Author Archives: George Bailey

The 7 most affordable places in the UK to buy a house

Getting a foot on the property ladder has always been difficult, but there are some areas of the UK where it easier than others.

The average UK house now costs eight times the average national wage. But new research, carried out by online money-saving agent eMoov, shows that there are some places where you can buy a house for as little as three times the average salary in the area. Continue reading

Hammond ditches Osborne’s help-to-buy homes scheme

Philip Hammond has confirmed that the government’s help-to-buy mortgage guarantee scheme will be closed by the end of the year, another of former chancellor George Osborne’s flagships now abandoned by the Treasury.

In a letter to Bank of England governor Mark Carney, the chancellor said the scheme had a “specific purpose that has now been successfully achieved”.

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Hertfordshire is best place to raise a family

New parents should consider selling up and moving to Hertfordshire, according a new study which has just named the county the UK’s best place to raise a family.
Top exam results, good pay prospects and plenty of sunshine, combined with lots of GPs and fast broadband, place Hertfordshire firmly at the top of the uSwitch Better Family Life index, published on Wednesday.

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Housing market ‘falters amid Brexit campaign and vote’

The supply of homes on the UK market fell at its sharpest rate to date and buyer demand hit an eight-year low as Brexit was confirmed, surveyors say.

House prices are expected to fall across the UK in the next three months, the Royal Institution of Chartered Surveyors (Rics) survey suggested.

Read the full BBC News story here:

http://www.bbc.co.uk/news/business-36783938

Cost of renting one-bed property soars in UK

The cost of renting a one-bedroom property in the UK has risen to swallow almost half of the average young worker’s take-home pay, according to figures, while those living in London are typically handing over 57% of their monthly wages.

The average cost of a new tenancy on a one-bedroom home hit £746 a month in May, taking up 48% of the take-home pay of a worker aged under 30, data from property firm Countrywide showed. Continue reading

Designer villages where house prices are over £1 million

Who wants to be a property millionaire? As house prices continue to rocket, particularly in the commuter belt, more village residents are winning.
This year, eight villages in Essex, Surrey, Greater Manchester, Hertfordshire and Hampshire, have joined the so-called “Millionaires’ Club”, where average asking prices, recorded by Rightmove, have leapfrogged the £1 million mark.

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17th century castle empty for 20 years is going under the hammer

An incredible 17th century abandoned Italian castle is set to go under the hammer in mint condition – despite being left empty for 20 years.
The Castello di Sammezzano in Tuscany, Italy, was built in the early 17th century by Spanish nobles and was even visited by Emperor Charlemagne, before it was turned into a hotel-restaurant.

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