Stephen Wasserman, managing director of West One Loans, believes today’s reform of stamp duty in the commercial sector is a much-needed shot in the arm for bridging.
Bob Young, chief executive of Fleet Mortgages, believes applying the 3% stamp duty surcharge to all landlords while cutting corporation tax is a clear incentive to invest in buy-to-let through limited companies.
The government’s Homes and Communities Agency will partner with local authorities across the UK to fund so-called ‘starter home’ developments.
Small and medium sized businesses were given a boost in today’s Budget with what George Osborne called “fundamental reform of the business tax system”.
Commercial stamp duty has been reformed from a slab to tiered structure, Chancellor George Osborne has announced in today’s Budget.
The Rt Hon George Osborne MP addressed the House of Commons this afternoon to deliver the annual Budget. Read his speech in full.
Aldermore has provided a £3m finance facility for the redevelopment of an ex-Hovis depot in Plymouth.
Shawbrook Bank’s commercial division has hired Steven Fitzhugh as product manager, a newly created role.
Construction activity fell by 0.2% in January although private building work saw a slight increase, the Office for National Statistics has revealed.