Homebuying: Failing to commission a survey makes homes a time bomb

InspectorThe Royal Institution of Chartered Surveyors (RICS), are warning that homebuyers who try to save money by not having a survey of their new home, could be storing up problems for a later date. RICS have warned that if a survey is not completed, families who may already be financially stretched could risk huge repair bills putting right problems with their new home, which a survey would have highlighted before the purchase was completed. The survey of 1,000 buyers, which was ...

Mortgage & housing round up: A week of good news for first time buyers, whilst house prices rise

Mortgage & housing round up: A week of good news for first time buyers, whilst house prices riseOur housing and mortgage round up this week includes two stories which will give encouragement to any would-be first time buyers hoping to get onto the housing ladder in 2013, despite the average deposit needed still being way out of reach for many. We also look at why some of us are turning into permanent renters, ...

Talking ’bout my generation? Financial tips for thirtysomethings

In the latest part of our regular series, we offer our top tips to each generation for dealing with the financial crisis, this month we look at the problems facing thirtysomethings. Your 30’s traditionally the decade of your life when you raise a family, move on from your starter home, and start thinking about pensions, life insurance and other ‘sensible’ financial planning. Has the credit crunch and subsequent financial crisis changed that? Probably not, if you were already on the housing ladder when the full effects of the financial crisis struck. But definitely if you are still looking to buy your first ...

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...