Archive for October, 2006

Millions of Brits unable to buy property

Monday, October 30th, 2006 Posted in News | Comments Off

Nearly seven and a half million Britons can not afford to buy a home in the UK, according to new research.Figures released by Abbey have shown that some 7.4 million ... Read more..

Credit cards a major factor in serious debt cases

Monday, October 30th, 2006 Posted in News | Comments Off

Credit cards are the biggest contributory factor in serious debt cases in the UK, a new debt survey has revealed.The Debt Counsellors Annual UK Debt Survey 2006 revealed that more ... Read more..

Interest rates forecast to hit 5.25% in 2007

Monday, October 30th, 2006 Posted in News | Comments Off

An influential think tank has predicted that interest rates will rise to five per cent in November before reaching 5.25 per cent at some point in early 2007.Following a rise ... Read more..

UK property market offers greater returns than Bulgaria

Wednesday, October 25th, 2006 Posted in News | Comments Off

Since 2004 Bulgaria has been the focus of the international property market, with growth of up to 36 per cent a year in some areas.However, new research has suggested that ... Read more..

Average London home set to hit £400,000 by 2011

Wednesday, October 25th, 2006 Posted in News | Comments Off

Average house prices in London are set to soar over the next five years to nearly £400,000, the London Housing Federation (LHF) has predicted.The LHF, which represents London's 400 housing ... Read more..

Britons ‘walking financial high wire’

Wednesday, October 25th, 2006 Posted in News | Comments Off

Almost half of British households require two salaries to get by, according to new research from Scottish Widows, illustrating the dire financial circumstances of much of the country.The figures show ... Read more..

Vast differences in FTB stamp-duty liability

Tuesday, October 24th, 2006 Posted in News | Comments Off

First-time buyers (FTBs) across the country face a postcode-lottery on whether they are liable for stamp-duty, according to an article by the Council of Mortgage Lenders (CML).The CML article revealed ... Read more..

Stable rental yields attracting buy-to-let investors

Tuesday, October 24th, 2006 Posted in News | Comments Off

Stable rental yields are driving investment in the buy-to-let sector, according to new research from the Paragon Group.The research shows that buy-to-let investors are investing in additional rental property, encouraged ... Read more..

Agent predicts 6% house price growth in 2007

Monday, October 23rd, 2006 Posted in News | Comments Off

Growth in house prices will slow slightly next year, but will nevertheless continue to see an increase in value, a leading estate agent has forecast.Estate agents Knight Frank have predicted ... Read more..

Variable HMO fees creating ‘landlord lottery’

Monday, October 23rd, 2006 Posted in News | Comments Off

Regional variations in the cost of a licence for households in multiple occupation (HMO) are creating 'postcode lotteries' for buy-to-let property investors, a new study by Heritable Bank has found.Vast ... Read more..

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