Tag Archives: housing finance

The UK government must tackle housing, not Brexit in 2018

This year, the UK government must come up with solutions to the main crises that eat away at some ordinary Britons’ well-being. One of these is the housing crisis, which continues unabated despite the billions of pounds thrown at the problem.

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As home prices hit record levels, negative equity looms

A statement from Halifax shares the “good” news: home prices paid by first-time buyers are the highest ever.

In the first half of this year, first-time buyers paid on average £207,693 for a home, the highest price on record. This is 4% higher than a year ago, and 50% higher than five years ago.

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New Basel rules mean buy-to-let mortgage interest rates will jump

Ahead of the Chancellor’s Budget set to be published on March 16, there is a lot of speculation that he may announce other measures to cool down the buy-to-let property market. I don’t think he will need to: the market will cool down pretty rapidly once the regulatory changes that are coming for banks are understood by buyers. Admittedly, that will take a while. This article is for those who want to stay ahead of the game.

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UK household wealth jumps by 19% on house prices, stocks

UK household wealth surged by 19% in a year to reach 9.1 trillion pounds ($14.4 trillion) at the end of 2014, data from Lloyds Bank Private Banking show.

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Affordable housing finance: India’s next big opportunity

By: Sourajit Aiyer

Everyone agrees that housing is a key multiplier to a nation’s economic growth agenda, given its linkages with numerous ancillary industries. Affordable housing is crucial for a robust property market.

But the experience of countries, especially developing ones like India, shows housing development so far has largely targeted high/mid-income population.

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