Dramatic inflation drop a definitive cause for celebration

The past few years have been so full of gloom, in so many guises, that it takes some adjusting when there comes a piece of all-round good news. Yesterday’s inflation figures are that news. Not only did they show that the Consumer Prices Index has fallen – to 3.9 per cent, down from 4.7 per cent last month – but […]

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Council tax will double for some second home-owners in April next year

Councils in Scotland will have the power to double council tax on second homes after new regulations were agreed in Holyrood. The measures, which the Government says aim to “prioritise housing for living in” will bring second homes in line with council tax policy on long-term empty homes. The authority to implement charge increases will take effect from April 1, […]

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Virgin Money announces ‘significant’ cuts to mortgage rates

Virgin Money has announced another wave of “significant” cuts to mortgage rates in a boon for homeowners. The lender has slashed interest rates across its range of remortgage, buy-to-let and residential mortgage products. This comes as other banks and building societies are cutting mortgage rates in a bid to better support customers. Households have been forced to contend with soaring […]

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