Disposable household incomes are reportedly declining at their quickest rate in six years across the UK. The Office for National Statistics was the first organization to make the alarming discovery. According to the report, the nation hasn’t seen such economic hardship since 2011. Causes For The Decline After taxes and benefits are recorded, families’ disposable incomes […]
Political unrest is the last thing the current UK housing market wants to deal with. But after last weekend’s general election ended with a hung parliament, that potential predicament facing homeowners is now a reality. Will the stagnant market be able to survive through this critical period in UK history? Over the last few decades, […]
Despite record low price growth, UK citizens remain convinced that the housing market is in a good and stable place. Recent research produced by mortgage lender Halifax, claims that Britons are confident in the market’s stability. But, to suggest the overwhelming majority of citizens are happy with the current state of affairs would be incorrect. […]
The UK house price growth is sort of on the sluggish side and isn’t doing as good as it was doing four years ago. First of all, the asking prices for properties in Britain’s housing market have taken a slow annual rate, and this annual rate is without a doubt the slowest in close to […]
For savvy home buyers in the UK, the housing market is a worthwhile investment. Many have found an excellent array of housing units across the country. Buyers will undoubtedly be impressed by the selection that waits for them. Trust that an experienced realtor will be ready to explain fundamental features of the housing style. The […]
The UK’s housing market has experienced a slowdown in recent months. According to the experts, the situation is likely to continue until the end of the year. In fact, some property owners are waiting up to ten months to sell their properties. Some of them have had to lower their asking prices by thousands of […]
“A house divided against itself cannot stand,” said Abraham Lincoln. This famous quote from the era of American Civil War can be applied to the current crisis in the UK housing market as several influences threaten twenty years of growth.
The last thing a mortgage borrower wants to hear are the terms ‘payment shock.’ But, thousands of mortgage borrowers may have to get ready for this ‘shock’ when their current offer expires. The only solution may be to check your current deal and plan according before disaster strikes.
A report was released last week that claimed the housing market will be very different in the next few years. Of course, this isn’t news to any of us, but the newest prediction is that the average home would rise from just under £285,000 in 2015 to almost £560,000 by 2030.
Ageism can rear its ugly head at any moment and take many shapes and forms as well. We all know about alleged ageism pushing some people out of work. Ageism may be one of the newer forms of discrimination, but unfortunately, it is here to stay in the workforce. But, does ageism also exist in […]