Finance
The average Stamp Duty bill has escalated 490% in the last 25 years
Property price inflation has driven the average SDLT bill in England up from £601 in 1997 to £3,548 in 2021.
Pandora Papers: ‘It’s time to pursue lawyers and accountants who enable tax evasion’
"It’s fascinating that so many of these people in the public eye must have known that eventually their activities would become common knowledge, and yet they opted for offshore secrecy anyway," says…
‘Pandora Papers’ leak exposes more offshore London property deals
"Secret" owners of luxury homes in London have been revealed in a huge data leak, including details of a widely-reported Qatari-owned property on Cornwall Terrace.
Stamp Duty Refunds: Too good to be true?
Stamp Duty is complicated and sometimes reliefs are overlooked, say top lawyers writing for The Chartered Institute of Taxation - so it can be worth revisiting transactions in search of a rebate.
Mortgage approvals slip but remain above pre-pandemic levels
“After the roller-coaster ride of the stamp duty holiday, activity levels in the UK housing market will feel tame by comparison in the final months of this year," says Knight Frank research chief Tom…
Treasury publishes draft Residential Property Developer Tax legislation
Proposed new tax rates targeting major housebuilders are due to bee confirmed in the Autumn Budget.
Mortgage approvals fall again, but remain above pre-pandemic levels
UK borrowers repaid £1.4bn of mortgage debt in July; it's only the second time in a decade that the Bank of England's data has shown a net repayment.
Chelsea buyer seeks massive Stamp Duty rebate over communal garden usage
A buyer is trying to reclassify a house purchase on Tedworth Square to benefit from mixed use SDLT rates - which could mean a tax rebate of nearly £900,000.
CapitalRise backs £14m office-to-resi scheme in Bloomsbury
Prime property lender funds the conversion of two historic townhouses on Great James Street; reports rising appetite for office-to-resi projects in PCL.
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
Foxtons looks to offload its Alexander Hall mortgage arm
High-profile estate agency confirms that it is "reviewing strategic options" for its mortgage business, Alexander Hall.
LendInvest to float
Christian Faes' property finance platform had planned an IPO for 2019, but postponed the move. It now hopes to raise £40m by listing on the London's AIM stock exchange.