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.... But the house price boom brought about changes to the orthodoxy. Cares about housing affordability were no longer outweighed by worries that homeowners would rebel against anything that might reduce the value of their property. ... [Read full article on Guardian ]
Monday 22nd of May 2017 10:00:35 PM
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....In a further blow to consumer confidence, the housing market has shown signs of slowing. That will leave homeowners feeling less flush, but the prospect of prices falling to more affordable levels will be welcomed by those trying to get on to the property ladder. ... [Read full article on Guardian ]
Thursday 25th of May 2017 11:12:55 AM
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Monday 22nd of May 2017 08:42:01 PM
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.... The highest combined state and regional tax rate is around 48%. Chris Burke of Spectrum IFA, who calculated the figures for us, says homeowners also pay an annual tax on the value of their property, currently around €900 on a home valued at €300,000, so slightly less than typical council tax rates in the UK. ... [Read full article on Guardian ]
Saturday 27th of May 2017 06:00:20 AM
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Latest Finance News related to Homeowner

Tax on test: do Britons pay more than most? image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:00:20 AM
.... The highest combined state and regional tax rate is around 48%. Chris Burke of Spectrum IFA, who calculated the figures for us, says homeowners also pay an annual tax on the value of their property, currently around €900 on a home valued at €300,000, so slightly less than typical council tax rates in the UK. ...
Brexit economy: workers face squeeze but firms remain upbeat image
Source : Guardian [Read Article] Thursday 25th of May 2017 11:12:55 AM
....In a further blow to consumer confidence, the housing market has shown signs of slowing. That will leave homeowners feeling less flush, but the prospect of prices falling to more affordable levels will be welcomed by those trying to get on to the property ladder. ...
Australians aren't being paid for their productivity. Get set for an industrial relations war | Greg Jericho image
.... But the house price boom brought about changes to the orthodoxy. Cares about housing affordability were no longer outweighed by worries that homeowners would rebel against anything that might reduce the value of their property. ...
UK homeowners face future of shrinking properties as housing prices continue to rise image
...
Related to :
A new Green Deal bond that pays 12% interest – too good to be true? image
Source : Guardian [Read Article] Saturday 20th of May 2017 06:00:17 AM
....You might have imagined that would have been the end of the story, but in January a consortium of City investors bought the Green Deal Finance Company’s assets and remaining loan book. The plan is to relaunch the Green Deal and offer loans to homeowners and landlords. ...
Score the best mortgage deals, plus the facts about the pensions triple lock image
....Buy-to-let millionaire who bans ‘coloured’ people faces legal action. Leasehold now the No 1 concern for UK homeowners, study finds. ...
What's the best way to release equity for home improvements? image
Source : Guardian [Read Article] Thursday 18th of May 2017 06:00:18 AM
....Q I would like to know more about equity release. I am a homeowner with no mortgage on my house. ...
Conservative manifesto: Theresa May targets mainstream Britain' image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:26:25 PM
....Some elements of their plans sound generous and certainly some people will benefit, but large numbers won't. Why? Because we are a nation of homeowners and these plans make sure that whatever sort of care you need, the value of your home can be taken into account. ...
Leasehold now the No 1 concern for UK homeowners, study finds image
Source : Guardian [Read Article] Tuesday 16th of May 2017 05:01:05 AM
. Leasehold has become the No 1 concern for homeowners in the UK, according to a new study, after it emerged that many new homebuyers have been trapped by spiralling ground rents. ...
Debt fears grow as county court judgments soar by 35% image
Source : Guardian [Read Article] Monday 15th of May 2017 05:07:52 PM
.... He asked whether the figures “represent an assessment by those collecting debts that more aggressive enforcement through the courts is an increasingly attractive option”. “Getting a judgment can have serious knock-on effects, possibly making it more difficult for homeowners to re-mortgage, for renters to secure a tenancy, as well as adding costs and potentially significant levels of stress and anxiety for the borrower. ...
Pay off your mortgage FASTER: Save thousands of pounds with this trick image
Source : Daily Express [Read Article] Saturday 13th of May 2017 01:34:00 PM
.... Around a quarter of people don't even know what interest rate they are paying. However, homeowners on a Standard Variable Rate mortgage stand to save a typical £4,000 a year, if they were to move on to one of the most competitive fixed-rate deals, separate research by HSBC showed. ...
