House prices are falling in most parts of the country. With prices around £15,000 lower than last summer. After a prolonged boom, the house price inflation rate is turning negative with some of the fastest falls since the last crash. Adjusted for inflation, the real house price fall is 11% lower than last summer. FALLING …
Like many, my fixed rate mortgage deal expires very soon and so I am left with firstly the shock of how much the mortgage will increase and secondly the difficult question of whether to get a fixed rate mortgage or a variable tracker mortgage. Fixed or Variable Mortgage – What Should I Get?Watch this video …
Sterling's Recovery in 2023Watch this video on YouTube After being one of the worst performing currencies of 2022, the Pound has staged an impressive recovery against the US Dollar, rising 15% from the depths of last September’s crisis. After years of decline, markets are now more optimistic the Pound will continue to strengthen. But why …
Greed Inflation is a term used to describe a higher inflation rate due to firms increasing their profit margins. In a period of high inflation, it becomes easier for firms to slip in rising profit margins too. Greed inflation is more likely in markets where firms have a degree of monopoly power and they can …
In both 2007 and 1991, house prices fell 20%, will see something similar this year? The really interesting question is whether house prices return to the post-war levels of affordability like after the crashes of 1990 and to a lesser extent 2008. Will The House Price Crash Be Like 1991 and 2008?Watch this video on …
Countries across the world are ageing. We are living longer but birth rates are falling faster than expected. The UK will soon see more elderly people than young adults. It is the same in the US with older adults more numerous than children by 2035. The population of Europe is forecast to fall by 175 …
The UK housing market is something of a national obsession. But, it faces numerous problems High prices (especially affecting younger people) High cost of renting – Shortage of properties Decline in birth rates due to high living costs Concealed households – people having to live with parents Inequality Volatility of prices Homelessness Since the early …
The UK tax burden has increased to the highest level since 1948. In the past three decades, the burden has risen from 28% to 37% of GDP and will continue to rise with the typical household expected to pay an extra £650 a year from April. However, whilst in 1948, the government were setting up …