More than two years on from the Grenfell Tower tragedy, homeowners across the country are still living with potentially combustible cladding on their properties. A Government fund was launched to help the owners of private blocks pay for the cost of making their...Read more
House prices barely moved in October as property inflation sticks below 1% for 11th month in a row, Nationwide reveals
UK house prices rose by 0.2% compared to September to an average £215,368 Annual growth stood at 0.4%, with prices £800 higher than October 2018 That is a significant slowdown from £9,100 increase in the year to October 2016 UK house prices barely moved this month as...Read more
I want to top up my retirement income and heard equity release might be an option – is it safe, and what’s the best way to do it?
Question: My husband and I are retiring next year and we don’t think that between us, our pensions will provide us with enough income to keep up with our lifestyle. We don’t need a big top-up but we’re considering equity release as we paid off our mortgage several...Read more
The luckiest generation: final salary schemes and the new state pension, who has it best in retirement?
Everyone imagines the dream retirement – perhaps reclining on a deckchair in an exotic locale or curled up with a book in the British countryside – but less enticing is planning how to fund it. Pension saving has always been important but, as with all money matters,...Read more
The once thriving buy-to-let market in Britain had the wind knocked out of it in 2016 when former Chancellor George Osborne introduced a raft of measures to curb the industry. A series of reforms were brought in which had a punitive effect on landlords. These...Read more
Annual property MOTs and a database of rogue landlords – expert reveals his five-point wish-list for buy-to-let, but what changes would you make?
Industry expert outlines his ideal five-point manifesto for the buy-to-let market ARLA Propertymark’s David Cox wants reforms such as a property MOT If tenants want a better deal, landlords must be encouraged not to quit, he says Some tenants could be feeling...Read more
Revealed: The most affordable places in the UK to get on the housing ladder and the places that are out of reach for first time buyers
Blackpool, Lancashire was ranked the most affordable place in the UK Homes in Hull and Lincoln were also found to be in reach for first time buyers Chances of getting on the property ladder in Warwick or Guildford were slim Those looking to make their first steps...Read more
If you hadn’t worked it out already, today (1st October) marks the 30-day countdown to Brexit and if you’re looking to sell your home before we leave the EU, the following list of 30 top tips may be of some use. With housing sales estimated to increase...Read more
Trying to sell your home? Homeowners have to shave an average of £8,000 off asking prices to get properties sold.
Property website Zoopla analysed the initial asking prices of properties for sale It compared these figures with the amount that the properties actually sold for None of the towns that typically achieved full asking prices are in the South Homeowners trying to sell...Read more
It’s cheaper than ever to fix your mortgage for 10 years or more as Brexit uncertainty fuels mortgage price cuts
Mortgage rates have rarely been cheaper but in the past couple of weeks the cost of longer-term fixed rates has dropped disproportionately – making the idea of fixing for 10 years or more look increasingly tempting. The cheapest two-year fixed rate currently...Read more
Britain’s most expensive cities become more affordable: Stalled property prices in places like London, Oxford and Cambridge are outpaced by salary hikes
London’s average house price now stands at £483,100 – 13x typical earnings Prices remain high in likes of London and Cambridge, but ratios improving Ongoing uncertainty over Brexit weighing on prices, Zoopla claims Britain’s most expensive cities are...Read more
House prices fail to budge an inch in August and annual growth remains sluggish as the nation awaits Brexit
Month-on-month, the average cost of a home in the UK stayed put this month On an annual basis, average prices have increased by just 0.6% Uncertainty over Brexit exerting drag on ‘sentiment and activity’, findings say Average house prices did not budge an...Read more