Increasing debt is decreasing younger generations chances of owning their own home!!!

According to one of the leading debt counseling charities, debt problems at a young age, such as the debt incurred by University fees, are becoming increasingly likely to inhibit the younger generations of Britons to be able to purchase their own homes, as well as other assets like their parents and grandparents were able to do at the same respective age.

The report by the Consumer Counselling Credit Service has predicted a less than bright future a large percentage of those under the age of forty as real incomes decline, debts continue to increase and saving for retirement turns into more of a dream than a reality.

However, while the research for the charity showed that debt levels tend to peak when people are aged around 35-45years old, they found that over 1m households in the UK where those inhabiting the property are aged between 18 and 39 are already struggling financially. This research then indicates that another 893,000 are at risk of struggling with financial issues..

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Former 'Friend' on real estate cut down!!!

It appers as though former Friends star is shaking things up in his real estate portfolio as he has recently sold his home On Sunset Strip for a whopping $5.7million. This is Perry's third real estate asset to have been put up for sale in recent months. The most recent property listing was announced just two weeks after putting his majestic mansion in Malibu for an incredible $13.5 million!! Are you moving home? Need conveyancing? Visit us for your free quote TODAY!!! www.helpfulconveyancing.co.uk

25% increase in financial product complaints!!!

According to the Financial Ombudsman Service, between the months of July 2011 and September 2011 the number of complaints regarding financial products has increased by nearly 25%. In the second quarter of 2011-12, the ombudsman has received a 24% increase in complaints, taking the total from 25,276 (the number of complaints received in the same time period in 2010-11) to 31,386, excluding the service of payment protection insurance. However the total number of complaints has decreased by 19,259 from the 56,025 cases between April and June 2011. Top of the list of reasons for complaints was credit card accounts (11.5%) closely followed by current accounts (8.5%), then mortgages (5.5%) and finally car and motorcycle insurance (4%). In search of conveyancing? Need to compare quotes? Visit us for your free quote today!!! www.helpfulconveyancing.co.uk

"Katie Price at the Oxford Union: 'No one has an excuse not to try and earn a living'"

"Not since Albert Einstein stood on this spot, perhaps, has there been such a meeting of great minds. On one side of the oak-panelled chamber sat the academic cream of Britain – history-makers in waiting, future captains of industry, and almost certainly a smattering of aspiring politicians. On the other sat Katie Price. But the topless model turned self-made businesswoman may have posed an unspoken question to undergraduates when she followed in the footsteps of prime ministers, world leaders and international notables to address the Oxford Union." Need conveyancing? Compare conveyancing with us at www.helpfulconveyancing.co.uk

Popularity of renting causing shortage of properties to rent!!!

The recent high demand for rental properties Is generating a crisis in the British rental market according to a new survey. The Association of Residential Letting Agents fears that due to a record hi of new tenancies in the private rental sector signed this year, the sector is close to bursting!! The regulatory body, responsible for letting agents in the UK, surveyed over 6,000 members of whom 74% responded that the demand for rental properties far outweighs the supply within the sector since the record high was reached earlier this year. According to the survey, the increase was least drastic in London and the South-east, saying that some of the tenants were now staying in properties for over 18 months due to the worry of finding a similar or upgraded property in the hily competitive market that currently exists. Need conveyancing? Visit us today for your free quote at the most competitive rates around!! Www.helpfulconveyancing.co.uk

Property BOOM in East London as 2012 Olympics approach....

With the 2012 Olympics on the horizon the latest branch of London's BIGGEST estate agent threw open it's doors over the previous weekend with the intent of generating a business buzz on the doorstep of the Olympic stadium. Many businesses are seemingly on the same wavelength, as well as private property owners anticipating the influx of spectators wishing to stay in the area and fully experience the olympics with soaring rental prices. As night fell upon The Grove last weekend, in the centre of Stratford town, the streets were flooded with neon lighting casting a warm glow upon the pavements. The shop windows filled with brand new sparkly surfaces, swanky drinks cabinets and flat screen TVs to entertain and draw people in, interspersed with betting shops, fast food outlets and Money lenders for the punter's convenience, of course. Planning on moving home? Need to compare conveyancing?for the best deals around visit us for your free quote today!! www.helpfulconveyancing.co.uk

Families in UK struggle to afford soaring private rental prices...

According to a survey by the homeless charity Shelter, a worryingly increasing number of families in the UK have been priced out of rental property in the majority of local authorities in England. The Shelter Rent Watch found that 55% of ordinary working families are unable to afford the average prices for private rents of local authorities in England. The accepted measure of affordability states that the average rent for a house should sit at one third of the families 'take home' pay, however typical rents charged by private landlords exceeded the standard third. The research showed that 38% of families with children were having to cut down on food in order to pay their rent. who were renting privately had cut down on food to pay their rent. Planning on moving house? Need conveyancing?? Visit us for your free quote today!!