All Things Financial

Townhomes offer flexibility, convenience

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Posted 2007-11-14

With the ever-increasing demand on the rise for multiple storey townhomes, individuals are finding more creative ways of using the vertical living space.  “Townhouse living has become more and more popular because it offers a whole host of living options,”...

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Home equity can pick up when retirement lets down

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Posted 2007-11-10

  Technical Director of the Pensions Advisory Service, Des Hamilton, has suggested that housing price increases over the past fifteen years has caused many homeowners to see their homes as investments. As such, it has been suggested that elder Britons...

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Government moves to reduce VAT – incentivizing home improvements

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Posted 2007-11-6

An alleviation of the value added tax (VAT), by the UK government comes as welcomed news to the Royal Institution of Chartered Surveyors (RICS); as it should make the modernizing of properties less expensive to achieve.  Value added taxes come...

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‘Seconds’ alleviate strain of home prices tripling in thirteen years

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Posted 2007-11-1

Research provided by Hometrack has shown that house prices have generally tripled in the UK since 1994. Additionally, the purchase of a house can be more expensive than the property itself.  The news is served-up with a double edge however;...

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Falling rates encourage borrowing and spending

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Posted 2007-10-31

The Bank of England’s Governor asserted that the UK has had “unusually low” interest rates in recent years.  Meanwhile in Belfast, Mervyn King offered during a speech to the Ireland Chamber of Commerce and Industry that a continuous trend in...

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Moving companies may see lonely days ahead

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Posted 2007-10-22

An industry survey indicates that fewer Brits are choosing to move these days. Data from the Royal Institution of Chartered Surveyors (RICS), has indicated that the majority of the institutes’ members have seen a decrease in new buyer instructions...

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Lenders have ‘plenty of money’ for creditworthy clients

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Posted 2007-10-19

British lenders contend there is plenty of money available for clients in good standing with their credit record.  Executive Director of the Intermediary Mortgage Lenders Association, Peter Williams stated that a slow-down in the housing market in the UK is...

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Insurance risks associated with home improvements

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Posted 2007-10-15

Financial services provider to 50s+ age group, Saga, has issued financial cautions regarding certain home improvements to their members.  The industry body wants Britons to be aware that possessions such as flat-pack kitchen units are not usually covered by insurance...

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“HIPs” required for 3+ bedroom homes

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Posted 2007-10-13

HIPs, or home information packs, are packages of information which include energy performance certificates, (EPCs).  Prior to September 10th, 2007, HIPs were only required for properties with four or more bedrooms. However, after the September date, HIPs were made mandatory...

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Home security and maintenance often reduces insurance premiums

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Posted 2007-10-11

Homeowners should take into account that security measures and good home maintenance can often reduce the amount spent on insurance premiums. Taking just one hour out of a day to carefully review an insurance policy and contacting home insurance companies...

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