Stamp duty hike | Bank rate cut | Budget round-up

Entrepreneurs' tax relief slashed in Budget

The controversial lifetime tax relief limit applied to the proceeds when a business founder sells up, has been cut from £10m to £1m. 

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Stamp Duty hike for overseas buyers of UK property

Announced in the Budget, a stamp duty surcharge of 2% of the purchase price of a property for buyers from overseas, will take effect next year.

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Borrowers miss out by not switching mortgage deals

Up to 800,000 borrowers missing out due to a lack of time and a fear of the application process, says FCA.

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Bank of England cuts interest rate to 0.25%

The rate cut of half a percentage point by the Bank of England as a monetary stimulus has been welcomed by property experts.

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Chancellor unveils £30bn Budget spending boost

Sunak launches massive £30bn stimulus package to boost UK economy including major boost for UK housebuilding.

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