Figures from The Royal Institution of Chartered Surveyors (RICS) housing market survey for January 2012 point to a slight downturn in the residential property sector. 16% more surveyors continued to report price falls rather than rises, although this figure represents the best reading since July 2010. However, when scrutinised further, the survey reveals that 82%
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Renters and homeowners alike will be aware of the expensive costs of running a property and keeping up with mortgage or rental payments. Thanks to a record high in rent prices and the dismal state of the economy and UK housing market, it’s now actually cheaper to buy a property than rent one. Homeowners are
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Nearly four million children in the UK are living in poverty, could that include your young family? The cost of raising children and caring for them is becoming increasingly hard for parents under the current economic climate. Shockingly, one in five mums will go hungry in the UK to make sure their kids have enough
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The continued downturn in the UK economy, falling annuity rates and the threat of a double-dip recession may give savers the incentive they need to ensure they have healthy balances for the pension and other savings pots. According to a report by Scottish Widows, only 51% of the UK workforce is saving the correct figure
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By Declan Murray in Debt Advice on 19 December 2011
The number of families seeking debt advice is on the rise, according to the latest research. Figures from Clearstart show that a growing number of families with children are struggling to cope with rising financial pressures on households. The cost of living is spiralling and since the depths of recession in 2008, many households have
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UK families are living on the brink of poverty as the nation struggles to pay for basic essentials, despite cutting back – they still need a massive £25,000 to make ends meet. Families are spending almost £40 less than before the credit crunch, and to make matters worse some of them cannot afford a Christmas
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”You may not realise it when it happens, but a kick in the teeth may be the best thing in the world for you”. These wise words were spoken by Walt Disney, one of the biggest names that ever lived, renowned for his genius and the power of his dreams. What many people do not
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A 12-year-old boy spent up to £900 on the Facebook game Farmville last year. This is a stark, if slightly unusual, reminder of the financial dangers of online gaming, which could lead to serious debt problems. Racking up hundreds of pounds on his mother’s credit card, the youngster spent £625 on virtual coins in the
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By Chris Jacques in Debt Advice on 22 November 2011
Unemployment has reached a 17-year high and now stands at 2.62 million. Unemployment rose by a staggering 129,000 between July and September, according to the latest office figures. The Office for National Statistics (ONS) revealed that the unemployment rate increased by 8.3%, rising at the fastest quarterly rate since April to June 1996. The current
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Tonight’s annual TV appeal for Children in Need will no doubt top last year’s donation amount of £18 million. So far, the charity has raised over £600 million since its first broadcast on Christmas Day in 1927. The show alone took in an exact total of £18,098,119. Almost every year the charity manages to top
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