Kelsey Phillips's Media Coverage
Birmingham Live
‘Act now’ warning issued for anyone with an easy-access savings account‘Act now’ warning issued for anyone with an easy-access savings account’
FTAdviser
Land Registry refutes ‘total chaos’ concerns as tax change loomsAdvisers have warned the Land Registry staff’s industrial action over office working will add chaos to an already precarious situation ahead of the stamp duty deadline, but the office refutes it will make...
FTAdviser
‘Lenders have no margins for rate war’Lenders do not have enough of a margin between the price they pay for money and what they lend it for to initiate a rate war this year, brokers have said.
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Heavy Refurb Bridge completed within 5 weeks on care-home conversionCastle Trust Bank’s Heavy Refurb Bridge on a below-market value basis has funded the conversion of this unused care home back to two substantial residential…
Express.co.uk
Inflation rate rise kills hope of Christmas Bank of England base rate cutThe news will be a blow to home buyers and anyone looking to remortgage.
Bridging & Commercial
'Bridging finance went ballistic in November' say brokers citing changes in BTL market as a factorBrokers have reported seeing an exceptionally busy November for the bridging market.
B&C
US Election 2024: The specialist finance market reactsThis morning, Donald Trump won the US election 2024 gaining both the electoral and popular vote.
Moneyweek
When will UK interest rates fall further? Latest Bank of England predictionsThe Bank of England cut interest rates for the first time in over four years on 1 August, but held the base rate steady in September. Will rates fall further this year and beyond?
Sky News
How the mortgage market reacted to the budgetThere was a wave of mortgage rate hikes from Virgin Money after the budget announcement.
Express.co.uk
Stamp duty rise in Budget triggers “chaos”The stamp duty charged on these purchases is rising from 3 percent to 5 percent with immediate effect
Yahoo News
‘Chaos’ as home sales fall through amid stamp duty shock in BudgetThe stamp duty charged on these properties is rising from 3 percent to 5 percent with immediate effect, which would add £7,000 to the typical purchase cost
Manchester Evening News
‘Chaos’ as home sales fall through amid stamp duty move in BudgetThe stamp duty charged on these properties is rising from 3 percent to 5 percent with immediate effect, which would add £7,000 to the typical purchase cost
Express.co.uk
Virgin Money first to increase mortgages after Budget as Santander cuts ratesLess than 24 hours after the budget and some banks are already making moves, with customers warned they could feel the hit in their pockets sooner than they expected.
Birmingham Live
Anyone with their house on market warned chains set to ‘collapse’Mortgage holders have been warned over “chaos” with deals “already starting to collapse”.
Inside Conveyancing
Autumn Budget 2024 – what it means for the property marketChancellor of the Exchequer Rachel Reeves delivered the Autumn Budget 2024 (30 October) – what is means for the property market.
Express.co.uk
Mortgage chaos after Reeves’ snap Stamp Duty changeRachel Reeves’ Budget - specifically her Stamp Duty announcement - has serious implications for the property market, insiders have warned.
Estate Agent Today
Autumn Budget 2024 – what is means for the property marketAn increase in Stamp Duty for additional property purchases was the biggest shock for the property market in yesterday’s Budget. Chancellor Rachel Reeves used her first fiscal statement to hike the additional...
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Nationwide hikes selected fixed rates by up to 0.15% after “hoovering up a lot of the mortgage market in recent weeks” |...Just when borrowers thought it was safe to come out as Barclays went sub-4% on a 2-year fixed rate, another major high street lender has just increased its rates. Nationwide has announced that, from tomorrow,...
Proactive Investors
Immediate real Budget impact on housing marketFollowing the stamp duty hike from 3% to 5% on second homes, several mortgage brokers report landlord clients have either pulled out of deals entirely or are looking to renegotiate prices. Jack Tutton...