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Halifax lobbies for property tax reform

Halifax is to lobby all three main political parties for changes in property taxation, especially inheritance tax and stamp duty, in the run up to the next General Election.

General manager government relations Shane O’Riordain says: “Change is long overdue. Successive governments, irrespective of their political colouring, have not played fair with homeowners. This policy needs to change now.

“Halifax believes that, at the very minimum, property tax thresholds need to be automatically aligned with house price inflation. The fiscal drag game that successive governments have played is neither realistic nor equitable. Halifax will lobby for a large dose of realism to be injected into the property tax regime as soon as possible.”


Loan firms predicting demise of packagers

A large number of packaging operations will disappear in the new regulated environment as transparency measures expose what they are earning, warn mortgage intermediaries.

Advisers and lenders must work together on depolarisation says Standard Life Bank

Advisers and lenders must work together if they are to ensure that new rules for depolarisation are communicted as effectively as possible says Standard Life Bank.Standard Life Bank head of sales Alan Dring says: “Lenders and advisers need to gain the trust and confidence of consumers and how effectively we can make these rules and […]


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