View more on these topics

Estate agents: Stamp duty freeze is ineffective

The National Association of Estate Agents believes the Chancellor&#39s freezing of stamp duty at current levels is effectively a rise.

In response to the Chancellor&#39s Budget speech, NAEA chief executive Peter Bolton King says with inflation at 2.4 per cent and house prices continuing to rise annually, Gordon Brown is effectively increasing the number of homebuyers who are now liable for this tax.

He says figures from the Inland Revenue reveal £3.59billion was raised from stamp duty in 2003/2004, up 330% compared to £830million in 1999/2000.

Bolton King says: “The Government has once again ignored calls from the NAEA along with the rest of the property industry and the general public to bring stamp duty rates and thresholds in line with the housing market in the 21st century. Major adjustments are needed to these levels to ensure the tax is a fair one and remove what is now a serious barrier to first time buyers looking to get onto the property ladder.”


Dread reckoning

Reviewable critical illness insurance can be the right product for the right type of client but there are still fears that advisers could face complaints. The concerns are over consumers seeking redress if premiums on their reviewable plans increase considerably and unexpectedly. Some experts feel the pressure is on advisers to make absolutely sure and […]

Pink offers second regulation guide for intermediaries

Pink Home Loans has published a follow up guide to its initial regulation booklet entitled The Road to Regulation, aimed at supporting intermediaries.Called The Road Ahead, it outlines the main issues intermediaries need to consider when deciding on their regulatory future.Marketing manager Mark Howell says: “The first guide was very well received within the industry […]

Government to allow real estate investment trusts

Chancellor Gordon Brown says the Government is to push ahead with plans to introduce real estate investment trusts. In his Budget speech, the Chancellor said he would allow firms to offer the trusts, which are a common feature in many other European countries.

Strutt offers low entry to property

STRUTT & PARKER REAL ESTATE FINANCIAL SERVICES Sprefs Commercial Property Fund Type: Closed-ended fund Aim: Growth and income by investing in UK commercial property Minimum investment: Lump sum £15,000, Isa £3,000 Investment split: 19.7% industrial, 25.3% offices, 55% retail Place of registration: Dublin Charges: Initial 5%, annual 1.25% Commission: Initial 3% Tel: 0870 420 5511 […]


Five ways to make your employee focus group session a success

by Debra Corey, group reward director  You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm