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Average house prices up 3,000

Average house prices rose by over 3,000 in August, according to Government figures. The average house price in the UK in August stood at 197,631 compared with 194,454 in July.

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With-profits values could rise by 3%

With-profits shareholders could see an increase in values of up to 3 per cent under amendments to the policyholder/shareholder split of assets announced by the FSA.

Revenue clears the way for IHT advice

Skandia believes the latest HM Revenue & Customs clarification on the Finance Act changes to inheritance tax and trusts should give advisers the confidence to recommend the products again. Head of tax and financial planning Colin Jelley says advisers need to be aware of the latest developments to ensure they are offering cli- ents best […]

Standard issue

The recent news that Mortgage Trading Exchange has opened the standard interfaces it has developed with lenders so they can be adopted by other users paves the way for some welcome pragmatism to break out in the mortgage industry.

Creating opportunity out of change

By Denise Wond, marketing manager The buy-to-let market has recently been the subject of a raft of tax changes, all of which make it a less profitable and less appealing proposition for investors. In response, we’ve seen a dip in demand for BTL mortgages and that’s bad news for many advisers who will now be looking […]

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