Number of second charge mortgages leaps to nine-year high image
Source : Guardian [Read Article] Friday 12th of May 2017 03:10:13 PM
....During March, £93m of second charge mortgages were taken out – up 22% on the previous month. The figures show that growing numbers of homeowners are deciding to cash in on the equity in their property by taking out a second mortgage to raise money for a variety of reasons, including financing a home extension, funding a deposit for a son or daughter buying their first home, or even paying a tax bill. ...
'Stagnant' buyer demand puts the brakes on UK housing market image
Source : Guardian [Read Article] Wednesday 10th of May 2017 11:01:33 PM
.... Lack of stock on the market remains a key challenge for the sector”. Separate research issued on Wednesday showed that despite the gloom, homeowners were continuing to keep the faith when it came to property prices in their area. ...
REVEALED: How many interest-only borrowers are paying off their mortgage image
Source : Daily Express [Read Article] Wednesday 10th of May 2017 11:05:00 AM
....More than one in five people who took on the plans in the first three months used the funds to clear home loans, according to data from Key Retirement. Under equity release, older homeowners are either in effect selling all or part of their home in exchange for a cash lump sum or regular income, or taking a loan out against value of their home, which is paid back through the property when the borrower dies or moves into care. ...
Don't change insurer regularly? It could be costing you more than £1,400 image
....Households that fail to move their home and car insurance regularly are overcharged by more than £1,400 a decade, according to new research. An audit of 9,000 motorists and 8,000 homeowners by research agency Consumer Intelligence found that after three years the typical driver was overpaying by £75 and the homeowner by £66. ...
UK house prices in first quarterly fall since 2012 image
Source : BBC [Read Article] Monday 8th of May 2017 08:36:14 AM
....Samuel Tombs at Pantheon Macroeconomics said the Halifax figures were further evidence that the squeeze on real wages was offsetting the boost to house prices from falling mortgage rates. "House prices likely will continue to be underpinned by a shortage of supply, due to the high moving costs faced by existing homeowners. ...
Energy bills: How YOU could save hundreds by NOT listening to this advice image
Source : Daily Express [Read Article] Thursday 4th of May 2017 01:28:00 PM
.... Most of the professionals could not agree on the importance of energy-saving aspects such as insulation and heating controls. It means that many homeowners could be sold homes based on energy-usage and features that are in fact a huge underestimation of the reality, the so-called performance gap, according to the Times. ...
Does Federal Reserve monetary policy affect your US mortgage? image
Source : Daily Express [Read Article] Thursday 4th of May 2017 01:22:00 PM
....Because the longest-dated treasuries last for 10 or 30 years before maturing and returning the original investment back to the bondholder, they offer similar terms to what are called mortgage-backed securities. Mortgages are packaged together and sold as a single product to investors, who buy them in order to profit from the interest premiums paid by the homeowner. ...
Billions wasted on home and car insurance as people fail to shop around, says new research image
....”. Less than a third of homeowners have switched their household insurer in the last four years, but new rules introduced last month by City watchdog the Financial Conduct Authority (FCA) make it easier to see how much you lose by staying put. ...
The home insurance mistake costing YOU £123 every year image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 12:05:00 AM
....Insurers typically hike the cost of cover for loyal customers at the point of renewal, meaning most people are better off by shopping around for new deals. Yet, almost one in three homeowners has failed to change providers more than in once in the last four years, found Policy Expert. ...
Bank of Mum and Dad helps QUARTER of home buyers on to propery ladder image
Source : Daily Express [Read Article] Tuesday 2nd of May 2017 01:08:00 PM
....5BILLION will be lent by parents in 2017, going towards deposits for more than 298,000 mortgages, according to a report by Legal & General. Under-35s are the biggest recipients, as more than half of new homeowners in this group expected to helped on to the property ladder by older relatives. ...
'Bank of mum and dad' to lend £6.5bn this year, report predicts image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 05:01:18 AM
.... Only 20% were prepared to provide more assistance for children living in pricier areas. But in London, 40% of homeowners had received financial help from their parents to buy their property. ...
British consumers' confidence slumps as inflation grows image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:03 AM
.... Six of its eight measures fell in April. There was a small increase in homeowners’ expectations for property prices over the coming year and people were more upbeat about the level of business activity in their workplace over the past month. ...
Taylor Wimpey to pay up to £130m to settle ground rent scandal image
Source : Guardian [Read Article] Thursday 27th of April 2017 11:35:12 AM
. Taylor Wimpey is to pay out up to £130m to buyers of some of its new-build leasehold properties, which were rendered near-worthless after homeowners found themselves trapped in spiralling ground rent contracts. ...
