Despite a general feeling in the public that the housing market might be slowing down the Office for National Statistics has just released it’s latest data. According to them we are seeing the inflation of house prices being at its highest level since October 2016. The average house price is currently £220,100, which is £12,000 […]
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Would You Trust A Robot?
How do you feel about a robot, or robo-adviser, managing your money? A recent survey carried out by ING suggests that 91% of consumers don’t want to leave the decisions on their finance in the hands of “robo-advisers”. In the last few years, Fintech has become a more prevalent concept. We now have a robot […]
Why Development Finance is like a Barbecue
This weekend we had a bbq at home, when I thought about it the day after, it struck me in some ways our bash was a bit like development finance. It wasn’t a big affair, nothing fancy but the Wife and I still wanted it to go well. Plans were in place, food and drink […]
Has Your Lender Pulled Out?
You may have been unfortunate enough to be expecting development finance from the Peer to Peer lender, Funding Circle. By now, you should have heard that they are no longer willing to fund developers or their projects. In fact, they are pulling out of property completely. This could leave you with a problem – where […]
House Prices January 2017
The Halifax has reported that house prices slowed in January 2017, compared to December 2016. The average house is now worth £220,260 which shows a rise of 5.7% for the last 12 months, down from the previous figure reported at 6.5%. The Nationwide has also reported a slowing of growth, though that is not necessarily […]
The Rise Of Limited Company Buy To Let
With tax changes for buy to let landlords in April 2017 it is expected that more and more will be setting themselves up as a limited company. This is, of course, with the aim of becoming more tax efficient. The mortgages for business index also suggests that landlords are transferring existing portfolios into companies, reducing […]