Some things we’d like to share…

TL;DR: Yes, most reputable online Stamp Duty calculators are designed to show the increased rate of Stamp Duty Land Tax (SDLT) applicable to buy-to-let properties and second homes, which includes an additional 3% surcharge. However, users must ensure they select the correct purchase type within the calculator for the accurate higher rates to be applied, as the system does not automatically assume a property is a second home.

Summary: Primary measures are significant energy-saving upgrades like wall insulation or heat pumps, while secondary measures are smaller improvements like heating controls. Generally, you must install a primary measure to unlock funding for secondary ones under UK government grant schemes.

Summary: Retrofitting is the process of adding new technology or features, such as insulation or heat pumps, to an existing home to improve its energy efficiency. It helps lower energy bills and increases comfort, but owners should carefully consider the costs and financing risks, as your property may be at risk if repayments are not made.

Summary: Gross household income is the total sum of all money earned by the residents of a home before tax and National Insurance are deducted. It includes salaries, bonuses, and certain benefits, and it is a primary metric lenders use to determine how much you can safely borrow. Your property may be at risk if repayments are not made.

Summary: Low carbon heating refers to systems like heat pumps and biomass boilers that produce significantly lower carbon dioxide emissions than traditional gas or oil boilers. While these systems may help future-proof your property and improve Energy Performance Certificate (EPC) ratings, they often involve higher initial costs that may require specialist financing.

Summary: An Energy Performance Certificate (EPC) measures a property’s energy efficiency and is a legal requirement for most UK buildings. It is considered the “master key” to funding because high ratings can unlock lower interest rates, “green” mortgage products, and essential capital for landlords. Your property may be at risk if repayments are not made.

Summary: A retrofit coordinator is a mandatory professional under the PAS 2035 framework who manages home energy efficiency projects to ensure quality and safety. You need one to access government grants, prevent property damage from poorly planned upgrades, and ensure your home improvements deliver genuine energy savings.

Summary: Lenders often define “low income” based on disposable cash rather than your total salary. Understanding these secret criteria can help you secure finance even if your headline earnings seem modest. Always remember that your property may be at risk if repayments are not made.

Summary: Arrears, fines, and defaults are treated as major indicators of financial risk by lenders. They are factored into affordability and credit scoring calculations, typically resulting in higher interest rates, stricter lending criteria, or rejection. The impact depends heavily on the severity of the issue, its recency, and whether it has been satisfied or resolved.

Summary: Every financial, legal, and lifestyle decision you make creates ripple effects, fundamentally shaping the security and stability of your family. Proactive planning, including making a Will, setting up adequate life insurance, and prudent debt management, is crucial to ensuring your dependents are protected against unexpected events.

Summary: Lease finance is widely used for company cars in the UK, primarily through Contract Hire (operating lease) or Finance Lease. These methods offer cash flow advantages and tax efficiency, but businesses must carefully manage mileage limits, adhere to strict HMRC rules regarding VAT reclaim, and be prepared for potential end-of-contract charges.

Summary: Lease finance affects business risk by shifting the burden of asset ownership to a third party, which can improve liquidity and protect against equipment obsolescence. However, it creates fixed long-term financial obligations and may result in a higher total cost than purchasing the asset outright.