Reform property laws to reduce inequality | Letters image
Source : Guardian [Read Article] Wednesday 26th of April 2017 05:59:37 PM
....Dr Sebastian KraemerLondon. • Ian Jack gives us an excellent account of the unfair wealth windfall being accrued by older homeowners and passed on to their children and grandchildren. ...
Family matters image
Source : BBC [Read Article] Sunday 23rd of April 2017 12:51:12 AM
....For today's renters, it seems likely that raising a deposit is a greater barrier to home ownership than actually paying a mortgage. Lower interest rates mean housing costs for young homeowners have fallen and they are quite likely to be paying much less than renters relative to their incomes. ...
Record low rate signals mortgage battle image
Source : BBC [Read Article] Friday 21st of April 2017 09:48:53 AM
....89%. Experts point to the relatively large fee, a big deposit, and potential changes to the rate - saying the deal would not suit many homeowners. ...
Older people due to pass on property ‘wealth mountain’ worth £400bn image
....The firm surveyed more than 5,600 people from the older, middle and younger generation of adults to find out about their plans and expectations for receiving an inheritance. It found that among the grandparents, all of whom were homeowners, the typical estate expected to be left averaged between £400,000 and £500,000. ...
Average UK house price falls £1,000 since start of year image
Source : Guardian [Read Article] Saturday 15th of April 2017 07:01:18 AM
....“The softening in values and continued low mortgage rates are positive news for first-time buyers trying to get on to the property ladder,” said Zoopla’s Lawrence Hall. “These prospective homeowners will be pleased to see a decrease in overall property values as seemingly unstoppable growth has pushed many areas out of reach in the past year. ...
UK house price growth 'picking up' image
Source : BBC [Read Article] Tuesday 11th of April 2017 09:33:40 AM
....That number was driven by an increase in the number of first-time buyers. However, the number of existing homeowners needing a new mortgage to move house has fallen. ...
Trump tax cut plan will be as big a flop as failed healthcare reforms | Nouriel Roubini image
.... Implementing revenue-neutral tax cuts for almost all income brackets means that Republicans would have to phase out many exemptions and broaden the tax base in ways that are politically untenable. For example, if Republicans eliminated the mortgage-interest deduction for homeowners, the US housing market would crash. ...
Having enough money is key to happy retirement image
Source : Daily Express [Read Article] Sunday 9th of April 2017 12:01:00 AM
.... . Like hundreds of thousands of homeowners, the endowment plan they had taken out to clear their mortgage capital underperformed, leaving them with a shortfall. ...
Property’s equity can help your loved ones image
Source : Daily Express [Read Article] Sunday 9th of April 2017 12:01:00 AM
.... . If you are a homeowner, an equity release plan allows you to unlock the capital in your property and turn it into cash that you can spend today. ...
Four million leaseholders in England 'at risk from rip-off fees' image
. Four million homeowners in England do not own the freehold to their properties, new government estimates have revealed. ...
People with dementia to receive devices to block nuisance calls image
Source : Guardian [Read Article] Thursday 6th of April 2017 08:57:28 AM
....The £500,000 project will install trueCall devices in the homes of elderly and vulnerable people identified by doctors. The machines block all recorded messages, silent calls and calls from numbers not pre-identified by the homeowner, which the government says will offer particular protection for people with dementia. ...
New inheritance tax rules: How to avoid death duty with new allowance  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 03:19:00 PM
. From April 6, the inheritance tax allowance will become more generous for higher value homeowners, helping people to pass on more of their wealth to loved ones. ...
Leasehold 'nightmare' will cost homebuyers billions, report warns image
Source : Guardian [Read Article] Wednesday 5th of April 2017 06:01:13 AM
....In its recent white paper on housing, the communities secretary, Sajid Javid, promised an end to “leasehold abuse” by which homebuyers are locked into leases with spiralling ground rents. But Labour’s housing spokesman, John Healey, said: “This report shines new light on the difficulties faced by some homeowners who own their home on a leasehold basis. ...
As demand rises, the reputation  of new-build homes is crumbling image
Source : Guardian [Read Article] Sunday 2nd of April 2017 05:59:46 AM
.... After that, purchasers have to claim on the warranty provider’s insurance which only covers serious structural issues. As a last resort, new homeowners can appeal to the Consumer Code for Home Builders adjudication scheme introduced by the industry in 2010 as part of a voluntary bid to shake up standards. ...
