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CGT changes to hit second homeowners and...

VKM Mortgage Broker

Law firm Collyer Bristow has warned that second homeowners and property investors are to be hit by changes to Capital Gains Tax. Homeowners, second homeowners and property investors who cannot rely on the principal private residence relief and sell a property face a tough new Capital Gains Tax (CGT) payment regime from 6 April 2020. […]

UK house prices rise at fastest rate on ...

UK house prices rise at fastest rate on record

2019 general election result provided period of ‘stability’ following Brexit uncertainty UK house prices rose over the last month at the fastest rate on record for the time of the year, as sellers felt more confident about the outlook for the housing market after the general election, according to Rightmove. The average price of properties coming on […]

The Skipton raises £250k for Alzheimer’s

A three-year fundraising campaign by the Skipton Building Society has raised a quarter of a million pounds to support the battle against dementia. Seven PHD dementia research students at the Bradford Doctoral Training Centre have been funded by the Society’s £250,000 donation. The money was raised by a series of events, including two fund-raising balls […]

MPC “keeps its power dry” with rate deci

MPC “keeps its power dry” with rate decision

The Bank of England’s Monetary Policy Committee (MPC) has voted to maintain the Bank Rate at 0.75%. The nine-member committee voted 7-2 to hold the rate. Jonathan Haskell and Michael Saunders voted to lower the Bank Rate, believing the weakening economy called for cheaper borrowing. Alex Maddox, capital markets and digital director at Kensington Mortgages, […]

Next base rate move could be down rather...

Next base rate move could be down rather than up – BoE’s Saunders

The Bank of England’s (BoE) next Base Rate change may be to cut interest rates rather than raise, policymaker Michael Saunders has said. Speaking to local businesses in Barnsley today, Saunders, who is a member of the BoE’s Monetary Policy Committee (MPC), said: “If the UK avoids a no-deal Brexit, monetary policy also could go either way and I […]