House prices hit all time high after mini boom and stamp
duty holiday
duty holiday
UK house prices reached a new all-time high in July as the
property market reopened, following months of coronavirus lockdown.
property market reopened, following months of coronavirus lockdown.
The latest Halifax House Price Index showed the average
price of a home was £241,604 last month, 1.7% higher than June's £237,834.
price of a home was £241,604 last month, 1.7% higher than June's £237,834.
Overall average house prices are 3.8% higher than July 2019.
Russell Galley, the Halifax managing director, said “pent-up
demand and a lack of available houses had combined to push up prices”.
demand and a lack of available houses had combined to push up prices”.
The UK Chancellor Rishi Sunak recently introduced a
temporary suspension of stamp duty on property sales up to £500,000 in England
and Northern Ireland, which agents say have stimulated the market.
temporary suspension of stamp duty on property sales up to £500,000 in England
and Northern Ireland, which agents say have stimulated the market.
1.
Governor of Bank of England more upbeat
in his forecasts
Governor of Bank of England more upbeat
in his forecasts
2.
Unemployment to double 7.5% and economy
slump 9.5%
Unemployment to double 7.5% and economy
slump 9.5%
3.
Pizza Express in CVA, Virgin Atlantic
files for bankruptcy
Pizza Express in CVA, Virgin Atlantic
files for bankruptcy
4.
More holiday misery and local lockdowns
stalls economy
More holiday misery and local lockdowns
stalls economy
5.
Base rates held at 0.1% and will keep rates
low for 5 years
Base rates held at 0.1% and will keep rates
low for 5 years
6.
Lenders not passing on rate cuts, mortgage
rates going up!
Lenders not passing on rate cuts, mortgage
rates going up!
7.
Half as many jobs are being advertised
compared to last year
Half as many jobs are being advertised
compared to last year
8.
Will end of furlough see millions more unemployed
this autumn?
Will end of furlough see millions more unemployed
this autumn?
9.
UK property prices jumped by 3% since June
following stamp duty cut
UK property prices jumped by 3% since June
following stamp duty cut
12. You
can create a second income during the lockdown…and come out stronger
can create a second income during the lockdown…and come out stronger
Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.
Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com
Would you like to get into
property but don’t have much cash?
property but don’t have much cash?
Some friends of mine are running a special ‘no
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turbulence we are going through is affecting almost everyone, especially when
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But what if there was a way to secure your future income,
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