Safe Home Income Plans has cast doubt on housing minister Grant Shapps’ plans to encourage pensioners to downsize to free up housing stock. In an interview with The Telegraph last week, the housing minister suggested councils should help pensioners move into smaller properties to free up accommodation for families. Councils would also be responsible for […]
A 0.6% fall in inflation between November and December 2011 has been welcomed as a much-needed reprieve for financially squeezed households. Figures by the Office for National Statistics last week revealed the consumer price index fell from 4.8% to 4.2% in December 2011, the biggest decline since November and December 2008. The retail prices index […]
HSBC has pledged to lend at least £15bn in mortgages this year, with £3bn set aside specifically for first-time buyers.
Clydesdale Bank has become the latest lender to launch into 80% LTV buy-to-let lending.
By Rob Burnett, head of European Equities at Neptune The ECB delivered a strong package in its latest policy announcement that managed to find the right balance between supporting the economy and not endangering the banking system. The EU banking system is very sensitive to negative rates and, if the ECB were to have cut […]
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