Chesterton Lettings has reported continuing growth in London rental values throughout 2006. It estimates that in the last three months of the year overall rents increased by 3.6%, house rents went up by 3.8% and flat rents rose by 3.1%.
Although business is booming, lenders should not ignore the dangers of overstretching borrowers because conditions can change rapidly as we have seen in the US, says Frank Eve
The National Association of Estate Agents has asked the Department of Communities and Local Government to listen to its Home Information Pack and environmental concerns, rather than dismiss it as a dissenter.Peter Bolton King, chief executive of the NAEA, says: “We regret that the DCLG is insinuating that the NAEA and other sectors of the […]
Financial guru Martin Lewis slammed equity release as the next big mis-selling scandal after endowment policies and payment protection insurance, on ITV’s Tonight with Trevor McDonald last night.The programme investigated the legacy of home income plans and shared appreciation mortgages, which were sold in the 80s and 90s.The programme drew upon several case studies who […]
Digging the dirt in the mortgage world …
Following George Osborne’s delivery of his sixth Budget as chancellor and the last of this current parliament, we have provided a brief overview of the initiatives put forward in his statement, focusing on the topics that have an impact upon the pensions landscape, savings, personal taxation and businesses.
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