Deniss Z

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Desperate UK homeowners are cutting prices, says Zoopla

Property website says 35% of homes up for sale have cut sale price, with Brexit vote to blame for the biggest discounts in London<p>Price cutting by homeowners desperate to shift their property in a slowing market has reached the highest levels in six years, according to an analysis by website …

First-timers face paying nearly 50% more than other buyers for UK homes

FCA says new buyers may pay far more interest as they have to take out longer mortgages than previous generations<p>First-time buyers could pay nearly 50% more than existing home owners for their property because typically they are spreading their mortgage repayments for longer periods of over 35 …

Savings could be under threat if banks go bust

Officials have backed a shake-up of the rules which could prevent customers withdrawing their money for months. At present, they are entitled to all …

London homes hit record low affordability

The latest Hometrack UK Cities House Price index shows that house prices in London have reached a record 14.5 times average earnings.

Housing

Retirement planning: Top 6 things no one tells you about

To make your retirement years truly golden, understand what may be coming your way.<p>Many of us look forward to retirement as the reward for a lifetime of hard work.<p>While the post-work years can truly be golden for those who plan for them, many retirees are caught off guard by the facts of their new …

Retirement