Tax (LTT) in Wales recently revealing these alterations would apply until March 31, 2021.

To mark the start of these changes to LTT we have come up with a list of the top properties currently on the market with Anthony Flint Property Consultants that fall under £250,000.

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LTT exemption increased to include all purchases under £250,000

People buying property in Wales under £250,000 will not have to pay Land Transaction Tax (LTT) as of July 27.

Usually properties under £180,000 are exempt from paying tax and a rate of 3.5 per cent is incurred for purchases between £180,000 to £250,000.

However, the Welsh Government announced yesterday a temporary increase to the nil rate band of LTT for residential property transactions in Wales to include the £180,000 to £250,000 bracket, which will come into effect on July 27 and last until March 31, 2021.

Portion of price Usual rate Temporary rate
Up to £180,000 0% 0%
£180,000 to £250,000 3.5% 0%
£250,000 to £400,000 5% 5%
£400,000 to £750,000 7.5% 7.5%
£750,000 to £1.5m 10% 10%
Over £1.5m 12% 12%

Welsh Government Finance Minister, Rebecca Evans, said the change to the tax threshold would not apply to people buying a second property such as a buy to let.

She said: “Our starting residential tax threshold was already higher than any other UK nation. It is the only starting rate that is set above average houses prices.

“Last Wednesday the UK chancellor announced temporary changes to the Stamp Duty Land Tax which only applied to England and Northern Ireland. That Stamp Duty Land Tax holiday up to £500,000 applies to all residential purchases.

“Our goal has been to ensure the fairest balance between lifting the threshold to help economical growth whilst also seeking to provide funding for the urgent pressures facing so many people during this crisis.

“This is a tax holiday that will last until March 31 of 2021. Unlike England this new threshold will not apply to purchase of additional properties such as buy to let or second homes.

“It will support people looking to purchase their first home or looking to move up on the housing ladder.

“So it will offer more targeted help to those who may be effected by the economic challenges resulting from the pandemic.

“The new threshold will mean no tax will be paid on around 80 per cent of transactions in Wales with the main residential rate applied.

“So we’re taking a different approach here in Wales and as a result the decision will not only provide support to home buyers, it also frees up some £30 million to invest in a different even more direct stimulus of the housing industry.”

This now means there are holidays on property sales taxes in each part of the UK.

The chancellor announced a stamp duty holiday for England and Northern Ireland in his Summer Statement on July 8, which came into immediate effect.

While Scotland announced plans for a similar scheme the next day.

If you would like to find out how much tax you will have to pay – there is a tax calculator available on the Welsh Government’s website. Simply click here to access.

The Welsh Government said they are updating the tax calculator and other online services “as a priority” following the announcement yesterday, so the new amendments will be available soon.