Sell and Rent Back

Sell and Rent Back – House Prices Slumped in 2011

Thu, 02 Feb 2012 00:00:00 GMT

The Land Registry confirmed that house prices in England and Wales fell 1.3% last year to an average of £160,000, with little chance of change in 2012.

Sell and Rent Back – Unemployment On Downward Spiral

Thu, 26 Jan 2012 00:00:00 GMT

Official figures show that the UK unemployment rate has reached just shy of 2.7 million.

Sell and Rent Back – After Christmas Economic Hangover

Wed, 25 Jan 2012 00:00:00 GMT

Retailers have been forced to slash their prices in a bid to attract worried consumers who are staying away following an expensive Christmas.

Sell and Rent Back: Britain’s inflation rate drops to 4.8% last month

Mon, 19 Dec 2011 00:00:00 GMT

Consumer Prices Index (CPI) inflation in the UK dropped to 4.8% last month, down from 5% in October, according to the Office for National Statistics (ONS). Retail Prices Index (RPI) inflation also fell to 5.2% from 5.4%. It is possible this was caused by a reduction in the rise of food and soft drink costs.

Sell and Rent Back: Pension deficits soar to sky high level of £222bn

Mon, 19 Dec 2011 00:00:00 GMT

The total deficit of final-salary private sector pension schemes soared to a record high of £222bn last month. The Pension Protection Fund (PPF), which compiled the figures, claimed the deficit rose by £64bn from the end of September. It said that although the value of scheme assets had risen, this had been outweighed by the increasing cost of paying for pensions.

Sell and Rent Back: The Christmas season will put a third of Britain into debt, says YouGov

Mon, 19 Dec 2011 00:00:00 GMT

A YouGov survey has said that around one out of three in the UK will be in debt due to the cost of Christmas. The survey states that 11% of people in the UK spend more money than they have, with 31% getting into debt to pay for Christmas costs. The survey also suggests that this figure includes the use of overdrafts. Intelligent Environments commissioned the survey.

Sell and Rent Back: TV programme will discuss the large amount of empty homes in the UK

Wed, 14 Dec 2011 00:00:00 GMT

Even though two million people are on housing waiting lists, a staggering one million houses are lying empty. This issue is discussed on Channel 4’s new ‘Great British Property Scandal’ series, which starts tonight.

Sell and Rent Back: Public refuses to believe that property prices have decreased

Mon, 12 Dec 2011 00:00:00 GMT

Members of the public have voiced their opinions as to why property asking prices have been slow at declining. The majority actually do not believe house prices are going down. However, more than one in five does expect house prices to soar.

Sell and Rent Back: Traditional applicants are no longer seen by estate agents

Mon, 12 Dec 2011 00:00:00 GMT

Nine out of ten potential buyers are now only booking viewings online to see properties they are already interested in, instead of registering with agents beforehand. The unusual claims are based on statistics collected by Expert Agent from its 1,200 member branches.

Sell and Rent Back: Debt Management Company Loses £600,000 of Client’s Money

Fri, 09 Dec 2011 00:00:00 GMT

A BBC investigation has shown that over £600,000 of client’s money being protected by a debt management company had disappeared. Debt Dr, based in Devon held money for over 80 clients, helping them to pay off debts. The company stopped trading in April this year and is now under investigation.

Sell to Rent Back: Public Sector Job Losses Set to Rise

Fri, 09 Dec 2011 00:00:00 GMT

A forecasting group has said that the losses of public sector jobs are too conservative and will not meet government spending cuts. The Ernst and Young ITEM Club wants the Office for Budget Responsibility to increase public sector job loss estimates over the next five years by 100,000.

Sell and Rent Back: BCC Cuts Forecast for UK Economy

Mon, 05 Dec 2011 00:00:00 GMT

The British Chambers of Commerce (BCC) has said economic growth will be “very weak” in the next 2-3 quarters. Though the business lobby group had expected growth to be as high as 2.1% for next year, it is now estimated at only 0.8% in the UK. The Eurozone has been named as one of the main causes to the economic downfall.

Sell to Rent Back: House Prices Plummet in England and Wales

Mon, 05 Dec 2011 00:00:00 GMT

House prices in October were 3.2% lower than last year in England and Wales says the Land Registry. Out of 16 million house purchases, the report showed house prices fell £2,020 in one month. London’s house prices also dropped in October; however London is still the only region where prices have risen in 2011.

Sell and Rent Back- Childcare Costs too Pricey for Working Parents

Mon, 28 Nov 2011 00:00:00 GMT

Childcare costs are so high that one parent giving up work may prove to be cost effective, a family finances survey has stated. Already 32,000 women have quit their jobs since last year as the costs that come with working are just too high. As costs are rising, savings are falling.

Sell and Rent Back- Rising Poverty Set to Increase

Mon, 28 Nov 2011 00:00:00 GMT

UK’s poverty is set to increase further, the Institute for Fiscal Studies (IFS) has stated. It showed that over 2 million children and 2 million adult’s in2009/2010 were living in terrible poverty. Figures are set to rise by 600,000 children and 800,000 adults in 2012/2013.

Sell and Rent Back- Britain’s Employment Rates Fall

Wed, 23 Nov 2011 00:00:00 GMT

A staggering 1.02 million 16-24 year olds are now out of work and the overall unemployment rate in UK has reached 8.3%. Female unemployment in the UK is at its highest in 23 years and people claiming Jobseeker’s Allowance has soared to 1.6 million last month.

Sell and Rent Back- Country’s Borrowing Falls Dramatically

Tue, 22 Nov 2011 00:00:00 GMT

Public sector net borrowing in the UK has fallen by billions during October. The massive drop was much lower than anyone realised and the rise in tax revenue overtook spending. This year borrowing dropped to £6.5bn, a large decrease as in 2010 borrowing rates were £7.7bn.

Sell and Rent Back – Record High Unemployment

Wed, 16 Nov 2011 00:00:00 GMT

Unemployment levels for 16 to 24- year-olds are now record high after rising to over 1 million this October.

Sell and Rent Back – House Rental Market Imbalance

Sat, 22 Oct 2011 00:00:00 GMT

Due to would-be property buyers struggle to find mortgage finance in the current economic climate, the gap between demand and supply in the housing marking will continue to widen, resulting in further gain in rents.

Sell and Rent Back – Private Rents on the Rise

Wed, 19 Oct 2011 00:00:00 GMT

Tenants with home buying ambitions have been under more and more pressure due to increasing private rents, recent reports show.