Chancellor Unlikely to Raise CGT on Second Homes

Nikka Sulton 

In the lead-up to the Autumn Budget, Chancellor Rachel Reeves is reportedly focusing on a potential increase in Capital Gains Tax (CGT) applied to the sale of shares,

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ECB Cuts Rates as Lagarde Warns of Inflation Risks Ahead

Nikka Sulton 

The European Central Bank (ECB) has announced a reduction of its key interest rate to 3.25%, marking its third quarter-percentage-point cut this year. This decision reflects the ECB’s

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Rayner Approves Purchase of Landlord’s Vacant Property

Nikka Sulton 

A house in London that has remained vacant for six years is set to be compulsorily purchased by the council, following the approval of Housing Secretary Angela Rayner.

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Just 5% of Rental Homes Considered Affordable

Nikka Sulton 

New research indicates that only 5% of private rental listings in London are affordable for low-income households relying on Local Housing Allowance (LHA) to cover their rent. This

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Why Are Mortgage Rates Rising and When Will They Fall?

Nikka Sulton 

The Bank of England is anticipated to reduce its headline lending rate from 5% to 4.75% at the Monetary Policy Committee meeting in November. This potential cut is

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Landlords Seek Government Support to Boost EPC Ratings

Nikka Sulton 

According to research from Shawbrook, nearly one-third of landlords are looking for government support to meet the new Energy Performance Certificate (EPC) targets introduced by the Labour government.

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UK Housing Market Slows, Increasing Chances of Rate Cuts

Nikka Sulton 

The latest inflation rate, which plays a key role in determining the annual rise in benefits such as jobseeker’s allowance, maternity allowance, housing benefit, and universal credit, has

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TSB and Santander raise mortgage rates: Who’s next?

Nikka Sulton 

Mortgage rates may be on the rise once again, as both Santander and TSB prepare to increase the interest rates on certain fixed-rate mortgage deals. This development has

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Inflation Drop Sparks 18% Surge in Mortgage Applications

Nikka Sulton 

The number of property sales under contract increased by 23% in the third quarter of 2024 compared to the same period in 2023, as revealed by data from

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Expected Inflation Drop Impact on Interest Rates This Week

Nikka Sulton 

The UK is anticipated to see inflation drop below the Bank of England’s two per cent target for the first time in over three years, according to economists.

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