Posts from — June 2010
House prices in the South West show strongest growth in Q2 2010
New figures from Nationwide show that UK house prices increased by 1.9% quarter on quarter in Q2 of 2010. The figures also show that annual house price growth in the South West has reached double figures, whilst Northern Ireland was the only region to see house prices fall in this quarter (Q2).
Commenting on the figures Martin Gahbauer, Nationwide’s Chief Economist, said:
“The second quarter of 2010 saw continued house price growth across nearly all UK regions. For the UK as a whole, prices rose by 1.9% in the quarter, leading to a slight increase in the annual growth rate from 8.8% in the first quarter to 9.5%.
“The South West of England saw the strongest growth in the quarter, with prices up by a seasonally adjusted 3.0%. This resulted in a pick up in annual growth from 8.9% to 12.5%. Greater London continued to be the best performing region on an annual basis with prices up 13.2% on Q2 2009.
“Similar to the first quarter, the northern and midland regions generally saw weaker growth than the southern regions.… Continue To Read This Post..
June 30, 2010 No Comments
The Financial Face of Britain
The credit crunch has changed all of our lives in some way, meaning that many of us may feel as though we have debts that we cannot afford or that we are becoming penny-pinchers in order to make our pounds go further.
Lloyds TSB have released a Financial Face of Britain report showing that the credit crunch has shown both positive and negative trends in the way that we deal our finances. One in three of us have curbed our spending habit over the last six months so we can cope with the economic downfall.
However, due to the rising cost in living, the financial face of Britain shows how two out of every five adults are now saving less with the 45-54 age bracket having to cut their savings the most severely. In addition, over four million do not have any savings put away.
Mark Cockburn, Retail Network Director, said: “It is difficult to put money aside with rising bills and ever increasing household expenses. While everyone understands the good sense in saving, what consumers
June 30, 2010 No Comments
Credit Repair and Playing the Balance Transfer Game
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If you have good credit, sometimes even if you don’t, you may find yourself inundated with seemingly endless balance transfer offers. These offers often temp you with a low rate and the opportunity to move your debt to a new card. But are these offers really a good deal?
June 30, 2010 No Comments
Unsecured Cosmetic Surgery Loans – Collateral Free Beauty Option
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Unsecured cosmetic surgery loans are financial aid designed for those who want to undergo cosmetic surgery. As the name suggest, there is no need of pledging any collateral against these loans. These loans are applicable by bad credit borrows as well.
June 30, 2010 No Comments
High Risk Loans – Administers Flow of Funds to Serve Your Needs
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High risk loans are classified n to secured and unsecured form. With these loans, you can avail the funds, which then enables you to fulfill your needs and demands. The terms and conditions of the loans are also quite flexible.
June 30, 2010 No Comments
New Home Construction Loans and Options in Financing
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Is it time to remodel your home, but you lack the funds needed to get the job done? Do you want to build your dream home, but lack the cash to get started? Perhaps you will be interested in finding new home construction loans and options in financing online.
June 30, 2010 No Comments
Energy bill hidden tax set to double in the next ten years
Households are paying £84 a year in ‘hidden taxes’ on their energy bills to help meet the cost of combating climate change. But mounting pressure could see these taxes more than double to £176 a year within the next decade, warns uSwitch.com.
Households currently spend an average £1,194 a year on energy with £84 or 7% of this going towards environmental levies. These include: the EU Emissions Trading Scheme (£24), Carbon Emissions reduction Target (£45), Community Energy Saving Programme (£3) and the Renewables Obligation (£12). However, policies launched under the previous Government are expected to add a further 6% in levies over the next decade. This will cost consumers an extra £72 a year on their energy bills, resulting in the average household paying a whopping £156 a year in environmental ‘taxes’.
It doesn’t end there though. The Treasury is already said to be considering an additional levy on electricity bills that could add a further £10 – £20 to bills. If this happens consumers could see the ‘hidden tax’ on their energy bills more than double within the… Continue To Read This Post..
June 29, 2010 No Comments