More than two in five landlords are not aware of the proposed Renters’ Reform Bill, a new survey1 claims, despite the impact it will have on their portfolios. The proposed legislation, which is set to be voted on before May 2023, includes many significant elements. If...
Following annual house price growth of 2.8% in December, Nationwide’s latest House Price Index reveals a continued slowdown, with growth of 1.1% in January 2023 compared to January 2022. Prices are now 3.2% lower than their August peak. Commenting on the figures,...
In a recent survey,1 41% of respondents agreed with the statement, ‘I cannot afford to live in the area I want or need to live in.’ Are buyers being priced out? Here or there? The results of the survey showed just how many renters and homeowners are unhappy with their...
Some 715,000 mortgage holders on tracker rates have seen payments rise by an average of £588 a year following the latest Bank Rate rise1. A further 895,000 on standard variable rates (SVR) will see yearly increases of £370. Monthly rise The Bank of England (BoE)’s...
One in five workers would rely on their partner’s income or savings if they were unable to work, according to a recent report1 that paints a worrying picture of the nation’s financial resilience. More than one in 10, meanwhile, would resort to taking on debt to cope,...
