The Conservative Party will pledge to cut stamp duty for first-time buyers as part of its manifesto.
The levy is currently paid on property purchases worth more than £250,000 – with the rate ranging from 5% to 12% of the ticket price, increasing as the price rises.
For people purchasing their first home, stamp duty kicks in on properties worth £425,000 – although this offer is set to expire in March next year. The Tories want to make the £425,000 floor permanent for new buyers.
She also raised the starting line for stamp duty on all other property transactions from £125,000 to £250,000 – although this is also set to revert in March next year.
It has not been said how much the move would cost – although there are reports it would be as much as £1bn.
The Conservatives are hoping the tax pledge will benefit around 200,000 households every year.
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Speaking in a BBC election debate, Conservative candidate Penny Mordaunt said: “The way to keep the recovery going is to give you more money in your pockets.
“That is why this election must be about us cutting your taxes.”
She added that the Tories “have already started doing that and you’ve already heard some announcements”.
“You’ll see more in our manifesto next week,” she added. “We have got to cut people’s taxes and we have got to alleviate burdens on business.”
Writing earlier this week before the announcement, David Phillips, an associate director of the Institute for Fiscal Studies, wrote that stamp duty “is one of the most economically damaging taxes levied by the government”.
He added that it is “significantly increasing the cost of moving and gumming up both the housing and labour market”.
“It should not be increased – rather it should be reduced or, ideally, abolished.”
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An international manhunt is under way for the husband of a murdered woman, whose body was found in the boot of a car.
The body of Harshita Brella was found in east London on Thursday, tens of miles away from her home in Corby.
On Sunday, Northamptonshire Police said they were looking for Pankaj Lamba – who they believe has left the country.
Sky News understands she had been under the protection of a court order designed for victims of domestic abuse.
“Our inquiries lead us to suspect that Harshita was murdered in Northamptonshire earlier this month by her husband Pankaj Lamba,” said chief inspector Paul Cash.
“We suspect Lamba transported Harshita’s body from Northamptonshire to Ilford by car.”
“Fast track” enquires were made after the force was contacted on Wednesday by someone concerned about Ms Brella’s welfare. After she failed to answer the door at her home in Skegness Walk, Corby, a missing person investigation was launched.
Her body was found inside the boot of a vehicle in Brisbane Road in the Ilford in the early hours of Thursday morning.
A post mortem – conducted at Leicester Royal Infirmary on Friday – established she had been murdered.
More than 60 detectives are working on the case, with lines of enquiry including going house to house and property searches, as well as looking at CCTV and ANPR.
“We are of course continuing to appeal for any information that will help us piece together exactly what happened as we work to get justice for Harshita,” said chief inspector Cash.
“I urge anyone listening to or reading this statement, that if you saw anything suspicious in the past week or have any information, no matter how small, please contact us. We would always rather receive well-meaning information that turns out to be nothing as opposed to not receiving it all.”
Force referred to police watchdog
On Saturday, Northamptonshire Police said it had made a mandatory referral to the Independent Office for Police Conduct due to previous contact between the force and the victim.
Northamptonshire Police previously said officers had been conducting investigations at three locations: Skegness Walk and Sturton Walk in Corby and Brisbane Road, Ilford, where Ms Brella’s body was found.
East Midlands Special Operations Major Crime Unit (EMSOU) and Northamptonshire Police said they were working “around the clock to establish the circumstances behind her death, including the exact location and timeframe in which it took place”.
Speaking about the recreation, she said: “We’ve got leading experts in their fields who have been working on this for 10 years and so everything has been meticulously researched, meticulously evidenced, so you are seeing the most accurate portrayal of Richard III”.
A team based at Face Lab at Liverpool John Moores University created the avatar based on the reconstruction of Richard III’s head with the help of a craniofacial expert.
His voice has been created by Professor David Crystal, a leading linguist in 15th-century pronunciation. He admitted that it’s impossible to know exactly how he spoke, but this is as close as they will get.
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The king was born in Northampton but spent a lot of his life in Yorkshire. His parents were also from the north of England.
Vocal coach Yvonne Morley-Chisholm spent a decade researching how the monarch would have sounded. She worked with the actor Thomas Dennis who was chosen as his body and face were such a a good physical match.
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Speaking to Sky News, she said people will be shocked at how different he sounded compared with traditional portrayals of the king on stage and screen.
The coach and actor also examined the king’s letters and diary so that “as you pronounced a word that’s how you would write it”.
History fans at the unveiling were delighted with the accent, with one telling Sky News: “Northerners are known to be happy, positive, all those lovely qualities.”
Born in Northampton but a northerner through and through, technology has brought the king’s speech back to life
A murder investigation has been launched after a woman’s body was found in the boot of a car in east London.
Detectives said a murder inquiry has been launched into the “suspicious” discovery in Ilford.
The woman, who has not been named but is from Corby in Northamptonshire, may have been the victim of a “targeted incident”, police say.
“Fast track” enquiries were made after the force was contacted by a member of the public with concerns about the welfare of the woman.
This led to the discovery of a body inside a car boot.
Northamptonshire Police said: “The investigation is ongoing and there will be continued police activity over the weekend in various locations, including Corby and Ilford.
“Although we believe that this was a targeted incident and there is no wider risk to members of the public, extra patrols will be taking place in Corby in the coming days for reassurance purposes.”
Detectives from the East Midlands Special Operations Unit major crime team and the Metropolitan Police are working on the case, to try and establish the circumstances that led to the woman’s death.