Finance
Chancellor weighs CGT hike up to 39%
Treasury models seen by The Guardian suggest hiking Capital Gains Tax that much would be 'detrimental' to the national finances.
GB Bank continues growth ambitions with four senior appointments
New exec team 'will be pivotal as we continue to grow and solidify our position as the Bank of choice for specialist property finance,' says recently-appointed CEO Mike Says.
GB Bank installs new Chair; secures £20mn funding boost
It's a 'transformational time' for the expanding property lender, says incoming Chairperson Huw Morgan.
Short-term lender salvages superyacht deal with super-fast £18.2mn loan
Cohort Capital received a big-ticket loan request on Friday afternoon - to secure a superyacht on a Belgrave Square apartment - and closed the deal before lunch on Monday.
FCS Compliance launches free AML reminder service
'AML Protect' aims to help businesses avoid one of the biggest drivers of HMRC AML fines
£8mn backing for ‘prestigious’ resi project in Wimbledon
Golden Earth Developments is collaborating with high-end design firm Gunter & Co on the CapitalRise-backed scheme.
Property Industry Reactions: BoE holds interest rates at 5%
Today's unsurprising decision 'suggests that bringing interest rates down will be a test of stamina not speed,' notes Jackson-Stops boss.
Auriens Chelsea completes on £140mn refinancing deal
Luxury retirement living developer's new management team says the long-term finance package 'demonstrates the market’s confidence in its bright future.'
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
Second home owners sell-up following Welsh Council Tax hike
'We're seeing properties come on the market at such a volume that I've never seen in 30 years,' says one Welsh estate agency owner.
BoE heralds ‘optimism’ as mortgage lending picks up
Mortgage lending has hit the highest level since November 2022.
October’s Budget ‘is going to be painful’, warns Starmer
'Those with the broadest shoulders should bear the heaviest burden,' said the Prime Minister.