Category: Latest News

Interest rates could be retained at historic low for a while yet, says a Bank of England Governor

  Interest rates might be retained at their historic low of 0.5% for far longer than first expected, the Bank of England’s deputy governor has identified, in what will be welcome remarks to those suffering from the inflationary pressures of … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Latest News Tags: , , , , Leave a comment

Mastercard unveils pioneering biometric bank card using thumbprint technology as identification

  Mastercard has unveiled its pioneering biometric bank card enabling consumers to carry out transactions in shops across the UK using their thumbprint as identification.

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Posted by: Leanne Halsey Categories: Industry News, Technology Tags: , , , Leave a comment

Bank of England proposals could require a third of new landlords to put down larger deposits

  The Bank of England have recently outlined a new proposal to impose stricter lending criteria for buy-to-let investors. If agreed, these extra powers could see new buy-to-let landlords having to put down a 40% deposit in order to secure … Continue reading

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Posted by: Leanne Halsey Categories: Industry News, Letting, Mortgages Tags: , , , , , , Leave a comment

New research reveals winter rituals of a ‘Hiber-nation’

With three quarters (75%) of Brits spending more time snuggled up at home in the colder months, new research from energy regulator Ofgem reveals Brits’ top winter rituals and shows we are a ‘hiber-nation’. Top of the ‘winter rituals’ list … Continue reading

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Posted by: Leanne Halsey Categories: Energy Tags: , , , , , Leave a comment

Mortgage approvals fall month-on-month; a clear sign the housing market is slowing down

The number of mortgage approvals made by lenders for September fell 10% on the previous year, representing a 14 month low in mortgage lending activity in a clear indication that the housing market is undergoing its greatest slowdown in recent … Continue reading

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Posted by: Leanne Halsey Categories: Industry News, Mortgages, Property Market Tags: , , , Leave a comment

UK inflation falls to lowest level for 5 years

  Inflation has fallen to its lowest level in 5 years, with the declining cost of fuel and a supermarket price battle thought to be the principal causes.

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Posted by: Leanne Halsey Categories: Economy, Industry News Tags: , , Comments Off

UK homes less expensive now than at the housing market’s peak…

  Britain’s homes are generally less pricey now than they were at the housing market’s peak in 2007, with London being the exception as affordability within the capital seems to be fast becoming a mythical notion, according to new findings … Continue reading

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Posted by: Leanne Halsey Categories: House Prices, Property Market, Property News Tags: , , , 1 Comment

How much do we still rely on the bank of Mum and Dad?

A recent survey of 1000 people who are actively looking to buy property, has highlighted that the ‘bank of Mum and Dad’ is more vital than ever as a foot onto the property ladder.

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Posted by: Samantha Turner Categories: Economy, Latest News Tags: , , , , Comments Off