Planning Minister Nick Boles will this week launch the new web-based Building for Life 12 service and announce a second round of Built for Life commendations.
The mortgage market review will help limit lending that may be unaffordable for the consumer, the Financial Conduct Authority has predicted in its newly published business plan.
However, once the new rules have bedded in, the FCA intends to use the rest of this year and next to look at how firms are implementing affordability rules and giving advice to customers.
Knight Frank’s Prime Global Rental Index, which measures the performance of prime residential rents across 17 cities worldwide, rose by 4.8% in 2013.
The performance of the world’s prime rental markets is intrinsically tied to the health of each city’s respective employment market, in particular the business and financial services sector.
The recent recovery in the property market has seen demand for homes soar and a return of “gazumping” – where a seller accepts an offer but later reneges on the deal in favour of a higher bid.
London is experiencing “the biggest house price bubble ever”.
This was the headline in the Evening Standard after the Land Registry said house prices in the capital were up 13.8% in a year.
The average London house has gone up in value by just over £50,000 in a year. The Standard said this compared with the average salary in London at £36,781.
Average incomes of Scottish farm businesses fell by 34% to £30,000 between 2011-12 and 2012-13, according to figures from Scotland’s chief statistician.
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