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London prices rise for eighth month

The average London house price is now more than 250,000 as it rose for the eighth consecutive month, data from haart estate agents reveals. The average price of a property in London rose 1% in May to 250,137, up from 247,730 in April.

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Trevor Kent slams Yvette Cooper

Trevor Kent, the former president of the National Association of Estate Agents has slammed Yvette Cooper for her jibe that the Conservatives were becoming the “parliamentary spokesman for the NAEA”.He says: “How dare Housing Minister Yvette Cooper stoop so low as to suggest her Tory Shadow counterpart Michael Gove MP is becoming the “parliamentary spokesperson […]

CHL Mortgages unveils HMO lending criteria

CHL Mortgages has unveiled new lending criteria for Houses of Multiple Occupancy.The buy-to-let specialist has what it believes are the most HMO-friendly lending rules of any UK lender. CHLs criteria now considers any property that meets its acceptable property criteria, and bases rental cover on the rent obtained from all the individual rooms in a […]

Capital FTBs save for longer

Figures from The Co-operative Bank show first-time buyers in London must save for longer for their deposits. If would-be buyers saved 307 per month, half the average mortgage payment for first-time buyers, it will take six years and two months to save the 10% deposit of 25,183 required in London by 2012.

Bananas deal targets people in sub-prime arrears

Borrowers with sub-prime mortgage arrears are being targeted with a product from Bananas Inc. The product, which is funded by High Street Home Loans, will lend up to 85% LTV to people with arrears of any amount and offers three-year fixed rates from 7.29% and free legal services. It comes with loadings for self-cert and […]

Employees care about their health

It’s important employers remember this like an alarm going off in their head. Employees care about their health. And they’re calling on employers to provide them with health benefits. In a survey we conducted, we asked 1,005 UK SME employees to choose the top three employee benefits they would value most:  48% of employees voted […]

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