From 1st July the Council of Mortgage Lenders is integrated into a new trade association, UK Finance. For the time being, all UKF mortgage information will continue to be published on this website, and UKF member-only mortgage information will only be available here.

UK Finance represents around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation takes on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association. Please go to www.ukfinance.org.uk for wider content and updates from UK Finance.

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Proposed LBTT supplement on additional residential homes - call for evidence

Last updated: 2 Feb 2016

Consulting body:
Scottish Parliament
Status:
Closed
Period of consultation:
Runs from 16 December 2015 to 29 January 2016
CML action:
Response submitted

The Scottish Government proposes, in their draft budget 2016/2017, to levy a Land and Buildings Transaction Tax (LBTT) supplement on purchases of additional residential properties, such as buy-to-let properties and second homes.