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Top News In Staton Mortgages Today - Breaking & Trending Today

Resignation of prime minister Liz Truss: Industry reaction

Liz Truss’ resignation as prime minister has been welcomed by those within the mortgage sector with Staton Mortgages director Mike Staton suggesting she only made one correct decision during her time “and she made that today by handing in her resignation”. Truss addressed the country outside Downing Street just after ....

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News Analysis: Stamp duty cuts: will they help?

Chancellor Kwasi Kwarteng’s mini-Budget in September brought a flurry of new stamp duty thresholds for first-time buyers (FTBs) on a permanent basis. In addition, stamp duty was eradicated for purchases of land and buildings for commercial or new residential development. Now that the measures have further bedded into ....

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Landlords looking to offload properties onto tenants, say brokers

Brokers report they have seen a growing number of tenants say they have been given first refusal to buy the property they are renting over the last two months. It is believed this is due to a combination of the new energy performance certificate (EPC) rules coming in 2025, an economic environment that is making it ....

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