Inheritance tax receipts for April and May came in at £1.5bn, up £98m, or 7%, from a year ago, according to the latest HMRC data. The department points out that annual receipts for this levy over the last 20 years have lifted partly due… The post IHT up 7% to £1.5bn in first two months of tax year: HMRC appeared first on Mortgage Strategy.
Stamp Taxes receipts for April 2025 to May 2025 were £3.2bn, which is £0.3 bn higher than the same period last year. This is according to the latest figures from HMRC which points out that the higher receipts in April 2025 compared to April 2024,… The post Homeowners stamp duty bill already £5.5bn for 2025 appeared first on Mortgage Strategy.
Plans to reform the private rented sector will be unworkable unless the government provides clear answers to basic questions. This is according to organisations representing individual landlords, build-to-rent providers and letting agents who are urging immediate action as the House of Lords scrutinises the Renters’… The post Rental reforms will be unworkable unless ministers provide clarity appeared first on Mortgage Strategy.
Gen H and Nottingham Building Society have extended their multi-year forward-flow funding partnership. The partnership, which was first established in 2022 has helped Gen H to expand its funding capacity and market presence. It has resulted in the creation of around 5,000 new homeowners funded… The post Gen H and Nottingham BS extend multi-year forward-flow funding partnership appeared first on Mortgage Strategy.
The number of homes for sale priced at one £1m-plus has doubled (+103%) since pre-pandemic levels in 2019. This is according to a new report from property platform Rightmove, which also reveals that just over 5% of UK property for sale is now priced in… The post Number of £1m homes for sale doubles over six years: Rightmove appeared first on Mortgage Strategy.
Mortgage Advice Bureau deputy chief Ben Thompson will step down from its board, as it appoints a chief operating officer amid a flurry of changes at the broker network. Thompson (pictured) will leave the board after seven years at the end of 2025 and move… The post Thompson steps down as MAB deputy CEO as it appoints Luengo to key role appeared first on Mortgage Strategy.
The majority of brokers (82%) disagree with Huw Pill’s comments that interest rates are falling too fast, a Landbay poll reveals. In a poll, the specialist buy-to-let lender asked mortgage intermediaries if they agreed with Pill, the Bank of England’s chief economist, that interest rates… The post Majority of brokers reject Pill’s rate cut concerns: Landbay appeared first on Mortgage Strategy.
Buy-to-let lenders are “futureproofing” their mortgage portfolios by looking again at how they lend against properties with lower energy efficiency ratings, according to Cotality. Energy department legislation is set to enforce a minimum energy performance certificate rating of band C on all properties starting a… The post BTL lenders reassess low-rated EPC homes ahead of green rules: Cotality appeared first on Mortgage Strategy.
The average standard variable rate (SVR) has fallen further below 8% month-on-month and stands at 7.48%, down from 8.18% a year ago, the latest Moneyfacts data shows. The latest figures show that the average two-year fixed rate has fallen from 5.93% to 5.12% since June… The post Average SVR down 0.70% from June last year: Moneyfacts appeared first on Mortgage Strategy.
Average UK house prices increased by 3.5%, to £265,000, in the 12 months to April 2025. This annual growth was down from 7% in the 12 months to March 2025. As the latest Office for National Statistics data reveals, this is the first slowing of… The post UK house price inflation slows for first time since Dec 2023: ONS appeared first on Mortgage Strategy.
