Over-55s keen to take advantage of the stamp duty holiday
drove a 116% year-on-year increase in the number of people using equity release
for property purchase, new research from more2life shows. The increase
coincides with the introduction of the stamp duty holiday in July 2020 and
highlights how over-55s are increasingly using equity release to help them move
home – often to be close to family, friends or amenities. Property purchase
cases increased by 208% between H1 2020 and H2 2020 and while this started to
slow as the SDLT holiday deadline loomed. Read more on the Financial Reporter
website.
Rent rises of up to 88% still passing in England despite Renters’ Rights Act
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Exclusive: While tenants are challenging increases in record numbers,
renters and landlords say system is ‘not working for anyone’
The rent tribunal syst...
20 hours ago
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