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In this month’s newsletter we outline quite a few hot topics, wages rose their fastest pace for three years, UK Outlook remains positive and The Federation of Master Builders has warned that small housebuilders are being hampered by skills shortages. We hope you enjoy our newsletter!

 

Uk Economic Briefing
ONS data shows wages, excluding bonuses, rose at their fastest pace for three years during the three months to July. The 2.9% increase was only the second time since July 2015 that the level has been reached, and earnings have now outstripped inflation for four months.

 

 

 

 

top 5 buy to let mortgages

1.29% Disc. 2yr 60% LTV
1.44% Fixed 2yr 60% LTV
2.85% Fixed 10yr 50% LTV
1.75% Fixed 2yr 75% LTV
3.70% Fixed 5yr 80% LTV

 

 

 

 

Uk Economic Briefing

Some 30% of UK millennials want to start their own business, according to F&C Investment Trust’s Millennial Money Survey, which questioned over 4,000 adults aged 18-35 and found that 14% aim to do so in the next five years.

Cash machine network co-ordinator Link has provided figures showing that more than 250 free-to-use ATMs are disappearing a month as operators shut unprofitable ones. There are around 53,000 free machines in the UK – but the number is shrinking at a record rate as people use less cash…

 

 

 

A panel of property industry experts has agreed that the UK outlook remains positive despite Brexit uncertainty. Paresh Raja, chief executive of Market Financial Solutions, said average UK house prices are now rising….

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The Federation of Master Builders has warned that small housebuilders are being hampered by skills shortages and Brexit could exacerbate the problem. In its annual survey, the FMB said that 44% of 116 small and medium-sized housebuilders felt that a shortage of skilled…

Read the full article

 

 

 

Cash machine network co-ordinator Link has provided figures showing that more than 250 free-to-use ATMs are disappearing a month as operators shut unprofitable ones. There are around 53,000 free machines in the UK – but the number is shrinking at a record rate as people use less cash…

Read the full article

 

 

 

 

Property news this week

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