There’s no disputing the fact that it’s becoming far harder to move up the property ladder as quickly as it used to be, especially in the capital. Transitioning from the rental market to owning your own home can be a huge struggle as prospective first-time buyers’ savings are squeezed by landlords. The increase in rent…
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How many millionaires really are there in the UK?
According to a recent data, the number of millionaires in Britain is greater than ever and is still on the rise, despite Brexit. Britain has the highest number of millionaires in Europe and the fourth highest number in the world, trailing only China, the US, and Japan. Official figures from the Office for National Statistics show…
Read MoreThe most expensive seaside resorts to live
Coastal towns have always been on one of Britain’s characteristic features. In recent years their popularity has boomed, with several becoming hot-spots for those looking to buy a second home to escape the city. We’ve compiled a few of the most popular and pricey at the moment. Sandbanks – Dorset A tiny ‘millionaires playground’…
Read MoreRevealed: Where in the UK saw the greatest rise in house prices?
New data by Halifax found that house prices in Cheltenham rose by 13%, more rapidly than anywhere else in the UK. This makes the average price of housing in the area £313,150. Other areas high up the list were: Bournemouth, Brighton, Crawley, Newham, and Peterborough. Most of the areas with the greatest gains were in…
Read MoreBest places to live in the UK in 2017
Halifax’s annual Quality of Life Survey was just released and crowned Hart in North East Hampshire as the UK’s best place to live. The survey takes into account various factors including residents’ health, wellbeing, life expectancy, employment, crime rates, earnings, and the weather. In the past six years, Hart has placed first a whopping five…
Read MoreA brighter future for the UK property market?
There is a fair amount of conflicting data on house prices in the UK property market at the moment. According to recent data from Halifax, the UK’s largest lender, UK house prices have been rising for five months in a row by 0.5% month-on-month. On an annual basis, Halifax found that house price growth slowed, going…
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