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Stamp duty costs deter homeowners from moving, data shows
Stamp duty costs are preventing homeowners from moving, according to analysis from property portal Zoopla, with bills reaching five figures across southern England. Richard Donnell, Executive Director at Zoopla, said that where stamp duty becomes a “meaningful friction”, transactions are abandoned. “For home movers, stamp duty is a near-certain cost wherever you live – and…
What’s working (and what’s not) in the government’s housing measures
Federal and provincial authorities have presented a flurry of policies to tackle the housing crisis – with varying levels of success
Why Should You Consider a Home Loan for Your Dream House?
Introduction: In this article, I’ll explore the compelling reasons why you should consider a home loan when purchasing your dream house. Owning a home is a significant milestone for many individuals and families, and a home loan can be an invaluable tool in making this dream a reality. While buying a house outright may…
GB Bank completes £33m London bridging facility in seven days
GB Bank has completed a £33 million bridging finance facility secured against a mixed-use London property portfolio, delivering the funding within seven days to meet an exchange deadline. Working with broker SHC Capital, the lender provided an initial facility against an unencumbered portfolio of income-producing assets. The borrower, an established property investor with more than…
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
Artificial intelligence may be disrupting India’s $280-billion IT services industry today, but the technology could ultimately create its next wave of growth rather than destroy it, according to Rohan Korde, Fund Manager at Baroda BNP Paribas Mutual Fund. The fund house believes the recent correction in IT stocks reflects concerns over tariffs, AI-led disruption and…
