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Downsizing windfall rises to over £100,000 in 2014

The latest Downsizers Report from Lloyds Bank shows how trading down from a detached house to a bungalow or a semi-detached house could raise a significant amount of cash. Those moving to a bungalow can free up £103,715 on average, with those moving to a semi-detached house standing...
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Energy companies hit rock bottom for customer service

New Which? research has found the Big Six energy suppliers are among the worst offenders when it comes to poor customer service, with Npower finishing bottom for the first time in an annual survey of the top 100 big brands. Which! asked 3,621 UK consumers which companies are...
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More than 20% of Zoopla members take up shares

Zoopla Property Group Plc (ZPG) will today float on the London Stock Exchange and the company has announced that over 20% of its agent and developer members have taken up their rights to purchase shares at a discount to the offer price in the company’s Initial Public Offering...
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Zoopla release prospectus and confirm member offer

Following Zoopla Property Group’s (ZPG) recent announcement of its intention to float on the London Stock Exchange, it has released its prospectus and has confirmed that the exclusive Member Offer is now open, allowing its agent and developer members to subscribe for shares in the Initial Public Offering (IPO)...
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Lifetime cost of UK household is more than £1.8m

The average UK household will cost a total of £1,802,000 (or £29,000 a year) to run over the course of a lifetime, according to new analysis by Prudential of the ONS Family Spending Report. The figures show that household costs fluctuate over time, with annual costs peaking at...
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Poor pension provision drives investors to buy to let

A stable income and a boost to insufficient pension provision are the two top priorities of buy to let investors wishing to make a new investment over the next twelve months, reveals Assetz in its annual Buy to Let Investor Survey.

Confidence in the UK buy to let market is robust, with three quarters of investors stating that they intend to buy additional investment properties over the coming year, as low bank saving rates and poor returns on the stock market limit income.

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Average disposable household income fell in 2010/11

Average disposable household income fell by around £200 in real terms between 2009/10 and 2010/11 according to a new article from the Office for National Statistics.

The largest fall was for the middle fifth of households, with disposable incomes decreasing by 4.3 per cent, from £25,500 to £24,400. This was largely driven by a decrease in income from wages and salaries for this group.

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