LOCKDOWN MEASURES SEE PROPERTY TRANSACTIONS CRASH BY 53% DURING APRIL: HMRC

This morning's figures released by HMRC have revealed that the pandemic and subsequent lockdown measures imposed by the government caused a widely expected slump in April's property transactions. According to the data, residential property transactions during April this year were 53.4% lower than April 2019 and 46.1% lower than March 2020. Jamie Johnson, CEO of...

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MORTGAGE PAYMENT HOLIDAY NUMBERS HIT £1.2M

MORTGAGE PAYMENT HOLIDAY NUMBERS HIT £1.2M According to the latest figures released by UK Finance this morning, one in nine UK mortgages have been granted a Covid-19 payment holiday; equating to 1.2 million borrowers whose finances have been impacted by the crisis. Just under a month ago, on March 17th, mortgage lenders confirmed that they...

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Whoever wrote this is SO right……

Whoever wrote this is SO right...... We fell asleep in one world, and woke up in another. Suddenly Disney is out of magic Paris is no longer romantic New York doesn't stand up anymore The Chinese Wall is no longer a fortress, and Mecca is empty Hugs & kisses suddenly become weapons, and not visiting...

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BUYING & SELLING DURING CORONAVIRUS

With the vast majority of the country on lockdown due to the escalating crisis, a lot of us are feeling worried. This includes all the people who have recently bought or sold property and are waiting to move into their new home. To help buyers and sellers at this time of uncertainty, price comparison site...

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SEISMIC TAX CHANGE TO HIT BTL LANDLORDS….

SEISMIC TAX CHANGE TO HIT BTL LANDLORDS…. According to tax specialist, Imogen Lea, financial penalties due to ‘seismic’ changes to CGT payment rules could heavily impact people selling buy-to-let properties. From April 6th, anyone who disposes of a residential property giving rise to a capital gain on which CGT is payable, will be required to...

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