Will the pound slump boost house prices? – The Week UK

Local Government Association research finds that the continued rise in house prices in the Uk are squeezing young people out of the market. As house prices soar those under 25 able to get on the property ladder has dropped by over half. The association has published recommendations ahead of housing white paper for more affordable […]

Leeds launches fee-free remortgage range – Financial Reporter

The Leeds Building Society has announced plans to offer new deals aimed specifically at remortgagors. They will offer 2 year and 5 year fixed rates with no product fees, free valuations and fees assisted legal services. This move reflects the increase in 2016 for remortgages which is expected to continue throughout 2017. Leeds launches fee-free […]

Brexit’s effect on housing ladder – FT Adviser

The effects of Brexit on the housing market appear to show that after some initial falls in first-time buying, this demographic seems to have shown an increased interest in buying property, although the long-term effects have yet to be felt in full. Despite fluctuations in the housing market, continued low interest rates have offset dips […]

British Pound Gains versus Euro, Dollar as Housing Data Beat Estimates – DailyFX

Data shows that mortgage approvals in the UK rose to the highest levels in 7 months, which in turn has improved the British Pound against the Dollar, Euro and Yen. Reports from the Royal Institute of Chartered Surveyors also who an increase in house-buyer enquires for the second month in a row, following a 6 […]

Want a doer-upper? Do your research first – Belfast Telegraph

What’s the difference between a property you can fix up and flip for a profit, and a lost cause not worth getting involved with? These five tips can help you determine the difference. Avoid getting conned or deceived and know what you’re buying and what to prepare for. Your financial security could depend on it. […]

Son who secretly remortgaged his parents’ home to finance his property empire jailed – Express.co.uk

A 50 year old man from west Kensington in London was sentenced to over 3 years for fraudulently claiming benefits while having secretly re-mortgaged his father’s home in an attempt to buy his own properties to let out himself. Nicholas Forrester obtained a loan against his family home of 35 years for the sum of […]

House price sentiment increases following Brexit vote | Mortgage … – Mortgage Introducer

The cost of house prices in the UK in September rose much more slowly than in previous months of 2016. There are fewer properties available and continued low interest rates which have prevented the falls in activity being sharper, however. The quarterly statistics for house buying in September were the weakest since 2012. This reflects […]

Interior designer reveals most common décor disasters – Daily Mail

Anne Haimes, an interior designer from Henley-on-Thames, shares some of the biggest interior design disasters people commit when renovating their houses and rooms. These include overdoing the gilt, Using a rug with a size disproportionate to the rest of your room, hanging pictures too high, being obsessed with making everything match, and trying to copy […]

UK financial stability ‘depends on orderly Brexit’ – BBC News

Bank of England governor, Mark Carney, has warned that consumers are spending more on credit cards than ever. The bank puts the record spending levels at £571m in the last month. The Bank’s stability report showed that in the second quarter of 2016, the ratio of debt to income was 133%. Because of this, the […]

UK houses now cost six times annual wages, says Nationwide – BBC – BBC News

According to a study carried out by Nationwide building society, the cost of houses in the UK now stands at more than 6 times the average national wage. The last time the pric/ wage ratio was similarly high was over 8 years ago and house prices have been on the increase for 3 years while […]