inflation

Bank Of England

Property industry reacts as BofE increases interest rates

CEO of Alliance Fund, Iain Crawford, commented:

“The latest inflation figures suggest that the Bank of England’s aggressive tactics are starting to yield results, with the level of inflation falling marginally between October and November.

With this in mind, some may feel that a further festive hike ahead of the Christmas break is perhaps a tad Scrooge like. However, the...

Rents increase by up to 15% since last Christmas

Tenants worse off as rents increase by up to 15% since last Christmas

The latest insight into the UK rental market from Ocasa , reveals that tenants in London have endured bigger rent price increases than anywhere else in the UK since last Christmas.

Tenants are struggling this Christmas. Along with the rest of the nation, they’re dealing with a cost of living crisis, driven by rising energy prices, and adding to this pressure is the rising price of...

Christmas dinner is 20% more expensive

Christmas dinner is 20% more expensive than last year…while cooking it will cost you 96% more

The latest research by RIFT Tax Refunds reveals that the average cost of a family Christmas dinner has increased by almost 20% since last December, while the cost of cooking it has soared by 96%.

As families gather to celebrate Christmas, there is widespread concern about energy prices and the rising cost of living. For many, this year’s festive budgets will be tighter than ever...

Inflation

Inflation outpaces house prices growth for just the 19th time since 1972

The latest research by specialist property lending experts, Octane Capital , has shown that despite the resilience of the UK property market, UK house prices are currently climbing at a lower rate than inflation for just the 19th year since 1972.

Octane Capital analysed historic house price and inflation data stretching back 51 years, to reveal just how well the property market has...

Downsizing

One-third of retirees in South West have already downsized, with a further 11% to follow, as the cost of living bites

With the cost of living on the rise, new research by Churchill Retirement Living has found that over a quarter (27%) of retired adults in the South West are considering a part time job to keep afloat - and 14% have already gone back to work.

However, for the 56% who said they are not keen to return to work, the apartments at Churchill Retirement Living provide an alternative way for...

Buckingham Palace in London

UK house prices have risen by 377% while Queen Elizabeth II has been on the throne

Research from national UK estate agent, Keller Williams UK , has found that UK house prices have, once adjusted for inflation, risen by 377% since the Queen’s coronation in 1953, while the past 12 months have brought mixed fortunes for Her Majesty’s impressive property portfolio.

When Queen Elizabeth II was crowned on 2nd June 1953, the average UK house price was £1,884 which, when...