Red tape axed for property owners who want to convert their homes
1 Mins read
Reading Time: < 1 minuteJeremy Hunt yesterday announced plans to scrap planning permission for property owners wanting to convert their homes into two flats. Read More
OBR warns house prices could fall almost 5% next year taking the average price of a home to £266,000 and won't recover to their 2022 peak until 2027
1 Mins read
Reading Time: < 1 minuteAverage house prices will fall by almost £25,000 next year and they are unlikely to recover to their 2022 high until 2027,…
Nationwide sends mortgage rates below 4.5% for first time since June Story
1 Mins read
Reading Time: < 1 minuteBorrowers can now secure a fixed rate mortgage with an interest rate below 4.5 per cent, after Nationwide announced its ninth round…
USA: Home sales slumped to slowest pace in more than 13 years in October as prices, borrowing costs, soar
1 Mins read
Reading Time: < 1 minute Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 13 years as surging mortgage…
J.P.Morgan expects BoE to deliver its first rate cut in Q4 2024
1 Mins read
Reading Time: < 1 minuteJ.P.Morgan said it now expects the Bank of England (BoE) to deliver 50 basis points of interest rate cuts in the fourth…
Jeremy Hunt hammers smokers: Price of hand-rolling tobacco will increase by almost £3 per 30g pack TONIGHT ettes will rise by 85p as Chancellor hikes duties
1 Mins read
Reading Time: < 1 minuteThe price of rolling tobacco is set to soar tonight as Jeremy Hunt hammered smokers with huge tax rises in his Autumn Statement. Read More
Minimum wage to rise to £11.44 in April next year
1 Mins read
Reading Time: < 1 minuteThe national living wage will rise to £11.44 in April next year, the Treasury has announced. Read More
‘Far too early’ to propose UK interest rate cuts, says Bank of England governor
1 Mins read
Reading Time: < 1 minuteUK interest rates will need to stay high for some time despite the sharp fall in the annual inflation rate, the governor…
Spanish supermarkets lock up olive oil as shoplifting surges
1 Mins read
Reading Time: < 1 minuteIn Spain, the world’s biggest olive oil producer, supermarkets are locking up bottles of the staple cooking oil as prices surge and…
Bedsit Britain: 160,000 people in England crammed into unlicensed housing
1 Mins read
Reading Time: < 1 minuteNearly 160,000 people are living in hidden, often overcrowded and sometimes dangerous bedsit-style accommodation across England, analysis has found. Read More