The ‘Trumpflation’ effect of the Middle East war could add £1,000 to £1,500 a year to the cost of a fixed rate, according to Moneyfacts. The war between the US, Israel and Iran has caused a rise in swap rates, causing many lenders to hike… The post Trumpflation could add up to £1,500 a year to homeloans: Moneyfacts appeared first on Mortgage Strategy.
Inheritance Tax receipts for April 2025 to February 2026 were £7.7bn, which is £0.1bn higher than the same period last year, HM Revenue & Customs data revealed today. Evelyn Partners head of estate planning Ian Dyal commented: “The monthly HMRC figures confirming that inheritance tax… The post IHT receipts up HMRC reveals appeared first on Mortgage Strategy.
Lenders including Precise Mortgages, CHL and Moda are withdrawing and repricing their fixed rate ranges. The Iran war has already caused a rise in swap rates, causing many lenders to hike mortgage rates and reprice their ranges. Zephyr Homeloans will be increasing its fixed rates on 24… The post Precise, CHL and Moda withdraw and reprice fixes appeared first on Mortgage Strategy.
Homebuyers paid £995m in Stamp Duty Land Tax in February– up 11% from the £899m paid in January. And according to Coventry Building Society’s analysis of the latest HMRC statistics, last year, homebuyers paid £15.4bn in Stamp Duty – an 18% rise from the £13bn… The post Stamp duty payments up 11% in Feb appeared first on Mortgage Strategy.
Just under half (44%) of councils say financial pressures will harm how many homes they can build, according to a Local Government Association survey. Nearly all councils said they planned to raise rents (99% down from 100%). The number who said they felt confident they’d… The post Half of councils say budget pressures will hit housebuilding appeared first on Mortgage Strategy.
