savings

Single people in UK finding it impossible to buy a home

One in four young people in the UK feel it will be impossible to buy their own home without a partner as they need the joint income to be able to afford a property, new research has found. On average, 45% of young couples living together rent a home and 44% own a home jointly […] The post Single people in UK finding it impossible to buy a home appeared first on PropertyWire . Continue reading

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Tenants in UK private sector worse off financially than people with a mortgage

People in the UK who rent in the private rented sector are twice as likely as mortgage borrowers to have no savings and spend roughly half of their salary on rent each month, new research has found. Private renters also go on fewer holidays and are more likely to make forced cutbacks than those with […] The post Tenants in UK private sector worse off financially than people with a mortgage appeared first on PropertyWire . Continue reading

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UK home owners are ‘losing’ millions by not checking their mortgage deal

Some £2.78 billion is wasted each year in the UK by 1.1million households sitting on the wrong mortgage deal, new research suggests. On top of this 30% or 3.4 million households don’t know the current interest rate of their mortgage and by switching to a better deal home owners could save on average over £2,500 […] The post UK home owners are ‘losing’ millions by not checking their mortgage deal appeared first on PropertyWire . Continue reading

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