Burnham confirms £100m mortgage and wills rule change
Andy Burnham's government will press ahead with a £100m stealth tax on law firms, redirecting interest on client money from mortgages and wills to HM Treasury, despite Law Society opposition.
Andy Burnham's government will press ahead with a £100m stealth tax on law firms, redirecting interest on client money from mortgages and wills to HM Treasury, despite Law Society opposition.
Wolverhampton house prices rose 52% in five years, reaching £230,000, as buyers seek affordability near Birmingham, according to new data.
Average house prices in Stoke-on-Trent are just £148,000, around half the national average, making it the Midlands' cheapest place to live, a new study reveals.
Zoopla data reveals 180 of 363 UK local authorities now take longer to sell homes, with 8 areas requiring 60+ days, despite the national average holding at 42 days.
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RecommendedBirmingham homebuyers now get 49% less living space than a decade ago. Average prices near £300,000 buy just 96 square metres, down from 189 in 2016.
Rightmove reports average newly listed home prices fell 2% (£7,360) to £365,000 in August, the largest drop in eight years, amid subdued demand and mortgage rate concerns.
A Birmingham city centre apartment at Metropolitan House, Hagley Road, is for sale from £9,000 at auction, but a tenant blocks immediate occupation, with rental income of £9,600 a year.
The South Yorkshire Strategic Infrastructure Inquiry recommends new legislation to let public authorities buy major private assets at risk of closure, citing Doncaster Sheffield Airport's 2022 shutdown.
Gary Neville's Relentless Developments has joined a revised plan for 723 build-to-rent flats in two towers in Manchester city centre, after the original scheme was blocked following over 130 objections.
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RecommendedFrom April 2027, the cash ISA allowance drops from £20,000 to £12,000 for under-65s, affecting households with over £10,000 savings. Pensioners keep the £20,000 limit.
The private pension access age is predicted to rise to 58 by the late 2030s, affecting those born after 1979, according to former pensions minister Steve Webb.
Birmingham homes sell fastest in West Midlands at 45 days average; Coventry slowest at 68 days. New data reveals market trends.
750,000 UK households face an average £170-a-month mortgage increase as cheap fixed-rate deals expire, according to the Bank of England and Moneyfacts.
750,000 UK households face mortgage payment increases averaging £170 a month as cheap fixed-rate deals expire, adding £2,040 annually to bills.
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RecommendedRugby is the best West Midlands commuter town for affordable homes, according to Pepper Money, with average earnings of £41,000 and a favourable price-to-income ratio.
Adding air conditioning can increase a home's value by 1-3%, potentially £8,184 on an average £270,000 property, according to Curetons' Robin Edwards.
HMRC has collected £56m from 130,000 Lifetime ISA savers' own deposits via 25% withdrawal penalties since 2018, with total charges exceeding £315m.
Over-65s with £10,000+ savings keep the £20,000 cash ISA limit, while under-65s see it cut to £12,000 from April 2027, as confirmed by the Government.
Emma and Sean, who lived in Canada for 20 years, sold their Toronto home and set a £1m budget to relocate to Worcestershire and Warwickshire, despite knowing nothing about the area.
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RecommendedCity of Wolverhampton Council has approved plans by Stonebond to build 60 new homes on the site of the former Grasshopper factory in Craddock Street, destroyed by fire in 2021.
Glasgow homes sell fastest in UK at 35 days, while Birmingham takes 61 days, according to new data.
Ryanair's 10kg cabin bag fits underseat if packed correctly. Use packing cubes to maximize space. Learn tips for fitting the 40x20x25cm bag.
Aston Villa are targeting Endrick, Joao Palhinha and Jonathan David as Unai Emery plans a busy end to the transfer window. Get the latest updates.
Aston Villa target Endrick will reportedly stay at Real Madrid this summer, with the Brazilian's loan move now off the table. Villa continue to explore other forward options.
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RecommendedBirmingham City Council is selling six shop units in Harborne, with guide prices from £100,000+ to £180,000, at Bond Wolfe's September 10 auction.
Birmingham City are expected to part ways with Marvin Ducksch this summer, with the striker confirming talks with other clubs and his game time dwindling.
Rangers are reportedly keen on signing Aston Villa right-back Kosta Nedeljkovic, with a cash deal or loan with option to buy being considered by the Ibrox club.
A Birmingham estate planning expert advises families to have open conversations about death and inheritance to avoid future disputes and ensure wishes are respected.
Aston Villa could be the perfect destination for Real Madrid's Endrick, offering Champions League football and regular minutes under Unai Emery next season.
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RecommendedAston Villa are monitoring Endrick's situation as Real Madrid may loan the Brazilian after his impressive Lyon spell, with 16 goal contributions in 21 matches.