Month: May 2013

May house prices rise by 0.4% in UK

houses.in.england (1)

Property prices climbed by 0.4% in May 2013. Summary: Property prices rose by 0.4% in May They rose by 1.1% from May 2012 The average price of a house in the UK is £167,912 The cost of buying a home in the UK rose by 0.4% between April and May this year. Nationwide yesterday reported (May 30th)… Read more »

Best BTL mortgages in the UK revealed

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These are the best buy-to-let mortgages in the UK. Summary: Property Hawk has revealed the most popular BTL mortgages in the UK They are typically available with interest rates of 4% to 5% Mortgages with higher LTVs have lower rates The UK’s top buy-to-let mortgages have been revealed, with Kent Reliance offering some of the… Read more »

Property management firms could save landlords large fines

sterling notes

Landlords can save a lot of money by signing up with a property management service to avoid health and safety fines. Summary: A landlord has been fined £9,000 for health and safety breaches ‘Strong action’ is taken against landlords who do not keep their tenants safe Property investors can use management firms to look after… Read more »

Cambridge students confused by mistake in exam paper

Students at The University of Cambridge found themselves unable to answer a question in a natural sciences end-of-year exam, as there were errors in the paper. The Telegraph has reported that around 300 second-year students were left confused as they attempted the assessment on Saturday (May 25th). The Part IB physics exam had two typographical… Read more »

40% of students will not pay their student loans

Four out of ten students will not earn enough to pay back the full amount of their student loans, research has shown. A study for the Institute for Public Policy Research revealed 40% of university goers will fail to reimburse the government for their higher education bills, The Daily Telegraph reported. This is likely to… Read more »

Buy-to-let loans reach 4-yr high

The Property Investor Show to highlight buy-to-let market

Buy-to-let mortgages totalled £16.4 billion in 2012, which is the highest level for four years. Summary: Mortgages reached £16.4 billion last year This is £1 in every £7 for total mortgage lending The amount borrowed by landlords in 2012 was the highest in four years The amount of money being lent to buy-to-let investors has… Read more »

RAK’s top hotel features in The Apprentice UAE task

Alan Sugar

The Waldorf Astoria Ras Al Khaimah was involved in the latest episode of The Apprentice. Summary: The recent episode of The Apprentice took place in the United Arab Emirates Waldorf Astoria also featured in the show Contestants had to source eight traditional items for the soon-to-open luxury hotel This week’s episode of The Apprentice took… Read more »

UK universities ‘need more finance to remain competitive’

Universities in the UK require more money to ensure they are competitive among international education institutions, according to The Russell Group. Last week, it published its submission to the government’s Spending Review 2013, saying more needs to be done for British universities to compete against those in the US, East Asia and Europe where billions… Read more »