Don’t be fooled by data quirks, sky high interest rates are hurting Brits January 10, 2024 Higher interest rates are good news for some, but we should not let that distract from the overwhelming reality, writes Kevin Ferriter.
Ministers called to introduce ‘safety net’ for homeowners following hike in debt costs April 3, 2022 The UK Government was called on to bring a “safety net” for homeowners following a hike in household debt costs. The Lib Dems said extra help needs to be given to first-time buyers, as forecasts from the Office for Budget Responsibility showed household debt servicing costs will increase by £33bn in two years. Under the [...]
We didn’t know it, but it was 2015 not 2008 that changed the housing market forever February 23, 2023 2015 was the year when the "demand and supply" argument in housing was won and lost. Supply won the argument, because in order to build more, we have to drive more affordability first, writes Giles Mackay
The Notebook: Better education to wave in a personal finance revolution in the UK April 9, 2024 Brian Byrnes, Head of Personal Finance at Moneybox, takes the Notebook pen to talk financial education, running the London marathon and ISAs.
Shifting stamp duty burden would hurt first-time buyers August 23, 2019 It was an interesting idea – and sounded great for first-time buyers. On Saturday, Sajid Javid appeared to be considering switching the cost of stamp duty land tax (SDLT) from the buyer to the seller in England and Northern Ireland. On Sunday, in a tweet, he made it clear that he did not support the [...]
Fintech awards season – a reason to be cheerful November 24, 2023 Lord Holmes of Richmond explains why the Electronic Trade Documents Act is an award-winning piece of parliamentary work.
Column: Leafleting, manifesto prep and a BBC debate: the final campaign push June 26, 2024 Like it or not, the six-week election campaign is finally drawing to a close - and come the early hours of July 5 we’re likely to have a new government.
Spiralling house prices push millions into higher stamp duty bracket May 4, 2022 Spiralling house prices have pushed 4.3m households into a higher stamp duty bracket since March 2020, according to the latest research. The average price of a home has skyrocketed by £29,000 to £249,700 since Covid-19, spurred in part by a city exodus and the rush to get deals done amid the pandemic-era stamp duty holiday. [...]
Kwarteng launches most radical tax cut programme in a generation September 23, 2022 Kwasi Kwarteng unleashed a tax cut bonanza in the House of Commons today, helping millions of Brits keep hold of more of their money
Home sellers in for a shock as house prices drop across UK and overall growth slows November 7, 2022 House prices across Britain recorded the biggest monthly fall in October since early 2021, according to an index out this a.m. The average property value fell by 0.4 per cent, marking the third month-on-month drop seen in the past four months, Halifax said. The latest month-on-month decrease follows monthly falls of 0.1 per cent in [...]