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Buying vs renting – which is Buying vs r

Buying vs renting – which is Buying vs renting – which is cheaper?

The gap is closing but who is better off by £366 a year – tenants or homebuyers? The gap between the cost of buying a home and renting one is down 59%, to its lowest level in nine years, according to Halifax. Buyers are now saving an average £366 a year compared to renters, down […]

Government unveils strict landlord rules...

Government unveils strict landlord rules for electrical safety

Landlords offering private rental accommodation will have to comply with new rules for electrical inspections, or face ‘tough financial penalties’ under government plans. Mandatory electrical checks must in future be carried out by competent and qualified inspectors, housing minister Heather Wheeler said. The rules are designed to give tenants better protection and keep people safe […]

Number of registered homebuyers falls to...

Number of registered homebuyers falls to six-year low

Brexit uncertainty is impacting the housing market, with supply, demand and sales all suffering Demand from prospective buyers its lowest level for the month of November since 2012, according to NAEA Propertymark. The trade association for estate agents said that the number of house hunters registered per estate agent branch fell last month, from 294 […]

Borrowers on SVRs could save £4,500 in m

Borrowers on SVRs could save £4,500 in mortgage interest a year

How switching mortgage could save you £4,500 a year More than two million mortgage borrowers sitting on standard variable rates (SVR) could save a typical £4,500 a year by moving on to a better fixed rate, analysis has shown. Mortgaged homeowners on SVR deals usually pay interest rates of 4% and higher costing around £7,500 […]

Budget 2018: Hammond adds £500m to housi

Budget 2018: Hammond adds £500m to housing infrastructure fund

Chancellor Philip Hamond has detailed the numbers his government has promised to spend in the pursuit of building more houses. “I can announce today a further £500m for the housing infrastructure fund to unlock a further 650,000 homes,” Hammond said as he delivered the 2018 Budget. Hammond also mentioned “the next wave of strategic partnerships […]