BlogLivester.com

New figures from the National Association of Estate Agents (NAEA) have shown that although the housing market in the UK is still performing well, buyers are adopting a more cautious approach to property investment.

The association states that during the month of April, there was a stable performance in terms of the number of sales, viewings and and the average house sale price. According to the NAEA, the average number of viewings before a house was purchased was said to stand at 14. It asserts that while this is indicative of consumers being cautious about which property they invest in, the figure stands just two viewings higher than results from 2007.

Share This

The present difficulties being experienced in the currency exchange markets are causing a significant number of Britons to think twice about where they will head off in the search for some summer sun, a new study reveals.

Research carried out by moneysupermarket indicates that as the pound continues to weaken against the euro, some consumers are considering not taking a holiday on the continent in favour of destinations which are further afield. According to the price comparison site, just under a third (29 per cent) are looking towards taking a break outside of Europe directly as a result of the diminishing value of sterling compared to the continental currency.

Share This

Those consumers taking out a home improvement loan to fund renovation projects could substantially add to the value of their property, new figures indicate.

In research carried out by Halifax an ever-increasing number of consumers are looking towards home improvements, for instance redecorating or getting a kitchen extension, as a way of boosting the worth of their home. A reported 25 per cent of homeowners who have undertaken such a project over the last 12 months have done so specifically to increase the value of accommodation - up from the seven per cent recorded last year.

Share This

Young people need better education if they are to become financially responsible in later life, an industry expert has declared.

According to Wendy van den Hende, chief executive of the Personal Finance Education Group (Pfeg), children need more suitable financial education if they are to develop sufficient awareness of how to use monetary products such as personal loans and savings accounts when they are older. She stated that although many children are currently “interested in money matters” and “do see its relevance”, the education they receive is often not matched to their financial needs.

Share This