On 15 March 2022 the Home Office issued the Statement of Changes to the Immigration Routes. The new order provides new routes for individuals coming to the United Kingdom for business purposes. Such new routes can be both sponsored and non-sponsored.
At 4pm on February 17, the Home Office has closed Tier 1 (Investor) visa route to new applicants. Pending applications for Tier 1 (Investor) visas will not be affected and all those already in the UK under this route will be able to extend their visas and apply for indefinite leave to remain (if they meet other conditions).
There are economic trends ahead this year that will drive inflation, leading to a rise in the Bank of England base rate and inevitably translating into mortgage rates going up.
The average UK property price hits a new record high of £276,091. Bank analysts say this is the most significant annual cash rise since March 2003, and it was unexpected by many a year before. However, the growth will most probably slow during 2022.
Seasons Greetings! May your wishes come true in the year 2022, and all taxes duly paid. To help you fulfilling your wishes, we publish a handy calendar of tax deadlines coming this winter. Save the dates.
Annual house price growth hit a double-digit figure in November. According to the Nationwide Building Society, annual house price growth reached 10%. However, the leading UK property portal Zoopla is less optimistic and considers UK growth to be 6.9% by the end of October.
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