Having waited for what seemed like an eternity for the Budget – in one sense it came ‘early’! The OBR report, which is usually available hours after the Budget, was published by accident 35 minutes before. Anyone watching the BBC pre-amble to the Budget will… The post Autumn Budget 2025: Worth the wait? appeared first on Mortgage Strategy.
The introduction of a mansion tax is likely to trigger mass valuation appeals by the owners of impacted properties, experts warn. The new high-value council tax surcharge (HVCTS), announced by the Chancellor today in her Autumn Budget, is set to target properties worth more than… The post ‘Prepare for valuation chaos, disputes and cliff edges’: Industry verdict on Mansion Tax appeared first on Mortgage Strategy.
Nottingham Building Society says Budget plans to cut the cash Isa tax-free allowance to £12,000 are “deeply disappointing” and will hit mutuals hard. In the Autumn Budget today, Chancellor Rachel Reeves said the current £20,000 annual Isa allowance would have to include £8,000 of investment… The post Cash Isa cuts harm access to mortgages, says Nottingham BS: Autumn Budget 2025 appeared first on Mortgage Strategy.
The government will consult on the future of the Lifetime Isa, according to Budget documents published today. The consultation, in early 2026, will examine whether a new, simpler Isa could be set up to help first-time buyers purchase a property. The document added: “Once available,… The post Government could scrap Lifetime Isa: Autumn Budget 2025 appeared first on Mortgage Strategy.
The Budget decision to increase property income tax rates means higher rents and more landlords selling up, experts say. Chancellor Rachel Reeves said property income tax rates would rise by 2% from April 2027 in her Autumn Budget today. The 2% increase will apply across… The post Budget tax attack means rent rises and landlords selling up, experts say appeared first on Mortgage Strategy.
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.
