Calling first-time buyers to Telegraph Works, Greenwich: The historic transatlantic cable factory being turned into new homes July 9, 2015 A CGI of the building. Apartments from £300,000 A little-known factory that sits near the Greenwich Docks once played an instrumental role in US-UK relations. Now developers are hoping it’ll establish a new relationship between this neglected former industrial site and first-time buyers in London. Around £120m has been invested to build 272 [...]
July Budget 2015 summary: All the personal finance measures announced by George Osborne during his speech July 8, 2015 Today's Budget may not have included as many measures aimed at pensioners and first-time buyers as last time; today, George Osborne seemed more intent on telling firms that Britain was "open for business". Osborne's headline grabber this time around was inheritance tax and the creation of a family home allowance which will help people "pass on [...]
Car review: Mercedes-AMG puts the OMG into the GLE Coupé July 6, 2015 Shy and retiring types need not apply. The Mercedes-AMG GLE 63 S Coupé is not a car for those who put discretion and subtlety high on their list of priorities when looking for a new car. Almost everything about this SUV coupé reeks of vulgarity and excess. At first glance the SUV coupé looks [...]
Jobs, homes, sex and friends: Generation switch and the four ways 25 and 50-year-olds differ July 6, 2015 The difference between those in their 50s and under 25s isn’t just age, wisdom and experience. Those in their early twenties and teens are a generation of serial switchers, whether it’s their career, where they live, or who they’re sleeping with, compared to older generations. Here are four ways they differ. 1. Home sweet home [...]
Growth culture for SMEs July 5, 2015 Gunnercooke’s Darryl Cooke tells William Railton what SMEs can learn from rugby and cycling coaches WE DON’T keep time sheets. Instead, our clients agree a budget for our services before they sign on the dotted line, to eliminate unforeseen costs.” This is the kind of progressive thinking which drives Darryl Cooke, the founder of disruptive [...]
UK house prices: First-time home buyers priced out of market July 2, 2015 Annual house price growth has slowed to a two-year low, according to a major mortgage provider. But months of fast growth has left first-time buyers struggling to put deposits together, despite government programmes to help them. House prices were 3.3 per cent higher in June than in the same month last year, Nationwide said. It [...]
Car review: Don’t judge the Audi RS3 Sportback by its flashy logo June 29, 2015 Do you chuckle when you press your car’s accelerator to the floor? Do you have an exhaust that barks so loudly it startles passersby? Does your car cover ground so quickly that it’s just a blur to pedestrians? If you wish you could answer yes to these questions, then Audi’s new £40,000 RS3 could [...]
First-time buyers suffer from cuts to higher loan-to-value lending June 28, 2015 THE HIGH loan-to-value (LTV) end of the mortgage market is in decline, according to figures published today by insurance firm Genworth and comparison site Moneyfacts.co.uk. The value of loans with a 95 per cent LTV ratio, where 95 per cent of the value of a property is borrowed, dropped by £147m year-on-year during the first [...]
Post-recession peak for home buyer deposits June 25, 2015 PROSPECTIVE homebuyers face having to pay the highest level of deposit since 2009. The average deposit reached £72,302 last month, according to figures released today by the Mortgage Advice Bureau (MAB). It marks the highest deposit since the MAB first started publishing the data six years ago. The size of the average loan also ticked [...]
Limassol hopes for yachts of cash with its revamped marina June 25, 2015 Luxury superyachts and Cyprus are not two words you would normally associate with each other in the Mediterranean’s troubled economic climate. And yet there are remarkable signs of returning prosperity to Cyprus, most obviously at Limassol Marina on the south coast of the island, which opened last year. It’s the first superyacht marina in [...]