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Book celebrates ordinary UK homes

With government tax inspectors rumoured to be eyeing up the quality of people’s homes for new Council Tax bands, a book just out could offer inspiration to those looking to devalue their homes in the eyes of prying inspectors.

Living Normally by Trevor Naylor is a backlash against glossy coffee table interiors books and TV home make-over programmes. It celebrates normal homes and everyday chintz.

If the Conservative Party is right about Labour’s plans to tax people on the look of their homes, the dwellings featured could be the tax-efficient homes of the future – provided the owners don’t make any improvements in the meantime.

It was rumoured recently that Gordon Brown’s Valuation Office Agency had drawn up an illustrated manual of every type of home.

The Tories say inspectors are instr-ucted to grade homes with computer codes based on features such as sash windows, stone fascias, patios and other factors such as proximity to public transport and desirable views.

Caroline Spelman, Tory shadow secretary for local government, says: “As we learn more about the plans for invasive inspections it becomes clearer that home improvements could be used to increase Council Tax.”


BDM for Money Partners Touch

Money Partners Touch has promoted James Hope to the role of business development manager for London and the Home Counties. Covering the capital plus Hertfordshire, Essex, Kent, Surrey and Buckinghamshire, He will be responsible for building relationships with brokers and IFAs and report to sales director Martin Gilsenan.

IFS equity release questions lack consistency and clarity

With reference to question number one on page 69 of the February 26 issue I am of the opinion that the question and subsequent answer are either incorrect or unclear. The question states: ‘…raise the maximum capital from their home…’. This would indicate a 100% home re-version deal. But with the majority of home reversion […]

RBS slashes BTL rate

Royal Bank of Scotland Intermediary Partners will be cutting the rate on its NatWest buy-to-let two-year fixed rate mortgage to 5.35% from 5.74%. The bank has also raised the LTV on interest only buy-to-let mortgages to 85% from 75%.

85% Of FTBs plump for fixed deals

A whopping 85% of first-time buyers plumped for fixed rate mortgages in January, the Council of Mortgage Lenders has revealed. This is the highest number yet seen in a single month.


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