The challenges young people face in getting on the property ladder are a regular feature in the media. A less-often discussed impact of the UK’s housing market, however, is the rising age of first-time buyers (FTBs). Average age rises The biggest increase in FTBs in the last five years has been among older homebuyers, a […]
Monthly archives: April 2024
A plan to grow the global economy?
While the latest forecast released by the International Monetary Fund (IMF) does suggest global growth is likely to remain below its long-term historic average, the update did strike a relatively optimistic note with the organisation’s Chief Economist saying a global “soft landing” was in sight. Global growth upgraded In its first assessment of world economic […]
The cost of dying – relieving the pressure
Nearly half (48%) of adults aged 18 to 40 don’t have life insurance1. This puts many in a precarious position, as the unfortunate reality is that the cost of dying is high. Research has found that a premature death can cost surviving family members an average of £195,475 over the course of ten years2. These […]
News in Review
“With UK inflation finally falling below the US, its unwanted outlier status is over” New data from the Office for National Statistics (ONS) showed the Consumer Prices Index (CPI) rose by 3.2% in the 12 months to March 2024, down from 3.4% in February. The March CPI rate is the lowest in two and a […]
Residential Property Review – April 2024
Upcoming election has not discouraged potential movers A survey by Savills has found that the prospect of the UK General Election has not put off the majority of home movers. According to the report, 79% of respondents have not changed their intentions to move because of the UK election; in fact, 13% said that they […]
Commercial Property Review – April 2024
Commercial property market update Latest research from Cluttons indicates that vacancy rates hit 4.1% at the end of 2023 – up from 3.8% in September. This is partly due to e-commerce activity remaining strong and the demand for buildings to meet net zero standards. Vacancies are expected to keep increasing as supply continues to be […]
News in Review
“The economy is turning a corner” Last week, positive news came in the form of the latest UK gross domestic product (GDP) data from the Office for National Statistics (ONS) which showed the economy grew by 0.1% in February. This extends the economic recovery after growth in January was revised up to 0.3% from 0.2%. […]
Crafting your retirement strategy
Have you developed a retirement strategy yet? Whether you’re nearing retirement, or you still have many years of your working life ahead, careful planning is essential to secure financial stability and peace of mind when you stop working. Active planning is important According to a recent report1, individuals on average begin actively planning for retirement […]
Adding value to your home this spring
If you’re looking to sell this year, you might be wondering how to add extra value to your home before listing. It’s not always obvious, though, what are the best ways to do this, so it is easy to become fearful of sinking money into a project that might not increase the sale price. Fortunately, […]
In the news
UK M&A activity drops nearly a fifth in 2023 UK M&A activity in 2023 fell below 2022 levels as economic headwinds continued to affect the number of deals completed in the year, according to PwC’s latest Global M&A Trends 2024 Outlook. In total, the UK saw 3,628 deals across 2023, compared to 4,362 the previous […]