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Top Mortgage Finance Gazette News
Rachel Reeves · United KingdomU.K. Chancellor Rachel Reeves announced her 2025 Budget in the House of Commons on Wednesday. The budget contains £26 billion ($34 billion) in tax rises, led by a three-year extension of the personal tax and National Insurance contributions thresholds, threshold freezes and taxation of salary-sacrificed pension contributions above £2,000.See the Story
Chancellor Reeves Raises £26B in Taxes at 2025 Budget
63% Center coverage: 130 sources
United Kingdom · United KingdomTwenty7tec’s latest data shows that November brought a clear pause in borrower behaviour, with many households and landlords waiting for Budget clarity before making new commitments. Total mortgage searches fell to 1,405,878, a 14.64% drop compared with October and 3.81% lower than last year. The slowdown was led by purchases. Residential searches fell to 1,167,382 – down 14.64% month on month and 2.91% year on year. Non–first time buyer residen…See the Story
