Category: Industry News

Affluent households paying an average of £21,000 more for houses near top state schools

A recent study carried out by Lloyds banking group has shown that affluent parents are prepared to pay on average £21,000 more than the average house price in bordering neighbourhoods for the privilege of living within the same postcode as … Continue reading

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Posted by: Leanne Halsey Categories: Buying, House Prices, Industry News Tags: , , , , , Leave a comment

Do you travel further than the average 8.8 miles to work? Maybe it’s time to cut your commute…

As the old saying goes, choosing a home is all about, ‘location, location, location’. Never is this more true than when you are considering your journey to work.  Propertywide’s innovative new Travel Time tool allows you to easily identify available properties … Continue reading

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Posted by: nicolasevern Categories: Buying, Buying Property, For Sale, Industry News, Property Advice, Property News, Tenants Advice, Uncategorized Tags: , , , , , , , Leave a comment

May Mortgage approvals dipped to lowest levels since June 2013

According to the Bank of England the number of mortgages approved in May was at its lowest level since June last year.

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Posted by: nicolasevern Categories: Finance, Industry News, Mortgages, Property News Tags: , , , , Comments Off

Help to Buy is assisting the right homebuyers with 55% of purchasers coming from the private rented sector

55% of people who have bought a property using the Government backed Help to Buy scheme have moved from the private rented sector, according to findings in Countrywide plc’s latest Quarterly Market Review.

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Posted by: nicolasevern Categories: Buying, House Prices, Industry News, Latest News Comments Off

Industry experts predict that interest rates could rise to 5%

According to Sir Charlie Bean, deputy governor for monetary policy at the Bank of England, it is ‘reasonable’ to think that rates will return to pre-recession levels in 10 years or more.

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Posted by: nicolasevern Categories: Buying, Economy, Estate Agents, Finance, Industry News, Latest News, Mortgages, Uncategorized Tags: , , , , Comments Off

Equality Trust call for tax system overhaul after figures suggest nation’s poor contribute more than rich

The British electorate considerably underestimate how much the lowest earners in the country pay in tax and are under a false impression that the country’s richest shoulder the largest burden on their income from tax, according to compelling and insightful … Continue reading

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

Interest Rates – Are They Set to Soar?

There has been much speculation around the subject of interest rate rises for some time now. Thankfully, since the Chancellor, George Osborne, announced in his Mansion House speech, that the Bank of England will be given new powers to intervene … Continue reading

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Posted by: Samantha Turner Categories: Economy, Finance, Industry News, Mortgages Tags: , , , , Comments Off

Rate rise of just 1% could send thousands into mortgage arrears, says UK Asset Resolution

Thousands of existing mortgage holders could be at financial risk of falling into arrears with their repayments if the Bank of England raises their base rate by just 1% in the near future, according to the chief of the “bad … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Finance, Industry News, Latest News, Mortgages Tags: , , , , , , 1 Comment