The total sum HM Revenue & Customs collects in inheritance tax (IHT) has more than doubled over the past decade from £3.8bn in 2014/15 to £8.25bn in the past tax year. HMRC figures released earlier today also show that the number of deaths which trigger… The post Government earnings from IHT double in a decade appeared first on Mortgage Strategy.
The Mortgage Works has announced rate cuts on selected two and five-year fixed rate products across its mortgage range, effective tomorrow. Limited company buy-to-let (BTL) products will see reductions of up to 0.25%, while buy-to-let and let-to-buy products will see rate cuts of up to… The post The Mortgage Works cuts rates on two- and five-year fixes, Virgin ups prices appeared first on Mortgage Strategy.
When Open Banking launched in 2018, it was heralded as a ‘revolution’ – a gateway to smarter, more personalised products and services. Expectations were high. But several years on, it has, at best, underwhelmed. The technology promised transformation, yet uptake has been patchy – particularly… The post Blog: Looser regulation is one thing but lenders also need to step up appeared first on Mortgage Strategy.
A Court of Appeal ruling has confirmed that properties needing repair are still liable for residential rates of stamp duty tax, contrary to the claims of “rogue” agents. HM Revenue & Customs has warned home buyers to beware bogus claims from agents promoting schemes to… The post Court ruling closes bogus stamp duty loophole appeared first on Mortgage Strategy.
Sancus Lending UK has established a social housing division with the appointment of Alex Bodie as social housing director. Bodie joins with over 25 years of experience in financial services, including senior roles in consumer and corporate lending. He brings expertise in social housing and… The post Sancus Lending expands into social housing sector with Bodie appointment appeared first on Mortgage Strategy.
