In the 2015 Summer Budget and Autumn Statement, the Chancellor introduced several changes that will affect anyone buying or owning a buy-to-let property in the UK. It is important that landlords understand these changes because they may affect the profitability of many buy-to-let portfolios, however small or large they are. From 1 April 2016, higher […]
Posts by
THE WEEK IN NUMBERS – 4th November 2...
0.5% – Gross Domestic Product growth slowed by 0.2% in the third quarter compared to queue to when it was 0.7%, according to estimates from the Office of National Statistics. 21.6% – Total number of approvals rose 21.6% year on year to 121983 in September, says the Bank of England. £2.3 billion – The size […]
THE WEEK IN NUMBERS – 7th Octob...
4.2% – House prices rose 4.2% year on year to an average of £184,682 in August, according to HM Land Registry. 71% – Brokers now have access to 71% of the total products on offer, according to new research from Mortgage Advice Bureau. £87,000 – The average cost of raising a child aged 11, according […]
THE WEEK IN NUMBERS – 26th August 201...
£3.6bn – The amount paid out by insurers to protection policyholders in 2014. 39% – Business information provider Timetric says gross lending will grow by nearly 40% to £286bn by the end of 2019. 21% – More than one fifth of borrowers searching for a mortgage on comparison websites over the past year were looking […]
THE WEEK IN NUMBERS – 5th Augu...
£20m – Payday lender Cash Genie has agreed to write of loans and refund payments worth more than £20m to 92,000 customers for unfair charges and taking payments without authorisation. 6 – The number of lenders that have signed up to offer the Government’s Help to Buy ISAs, which will launch in December. […]
THE WEEK IN NUMBERS – 29th JULY
186 – The number of times Barclays was visited by the regulator during 2014. £321,000 – The average price of a UK home in 2020 as forecast by the Centre for economic and business research. £3.2 million – Outgoing FCA chief executive Martin Wheatley described £3.2 million right off for software licenses and not used […]