Wealth Knowledge, November 2021

Savers exposed as lifetime allowance protection wanes
The number of people protecting themselves against breaching the lifetime allowance slowed in the last year. 

Wealth Knowledge, October 2021

Curtain comes down on stamp duty land tax holiday 
The stamp duty holiday in England and Northern Ireland has ended, more than 14 months after it first came into effect. 
The tax break saw buyers who purchased residential properties for £500,000 or less pay no stamp duty until 30 June 2021, although landlords still had to pay the 3% surcharge. 

Wealth Knowledge, September 2021

Stamp duty land tax holiday fuelled equity release spike
Homeowners released £1.17 billion of property wealth between April and June 2021, said the Equity Release Council (ERC). 
Tax savings on offer from the stamp duty holiday are thought to have spurred on over-55s to help their children get onto the property ladder. 

Wealth Knowledge, August 2021

Lower stamp duty land tax threshold in place until October
The stamp duty land tax-free threshold in England and Northern Ireland reduced last month, as the tax holiday introduced in July 2020 began to be phased out. 

Wealth Knowledge, July 2021

Home movers fuel spike in mortgage borrowing as prices rise
A record proportion of mortgage borrowing in the first three months of the year was fuelled by home movers as the ‘race for space’ hotted up. 
The Financial Conduct Authority said this group accounted for 42% of total mortgage lending – the highest proportion since records began in 2007.