Business & Finance

Get insights on markets, investing, personal finance tips, and the latest economic developments.

Single first-time buyers need over a decade to raise a deposit – and Londoners could take 17 years

A single first-time buyer who started saving up for a deposit earlier this year will not be able to buy a home until 2028 in [...]

Renters will pay an average MILLION pounds more than homeowners over the course of a lifetime

Renting for an entire lifetime will cost you over a million pounds more than purchasing your own home - and high rents are keeping many [...]

Mental health and physical illness causing financial spiral for thousands, warns debt charity

One in five people struggling with debts are already under strain from mental health problems, serious illness or a significant life event - such as [...]

Asking prices hit record high driven by lack of houses for sale in North

The average asking price for properties hit a record high for the third straight month, according to the latest Rightmove report.The Rightmove House Price Index [...]

The key to unlocking cash from your home revealed 

Dwindling pension pots mean the number of retirees tapping their properties for income is expected to rise by nearly 50 per cent over the next [...]

How to avoid the pitfalls of buying a home abroad

Buying a property overseas is a life-long dream for many people looking for sun, relaxation – and perhaps a place to retire.Some will plan on basing [...]

Guide to leasehold property: How to check the lease, get it changed and challenge your freeholder

In a damning report on new-build homes, consumer body Which? has revealed that home-seekers have been routinely misled by property developers and conveyancing lawyers into [...]

Homeowners duped by lawyers into paying ‘extortionate’ ground rents on leaseholds

Property developers have been flogging leasehold properties with extortionate fees and spiralling ground rents attached to home-seekers with the connivance of conveyancing solicitors.In the latest [...]

Number of homes coming up for sale slowly on the rise as house price growth remains sluggish

Estate agents across Britain have started to see the number of homes coming up for sale gradually increase for the first time in over two [...]

House prices hit a new record high, says ONS, but flats and London suffer

House prices have hit a fresh record high in the UK but property inflation has slowed to its lowest level since March 2017, according to [...]

Has your home been your top investment? Equity release guide

Have you paid off your mortgage and retired in a home you own outright? If you have, it makes you a pretty successful investor.Research by [...]

House price inflation could wipe out stamp duty break for first-time buyers

Experts are warning that house price inflation could wipe out the benefits of the stamp duty break for many first-time buyers within the next 10 [...]

Best credit cards for cashback, airmiles and points from work expenses

Company credit cards are rarer than hen's teeth these days, so it's not uncommon to find yourself having to shell out for work expenses and [...]

Where the Bank of Mum and Dad pays out the most

Parents helping their children onto the housing ladder are forking out an average of £18,000 - but the amount varies considerably by area.The Bank of [...]

House prices jump £3k says Halifax despite ‘subdued’ property market

House prices jumped £3,000 last month despite a ‘subdued’ property market, according to the latest Halifax figures.Low mortgage rates and strong employment are continuing to [...]

Fastest places to sell a £1m home: Property millionaires in Cambridge sell in the shortest time

Cambridge is home to the fastest moving property market in the country when it comes to properties on sale for £1million or more, new findings [...]

Property tax myth buster: Eight taxes you need to be aware of when buying a property

Paul Falvey, a tax partner at accountancy and business advisory firm BDO LLP, says most people who are looking to purchase a property are aware [...]

Atom bank launches first-time buyer range – but are 95 per cent mortgages the best option?

Digital-only lender Atom Bank has launched a range of first-time buyer mortgages for those with just a five per cent deposit to put towards buying [...]

Brix claims its cashback helps you build up a home deposit as you spend

Help to Buy Isa You can save up to £200 a month into your Help to Buy Isa. To kickstart your account, in your first month, [...]

Perks of a park: Will more national parks across Britain be good news for homeowners? 

Although not all of Michael Gove’s decisions are greeted with acclaim, his announcement last weekend that he plans to create a new wave of national [...]

Property market continues to lose steam as average UK house price falls 0.2% in May, says Nationwide

UK house prices fell by 0.2 per cent in May and annual growth slowed down further as the housing market continues to lose steam.The modest [...]

Bristol is the city which has seen biggest house price growth in the last five years

Property prices in Bristol have risen the most of all major British cities in the last five years, new data from Hometrack shows.Values in the [...]

After years of penalising older borrowers, now banks launch mortgages you can take to the GRAVE

Older borrowers are for the first time being offered mortgages that they can take to the grave.In a move to help retired people stay in [...]

I’ve had an offer on my dream home accepted but I’m having trouble selling my flat – what can I do?

I have been in the process of selling my flat for the past six months and have had a couple of false starts. Not only has this [...]

Some energy customers face bill hikes of £401 as 100 fixed-rate tariffs end 

Are you bills about to rise? Some energy customers face bill hikes of £401 as 100 fixed-rate tariffs endSome energy customers will see their annual bills [...]

How to stop buyers pulling out of a house sale

Moving house is one of the most stressful and expensive things you can do in life, so when the whole process collapses and costs you [...]

London property market suffers worst annual slowdown since September 2009

The property market caught a chill amid March's cold weather with the average house price falling by 0.2 per cent compared to February, official data [...]

Zoopla survey shows homeowner confidence in house prices has grown

The vast majority of homeowners in Britain believe property values in their area will increase in the next six months, a survey from Zoopla suggests.Confidence [...]

Government explores alternatives to expensive tenancy deposits

The Government is exploring alternatives to tenancy deposits as it looks to make renting more affordable for tenants.A Ministry of Housing, Communities & Local Government [...]

Optimistic sellers push property asking prices to record £308,000

Optimistic sellers have pushed the average price tag on homes coming to market to a fresh record high of £308,075.The average price of newly-listed properties [...]

How to plan a royal wedding without Harry and Meghan’s budget

You've just got engaged, the champagne's been opened and once the initial celebrations are over it's time to start thinking about the wedding.First things first, [...]

Follow our cash saving checklist to ensure a worry-free trip to holiday heaven

British travellers will make tens of millions of trips abroad in the coming months – in the process receiving poor currency deals, being caught out [...]

Whatever your credit score, follow our reassuring guide through the mortgage minefield

With mortgage rates still at an all-time low, securing an affordable home loan should be easy. But many borrowers still face obstacles – from the [...]

A million homeowners have repaid their interest-only mortgage since 2012

The number of homeowners on interest-only mortgages has halved in the past six years but lenders admit thousands of borrowers continue to ignore the fact [...]

Seven free or subsidised energy efficiency measures and how to get hold of them

The Renewable Heat Incentive scheme, set up in 2011 to fit green boilers has failed homes and businesses, a group of MPs said this week.Subsidies [...]

Homeowners suffer ‘procrastination penalty’ when fixed rate mortgages end

A third of mortgage holders whose deals expired last year ended up paying a ‘procrastination penalty’ of hundreds of pounds which could have been avoided [...]