Archive | December, 2007
House Price Inflation Less Than 5% For The Year
Property price falls in December will take house price growth below the 5% mark for the year. Figures from the UK’s largest building society, Nationwide, show that prices were down 0.5% from November, giving back-to-back monthly falls. Perhaps a truer indication of house price movement is the figure over three months, and that is a growth [...]
Continue reading...Mortgages in the UK are at their worst in 15 years
31. December 2007
According to the Council of Mortgage and Lenders, the UK’s mortgage affordability has become the worst that it has been in 15 years. This was announced as figures from October showed that interest rates have consumed the highest levels of income. The market has been watched constantly over the last year. Figures have shown that first [...]
Continue reading...Knowing when to say no to your Christmas present cover
27. December 2007
As you purchase your Christmas presents this year, it is extremely likely that you will be offered insurance on your purchases. As you are buying the goods for somebody else, often you can feel obliged to purchase the insurance for them too just in case something does go wrong. However, be warned – many insurance [...]
Continue reading...Government Figures Confirm House Price Slowdown
20. December 2007
The latest house price data shows the merest increase in prices. The report by the Department for Communities showed that an average home in the UK rose in price by just £220 in October, to £220,195. This represents an increase of just 0.1%. Although these figures are slightly out of date compared with others from Nationwide [...]
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31. December 2007
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