The GuardianFirst-time buyers priced out of London housing marketThe GuardianMortgage payments for these buyers now takes up 79% of their income after the deduction of tax, national insurance and other essential living costs, compared to 67% a year ago. Fionnuala Earley, RBS Group UK consumer economist, said that although it ... […]
Homeowner conundrum: To fix or not?The IndependentBut then last week the International Monetary Fund, in its latest assessment of the UK economy, floated the idea that the next move in base rate could be down to 0.25 per cent or even zero to wrest the economy from a eurozone-sparked recession.Cumberland Building Society keen to help house buyers and owners N […]