March arrived last week and ahead of the planned 15th March Spring Budget statement by the Chancellor, let’s take a look at what 10 things we’d like to see from Jeremy Hunt’s Budget.
First-time buyers have just a few weeks left to take advantage of a government scheme that helps you buy your own house. With the difficulties facing first-time buyers these days, from increased house prices to soaring interest rates, new homeowners often need all the financial help that they can get.
Typical property now costs NINE times wages, says study looking all the way back to 1845. House prices are the most expensive they've been for almost 150 years relative to average earnings, a new study has revealed.
A new analysis suggests that the number of first time buyers has plummeted by over 10% in the past year.
The Mayor of London Sadiq Khan has today joined council leaders, trade unions and other organisations in calling on Secretary of State for Levelling Up, Housing and Communities Michael Gove to implement a freeze on private rents and a ban on evictions.
Figures indicate "a possible slowing of the housing market"
With savers receiving poor returns from banks and building societies, thousands of people unsurprisingly continue to turn to residential property as a means of supplementing their income, supported by high demand from tenants and stable yields, as buy-to-let remains the investment of choice.
The 10.1% figure is marginally down from the 10.5% previously recorded and means inflation has fallen further back from a 41-year high of 11.1% recorded in October.
- Zoopla Unveils Inheritance Calculator
- Landlords Spending £1,000's on EPC Improvements
- Rental Supply Crisis Worsens
- Is buy-to-let still worth it?
- What now for the housing market?
- Private Renting Sector Vital to Economy
- Government Urged to Address Chronic Undersupply of Housing
- Mortgage Rates Fall in Fierce Price War