Posts Tagged ‘increase’
Post-HIP jump in homes for sale
Agency Express has reported a 13.6% increase in the number of homes put up for sale in May, compared with April, leaving prospective purchasers their best level of choice in over two years.
The firm’s managing director, Stephen Watson, comments: “The decision by the new coalition Government to immediately suspend the requirement to have a HIP [...]
France reveals overhaul to pensions system
The French Government has announced the country’s retirement age will be lifted from 60 to 62 by 2018, as part of a sweeping overhaul to its pension system.
The new measures are to be implemented to cut France’s pension costs and reduce public borrowing.
However, the shake-up has met with public anger after tens of thousands [...]
Slow recovery for Scottish housing market
The housing market in Scotland is showing signs of a weak recovery, according to the latest Scottish House Price Monitor from Lloyds TSB Scotland.
In the first quarter of 2010, the value of the average Scottish home rose 0.7%, compared with the previous three months, to £157,801.
The increase is a shadow of the 5.9% [...]
FOS sees rise in PPI complaints
The Financial Ombudsman Service (FOS) said it dealt with a total of 925,095 queries from consumers in the last financial year – a 46% increase on the previous financial year.
However, it said it resolved a record number of disputes (166,321) and in 50% of these cases, consumers were awarded compensation.
It did highlight, though, that [...]
House sellers respond to rising stock levels
Rightmove has reported that the week before the General Election saw the highest number of new sellers entering the UK property market since June 2008.
However, the property portal observes that the lack of mortgage finance is now beginning to tell, with 2010 unsold stock levels continue an “inexorable rise”.
As a result, new sellers [...]