The most Googled property investment questions, answered February 18, 2023 Investing in property can be daunting for the uninitiated – we asked Gordie Dutfield, CEO of Redmayne Smith to answer the most asked property investment questions on Google With so much potential when it comes to creating a passive income and building your own investment portfolio, it is no surprise that people want to learn [...]
Buy-to-let properties in the North East far out-value the South February 17, 2023 Thinking of investing in a buy-to-let property? Then be prepared to cast your net further than London and its surrounding areas. According to data crunched by RentTech platform Goodlord, potential yields for buy-to-let properties are highest in the North East, while the South East comes in last of all areas of the UK. Taking into [...]
What now for Standard Chartered, and why is the bank still a takeover target? February 15, 2023 Standard Chartered found itself the target of takeover talks last week, after Bloomberg reported that First Abu Dhabi Bank was ready to make an offer once the cooling off period from its last offer, which had been just weeks earlier in January, had passed. The rumours were quickly quashed by First Abu Dhabi Bank (FAB), [...]
‘Mortgage chaos’ of last few months eases as available deals surpass 4,000 February 13, 2023 The number of mortgage deals available has surpassed 4,000 for the first time in six months according to a financial information website. Moneyfacts.co.uk, which counts the number of mortgage products at the start of each month, said 4,341 deals were available on 1 February compared with 3,643 products at the start of January. Many mortgage [...]
Bank of England aggressive rate hikes send chill through UK construction economy February 6, 2023 The Bank of England’s ten successive interest rate rises have sent a chill through the UK’s construction economy, a closely watched survey out today shows. Potential home buyers are shunning purchases due to mortgage rates flying higher, prompting house builders to rein in spending. S&P Global and the Chartered Institute of Procurement and Supply’s (CIPS) [...]
Britishvolt: Australian firm Recharge reaches deal to buy collapsed British battery start-up February 6, 2023 Britishvolt is one step closer to a takeover, after its administrator named Recharge Industries as its preferred bidder.
Interest rate rise and what it means for you February 3, 2023 The Bank of England has raised interest rates to four per cent, in a widely-expected move that has implications for both borrowers and savers. Adjusting personal finances to this ‘new normal’ of higher interest rates will be a challenge for most households, admitted Paul Wilson, chief Investment officer at Channel Capital. He said although a [...]
A tumble in mortgage approvals could be followed by a fall in house prices, analysts believe January 31, 2023 Mortgage approvals have plummeted to their lowest since the credit crunch after the global financial crisis in 2008, excluding the pandemic when the housing market was shut down, in a sign house prices could fall sharply soon, according to official data. The number of loans to Brits to fund a home purchase dropped more than [...]
World Rugby should be taking the lead on tackle heights, not following January 26, 2023 It is the work of just a minute or two to create a petition on the Change.org website, to be one of the ‘people taking action’ whose signatures the public-benefit corporation claims to be turning into ‘victories every day’. Takes only a few seconds to add a signature to a petition. By contrast, seven years [...]
House sales set to tumble this year on recession jitters, experts warn January 24, 2023 House sales are set to tumble due to owners waiting until the recession passes to cash in on their homes, estate agents have predicted today. Homeowners are expected to adopt a wait and see approach during the first six months of 2023 for fear they will have to sell their property at a lower-than-demanded price. [...]