The Guardian view on house prices: the government lacks the political will to fix the broken market | Editorial image
.... This is an area where ministers fear their own success. What government truly wants to preside over years of flatlining house prices at the expense of relatively affluent homeowners in the south-east? Almost 10 years after the financial crisis, economic growth remains too fuelled by the consumer debt enabled by rising house prices, and too little by long-term investment. ...
'Bank of mum and dad' making housing market more unfair, study finds image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....”. The report, which used data from the University of Cambridge and Anglia Ruskin University, examined a series of surveys, including the English Housing Survey – which interviewed around 13,300 households in 2013-14 – and the Labour Force Survey, which looked at homeowners by age between 1995 and 2015. ...
The death of the mortgage salesman is unfortunately premature image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:03 AM
.... What has emerged in recent months is the number of lenders who have introduced “retention fees”. Until now, commissions have largely only been paid to brokers arranging new mortgages for first-time buyers and landlords, or for existing homeowners and landlords remortgaging to a new lender. ...
Mortgage approvals by banks falls to lowest for three months image
Source : BBC [Read Article] Friday 24th of March 2017 02:04:09 PM
. The number of homeowners taking out mortgages in February fell to the lowest figure since November, according to UK banks. ...
Millions of older people may miss new inheritance tax break image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 09:51:00 PM
. From April 6, the new family home allowance will allow homeowners to pass on an additional £100,000 in property value free of inheritance tax (IHT), rising steadily to £175,000 by 2020. ...
MP warns of housing strain caused by holiday lets image
Source : BBC [Read Article] Tuesday 21st of March 2017 05:22:50 PM
....,". Outlining her ten minute rule bill, Ms Buck said: "While I welcome the freedom for homeowners to let their properties for such purposes without excessive bureaucratic interference, it is difficult and expensive for cash-strapped councils to police the rules. ...
Five-minute guide to…The resurgence of first-time buyers image
Source : Daily Express [Read Article] Sunday 19th of March 2017 12:01:00 AM
....Corporate services director John Bagshaw says this is the highest proportion in nearly six years, with young buyers helped by competitive mortgage deals: “The housing shortage still makes life tough, but for those with enough savings for a deposit, now is a great time to buy. However, aspiring homeowners find it a real challenge saving enough for a deposit. ...
Trump faces formidable institutional obstacles – so what can he do? | Barry Eichengreen image
.... But one person’s loophole is another’s entitlement. Even if there are economic arguments for eliminating, say, the deductibility of mortgage interest payments, imagine the howls of protest from homeowners, including many Trump voters, who borrowed to purchase their houses. ...
AirBnB raises $1bn of investment funding image
Source : BBC [Read Article] Thursday 9th of March 2017 09:50:42 PM
....It has grown rapidly since its launch in 2008, and currently operates in 65,000 cities worldwide. The firm, which does not publish its sales figures, makes its money by enabling homeowners to rent out their homes. ...
Budget 2017: Philip Hammond urged to change inheritance tax rules image
Source : Daily Express [Read Article] Tuesday 7th of March 2017 02:28:00 PM
....Passing on wealth before death can help people avoid the stinging 40 per cent rate of inheritance tax on assets outside the £325,000 threshold. From April inheritance the allowance will become more generous to high value homeowners. ...
Bank of England deputy's slip-up was astonishing – but its reaction was predictable | Nils Pratley image
.... The rate of growth in prices fell in February to the lowest for three and a half years, according to the Halifax’s index. This development may not delight homeowners looking to sell in a hurry but, for anybody with a wider or longer perspective, a slowdown is exactly what the UK needs. ...
When the roof over your head doubles as your garden image
Source : Guardian [Read Article] Saturday 4th of March 2017 07:00:08 AM
....With space at a premium in many cities, could tackling the nation’s housing crisis mean ditching the back garden in favour of a roof terrace?. Lots of would-be homeowners fantasise about a family house with plenty of space for the kids to run around, kick a ball or jump on a trampoline. ...
More than half of new-build homes in England 'have major faults' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 07:01:10 AM
....More than half of the buyers of new homes have experienced major problems with their properties, according to research, which comes after Bovis Homes agreed to pay £7m compensation to customers for poorly built houses. A YouGov survey for the housing charity Shelter found that 51% of homeowners of recent new builds in England said they had experienced major problems including issues with construction, unfinished fittings and faults with utilities. ...
‘Housing should be seen as a human right. Not a commodity’ | Patrick Butler image
.... You see immediately a loss of vibrancy. ” There have been some positive examples where politicians have sought to curtail the power of global credit markets: Andalucía and Catalonia in Spain introduced laws to temporarily expropriate vacant housing, while several countries have imposed taxes on foreign homeowners to discourage speculation in luxury property, with the revenues used to subsidise affordable homes. ...
