Spike in landlords buying properties via companies in order to pay less tax

Landlords are increasingly buying property via limited companies, rather than in their own personal name, in order to slash their tax bills. Three quarters (74 per cent) of all buy-to-let purchases in England and Wales this year have been bought via a limited company, according to analysis by the estate agent, Hamptons.  It is a … Read more

Classic microcar from the golden age of motorsport goes up for sale after languishing in a barn for 50 years – and it’ll beat Ulez charge too

Classic microcar from the golden age of motorsport goes up for sale after languishing in a barn for 50 years – and it’ll beat Ulez charge too The classic microcar 1959 Berkeley B95 Roadster was one of only 178 produced It is now up for sale in Bournemouth for almost £15,000 after being restored  By … Read more

Energy firms banned from force-fitting pre-payment meters for over-75s

Energy firms banned from force-fitting pre-payment meters for over-75s Ofgem has toughened rules on fitting pre-payment meters without consent Energy firms can still force-fit these meters so long as they meet the rules By Sam Barker Updated: 12:40 BST, 13 September 2023 More households will be protected from having pre-payment energy meters forcibly fitted in … Read more

Nationwide, HSBC and Santander cut mortgage rates AGAIN

Three more major mortgage lenders have slashed their rates, offering further respite for mortgage borrowers – as brokers warn that they shouldn’t wait around for rates to fall further.  HSBC and Nationwide are the latest large lenders to announce further rate reductions, both taking effect from today.  This follows Santander’s announcement of rate cuts yesterday, … Read more

Aston Martin sales accelerate on price hikes and DBX707 demand

Aston Martin sales accelerate on price hikes and DBX707 demand  Aston Martin’s second-quarter results beat market expectations Aston Martin said average selling price came in at £184,000   By Jane Denton Updated: 10:55 BST, 26 July 2023 Aston Martin’s second-quarter results beat market expectations, thanks to higher prices and demand for its DBX707 sports utility vehicle … Read more

Government has NO plans to delay proposals to replace gas boilers with heat pumps despite Michael Gove hints

Government has NO plans to delay proposals to replace gas boilers with heat pumps despite Michael Gove hints Energy and Utilities campaign group says it’s time to ‘junk the target’  Cabinet minister Michael Gove hinted that the proposals needed to be reviewed By Helen Kirrane Updated: 15:17 BST, 26 July 2023 The Government does not … Read more

Over 65s hold £2.6TRILLION worth of housing wealth, Savills say

Over 65s hold a record-high £2.6trillion worth of net housing wealth, new research suggests. About £2.2trillion is held as equity by owner-occupiers over 65, many of whom are mortgage-free, the findings by Savills claim. Many of these over 65s would have faced significantly higher interest and mortgage rates when buying a home than seen currently … Read more