Housing & mortgage round up: House prices unchanged, NewBuy off to a slow start

Housing & mortgage round upA packed week of housing news, with the Land Registry publishing their house price data for August. In other news the Bank of England has published figures to show that mortgage availability has hit a five year high, whilst the full economic effect of the lack of first time buyer mortgages is revealed in new research. Finally, the NewBuy Scheme’s slow start is confirmed. House prices unchanged in August Land Registry figures show that house prices were unchanged in August compared ...

Talking ’bout my generation? Financial tips for twentysomethings

The financial crisis, followed by the subsequent recessions, has made it harder than ever to hit our financial goals. In a new series of articles we will look at each generation, giving tips on how to cope with the lasting effects of the credit crunch and the recession. This month we focus on twentysomethings, how have things changed since 2008, what issues does this generation face, and what do you need to know now to organise your finances effectively? 1.    Getting a mortgage...

The rise of the ‘hotel of mum and dad’

Many parents are aware of the 'bank of mum and dad' concept, especially as the tough economic times have bit young people especially hard, however the 'hotel of mum and dad' also seems to be rising in popularity. New figures from the Office of National Statistics (ONS) show that almost three million people aged between 20 and 34 are still living at home with their parents. Are you a first time buyer looking for help?...