Budget 2016: Here are the reactions to Osborne’s announcements on sugar tax, corporation tax, Insurance Premium Tax, Isas, education and growth prospects March 16, 2016 George Osborne has just announced some Budget surprises – a sugar tax, longer school days – as well as an increase in sin taxes on tobacco, alterations to ISAs and savings, and corporation taxes. Here's what analysts are already saying about the chancellor's latest agenda on… Personal allowance David Kilshaw, private clients services partner, EY [...]
Unleash small developers to reap public sector land sale potential November 24, 2015 Today is a golden opportunity for the government to kick-start a house-building revolution in this country. We are in the midst of a generational housing crisis that necessitates ambition, innovation and creativity if it is to be resolved. Figures from across the political spectrum have got the right ideas on housing and the drive to [...]
UK’s rising population will support the housing market, says Moody’s November 2, 2015 The UK and Ireland’s expanding population combined with both countries’ housing supply shortage and “robust” economic growth will support demand and property prices, Moody’s Investors Service has said this morning. Moody's research comes amid warnings from UBS economists last week that London's property market is on the verge of bubble that could pop soon after [...]
Autumn Statement 2015: George Osborne’s Help-to-Buy and other housing budget announcements are little more than empty rhetoric November 25, 2015 George Osborne’s big news today was the announcement that the government “chooses to build” and will double the housing budget to £2bn, reforming the housing system and pumping £7bn into building 400,000 more affordable homes. Described as "the biggest affordable housebuilding programme since the 1970s", it's great news for those in desperate need of affordable housing. However [...]
Holiday Homes: We fly out to Tenerife and find a volcanic paradise that’s a far cry from high rise tower blocks September 23, 2016 Tenerife was once synonymous with cheap package holidays and unsightly high rise tower blocks. Lately, however, the volcanic paradise isn’t just a place where baby boomers go to burn – it’s also where they go to buy. According to Spanish Property Insight, the Spanish property market has grown 23 per cent since 2015 – the [...]
London rent price rise 2015 defies traditional Autumn slow down November 17, 2015 London rents continued to climb in October, up 0.8 per cent, hitting an average of £2,063 despite the seasonal slowdown usually associated with Autumn months. The data suggests that London’s housing shortage, falling unemployment rate, and growing pay is the cause, according to the analytics company MIAC in its monthly Landbay Rental Index. So far [...]
These are eight surprise winners and losers from the EU referendum July 23, 2016 Today is the one-month anniversary of the EU referendum. After years of debating whether or not a referendum on EU membership would be held, on 23 June the UK's voting populace trudged to polling stations and decided 52 per cent to 48 per cent to leave the organisation. Here are eight of the (perhaps surprising) winners and [...]
Want to buy a Brighton home? Wait 100 years October 20, 2015 FIRST-time buyers in Brighton are worse off than their London counterparts, according to online estate agents HouseSimple. A resident in the seaside town would need to save for more than 104 years to amass a deposit for a property in the area, based on average salaries and property prices, The average cost of a Brighton [...]
Growing personal debt is a ticking time bomb and trouble will come when rates and inflation start to creep up December 3, 2015 It’s no surprise that we’re borrowing like there’s no tomorrow; prices are low, credit is cheap and coupled with wage growth you could say there’s a feeling of positivity in the air. Make the most of this sweet spot now; we’re watching a ticking time bomb and trouble is likely to be on the horizon. [...]
House prices were up in June despite Brexit worries July 14, 2016 UK house prices grew by 0.6 per cent in the three months to June, despite concerns around the EU referendum – but London house prices fell 1.4 per cent between May and last month. Prices across Britain were up by six per cent in June 2016 compared with June 2015, according to the Reeds Rains monthly house price index, [...]