‘Buy for Uni’ mortgage turns students into landlords image
Source : Guardian [Read Article] Monday 27th of February 2017 09:28:35 AM
.... Raising enough for a deposit on a first property becomes a a distant thought as they tackle paying off their loans. Unless, that is, they are homeowners already. ...
Oxford once again tops list of UK's least affordable places to live image
Source : Guardian [Read Article] Saturday 25th of February 2017 08:01:06 AM
....Home affordability in Britain is at its worst level since 2008, with Oxford, London and Winchester the UK’s most unaffordable places to buy. Affordability ratings, which compare the costs of buying a home in an area with the average regional pay, say that the cost of homeownership in five cities is now more than 10 times the average local income, thanks to a rapid growth in house prices, combined with slower wage growth. ...
What’s the point of building a million new homes if they’re not fit to live in? | John Harris image
....But in privately owned developments and new social housing, and the mixed-tenure places that combine the two, problems abound. Last month I spent two weeks reporting on the case of the Orchard Village estate on the Essex/east London border, and properties split between homeowners and tenants whose problems – with leaks and damp, and allegedly faulty fire protection and dangerous levels of methane – are mind-boggling. ...
Deportation orders threaten Trump's own turf: the real estate market image
Source : Guardian [Read Article] Thursday 23rd of February 2017 12:00:02 PM
....2% of the growth in all households, 35. 7% of growth in homeowners and 26. ...
Move over granny: the ‘graddy annexe’ is on the rise image
Source : Guardian [Read Article] Tuesday 21st of February 2017 03:18:11 PM
....According to reports, the number of homes with an annexe for family members has jumped by a third in the past two years – thanks to council tax breaks for those building to house relatives. Before April 2014, homeowners had to pay full council tax on annexes attached to a main household if they had fitted kitchens or bathrooms. ...
Bovis to pay £7m to compensate customers for poorly built homes image
Source : Guardian [Read Article] Monday 20th of February 2017 09:05:32 AM
.... There need to be alot more consumer protection. “[The Bovis homes] were signed off for the needs of the shareholder, not for the needs of the homeowner. ...
One in four UK families have less than £95 in savings, report finds image
Source : Guardian [Read Article] Monday 20th of February 2017 07:01:30 AM
....Brencher said: “Although mortgage rates are at record lows, qualifying for these deals and getting a deposit can be difficult for those with limited household income or unusual circumstances. Britain’s broken housing market means becoming a homeowner is a distant dream for many families and government plans must swiftly be turned into action to stem the tide of inequality. ...
Tackle your debts while interest rates are at lowest image
Source : Daily Express [Read Article] Sunday 19th of February 2017 11:59:00 AM
.... . David Hollingworth, broker at L&C Mortgages, says older homeowners with interest-only mortgages need to review their debt: “If you have a capital repayment mortgage, check it is set up to clear the mortgage on your retirement date, or preferably earlier. ...
One in four UK retirees burdened by unpaid mortgage or other debts image
Source : Guardian [Read Article] Friday 17th of February 2017 06:49:49 AM
....The FCA has warned that almost half of all people with interest-only home loans (about 1. 3m homeowners) might not have enough money to pay off their home loans when they mature, fuelling fears that some might need to keep making monthly mortgage payments into their old age. ...
New home owners gagged over poor build and compensation claims image
Source : Guardian [Read Article] Thursday 16th of February 2017 07:00:34 AM
....New home owners are being forced to sign gagging orders after making successful claims for compensation about the quality of their new homes. The Guardian has been made aware of NHBC, the regulator of new homes, issuing gagging orders or so-called non-disclosure agreement that not only restrict the homeowner from contacting the media about the problems with their property but also talking to neighbours in the development. ...
Steven Mnuchin, former Goldman Sachs exec, confirmed as treasury secretary image
Source : Guardian [Read Article] Tuesday 14th of February 2017 12:50:03 AM
.... He renamed it OneWest and turned it around, selling it for a handsome profit in 2014. OneWest foreclosed on more than 36,000 homeowners in the state and 24,000 additional households around the country, according to housing advocacy groups. ...
