Mortgage Guarantee Scheme
The Government is set to announce in Wednesday's Budget a new mortgage guarantee scheme, to be launched in April this year, which will allow buyers in England to obtain a mortgage with only 5% of the property value as a deposit. The Treasury will guarantee a portion of the loans on
If the Office of Tax Simplification gets its way, Landlords could be hit with a ‘taxing’ Capital Gains bill
In case you missed this, back in November The Office of Tax Simplification published a report ‘simplifying by design’ that outlined a number of recommendations to overhaul Capital Gains Tax. I’m baffled about where the simplifying features lie within this but I do see how if some of their suggestions are
Leasehold get a makeover
What? New legislation enables house and flat leaseholders the right to extend their leases by 990 years with a ground rent of zero. The system will be easier and cheaper than previous methods and eliminates the 'Marriage Value’ method for those looking to purchase the freehold of their property too. Why? Leaseholders previously