Thousands could be reclaimed in inheritance tax following falling house prices
Families could reclaim thousands of pounds in inheritance tax, if executors end up selling an inherited property for less than its IHT valuation
The effects of tax and regulation on the buy-to-let market, three years on
The 3% SDLT surcharge and the reduction of mortgage interest tax relief have changed the shape of the buy-to-let market
Private Finance opens first regional office
Indy mortgage broker has moved into Shrewsbury as part a “strategic expansion” into the Midland and North
Battersea Power Station secures £600m package for Phase 3 development
Financing for Phase 3 of Battersea’s 42-acre regeneration project has been successfully completed
Prime Dining: Uma Rajah of CapitalRise on the changing face of high-value property finance
Property lawyer & food writer Nicky Richmond talks FinTech, crowdfunding & mouthfeel with CapitalRise CEO Uma Rajah, over Celeriac Shawarma and Kombucha at ROVI in Fitzrovia.
‘Land & property are under-taxed’: Influential think tank calls for ‘fundamental’ economic reforms
“Fundamental reform has happened twice before in the last century following periods of crisis,” says the IPPR in a major new report “– with the Attlee government’s Keynesian reforms in the 1940s and the Thatcher government’s free market reforms in the 1980s. Ten years after the financial crash, change of this magnitude is needed again.”
Developers contribute £6bn a year to community infrastructure projects
New CIL reforms mean local councils now have to declare developers’ contributions and how levies are spent
Mortgage approvals jump to highest number since 2009
95,126 mortgages were approved by the main high street banks in July 2019; the highest monthly total since July 2009
James Taylor Homes secures £25m loan for SW London resi scheme
Investec shows ‘continued commitment to resi development finance’, agreeing to fund the conversion of a former hotel in Kingston town centre into 89 resi units
Five-year fixed rate mortgage costs fall as borrowing becomes cheaper around the world
“We have often thought that rates can’t go any lower, but here we are again,” says David Hall of Knight Frank Finance
European property fund raises $2bn
Ares is targeting “distressed” and “complex” residential and commercial assets in major European cities
A delicate balancing act: Lucian Cook presents the case for Stamp Duty reform
There’s been a lot of talk about Stamp Duty switches and tinkering in recent weeks – amped-up by some mixed-messaging from the Chancellor over the weekend. So here’s Savills’ research chief Lucian Cook with a measured and informed look at the risks and rewards of four flavours of SDLT reform…