This week’s top five stories:
Homebuyers in Scotland purchasing property worth over £250,000 will face a soaring tax bill from April next year as Stamp Duty is abolished in favour of a Scottish Levy called the Land and Buildings Transaction Tax.
Mortgage Solutions’ Know Your BDM series gives brokers the chance to get to know their local business development managers a little better.
The impact of the Mortgage Market Review and other restrictions on residential lending have proved a boon to buy-to-let lenders, Nationwide’s Gary Salter has said.
Buy-to-let borrowers could require a 40% deposit to secure a property in London and the South East if new rules hit the market, research from Countrywide has found.
Lenders have been ‘overzealous’ in restricting lending into retirement, Kensington Mortgages chief executive Keith Street has said.
..and some stories you may have missed this week
Asset managers have revealed the hard limits they are imposing on entertainment budgets ahead of a potential FCA ban on corporate hospitality
The availability of mortgage finance ‘fell significantly’ over the summer, according to the Bank of England’s latest credit conditions survey.
Business secretary Vince Cable has criticised the government’s Help to Buy scheme, saying the flagship policy has simply pushed up house prices.
Barclays is set to extend its Switch and Save feature to its buy to let range and will launch a range of fixed buy-to-let rates with no application fees tomorrow.
Payingtoomuch has warned that the Ebola Virus could adversely impact new life insurance policies if the virus became more easily transmitted.