Finance
Stamp Duty receipts rocket
HMRC's revenue from SDLT was 22% higher last month than in March 2020.
CapitalRise funds new SW London project
Prime property finance platform has lent over £100m to prime property developers in the last five years.
Court rules on ‘secret’ broker commissions
Brokers should owe a "duty of loyalty" to borrowers, rules the Court of Appeal, in a judgement that provides "much-needed clarity" to the mortgage industry.
Tax advisor fined for Stamp Duty avoidance
A well-known tax advisor has been fined for allegedly avoiding Stamp Duty, after losing an appeal against a First Tier Tribunal.
Investors are forming ‘clubs’ to skirt the new overseas buyer Stamp Duty surcharge
"Rather than invest in a single buy-to-let personally, some overseas investors are joining 'club' deals where they take a share of a collective purchase of six or more properties," says Blick Rothenberg.
Century completes £5.5m loan on Chelsea mansion
Prime resi bridging lender reports bumper week of deals in spite of some ‘challenging’ conditions.
Government’s new ‘Tax Day’ brings a raft of policy consultations – but nothing major on CGT or Stamp Duty
HM Treasury has published a suite of some 30 consultation documents and policy proposals that are "designed to enhance the stability and effectiveness of the UK tax system by outlining a future pathway…
What would a CGT hike mean for buy-to-let landlords & second homeowners?
“The proposed changes from the Office of Tax Simplifications would act as nothing more than another nail in the coffin of the buy-to-let sector, in particular," says estate agency Benham and Reeves.
Hilltop plans to deploy ‘up to £300m’ on resi development projects in the next three years
Development finance firm Hilltop has secured major US backing for residential construction investments in the UK.
Required Reading: The Budget 2021 for HNWIs & business owners
The team at law firm Mishcon de Reya has trawled through HM Treasury's Budget documents to come up with this digest of the key points for business owners and wealthy individuals...
Budget 2021: Stamp Duty holiday extended to September
As expected, Chancellor Sunak has extended the Stamp Duty holiday for a few months, taking a sensible (albeit steep) tapered approach to avoid the hard cut-off that's caused so much angst over the last…
Wilben project pushes CapitalRise to £100m+ lending landmark
EXCLUSIVE: A project by Wilben Developments in Chelsea has taken luxury property finance platform CapitalRise to a lending milestone.