No-deal Brexit would trigger lengthy UK recession, warns S&P https://t.co/UXrw6FOux2 Solicitors & Estate Agents In One Just £899 + vat .. https://t.co/GmjoJxU3bM (via Twitter http://twitter.com/conveyandmove/status/1057361739304579077)
Tuesday, October 30, 2018
No-deal Brexit would trigger lengthy UK recession, warns S&P
Credit agency warns of property price falls, unemployment doubling and inflation spiking in latest grim forecast
Britain’s economy will suffer rising unemployment and falling household incomes that would trigger a recession should Theresa May fail to secure a deal to prevent the UK crashing out of the European Union next year, according to analysis by the global ratings agency Standard & Poor’s.
Property prices would slump and inflation would spike to more than 5% in a scenario that S&P said had become more likely in recent months following deadlock with Brussels over a post-Brexit deal.
Continue reading...from Property | The Guardian https://ift.tt/2zdcU5h
via IFTTT
This budget shows Conservatives have run out of ideas on housing | John Healey https://t.co/qTsJrzDp1K Solicitors & Estate Agents In One Just £899 + vat .. https://t.co/GmjoJxU3bM
This budget shows Conservatives have run out of ideas on housing | John Healey https://t.co/qTsJrzDp1K Solicitors & Estate Agents In One Just £899 + vat .. https://t.co/GmjoJxU3bM (via Twitter http://twitter.com/conveyandmove/status/1057278651480371202)
This budget shows Conservatives have run out of ideas on housing | John Healey
Housing barely figured in Philip Hammond’s speech, despite rising homelessness and a deepening UK housing crisis
Theresa May has repeatedly declared her “personal mission” to fix the housing crisis. It’s a mark of the Conservatives’ loss of confidence on housing that it barely figured in Philip Hammond’s budget speech.
Related: Theresa May's warm words won't keep people off the streets this winter | Jane Dudman
Continue reading...from Property | The Guardian https://ift.tt/2Q61W9b
via IFTTT
Can I buy a share in my parents' home – and a flat to rent out? https://t.co/NRXAVMx9VB Solicitors & Estate Agents In One Just £899 + vat .. https://t.co/GmjoJxU3bM
Can I buy a share in my parents' home – and a flat to rent out? https://t.co/NRXAVMx9VB Solicitors & Estate Agents In One Just £899 + vat .. https://t.co/GmjoJxU3bM (via Twitter http://twitter.com/conveyandmove/status/1057244610135801856)
Can I buy a share in my parents' home – and a flat to rent out?
I have will about £35,000 from the sale of a property and want to make the best of it
Q After a recent separation, my two young children and I have moved back in with my parents whilst I have been selling the property I jointly owned with my ex-partner. We have been living in my parents’ home for about a year and it has been working really well. They are able to help with childcare and they enjoy having me and the children around. The house is large enough for us all and still offers personal space when needed.
My former home is now sold, and as a single mum I think I will struggle to buy a property in the same area as my parents as it is quite affluent and prices are rising rapidly. I will end up with about £35,000 from the sale of my property and I want to make the best of it. My parents and I have come up with a (potentially crazy) idea of me staying long term and mortgaging a small amount to buy a share of their property at market value.
Continue reading...from Property | The Guardian https://ift.tt/2RpmfP8
via IFTTT
Subscribe to:
Posts (Atom)