FASTER REBOUND; SLOWER RECOVERY As recent economic statistics confirm the UK officially entered recession, Bank of England (BoE) forecasts suggest the slump will be less severe than previously thought, but the ensuing recovery is likely to take longer. Data released by the Office for National Statistics (ONS) showed the economy shrank by 20.4% between April and June compared with the Read More
Residential Property Review – August 2020
Our monthly residential market review is intended to provide background to recent developments in property markets, as well as to give an indication of how some key issues could impact in the future. House price recovery continues July saw house prices enter positive territory for the first time since March, with a net balance of 12% of respondents to Royal Read More
Economic Review of July 2020
UK Economy Recovering Although recent data has confirmed that the UK economy is recovering from its coronavirus lockdown slump, the longer-term outlook (unsurprisingly) remains decidedly unclear. Official data released by the Office for National Statistics (ONS) showed that the UK economy grew by 1.8% in May, following April’s record 20.3% contraction. While this modest rebound was lower than all forecasts Read More
Residential Property Review – July 2020
Our monthly residential market review is intended to provide background to recent developments in property markets, as well as to give an indication of how some key issues could impact in the future. UK housing market shows initial signs of recovery The number of prospective home buyers bounced back ‘noticeably‘ in June, as did enquiries, agreed sales and instructions, according Read More
Economic review – June 2020
‘New Deal’ to boost economy The Prime Minister has set out government plans to deliver a post-lockdown economic recovery, with a promise to accelerate £5bn worth of spending pledges on a range of infrastructure projects across the country. During a speech delivered at the Dudley College of Technology on 30 June, Mr Johnson promised to “build, build, build“, in order Read More
Residential Property Review – June 2020
Buyer enquiries stabilise – but house price falls remain likely May saw a considerable upswing in buyer enquiries from a record low net balance of -94% in April to -5% in May, according to the latest Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS). Newly agreed sales increased from -93% to -35%, while new instructions also saw Read More
Money & Wealth Magazine – Autumn 2018
Inside this issue: Learning to be a financially-savvy family. Protection – awareness is growing. Keeping your finger on the pulse of the global economy. Don’t bury your head in the sand. Research shows women are better savers than men. How to plan for your retirement when you reach 50. Pension scams losses jump 71%. Majority of Britons are ‘trend spenders’. Read More
Your Home Finance
FOUR-FIFTHS OF PROPERTIES ARE NOW SOLD BELOW ASKING PRICE1 If you’re thinking of selling your property this autumn, then it’s vital to get your house in tip-top condition and make sure you offer it for sale at the right price. With more properties now coming to the market, buyers have more choice. This means that homeowners need to put in Read More
