Category: Articles
Millions of households struggling to pay their mortgage could be on the wrong deal – What Mortgage
After the UK voted to leave the EU, the sterling (currency) has dropped in value. This, combined with annual inflation near 3 per cent, is putting financial pressure on mortgagors. Millions of them in the UK are having trouble making their payments, or believe their payments are too high. However, the majority have never remortgaged […]
More adults will end up staying with parents if UK property prices continue to rise – Property Wire
Over the past decade, the number of adults in the United Kingdom that live with their parents has grown steadily. According to experts, these numbers will continue to increase if property prices rise, which is presently occurring. For adults still living at home, finances are a major obstacle in the process of moving out, with […]
Buy-to-let slump after stamp duty change – BBC News
A British news network has issued a story about the purchases of rental properties by investors. The story notes the dramatic decrease in the number of these purchases since the government imposed a three per cent tax on the transactions in April of 2016. It noted there were 71,000 loans for rental purchases in a […]
Lloyds Banking Group confirms return to private ownership – Belfast Telegraph
Nine years after the government bailed them out in the financial crisis, Lloyds Bank in London has returned to the private sector. The chief executive of Lloyds they’ve turned the group around and will continue to use their current position to help Britain prosper, and that due to strong financial performance, over 21.1 billion pounds […]
Work From Home Survival Tips – HuffPost UK
Working from home can be very rewarding. It offers flexibility, decreased expenses with commuting and many other benefits. People often perceive work-from-home positions as all being an opportunity to lounge around, take extended breaks and relax in comfy clothes while hanging out with family. It can be just that, if you don’t aspire to attain […]
Lloyds’ charge into consumer credit eases mortgage pressure – Financial Times
The credit of consumers does affect their ability to get houses and then to pay for them because a lot of their income can get tied up in credit card payments and other debts. There has been pressure in the housing market lately because of people not having the best credit situations. Hopefully what Lloyds […]
FTSE 100 hits 7500 points for first time ever as UK inflation jumps to 2.7% – business live – The Guardian
In an unpredictable day’s exchanging, the UK securities exchange has outpaced its companions, with the FTSE 100 shutting over 7,500 surprisingly. Financial specialists have been floated by any expectations of further framework spending in China, which has supported product organization shares, a fortifying oil cost on the back of recommendations a yield cut would be […]
UK house price growth drops to 4.1 per cent in March as slowdown in London continues , according to data from the … – City A.M.
House price growth is down in in the UK. This means the market is undergoing a change. If you buy and sell houses for a living you need to keep a close watch on the housing market. It can also help you if you want to become a homeowner because you’ll know when to buy. […]
How to buy a house and still enjoy avocado toast – Metro
The avocado toast here is just an example of luxuries people think you can’t have if you want to buy a house. Coffees are also mentioned. Basically this is saying you can get a house without giving up little conveniences and things that make you happy. This gives you examples of how to do this. […]
Buy-to-let slump after stamp duty change – BBC News
Simon Bennett, a proprietor from Belfast with 35 properties, said the additional duty just influenced a few buys, however was combined with banks being extremely hesitant to loan. As we head into the late spring, both first-time purchaser and remortgage loaning anticipated that would keep up energy in the light of the extremely appealing arrangements […]