Londoner’s annual rent to increase by over £5,000 in next five years
As the new buy-to-let stamp duty surcharge takes hold, and landlords look for ways to offset the additional expenditure they are incurring on new purchases and take the sting off the proposed reduction in tax relief that will come into effect from 2017....
Mark Carney: Interest rates to stay low
Amid slowing UK growth and a weak world economy. Bank of England governor Mark Carney has said policymakers are in no rush to raise interest rates. He said “now is not yet the time” to hike rates from their historic low of 0.5% following turmoil in...
Government are going to debate the petition!
Good news – I recently have heard from Matthew Moody, that the Government are going to debate the petition that many of you have signed. Bad news – it’s NOT to reverse tax relief on mortgages its to Scrap plans forcing self employed & small...
Mortgage lending in the UK is back at pre-crash levels. What’s next?
Mortgage lending has climbed to a seven year high due to rising house prices and increasing consumer confidence within the UK. Reports show that banks approved more loans and overdrafts in October than they have ever done over the last decade. This has led to a...
