Your Legal Rights

Parents 'should teach kids about money early'

Fri, 30 Mar 2012 10:42:50 +0000

Posted by Chris Stevenson

Rental sector will continue growing, expert says

Thu, 29 Mar 2012 11:21:27 +0000

Posted by Francesca Witney

Expert: Britons willing to spend more on holidays

Wed, 28 Mar 2012 12:17:44 +0000

Posted by Francesca Witney

Innovative schemes 'can help first-time buyers'

Wed, 28 Mar 2012 12:14:53 +0000

Posted by Chris Stevenson

Debts 'must be faced immediately'

Tue, 27 Mar 2012 11:28:13 +0000

Posted by Francesca Witney

Lack of new property 'affecting rental market'

Mon, 26 Mar 2012 15:45:53 +0000

Posted by Emily Swanson

Prospective tenants who are opting to rent during the current economic climate may be finding it difficult to find a suitable property due to a lack of supply at present.

According to Lee Grandin, director at Landlord Mortgages, this issue is likely to continue until builders have enough financial backing to commence developments once again.

His comments were echoed backed up by research carried out by BM Solutions, which highlighted a substantial rise in the number of individuals looking to rent a home during 2011.

As a result, the average monthly asking price increased to £716 last year, compared with £682 during 2010.

Mr Grandin went on to acknowledge a difference between the number of leased properties available for people living in the north of England in recent months.

"If you purchased in the south then maybe you would expect a little bit more capital appreciation while the yields may be slightly less," he added.

26/03/2012 15:45

Large deposits 'are main obstacle for first-time buyers'

Fri, 23 Mar 2012 16:23:47 +0000

By Emily Swanson

Continually high deposits required when purchasing a home are the biggest obstacles facing first-time buyers who are currently looking to step onto the property ladder, it has been suggested.

Matt Griffith, spokesman for the national campaign for affordable house prices PricedOut, highlighted the ongoing issue as one of the factors that is slowing down the country's housing industry.

The expert went on to say prospective homeowners are facing a "twin hangover" of the high costs that were mainstays of the property boom, coupled with the risks presented by the current economic climate.

He explained: "The first-time buyers that buy in 2012 are either un-typically high earners or have significant help from the bank of mum and dad - this is not the sign of a healthy market."

Earlier this week, research carried out by unbiased.co.uk revealed first-time buyers hoping to finalise a 75 per cent loan-to-value mortgage on an average dwelling would now face a deposit gap of approximately £15,500.

23/03/2012 16:23

Expert: New parents must plan ahead financially

Wed, 21 Mar 2012 11:06:15 +0000

Posted by Chris Stevenson

First-time buyer schemes 'should be welcomed'

Wed, 21 Mar 2012 11:05:06 +0000

Posted by Emily Swanson

Small businesses 'must be helped by budget'

Tue, 20 Mar 2012 10:39:25 +0000

Posted by Emily Swanson