Finance
‘Another missed opportunity’: Prime property industry reactions to the Spring Budget 2024
Featuring insights from: Black Brick, Chestertons, Fine & Country, Harrods Estates, Heaton & Partners, Jackson-Stops, Janine Stone, Knight Frank, Lomond, London Central Portfolio, Prime Purchase, Propertymark,…
Budget 2024: Hunt scraps Non Dom status, abolishes Furnished Holiday Lettings relief & cuts CGT rates for residential property
The Non Dom regime is being replaced with a 'modern, fairer, simpler' tax system based on residency, says the Chancellor.
Treasury considers scrapping Non-Dom status
Next week's Budget could see changes for HNWIs who live in the UK but have tax residencies overseas.
Mortgage approvals rise again as borrowing costs ease
40% more home purchase mortgages were approved in January this year than in January 2023.
Lloyds tweaks house price forecasts, anticipating ‘more modest’ declines in 2024
'We expect house prices to fall between 2% and 4% this year,' says Britain’s biggest mortgage lender.
Could taxing land more than income fix the UK housing crisis?
'The underlying value of land on which housing sits is now the foundation for the UK economy', says Professor Nick Gallent of The Bartlett School of Planning, as he explores one option that could make…
HNW mortgage broker launches insurance offering
Victoria Barton is in charge of Enness Global's new venture.
Currency Matters: The question isn’t whether, it’s when
David Huggett reports on the interplay between real estate markets, currency prices, and interest rates - and what the latest shift might mean for global economies...
Bridging loan activity climbed to an all-time high in 2023
'Remarkable' growth in short-term property finance has been 'no surprise', say industry insiders.
A hedge too far: On the risky business of shorting the housing market
The path to hedged riches is littered with the corpses of those who were unable to remain solvent while markets remained irrational, writes buying agent Ollie Marshall.
Industry Reactions: Mortgage approvals rise again
'A third consecutive monthly increase in mortgage approvals demonstrates that market momentum continues to build,' comments Foxtons' boss Guy Gittins, as the latest BoE data shows a continued recovery…
90% of HNWIs face mortgage rejection, claims lender
'Both high-earning professionals and successful entrepreneurs will often struggle to secure the mortgages they want from conventional mainstream lenders due to the complexity of their incomes,' says Investec.