Key workers such as nurses and firefighters can’t afford to live in over two-thirds of the towns in the UK, according to Halifax. This is up from 65% of towns last year and 36% in 2002. The average house price in 99% of towns is unaffordable for a typical nurse, while 97% are unaffordable for firefighters.
UK housing transactions have to rise in order to ensure sustained growth in the UK housing market.Speaking at Mortgage Strategy’s Mortgage Summit in Dubai, Grenville Turner, group managing director at estate agency Countrywide, says that housing transactions have to rise in order for the market to get going.While the value of transactions has risen over […]
The Spanish government has reduced the levels of Capital Gains and withholding Tax on property sales by non-residents to bring it in line with rates charged to residents. For many years, non-resident property sellers have been subject to a punitive 35% tax on their gain when they sell property in Spain, compared to the 15% […]
David Cameron has called on the Queen for Home Information Pack regulations to be scrapped.The plea was made in an early day motion, signed by the leader of the Conservative Party, his shadow secretary of state Caroline Spelman and shadow housing minister Michael Gove, and Tory MPs Patrick McLoughlin and Gregory Barker. The EDM states: […]
Abbey has launched a stepped fixed rate starting at 2.99% and a two-year tracker with a £499 application fee. It has also updated its existing range, including its five-year fixed rate stepped mortgage across all channels and its two-year tracker through direct channels.
by Debra Corey, group reward director You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]
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