Finance
Treasury to reconsider VAT relief on listed building repairs
Campaigners are chalking up a win following "a major shift in policy from the Treasury" over tax relief for listed building repairs.
Chancellor announces three-month mortgage payment holiday as Government moves to a wartime footing
The latest package of Coronavirus-beating measures from the Treasury includes a payment break for mortgage-holders. "We will do whatever it takes," says the Chancellor.
Budget 2020: The need-to-know for HNWIs & business owners
The Mishcon de Reya team has penned a handy summary of key policies and changes announced by Chancellor Rishi Sunak in the Budget 2020.
Budget 2020: Non-UK residents to face 2% SDLT surcharge from April 2021
Chancellor Rishi Sunak has confirmed a new property levy for foreign buyers, alongside a huge infrastructure spending plan and a suite of measures to ease the impact of the Coronavirus epidemic.
BoE cuts interest rates in response to ‘the economic shock from Covid-19’
The Bank of England has cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak.
Italian Government suspends home mortgage payments over Coronavirus outbreak
Unprecedented move will see a moratorium on home mortgage payments and household bills across Italy; UK lenders start offering payment holidays.
Candy wins £2m Chelsea mansion Stamp Duty appeal claim
The Tax Tribunal has given Christian Candy the right to appeal a £1.92m Stamp Duty bill on Gordon House, which he acquired for £68m in 2012 but then gifted to his brother.
Investec backs Brill Place tower with £35m loan
Resi-led scheme in King's Cross will deliver 54 luxury apartments in a new 22 storey tower.
Mortgage approvals recover to 2016 levels
Mortgage approvals for house purchase rose to 70,900, the highest since February 2016, according to official data from the Bank of England.
New mortgage industry marketing body launches
The Mortgage Market Alliance is a "collaborative new voice for the mortgage industry that will promote the strong availability of mortgage lending and product choice to an increasingly diverse range of…
Cash buyers pay an average of 9% less for a home than mortgagers
The average price paid by cash buyers for a home in the UK is 9% less than that paid by mortgaged buyers... But it's a different story in London.
Latest mortgage data shows a resurgence of buy-to-let activity
The number of home-mover, remortgage and buy-to-let lending picked up in December, reports UK Finance.