Survey showed that social networking sites users are easy-targets for burglars as they constantly expose their personal details and information in public.
With currently 8.5 million people registered on Facebook and 2.4 million on Twitter Social Networking Sites are fast becoming a dominating factor in many individual’s lives. Read more…
House prices in the United Kingdom have recorded a 1.6% monthly increase in August, which is recorded as the fastest rise since December 2006
Nationwide Building Society have reported an increase for the fourth consecutive month in house prices with the average price now standing at £160,224 for August compared to £158,871 recorded in July 2009 – which is the fastest growth recorded in 2.5 years. The report showed a 1.6% increase in August following on from a 1.4% rise in the previous month which has significantly reduced the annual rate to -2.7%, the smallest rate since -6.2% recorded in April 2008 (see below graph). Read more…
As more and more people are becoming landlords – from property investors looking for an alternative to a pension to accidental landlords and seasoned professional landlords – landlords insurance is becoming ever more popular. The market for landlords insurance is also becoming more competitive and more and more providers of landlords insurance are springing up. Read more…
A-level results are out today and 60% of University places have been confirmed. Students are starting to look for accommodation near their university campus, therefore both landlords and students should start looking to get buy-to-let insurance for their own protection and to provide them with a peace of mind.
Almost 60% of the University places have been confirmed after the announcement of A-level results today. Students are more certain about their future and would start to plan and prepare themselves for the change in their lives. The first thing for students to consider is the issue of accommodation – students can either choose to live in halls or home-share. Under the recession, it is expected that home-share would be more of a popular option comparatively.
Consumer Magazine, Which?, revealed a study that households could save hundreds pounds when choosing and purchasing the Home Information Pack (HIP) from an independent HIP provider rather than from an Estate Agent.
Home Information Pack (HIP) is needed before homeowners market their properties. According to a study by Which? – a consumers’ magazine, homeowners can save hundreds pounds when they choose to get their HIP from an independent HIP provider – rather than from the Estate Agent.
When the property is installed with a good security system, the value of it will increase alongside with the decrease in the insurance rate.
Housing industry is increasingly significant in shaping the economic, financial and social lifestyles of the Brits. The factors for choosing a property are highly related to the quality of life and public services in the surrounding areas, tax burden as we as the quality of the neighbourhood. There is always huge expenditure for every household to spend when dealing with their housing issues. Yet, one should be informed that value can be added to the properties for money that spent on improvement or refurbishment. Read more…
Due to landlords’ financial problems and pressure, tenants are requested to give up on rent reduction even when there is an expected fall in September Retail Price Index (RPI).
Millions of tenants are urged to forgo the idea of rent reduction due to the financial problems and pressure landlords and the government face. Tenants’ rent had increased in line with inflation in the economy. However, it is revealed that the expected Retail Price Index will be -2% in September, which means if the change in rental prices is affected by the inflation or deflation of the economy, the average rents could possibly be reduced by £1.4 a week next year. National Housing Federation (NHF) warned that the small drop in rent could lead to 4,000 fewer new homes being built as services.
As revealed, there are about 5 million people who are now on the waiting list for council homes. Under these circumstances, the National Housing Federation (NHF) suggested rent freeze for the year instead. The Federation spokesman further stated that as the public finances deteriorate, more private borrow is needed to build and create new homes. Matthew Gardiner, owner of Trafford Housing Trust who owns more than 9,000 homes, also estimated that the reduction in rent due to the -2% inflation would lead to £1 million loss in the business as well as “restricted services”. Read more…
