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Buyers benefitting from stamp duty holiday must begin search by November

By Michael Griffiths

20/10/2020

Homeowners planning to benefit from the stamp duty holiday should begin their homebuying process by 1 November or risk missing out, according to new findings from the Legal & General Mortgage Club.

A survey from the mortgage club found that an average homebuying timeline from start to finish could be up to 15 weeks, or up to 17 weeks for buyers with more complex requirements

Volumes for remortgage instructions remained steady during September, falling by just 1.3% over the month, according to new data published by LMS

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Buyers benefitting from stamp duty holiday must begin search by November

Homeowners planning to benefit from the stamp duty holiday should begin their homebuying process by 1 November or risk missing out, according to new findings from the Legal & General Mortgage Club. A survey from the mortgage club found that an average homebuying timeline from start to finish could be up to 15 weeks, or up to 17 weeks for buyers with more complex requirements

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Millions in UK unaware of stamp duty payment mistakes – Cornerstone

An estimated 15 million homebuyers have never considered whether there was a mistake in the stamp duty they paid, according to new research from Cornerstone Tax

Tax rises for businesses not the way to recovery, firm warns

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FCA calls on land banking scheme victims to get in contact

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FCA bans sale of crypto-derivatives to retail consumers

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CA urges member firms to endorse new HBSG pledges

The Conveyancing Association (CA) has urged its member firms to endorse a series of new home buying and selling pledges for property stakeholders

FCA to consult on international firms operating in UK

The FCA has launched a new consultation on its approach to regulating international financial firms operating in the UK

Second charge lending predicted to grow 100% in Q4

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British Business Bank to convene working group on ‘access to capital’

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UK debit card spending reached record high in July

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A third of women over 54 have borrowed 'just to make ends meet’ – more2life

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AJ Bell warns that millions could face ‘retirement misery’

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Opperman exploring possibility of using pensions for house deposits ‘disappointing’

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DB pension deficit stable in September

The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies rose slightly to £73bn at the end of September, new data from Mercer has revealed

Just 6.6% of pension scam reports handed to police in 2019

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Aspen Bridging backs first-time buyer requiring maximum leverage

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Study shows spike in people trading shares during COVID-19

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39% of investors expecting dip in real estate assets

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Rental yields on BTL properties in England rise 0.4% in Q3

Rental yields on residential buy-to-let properties climbed to 6.4% across England during the third quarter, up 0.4% from the 6% achieved in the third quarter of 2019, according to the latest Fleet Mortgages Buy-to-Let Rental Barometer

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Darlington Intermediaries launches affordability calculator powered by L&G

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Twenty7Tec offers analytics platform for free to 90% LTV lenders

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SDL Surveying announces busiest ever month

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SmartSearch reports record September

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Accord standardises LTI caps across all incomes

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