UK House Prices Drop 1.8% in 2023
UK house prices were unchanged on a monthly basis in December, but down annually, according to figures from Nationwide.The Nationwide...
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Happy 35th birthday to fixed rate mortgages! Here’s how property and home loans have changed since 1988
Halifax Building Society launched first fixed rate mortgage in November 1988There are now 8.8m residential mortgages outstanding - most of...
The areas where first-time buyers outnumber owners moving home
Richard Donnell, executive director of research at Zoopla, says that even though the share of homes bought by first-time buyers...
How working from home killed off open-plan living
She says: “I enjoy a separate living room and especially a playroom to hide away those toys so they’re not...
Sukuk programme aims to boost UK property development
UK property development has been given an ethical boost with the launch of Autarky Sukuk, a programme of asset-backed securities that comply with Sharia principles.Autarky Capital Sukuk Plc, a type of asset-based security structured along Sharia finance values, aims to provide a choice for high-net-worth and sophisticated investors looking for an ethical way to generate returns. According to the founders, the proceeds from investments in the Sukuk will enable Autarky to supply funding to provide capital for the purchase, refurbishment or development of residential or commercial properties in the UK. Autarky intends to partner with external organisations and, through...
CBRE expands investment banking capabilities
Professional services firm CBRE has announced that the investment banking team from Sera Global, a global independent real assets advisor,...
Many Mortgages Are Still Below 4%. The Rate Is Handcuffing Homeowners.
Mortgage rates are at their highest level in 23 years. Many U.S. homeowners who have locked-in their costs, however, have...
My cousin is about to retire at 55. Meanwhile, my last financial adviser told me to pay off my mortgage, which was ‘not good advice.’ How can I get on track?
Question: My cousin recently advised me that he had been working with a financial planner for years and is going...
British landlords face a ‘cliff-edge’ of higher rates, warns IMF
Fears are growing that buy-to-let investors could drop out of the sector as they remortgage next year.Over 1.5 million borrowers...
‘We spent £125,000 doing up our pebbled-dashed semi – was it worth the money?’
Claire says: “Caroline’s palette comprises contrasting colours with zingy accents cleverly spread out over large spaces with tall ceilings and...
