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...
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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...
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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...
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UK interest rates held at 0.5%

The Bank of England has held the UK’s main interest rate at 0.5% despite speculation that it would cut rates. The Monetary Policy Committee voted 8-1 to leave rates unchanged, but minutes of the meeting showed most members think the Bank will take some action next month.
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Jobs boom pushes serious rent arrears down 4%

Fewer tenants are falling into serious rent arrears thanks to the improving employment market, according to letting agents Your Move and Reeds Rains. In absolute terms, just 86,200 tenants across the UK are more than two months behind in their rent. This compares to 89,300 in the previous...
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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...
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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,...
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