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Drugs giant Astrazeneca reached a crucial milestone yesterday after regulators approved its Covid vaccine for use in the UK. The second-largest company on the FTSE 100 has spent months developing the jab with Oxford University. Around 530,000 doses will be available from next week, turbocharging the number of vaccines that can be rolled out in … Read more
As Britons wait for the Covid vaccine rollout and more regions face being plunged into Tier 4, testing has become more important than ever. Which is why MyHealthChecked, formerly known as Concepta, was a big hit with investors after it was added to the Government’s approved list for private testing providers. The AIM-listed firm will … Read more
Almost a third of home buyers would abandon their purchase if they missed the 31 March deadline for taking advantage of the Government’s stamp duty holiday, according to a new survey. The survey asked 1,000 people who were currently in the process of buying a home whether they would continue with their purchase if the … Read more
Building society bosses plead with government to ‘taper’ stamp duty holiday for those with approved mortgages Government temporarily increased the nil rate band of residential stamp duty in England and Northern Ireland from £125,000 to £500,000 The ‘holiday’ is due to end on 31 March 2021 Building Society bosses say this will have a ‘damaging … Read more
MARKET REPORT: Stamp duty holiday puts Foxtons in festive mood as it hands back crisis cash after house prices boom By Matt Oliver For The Daily Mail Published: 21:50 GMT, 11 December 2020 | Updated: 21:52 GMT, 11 December 2020 Estate agent Foxtons is handing investors a Christmas present after the booming housing market lifted … Read more
House price figures should be taken with a pinch of salt. The big name indices are based on a variety of different data sets, ranging from asking prices, to mortgages and actual transactions. Meanwhile, even the gold standard ONS / Land Registry’s sold prices report doesn’t capture what happens to the properties that don’t sell … Read more
The average house price has risen by more than £15,000 since June, ‘far outweighing’ stamp duty holiday savings on most properties, Britain’s biggest mortgage lender Halifax said today. Its latest monthly house price index – which is based on mortgage approvals rather than actual sales prices – shows the price of an average UK home … Read more
House prices soar 6.5% since June as stellar property gains outweigh stamp duty savings on some homes, Halifax says Average house prices rose 1.2%, or around £3,000, in the month of November Annual growth at 7.6%, the fastest rate since June 2016 Stamp stamp duty saving of £2,500 on a home costing £250,000 are now … Read more
Treasury officials are poised to advise the Chancellor to extend the stamp duty holiday to avoid the collapse of thousands of housing transactions in the new year, This is Money understands. Mortgages are being approved today on the basis that no stamp duty will be payable but experts say transactions are taking months to complete … Read more
The measures being taken to prop up the housing market may not be as helpful as they first appear. Take, for example, the stamp duty holiday, which applies to the first £500,000 of a home’s purchase price. It means a potential saving of £2,400 on the £245,000 average price of a home, according to the … Read more