A recent study1 suggests that some Brits are superstitious, as homes numbered 13 are valued lower than the average property. Over 10 million houses have been analysed, each with a door number between 1–100. It seems many homeowners would like to be number one, as the first house on the street is worth the most […]
Author archives: charlie
News in Review
“A plan to grow the economy, a plan for better public services, a plan to make work pay” Chancellor Jeremy Hunt delivered his Spring Budget last week, during which he provided an economic update from the Office for Budget Responsibility (OBR). The latest projections showed the rate of inflation is expected to fall below the […]
Financial pitfalls primarily impacting women
Research1 has shone a spotlight on the financial challenges that prevent women from accumulating the same wealth as their male counterparts. The report found that having children continues to have a disproportionately large impact on women’s finances, as do other life events such as the menopause. The findings Amongst the report’s findings were the following […]
The scammers targeting YOU
According to a study from NatWest1, seven in 10 people have been targeted by scams over the last 12 months. Vulnerabilities brought on by cost-of-living challenges have likely contributed to the high numbers. Sadly, 13% of people have fallen prey to such scams, which are growing in both number and sophistication – targeting young and […]
Home sweet home
What makes you feel at home? A recent survey1 has highlighted that, for many Brits, it is about more than just bricks and mortar. When asked what was most important, family photos came top of the list, followed by fresh bed sheets and a full fridge. Books, blankets, and a TV were also popular. Comes […]
Spring Budget 2024
On 6 March, Chancellor of the Exchequer Jeremy Hunt delivered his Spring Budget to the House of Commons declaring it was “a Budget for long-term growth.” The fiscal update included a number of new policy measures, such as a widely-anticipated reduction in National Insurance, abolition of the non-dom tax status and new savings products designed […]
News in Review
“The housing market has proved very resilient to higher mortgage rates and cost of living pressures” House price data released last week from Zoopla highlighted that the number of homes on the market has increased by 21% year-on-year, as pent-up demand provides a boost. Buyer demand has also picked up, with an 11% increase on […]
Economic Review – February 2024
Survey suggests recession already over Official statistics released last month showed the UK economy fell into recession during the second half of last year, although more recent survey data does suggest the recession could already be over. The latest gross domestic product (GDP) figures published by the Office for National Statistics (ONS) showed the economy […]
News in Review
“If you look at recessions going back to the 1970s, this is the weakest by a long way” Last week, Bank of England (BoE) Governor, Andrew Bailey, indicated that the UK recession may already be over, citing “distinct signs of an upturn.” Comparing current conditions to historical downturns, Mr Bailey commented, “If you look at […]
Residential Property Review – February 2024
Positive start to the year for the housing market Increased demand from buyers and sellers is helping to get the housing market back on track this year. According to the Royal Institution of Chartered Surveyors (RICS), the data on new buyer enquiries is consistent with a gradual recovery which shows a 7% uptick in January, […]