No place like home: America’s eviction epidemic image
Source : Guardian [Read Article] Sunday 12th of February 2017 10:00:03 AM
.... Her payments kept going up, jumping from $920 to $1,250 a month, and her hours at Potawatomi casino were cut back after her maternity leave. Hispanic and African American neighbourhoods had been targeted by the sub-prime lending industry: renters were lured into buying bad mortgages, and homeowners were encouraged to refinance under riskier terms. ...
Government willing to admit UK housing market is
Source : Daily Express [Read Article] Sunday 12th of February 2017 12:01:00 AM
....The housing crisis is one of the biggest facing Britain, and many will be hoping that lower immigration post-Brexit will offer some relief. If not, the next generation will continue to be priced off the housing ladder, putting an end to the homeownership dream. ...
Pensioner homeowners are missing out on hundreds of pounds of extra income image
Source : Daily Express [Read Article] Tuesday 7th of February 2017 07:10:00 PM
....They are missing out on an average of £576 a year, rising to more than £2,000 in some cases, according to the state benefits survey by specialist financial services group Just. Group communications director Stephen Lowe said that far too many pensioner homeowners are struggling for income while missing out on benefits: “Take-up rates are far too low and it is costing pensioners dear. ...
Councils to be told to build thousands more new homes image
Source : Guardian [Read Article] Tuesday 7th of February 2017 12:01:22 AM
.... A source in the department added that identifying housing requirements was particularly complex, lacked transparency but councils would be consulted on a new approach. The shadow housing minister, John Healey, told Today that after seven years of Conservative government and “hundreds” of announcements, the number of homeowners had fallen by 200,000, while more and more young people were sleeping rough. ...
New homes warranty firm pays millions to leading homebuilders image
Source : Guardian [Read Article] Sunday 5th of February 2017 05:26:47 PM
....6 million UK consumers. “Last year we paid £90m in respect of claims in addition to providing assistance to homeowners through our resolution service, which mediates between homeowners and their builder and last year found in favour of homeowners in 70% of cases. ...
The Crusader: Water meter would have saved Bournemouth couple thousands of pounds image
....And now they reckon they are owed a rebate but whose fault is it that they missed out?. That’s the nub of a long-running dispute between Bournemouth Water and homeowners Malcolm and Janet Weale. ...
How artificial intelligence could help make the insurance industry trustworthy image
.... Lemonade set out to create algorithms that make it easy and quick to sign up and approve claims – in minutes rather than days. By automating the service as much as possible, the company, which sells renters and homeowners insurance, hopes to keep costs low. ...
How buying a Bovis home came with hundreds of snags image
Source : Guardian [Read Article] Saturday 28th of January 2017 07:00:48 AM
....Marc Holden, a 33-year-old army veteran turned IT consultant, claims his £490,000 house in Milton Keynes had major defects, including the gas supply installation. He is helping organise a protest outside the company’s annual meeting in May and is expecting at least 100 disgruntled homeowners to turn up. ...
Is equity release a good way to pay off your home loan? image
Source : Guardian [Read Article] Saturday 28th of January 2017 07:00:48 AM
.... Some lenders have maximum age caps – often it’s 70 or 75. As Hollingworth explains, a homeowner in this situation might be prepared to make such a switch, but if they are then bumping up against their lender’s maximum age limit, this may shorten the mortgage term to such a degree that it means the monthly payments would be unaffordable. ...
Batteries included: Yorkshire village seeks to solve riddle of too much sun image
Source : Guardian [Read Article] Saturday 21st of January 2017 08:00:30 AM
....The bungalows of Oxspring may look an unlikely testing ground for a new technology billed as a way to help renewable power, stymie energy price rises and aid the local power grid. But later this month, dozens of homes in this South Yorkshire village will have a home battery installed as part of a £250,000 trial to see if they can make solar power more valuable to homeowners and less painful for grid managers. ...
Libor scandal: the bankers who fixed the world’s most important number | Liam Vaughan and Gavin Finch image
.... It began: “One of the most important barometers of the world’s financial health could be sending false signals. In a development that has implications for borrowers everywhere, from Russian oil producers to homeowners in Detroit, bankers and traders are expressing concerns that the London interbank offered rate, known as Libor, is becoming unreliable. ...
House prices in the South East FALL amid Southern Rail chaos image
Source : Daily Express [Read Article] Tuesday 17th of January 2017 04:51:00 PM
...."In this instance, strike action, poor service, cancelled trains and long delays have had the reverse effect to property prices on the Southern Rail network. "Southern Rail staff must forgive UK homeowners for remaining unsympathetic to their cause when their selfish actions are inadvertently depreciating the most expensive asset they are ever likely to own. ...

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