A survey of English housing trends shows that while private renterspay on average twice as much rent as social renters, they earn more than twice as much. London has the highest average private rents – around 189 per week – while the North-East has the lowest rent levels at 72 per week. The private rented sector is characterised by much higher turnover thanthe social sector, with about 40% of private renters living in their accommodation for less than a year. Current private renters have spent on average 1.6 years in their home compared with 7.5 years for social renters.
- Top trends
Figures released by the Office of the Deputy Prime Minister show that house prices rose 2.2% in October from the previous year, compared to 3.3% inSeptember. The pace of house price inflation has as a result hit a nine-year low on the government’s official house price measure.House price inflation has been hovering in the range […]
Skipton will bid goodbye to Alan Scotter and Ron McCormick as they take early retirement to focus on different business opportunities.Clocking up 45 years with the society and its group between them in a number of roles, their most recent positions have been as group commercial directors. Through their work with the society and its […]
From Jeff Knight I would like to reply to Mark Cocking’s letter about our promotional tins of mints (Mortgage Strategy December 5). First, it is clear Cocking uses our online system as he has a lot of spare time on his hands. But I also think his letter was posted to the wrong magazine and […]
From Arthur Hamilton Like many other brokers, we were promised great things with the launch of Future’s product range. The products looked excellent, but would its notoriously shaky administration be up to the task? Some months on, the reality of this lender’s incompetence is clear. What is the point of having a great range of […]
Watch Felix Wintle, head of US equities at Neptune, discuss why he believes US equities are in a structural bull market and the key factors that can drive the S&P 500 higher.
In the video, Wintle addresses the following:
• The US market and why — despite equities rising from 2009 — he believes the structural bull market only started in 2013
• Key economic and corporate factors that can drive the S&P 500 higher
• Investment themes and sectors offering exposure to the domestic recovery
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