Monthly Archives: August 2022

Doubling up leaseholders to receive refund

Thousands of homeowners who have been paying doubled ground rent on their leasehold properties are to receive a refund. Many of the 5,000 households throughout the UK affected by ‘doubling clauses’ will receive a windfall and will see more money in their pockets each month as ground rents return to their original amount. The announcement…
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Starling flies to the top of banking polls

Starling Bank has proved unstoppable in the latest large scale banking surveys, coming top for business and personal accounts. Personal and small business current account holders were asked how likely they would be to recommend their provider to a friend, relative or other business. The surveys also covered the quality of online and mobile provision,…
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Broadband bill cuts help families stay connected

Struggling families have been given the welcome news that their broadband bills could be cut as the cost-of-living crisis continues to bite. Millions of low-income households could be eligible for cheaper deals with internet service providers being encouraged by the Government to offer ‘social tariffs’. A new service, which goes live this week and is…
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Paying your tax late? Be prepared for higher interest

Late taxpayers will be facing higher interest rates from this week following the rise in the Bank of England base rate. HMRC’s interest rates for late payment are linked to the base rate that was increased to 1.75% from 1.25% earlier this month. The changes will come into effect on: 15 August 2022 for quarterly…
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