Homeowners in the UK may have noticed that their home insurance premiums have significantly increased. In Q3 2024, the average buildings and contents insurance policy cost £407*– up 16% on the previous year. Regional differences Some regions have been harder hit than...
In today’s uncertain economic climate, financial resilience is more crucial than ever. In a recent report*, an impressive 69% of UK workers said they feel very financially resilient – up 4% since last year. Despite this, only 52% hold a protection policy, which...
Recent reductions to Bank Rate may have prompted some cautious optimism among consumers, a report* suggests. In December 2024, rent and mortgage spending increased annually by 1.8% – a significant improvement on the previous month, when spending grew by 8.2% annually....
UK cities saw big increases in property market activity in 2024, according to GetAgent. It reported 45% of all homes listed for sale across Britain in 2024 either had an offer accepted or were sold subject to contract. Sunderland led the way, with the number of homes...
The Office for National Statistics (ONS) reported UK house prices increased by an average of £10,000 in the year to October 2024. The report showed the value of a typical home to be an estimated £292,000, an annual increase of 3.4% compared to £282,000 recorded in...