Stamp duty and mansion tax changes top the mortgage market’s list of concerns for tomorrow’s Autumn Budget. Chancellor Rachel Reeves tomorrow plans to deliver this government’s second Budget, with several property measures rumoured. These include replacing stamp duty with a property tax for those selling… The post Stamp duty and council tax top market concerns on eve of Budget appeared first on Mortgage Strategy.
Experts have warned that a “mansion tax” could have a destabilising impact on the market. Around 150,000 homes worth over £2 million look likely to be hit by an annual levy in tomorrow’s Budget, reports suggest. The threshold at which the annual levy would kick… The post Experts fear destabilising impact of mansion tax: Analysis appeared first on Mortgage Strategy.
Ecology Building Society has appointed two new business development managers (BDMs). Andy Pearson and Georgia Midgley take on the roles to strengthen the society’s service to intermediaries from its team of green mortgage specialists. Pearson joined Ecology two years ago as a mortgage advisor before… The post Ecology appoints Pearson and Midgley as BDMs appeared first on Mortgage Strategy.
First2Protect has launched its new broker portal in collaboration with Acturis. The broker portal aims to reduce administration time, improve conversion rates and provide complete visibility of referral progress and customer outcomes. The platform automates manual processes, introduces a dedicated workflow for referrals, and enables… The post First2Protect launches broker portal appeared first on Mortgage Strategy.
Leeds Building Society has made rate cuts of up to 0.35% across new lending, existing customer and additional borrowing ranges. For new customers, interest only part and part fixed rates have been reduced by 0.35%. In addition, selected residential and interest only fixed rates for… The post Leeds BS and Newcastle for Intermediaries lower rates appeared first on Mortgage Strategy.
