In his mini-Budget the Chancellor recognised the role of the housing market in supporting the economy whilst upping the threshold for stamp duty until March 2021.
More than a quarter thought government should abolish stamp duty on all homes under £500,000.
The industry has been quick to react to changes in stamp duty.
The grant, announced today by Chancellor Rishi Sunak, will provide up to £5,000 per household.
Speculation had been rife that the Chancellor would make the move, which sees the stamp duty threshold increased to £500k, as part of a number of measures aimed at dulling the economic impact of COVID-19.
This is the second in a series which benchmarks 12 of the UK’s leading insurance providers across 10 key areas.
In London, based on current values per square foot in the high-end rental market, the average cost of renting a property worth £10m is £18,489 per month.
The service, which is available within SolutionBuilder, will let advisers determine at quoting stage if a client’s protection application needs to be sent automatically for medical evidence.
In a SunLife poll of 3,000 people aged over 50, property was the number one desired purchase on their ‘bucket list’, followed by cars and boats.
To be held on Mondays over the next six weeks, the Criteria Clinics will discuss the issues and hot topics that brokers are most concerned about.