Month: June 2013

More female graduates find employment within six months

A greater proportion of female graduates are in employment six months after they leave university than their male counterparts. The Higher Education Statistics Agency (HESA) revealed 7% of women were unemployed half a year after leaving university in 2012; this is compared with 11% of men. Figures found that 9% of 230,000 full-time graduates who… Read more »

Emaar Properties opens Vida Downtown Dubai

Emaar Properties opens Vida Downtown Dubai

Vida Downtown Dubai has been opened by Emaar Properties. Summary: Vida Downtown Dubai opened earlier this week It is aimed at business guests and leisure travellers The hotel offers 156 luxury rooms with state-of-the-art facilities Emaar Properties has launched Vida Downtown Dubai, as part of its Vida Hotels and Resorts portfolio. Earlier this week (June… Read more »

LJMU prepares for student Open Day

Liverpool John Moores University (LJMU) is getting ready to host an Open Day next week. The university will hold its first event on Wednesday (July 3rd), followed by other showcases on October 5th, October 30th and November 2nd. Prospective students can find the same itineraries taking place at each event and they will able to attend… Read more »

Surrey’s Virginia Water sees average house prices reach £1m

Gvt launches new phase of Help to Buy scheme

The average price for a house in Virginia Water is over £1 million, making it the most expensive town in England for properties. Summary: Virginia Water has the most expensive property values in England They typically cost more than £1 million This is a 6% rise on their average price in 2012 Virginia Water in… Read more »

Nationwide allows landlords to offer extended tenancy contracts

Signature of woman signing document

Tenancy contracts can be as long as three years for landlords with mortgages from Nationwide. Summary: The Mortgage Works will enable landlords to offer tenancy contracts of up to three years This is extended from the typical contract of 12 months This will provide both landlords and tenants with more security, helping to stabilise the… Read more »

Raising bank rate ‘could hit mortgage payers hard’

Raising bank base rate ‘could hit mortgage payers hard’

Increasing the bank rate from 0.5% would result in many homeowners falling deeper into debt problems. Summary: Higher interest rates will have a detrimental effect on many homeowners, says Sir Mervyn King He said raising the base rate would be premature The base rate has been 0.5% since it was reduced in March 2009 Increasing… Read more »

Buy-to-let report reveals one-bedroom properties offer highest yields

Buy-to-let report reveals one-bedroom properties offer highest yields

One-bedroom apartments offer yields of 6.8%, according to Countrywide. Summary: One-bedroom apartments are the best type of property to invest in They provided yields of 6.8% in April, says Countrywide This is higher than the average rental yield of 6.2% during the month One-bedroom apartments offer the best investment opportunities, buy-to-let (BTL) research has recently… Read more »

No of mortgages approved rises to over 36,000

Key with keyring on a house

More than 36,000 mortgages were approved in the three months leading to May. Summary: 36,102 mortgages were approved in the quarter to May This is a rise from 32,952 Mortgage rates have also declined with several five-year fixed rates available below 4% There has been a rise in the number of mortgage approvals in the… Read more »