Tag: Economy

Is homebuyer confidence falling?

A recent survey is suggesting that confidence in the housing market has tumbled to it’s lowest level ever in the last three years. These fears are mainly based on over – inflated prices and talk of rises in interest rates.

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Posted by: Samantha Turner Categories: Buying, Economy, Property Market, Uncategorized Tags: , , , , Leave a comment

Housing Market cools for the first time this year

Asking values for houses fell for the first time this year, as freshly gathered data shows a potential cooling period in the housing market.

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Posted by: Leanne Halsey Categories: House Prices, Mortgages, Property Market Tags: , , , , , Leave a comment

Bank of England governor alerts to danger of potential financial crisis as UK house prices rise to record 10.5%

The Bank of England’s governor, Mark Carney, has reinforced his ominous forecasts concerning the UK housing market, as new data indicated that house prices rose by 10.5% in the 12 months to May.

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Posted by: Leanne Halsey Categories: Economy, House Prices, Mortgages, Property Market Tags: , , , , , , Leave a comment

Half a million new homes needed before the end of the decade

Local Authorities across England and Wales are demanding that plans are made to build half a million new homes before the end of the decade. It is being described as a ‘national scandal’, and that the current shortage of affordable housing … Continue reading

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Posted by: Samantha Turner Categories: Economy, Property News, 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

Housing boom potentially peaks as prices of new houses on the market come to ‘a virtual standstill’, says Rightmove

The recent burgeoning surge in property prices appears to have decelerated across the UK this month according to Rightmove’s newly published House Price Index (HPI). Adding further fuel to the fiery debate surrounding house prices, Rightmove suggest that prices have … Continue reading

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Posted by: Leanne Halsey Categories: Economy, House Prices, Property Market Tags: , , , , , Comments Off

UK inflation rate falls sharply to 1.5%, according to Consumer Price Index

The UK inflation rate has steeply fallen to its lowest value in 54 months, the latest Office for National Statistics (ONS) figures have revealed.

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Posted by: Leanne Halsey Categories: Economy, Latest 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