Following the impact of the coronavirus pandemic, many mortgage lenders are asking for evidence from first-time buyers (FTBs) that the majority of their deposit comes from their own savings, possibly signalling the end of the Bank of Mum and Dad.
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Inheritance tax receipts fall for the first time in more than 10 years
Inheritance tax (IHT) receipts have fallen for the first time in more than 10 years, according to the latest data from HM Revenue & Customs (HMRC). Read more
Amazon free to invest in Deliveroo after CMA investigation
The Competition and Markets Authority (CMA) has given Amazon the green light to invest in London-based Deliveroo after initially citing competition concerns. Read more
COVID-19 – Half of all furloughed staff have returned to work
More than half of the workers placed on furlough leave through the Coronavirus Job Retention Scheme (CJRS) are likely to have returned to work, according to data from the Resolution Foundation. Read more
High street businesses feel remote working boost as urban centres stand empty, RICS survey reveals
Covid-19 remote working could cause a resurgence in high street business as workers move out of cities and into local suburbs, a major report has revealed. Read more
Three reasons why newlyweds should write a new Will
Contrary to popular opinion, the act of marriage and civil partnership can revoke an existing will, usually leaving your legal partner as the major beneficiary to your estate. Read more