More than 3 million households across the country are living on a knife-edge where a small drop in income could cost them their home, new figures have revealed.
New analysis of government data by the University of St Andrews, on behalf of Shelter, found that 1 in 8 households in the UK are surviving on low incomes while paying unaffordable housing costs, putting them under huge financial pressure. Continue reading
House prices in the latest three months (June-August 2014) were 3.0% higher than in the previous three months (March-May 2014); down from 3.5% last month according to the latest Halifax House Price Index August 2014.
Prices in the three months to August were 9.7% higher than in the same three months a year earlier. This was lower than the annual rate of 10.2% in July. Continue reading
Tenant referencing and eviction firm Landlord Assist, is concerned at plans to regulate part of the buy-to-let mortgage market at a time when there is a desperate need for more rental accommodation to satisfy growing demand.
As part of the Government’s plans to adhere to the European Mortgage Credit Directive certain types of landlord mortgages will face tougher regulation from 2016. Continue reading
According to Landlord Action, as many as 38% of landlords calling their legal helpline for advice on evicting a tenant have failed to place their tenants’ deposits in a government-recognised scheme within the prescribed 30 days of receiving it, or have not even heard of the scheme which came into force back in 2007.
Landlord Action has launched a deposit service to deal with these cases. Continue reading
Activity in the East Central Scotland property market has continued to improve, according to the latest figures from ESPC’s House Price Report, despite an ease in growth over the summer months.
Between June and August this year, the number of homes sold across Edinburgh, the Lothians and Fife rose by 13% annually. However, in Spring of this year, annual growth in sales was standing at over 30%. Continue reading
This summer Brits typically chomped their way through 9000 calories worth of food at barbecues – indicating that, for many, moderation goes out the window when it comes to outdoor eating.
Britain has been experiencing a barbecue boom, with recent research from AXA PPP healthcare revealing that, on average, most people reckon they’ll have experienced five barbecues by the season’s end. Continue reading
New research reveals that parents’ hopes for their sons and daughters’ futures are being clouded by fears they will never afford their own home, and a belief the main political parties aren’t doing enough to deal with the housing crisis.
As mums and dads wave their children off for the first day of term, new research reveals that parents’ hopes for their sons and daughters’ futures are being clouded by fears they will never afford their own home, and a belief the main political parties aren’t doing enough to deal with the housing crisis. Continue reading
New Help to Buy official statistics show that the government’s scheme is successfully targeting the people that need it most, having helped almost 40,000 first-time buyers onto the housing ladder since the scheme launched last year.
Out of a total of 48,393 Help to Buy completions to date, 82% have been made by first-time buyers. Continue reading
Over one in three working parents in England are having to cut back on buying food to be able to afford their rent or mortgage, research from Shelter reveals.
The YouGov poll also found that one in ten parents had had to skip whole meals to be able to pay for their homes. Continue reading
Extra tax breaks should be offered to landlords who sign up for a national accreditation scheme to raise standards in the private rented sector, according to a recent report.
The report, from the Chartered Institute of Housing (CIH) and the Resolution Foundation (RF), says that targeted incentives for landlords would encourage them to improve the maintenance and management of their properties, offering a ‘something for something’ deal. Continue reading