Other Finance News

Housing Market Performs Beyond Expectations in March, Halifax Data Suggests

The run-up to the easter home buying season has apparently put an early “spring in the step” of many movers and first-time buyers, according to the latest figures released by Halifax. Part of the biggest High Street mortgage provider in the UK, the Lloyds Banking Group, Halifax spoke of a […]

Co-Founder of Anorak Confirms Planned Collaborations with Mortgage Brokers

One of the web’s leading protection providers has confirmed its plan to establish partnerships with mortgage brokers, in order to make it quicker and easier for borrowers to safeguard themselves from future financial issues. In a recent interview with FTAdviser, Anorak’s co-founder and chief executive officer, David Vanek, explained his […]

Furlough-Friendly Mortgage Applications Continue to Rise

Brokers across the UK reported increased demand from mortgage applicants seeking flexible and accessible mortgages, having had their employment status and income affected by mandatory business closures. Furlough-friendly mortgage activity increased almost 70% in January, followed by a further 8% increase in February, Legal & General reports. The news has […]

How Coronavirus Has Radically Changed the Priorities of Homebuyers

COVID-19 (and three consecutive national lockdowns) have had a major impact on the lives of each and every person in the United Kingdom. In particular, real estate market activity has illustrated how thousands of movers and first-time buyers have completely changed their priorities, with regard to preferred property types and […]

What £250,000 Will Stretch to in Several Areas of England

Average property prices in the UK exceeded £250,000 some time ago but what exactly can you get for this kind of money in different corners of the country? Unsurprisingly, the size and specification of property you can expect for your £250,000 differs greatly from one region to the next. With […]

A Central Knightsbridge Flat for Just £150,000?

We recently published a post examining what the £250,000 average UK house price could be used to purchase in different parts of the country. With average property prices now exceeding £645,000, key London locations are largely out of reach for most movers and investors. But there will always be the […]

Yorkshire and the North-West Tipped for Massive House Price Growth

Increasingly, investors are setting their sights on residential properties away from the usual safe haven of London and the surrounding region. Driven by the prospect of radical house price increases within the next five years, more investors than ever before are picking up properties in select areas of Yorkshire and […]

Financial Sector Contributes Record-High £76bn in Tax in 2020

The overwhelming majority of sectors experienced catastrophic losses last year, due to the COVID-19 crisis and the effects of lockdown. The UK’s financial sector was by no means immune to the harms of Coronavirus, which was also predicted to face a monumental downturn in the wake of a turbulent Brexit. […]

Sunak Discusses Plan to Create ‘Generation Buy’, Bucking Prior Trends

For years, the UK has been blighted with the prospect of an entire generation being priced completely out of the property market. An issue in almost all areas of the country, prospective first-time buyers have found it increasingly difficult to qualify for mortgages with excessive initial deposit requirements. This demographic […]

London’s Financial Service Sector Remains in Post-Brexit Limbo

In the weeks since Brexit became a reality, the whole UK economy has been something of a mixed bag. On one hand, predictions of immediate and outright Armageddon for the country’s entire business community turned out to be exaggerated. On the other, there are those who still see a doomsday […]

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