retirement
UK property industry disappointed over lack of stamp duty reform
There is disappointment in the UK property industry that Chancellor Philip Hammond did not take on board calls for a change to stamp duty, the tax paid when a property is bought. In the run up to the autumn statement there had been hope that he might reverse the 3% additional stamp duty imposed earlier […] The post UK property industry disappointed over lack of stamp duty reform appeared first on PropertyWire . Continue reading →
Home lending industry in UK facing challenges from age and need for innovation
Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading →
Research says not enough homes for retired people are being built in the UK
Housing policymakers in the UK are too focussed on providing for first time buyers and ignoring the need for more homes for people who are retired, according to a new analysis report. While everyone agreed that there is an urgent need to address the undersupply of housing across the UK, there is also a need […] The post Research says not enough homes for retired people are being built in the UK appeared first on PropertyWire . Continue reading →