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Residential property transactions up 12%: HMRC

The number of residential property transactions in November was 12% higher than that of the same month last year, according to the latest figures from HMRC. On a non-seasonally adjusted basis, there were 114,200 transactions in November this year, which also represents a rise of 4% on October. HMRC says the impact of

Govt confirms one-year extension of Mortgage Guarantee Scheme

The UK Treasury has confirmed it will extend the Mortgage Guarantee Scheme by one year. The scheme has underwritten £4.4bn in low-deposit home loans since it was launched on 21 April 2021. The government launched the scheme to increase the availability of 95% loan-to-value (LTV) mortgages. The extension will see the

Public not convinced Autumn Statement measures will tackle inflation: YouGov

After the announcement of yesterday’s Autumn Statement, just under a third of public thought the measures in the statement will do a ‘bad job’ at combating inflation and rising cost of living, a YouGov survey reveals.  The survey of 2896 UK adults found that 19% thought the measures were ‘fairly bad’ and 13% thought

Equity release more than doubles in seven years as over-55s tap their homes for cash

Data covering the first three months of the year shows that 4,500 products a month have been taken out by the over-55s, as they tap equity in their homes for cash.

Equity release loans double in 7 years as older homeowners cash in

Data covering the first three months of the year shows that 4,500 products a month have been taken out by the over-55s, as they tap equity in their homes for cash.

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