CASH-POOR pensioners sitting on valuable family homes could be plunged into a debt spiral under Rachel Reeves’ new “mansion tax” plans. Reeves unveiled the levy in Wednesday’s Budget, targeting homes worth more than £2million. Sign up for the Money newsletter Thank you! To stop grannies being forced to sell up, …
Read More »Taxpayers face eye-watering bill for selling redundant property bought to make way for cancelled section of HS2
Work continues on the HS2 high speed railway construction site on Curzon Street in Birmingham, Britain, October 1, 2024. REUTERS/Toby MelvilleCredit: Reuters TAXPAYERS are facing a £10.2million bill for selling redundant property bought to make way for the cancelled northern section of HS2. The cash will go on legal and …
Read More »Stunning seaside town with magical views and two-bed homes for just £62,000
The ten cheapest places to buy a property by the sea in the UK have been revealed – and Saltcoats in Scotland is the top spot with two-bed homes for just £62,000 Saltcoats on the Scottish coast ( Image: Photo © Steve Daniels) A delightful Scottish town has been crowned …
Read More »Risk of double mortgage shock as Bank warns over persistently high interest rates
Brokers said homeowners coming to the end of fixed-rate deals over the last 18 months have increasingly turned to short-term fixed-rate loans on the expectation that interest rates would soon be falling again. David Hollingworth, of L&C Mortgages, said the proportion of homeowners locking in rates for only two years …
Read More »News Headlines | Today’s UK & World News
Britain’s greatest long distance runner has said he was trafficked into the UK when he was around eight or nine (top image) and spent his early years as a domestic slave for a woman he had never met before. In a BBC documentary (left), The Real Mo Farah, which will …
Read More »Do rude street names actually raise house prices (and when should you change them)?
Upon examining hundreds of rude road names across the UK, SellHouseFast found that the property average on these roads increased the value of your home by £44,460.20 on average. The naughtiest road name with the highest added value is one of America’s favourite swear …
Read More »House price predictions: the 10 London areas where property values are forecast to rise most in next five years
The next five-year phase of the property cycle will be marked by the outcome of tomorrow’s General Election. Knight Frank’s Liam Bailey believes certainty on Brexit, either way, is a good result for the housing market. “Brexit has hovered above the market since mid-2016 and in London more than any other …
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