Finance
Lenders have now pulled half of all home-buyer mortgage products
Banks have shelved around half of their mortgage products in the least few weeks in response to the Coronavirus crisis and 0.25% interest rate.
Best Laid Contingency Plans: Considerations for business directors in a challenging financial climate
Some sage advice for business leaders in tough times from Blair Nimmo, KPMG's UK Head of Restructuring and Global Head of Insolvency.
Bridging lender pushes through three prime deals despite lockdown
"It is more important now than ever that we maintain a business as usual attitude and remain as resilient as possible in an otherwise chaotic climate," says Century Capital's Head of Lending.
Mortgage market could be frozen as lenders pull products
Banks & Government said to be in talks about pausing or adapting the mortgage market in light of the Coronavirus lockdown.
Bank of England cuts interest rates to historic low of 0.1%
Emergency move marks the second rate cut in eight days
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.