Penny-pinching police chiefs are attacking the pensions paid to hero officers injured in the line of duty. Disabled and traumatised former officers are being hauled before medical review panels in ‘unlawful’ attempts to cut their pension packets, campaigners claim. Around 13,000 wounded officers who can no longer work receive an injury pension, with the money … Read more
Is the mortgage freeze starting to thaw? Nationwide and Coventry BS bring back small deposit deals after stamp duty cut gives the property market a boost Nationwide and Coventry set to reintroduce 90% loan-to-value deals Most low deposit deals were cut in the wake of the coronavirus lockdown This comes as experts predict housing market … Read more
Will the stamp duty holiday and Rishi’s rescue plan be enough… and how will we pay for all this? The Covid mini-Budget on the This Money podcast By This Is Money Published: 10:04 BST, 11 July 2020 | Updated: 10:04 BST, 11 July 2020 The showstopper was a big stamp duty cut, the important element … Read more
Estate agents set to boom from stamp duty holiday – but mortgage drought means first-time buyers could be shut out By Matt Oliver and Lucy White For The Daily Mail Published: 21:51 BST, 10 July 2020 | Updated: 21:51 BST, 10 July 2020 Estate agents are gearing up for a sales bonanza during the stamp … Read more
Chancellor Rishi Sunak’s stamp duty cut came under fire today as critics warn it will unfairly benefit buy-to-let investors and second-homeowners, and perpetuate unaffordable house prices. They voiced concerns that the tax holiday on the first £500,000 of a home’s purchase price also benefits buy-to-let investors and second-homebuyers – who will still pay stamp duty … Read more
We completed on a flat last week before the stamp duty holiday and paid it in full, can we now claim the tax back ? By Anne Ashworth For The Daily Mail Published: 14:59 BST, 10 July 2020 | Updated: 14:59 BST, 10 July 2020 We completed on the purchase of a flat last week, … Read more
Will the stamp duty cut be BAD for first-time buyers? Critics warn tax giveaway could revive buy-to-let investors and boost house prices Chancellor’s plans will see 90 per cent of homes pay no stamp duty until March However this includes second-home buyers including property investors Labour have blasted the move as an ‘unnecessary subsidy’ for … Read more
How much would the stamp duty cut save you if you move home? By Simon Lambert for Thisismoney.co.uk Published: 18:14 BST, 8 July 2020 | Updated: 18:14 BST, 8 July 2020 The Chancellor has taken the axe to one of Britain’s most hated taxes as he slashed stamp duty to zero for almost 90 per … Read more
Homebuyers rushed online to look for their next home within half an hour of the Chancellor’s immediate stamp duty cut. Rightmove reported a 22 per cent jump in traffic to its site within 30 minutes of Rishi Sunak confirming the cut in his mini-Budget today. The property search website said the cut would produce savings … Read more
Home buyers’ have reacted with joy at Rishi Sunak’s announcement that he will freeze stamp duty. Mr Sunak today said he would immediately raise the threshold on stamp duty to £500,000 until March 31 2021. On the housing market, Rishi Sunak said property transactions fell by 50% in May and house prices have fallen for … Read more