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Tories would raise stamp duty threshold

The Conservatives have announced they would raise the stamp duty threshold to 250,000, meaning the average homebuyer would not have to pay anything.
Tories say the measure will free over half a million homebuyers a year from stamp duty with over 80 per cent of home purchases attracting no stamp duty at all.
Conservative leader Michael Howard says: “This will help young people to get onto the property ladder. And it will make it easier for young couples starting a family to buy a bigger home.”


Standard Life bank introduces new flexible mortgage products

Standard Life Bank is launching a new two-year and six-month variable rate mortgages to its freestyle range, and a new three-year fixed rate mortgage. The bank believes the new products will offer nervous buyers extra flexibility given the recent scrutiny of the housing market, and fears over rising interest rates and the impact of the […]

Cordea Savills launches residential property fund

The wealth management arm of fund manager Cordea Savills has established its first residential property fund.The diversified residential opportunities fund – diverse for short – is a Jersey-domiciled Oeic with a minimum investment of £10,000. It aims for a total return of 8 per cent a year, of which 5 per cent will be income […]

Mortgages plc agrees branded lending deal with TFC

Mortgages plc has agreed a branded lending deal with distributors The Finance Centre.Under the terms of the deal TFC will market the entire Mortgages plc product range to intermediaries under its own umbrella, TFC Homeloans. Advisors will also be able to produce KFIs via a facility on the TFC Homeloans website.Mortgages plc Sales & Marketing […]


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