THE number of people looking to downsize their home is nearly double that wanting to buy a larger property, new research has revealed. Britain’s ageing population as well as a squeeze in lending are thought to be driving this trend, according to property expert Miles Shipside. Meanwhile, demand from first-time buyers continued to fall after …
Guaranteed Rent | Downsizers look to supplement poor pensions Read More »
Housing conundrum: first-time buyers take longer to save for a deposit in London, and higher rents make it more difficult to do so. Photograph: David Levene The vast majority of first-time buyers are priced out of the housing market in London, an economist for one of the UK’s biggest lenders has warned. The house price-to-earnings …
Guaranteed Rent Income | First-time buyers priced out of London housing market Read More »
Bankia’s president, Jose Ignacio Goirigolzarri. It has asked Madrid for €19bn in financial support just as a credit rating agency downgraded it to junk status. Photograph: Antonio Heredia/AP Spain’s government plans to force Europe’s central bank into sharing the task of bailing out its troubled financial sector in a potentially controversial move that could spark …
Guaranteed Rent | Spain hopes to draw European Central Bank into funding Bankia bailout Read More »
