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Vicky Shaw

<p>The average house price in the UK is now £289,099, according to Halifax </p>
Property News
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House prices hit record high in May but market shows signs of cooling

An imbalance between supply and demand for properties remains the primary reason driving the climb in house prices.

Jun 8, 2022
UK

Right to Buy extension could erode supply of affordable homes, expert warns

There has been speculation that a range of new announcements could be made to help people on to the property ladder.
Jun 8, 2022
UK

42% of buy now pay later customers ‘borrowed money to make repayments’

In the 18 to 34 age group, just over half had used some form of borrowing, according to a Citizens Advice survey.
Jun 8, 2022
UK

‘Pension blunders still being made despite correction exercise’

Sir Steve Webb has written to Pensions Minister Guy Opperman, giving examples of recent state pension errors and calling for further action.
Jun 7, 2022
UK

£1.7bn withdrawn from ATMs as people celebrated Platinum Jubilee

Last week saw the busiest Wednesday for ATM withdrawals since before the pandemic but Sunday was quieter than expected, Link said.
Jun 6, 2022
UK

Housing market set to slow as the year progresses, says Nationwide

Prices also increased by 0.9% month on month in May, taking the average house price to £269,914, Nationwide Building Society said.
Jun 6, 2022
UK

Credit card borrowing grows at fastest annual rate since 2005

The annual growth rate of credit card borrowing in April was 11.6%, marking the highest rate since November 2005, the Bank of England said.
May 31, 2022
UK

Platinum Jubilee generation ‘have seen huge changes over their lives’

The Institute for Fiscal Studies looked at how the lives of people who turn 70 this year have turned out, including their health and wealth.
May 30, 2022
UK

Families ‘will still face enormous challenges in making ends meet’

Households will receive a £400 discount on their energy bills from October, among other measures to support people with living costs.
May 26, 2022
UK

Cost-of-living crisis: How the squeeze has tightened its grip on households

Some households have little room for manoeuvre in their budgets as living cost pressures have worsened.
May 26, 2022
UK

Wealthier people ‘more likely to see lifestyle improvements during pandemic’

Nearly a third of ‘mass affluent’ people said their work-life balance improved during the coronavirus pandemic, according to LV=.
May 26, 2022
UK

Royal Mint unveils its largest ever coin for Queen’s Platinum Jubilee

The coin is a private commission for a UK collector and features a bespoke commemorative design.
May 25, 2022
UK

Households ‘may struggle to get insurance without climate change action’

There could be a reduction in access to lending and insurance for those sectors most exposed to physical risks, the Bank of England said.
May 24, 2022
UK

House sales dip in April

Some 106,780 transactions took place last month, which was down compared with March and with April 2021.
May 24, 2022
UK

Wedding guests expecting to spend more this year

A third of those planning to fork out more said they want to celebrate with friends and family they have seen less of during the pandemic.
May 23, 2022
UK

Households make fewer transactions but spending stays level as rising costs bite

Nationwide Building Society’s members made five million fewer transactions in April than the previous month, but spent a similar amount to March.
May 23, 2022
UK

Average house price 70 years ago ‘was around £56,000 in today’s money’

Estate agent Savills carried out analysis of house price growth to mark the Queen’s Platinum Jubilee.
May 23, 2022
UK

Insurance giant delves 70 years back into archives to mark Platinum Jubilee

Televisions were seen as luxuries and cattle and horses were more common on UK roads, Aviva said.
May 22, 2022
UK

Payouts for bereavement, illness and injury claims reach £18.6m per day

A record £6.8 billion was paid out in individual and group life insurance, income protection and critical illness claims in 2021.
May 21, 2022
UK

People to be able to make a lasting power of attorney completely online

The shake-up will modernise the process and make it easier to access, the Government said.
May 19, 2022
UK

Homeowner mortgage arrears remained low in first quarter of 2022

The number of homeowner mortgages in arrears is 10% lower than a year ago, UK Finance said.
May 19, 2022