In with the old, out with the new! That’s what the gaming market is like at the moment.
This Is Money: House Price Rise Fastest In Four Years
House prices rose at the fastest pace in more than four years in October as the lack of available housing continued to drive prices, according to a report today.
MoneyExpert: Welsh Assembly Urged To Boost Mortgage Holder Numbers
The Council of Mortgage Lenders (CML) is stating that affordable housing is imperative to the future health of the Welsh economy, following reports that the number of first-time buyers has fallen significantly.
Figures indicate that first-time buyer activity has recently fallen to the second lowest level since 1991, with only 4,300 first-time buyers having bought a home between July and September this year.
Speaking at the CML annual conference in Cardiff, CML Cymru chairman Mick McGuire raised the issue of housing affordability in Wales, citing it as a “key issue” for new buyers and suggesting that more be done on a policy level to resolve the problem.
“With fewer numbers of first-time buyers managing to get on the property ladder, the CML urges the Welsh Assembly government to look at innovative ways of helping those people who want to become homeowners to do so,” stated Mr McGuire.
“This could be done by encouraging low-cost home ownership or by expanding the HomeBuy scheme.”
Those looking for the best mortgage rate, including first-time buyers, are now searching a UK market with average house prices of over £200,000, according to the latest Land Registry figures.
MoneyExpert: Credit Card Debt ‘a Turn-off’
New reports indicate that credit card debt, overdrafts, and accounts in the red are a turn-off for prospective partners, with a large percentage of people more likely to get into a relationship with sensible savers.
According to a survey conducted by Yorkshire Building Society (YBS) a strong savings ethic is an attractive quality in long-term partners. Out of over 1,600 surveyed, 60 per cent of all women would rather be with a man with no debt.
Over 40 per cent agree it would be better to date a man with savings in the bank, while over 95 per cent would not want to be in a relationship with someone who was not financially sensible.
“It seems money really can buy you love as today’s singles search for a saving-smart superhero to settle down with,” comments YBS media relations manager Tanya Jackson, continuing to state that most women are drawn towards sensitive spenders rather than high rollers.
Credit card holders may soon have to shop around for the best rate after PricewaterhouseCoopers announced annual fees could be introduced to make up for industry deficits of £1 billion.
This Is Money: 30 Second Guide To Rush To Reits
The Daily Mail’s city team take you through the new investment vehicle that give generous tax breaks to property groups – and a windfall to Gordon Brown
This Is Money: Furse To Battle Bank Raid
For years the investment banks have been complaining about the cost of cash trading in London – Now it looks as if they are prepared to put some money behind the counter
This Is Money: ‘3’ Mobile To Transform Internet Use
Mobile phone operator 3 is linking up with a band of top online firms as it looks to fix the problems surrounding mobile internet usage
This Is Money: MPs Call For Curb On Loan Sharks
Ministers were urged by MPs today to crack down on ‘loan sharks’ who exploit the poorest and most vulnerable elements of society
This Is Money: 1.2m Put Retirement On Hold
Amid growing fears about the level of financial provision in retirement, 1.2m workers of pension age are still in jobs – the highest number ever recorded
This Is Money: Nationwide In Charges Warning
Britain’s biggest building society today refused to rule out charging its near-4m customers for running their current bank accounts