Why am I under pressure to buy my new-build home despite legal snags?

BC from Kent has had multiple problems with builder Charles Church and its parent company, Persimmon, in the course of trying to buy a house in East Sussex. In addition to previously barring BC’s snagging surveyors from the property, BC’s solicitors discovered that Charles Church had a previously undisclosed overage (aka a clawback) on the […]

Why rental fraud is on the rise

With the incorporation of so much technology within our lives, it is much easier for fraudulent schemes to be played out by those who are preying on landlords and property owners. Most scammers tend to frequent local classified sites for the simple fact that these websites typically do not require full background checks in order […]

Why you too will be working two jobs by 2030 (and probably loving it)

More than a quarter of Britons are working £72 billion in side hustles to make some extra cash. The average side hustler is making about 20 percent more money, but many work more than 50 hours a week. Surveys suggest business leaders are ambivalent about all these side hustles, although some feel that they make […]

Financial alienation: The cost of not understanding

A survey by online mortgage broker Hanito revealed that half of adults believe they have overpaid for something because they misunderstood the complicated jargon in an agreement, while a quarter admit to signing onto an agreement without really understanding it. The same study indicated that up to 58 percent of people have put off refinancing […]

Why locking yourself into a mortgage for a decade could save you thousands

Trends come and go, and that includes fiscal trends. Right now, ten year, fixed-rate mortgages are getting a possible moment in the U.K., as more and more major banks launch the option. Is one right for you? Of course, fixed rate mortgages that go on for ten-to-thirty years are par for the course in the […]

London house prices to fall until 2020, says PwC

London home values have already been through the wringer. Nonetheless, auditing and consulting firm, PwC, is going on record with predictive analysis that the London house market will dip two percent in this year alone, and continue the negative trend for another year. CEO of the residential research company, Knight Frank, Tom Bill, explained the […]

One third of single Brits think they need to couple up to buy a property, survey finds

Property prices in the UK have recently skyrocketed, and it causes many citizens to find themselves with a bleak outlook about ever owning a home. Only 10% of UK residents claim that they have the ability to buy a home in the future. Only 18% of single residents claim that they would be able to […]

Value of UK property market falls £26.9bn as house prices stagnate

According to analysis by Zoopla, British home values have fallen by 33 percent to a collective value of about £8.2 trillion — a depreciation of about £26.9 billion total — from 1 January to 30 June. This is an unfortunate turnaround for the British housing market, which did well last year.l but has fallen victim […]

‘Freeze house prices to rebalance economy’

Financial and real estate experts are now advising a market freeze on current real estate prices in order to boost the current economy. The housing market is currently at a standstill, and it is estimated that if a five-year freeze were put into place, UK residents could expect up to a 10% inflation rate in […]

Study reveals significant fall in number of first time buyers in the UK

The overall number of first-time home buyers across the United Kingdom has plummeted, with the breakdown into specific demographics revealing even more precipitous drops. Home ownership has become much more difficult to tackle in the last two decades, with average wage-earnings stretching to cover only about 10% of an average house purchase. Contrast this to […]