Conveyancers and property commentators react to the Autumn Budget
Conveyancers and property commentators have given a mixed response to the Autumn Budget, welcoming the Your First Home scheme as a boost for aspiring buyers while warning that it will not resolve wider pressures on housing supply and delivery. The absence of stamp duty reform drew criticism from the property sector, alongside calls for greater […]
Housing minister announces first hike in shared ownership income caps in decade
Shared ownership eligibility caps will be increased for the first time since 2016 to ensure the scheme remains “accessible” to those who need it. Housing Minister Matthew Pennycook announced this week the annual income cap will be raised from £80,000 to £90,000 outside of London and from £90,000 to £110,000 for buyers in the capital, […]
Tribunal rubber stamps £341,000 discount on SDLT after HMRC ‘mixed use’ dispute
A first-tier tribunal has decided a £341,750 stamp duty land tax (SDLT) saving applies in an appeal considering if an otherwise residential property could be considered “mixed use” due to the presence of an electrical substation in its grounds. The appeal against an SDLT calculation by HM Revenue & Customs (HMRC) concerned a substantial semi-detached […]
AI agents software ‘help organisations grow without a matching rise in headcount’
A technology provider has launched what it describes as a fully managed service that designs, builds and runs AI agents handling high-volume and regulated work. Warrington-based Synextra has launched its Agents of Output software, which uses agents to handle high-volume, regulated work, from drafting engagement letters to running anti-money laundering checks. The business said the […]