The Money Stop » london

Gazumping causes further increase in private rents

Reno — Mon, 27 Jun 2011 16:30:07 +0000

Gazumping is something that has been rife in the property purchase market for many years. However, there has been rising evidence that this process has also been spreading through the private rental sector over recent months, as potential tenants become more and more unscrupulous in a bid to get their hands on the rented property [...]

Gazumping causes further increase in private rents is a post from: The Money Stop

Lack of mortgages leads to increased demand for rental property in London

Reno — Mon, 08 Nov 2010 23:08:28 +0000

The financial crisis is still having severe repercussions when it comes to the mortgage and property markets, and getting a mortgage these days can be very difficult for first time buyers because of the restrictions that are still in place amongst lenders and the high deposit levels that lenders are demanding from would be buyers [...]

Lack of mortgages leads to increased demand for rental property in London is a post from: The Money Stop

Half of young Brits think renting is a waste of money

Reno — Mon, 18 Oct 2010 18:51:20 +0000

It has been revealed in a recent survey that around half of young Brits believe that renting a property is a waste of money. However, despite this opinion many are being forced to rent because they are unable to get a mortgage in the current climate to get onto the property ladder and get a [...]

Half of young Brits think renting is a waste of money is a post from: The Money Stop

Bank of England base rate needs to be increased

Reno — Thu, 14 Oct 2010 13:41:42 +0000

A member of the powerful Monetary Policy Committee has recently stated that it is essential that the base interest rate is increased in order to keep a lid on spiralling inflation, which could otherwise damage the economy. Andrew Sentance has voted to increase the rate for the past several months, but with the majority of [...]

Bank of England base rate needs to be increased is a post from: The Money Stop

Buyers striving to complete property purchase before end of stamp duty holiday

admin — Sat, 02 Jan 2010 08:09:07 +0000

Many buyers are now said to be rushing to try and complete the purchase of a property before the stamp duty holiday in the UK comes to an end. The stamp duty holiday was brought in last year in a bid to try and kick start the property sector. At the time the Chancellor, Alistair Darling, [...]

Buyers striving to complete property purchase before end of stamp duty holiday is a post from: The Money Stop

More millionaires created from house price boom than from lottery

admin — Tue, 15 Dec 2009 10:16:15 +0000

It has been revealed that a greater number of millionaires have been created in Britain as a result of the house price boom than as a result of the National Lottery. In fact, according to reports over the past decade and a half twenty times more millionaires have been spawned from the boom in property [...]

More millionaires created from house price boom than from lottery is a post from: The Money Stop

More people putting money towards funerals instead of savings

admin — Wed, 04 Nov 2009 07:27:42 +0000

According to a recent report an increasing number of consumers are now putting money towards their funeral costs rather than putting it into savings. It appears that the recession has caused a new trend to emerge, and rather than leaving their loved ones to foot the bill should the worst happen many people are already [...]

More people putting money towards funerals instead of savings is a post from: The Money Stop

Stop Overpaying Your Mortgage

admin — Mon, 05 Oct 2009 10:03:26 +0000

In the past year, homeowners have been advised to overpay their mortgage whenever possible. However, this advice has changed in light of the news that banks and buildings societies have increased the interest rates they are paying on savings accounts. Those on low mortgage rates could actually save £1200 a year by saving their money rather [...]

Stop Overpaying Your Mortgage is a post from: The Money Stop

Fall in property rents noted by RICS

admin — Tue, 04 Aug 2009 07:18:53 +0000

According to recently released reports the Royal Institute of Chartered Surveyors has noted a fall in rents in the UK in the three months leading up to April. The number of surveyors that reported a fall in rents for this period came in at the highest since records began back in 1999. During this period [...]

Fall in property rents noted by RICS is a post from: The Money Stop

Cut Down On Car Insurance by Stopping to Eat

admin — Sat, 30 May 2009 08:14:00 +0000

Did you know that eating while driving can cause you to pay higher premiums for your car insurance? Drivers who are caught munching while driving can face increases of as much as £200 when their car insurance policy comes up for renewal. This is because many insurance providers realize that eating while driving causes drivers [...]

Cut Down On Car Insurance by Stopping to Eat is a post from: The Money Stop