What did the Chancellor have in store for the housing market in the Autumn statement? Yesterday we heard from Russell Quirk, CEO of eMoov.co.uk, on what he wanted to hear from the Chancellor. But were those expectations met? We also hear from Jeremy Raj from Wedlake Bell's Residential Property Team, for his reaction on Philip Hammond's policies towards the housing market.
Sue Dougan is joined in the studio by Kevin Pratt Web editor MoneySuperMarket.com. On the agenda today, they discuss the big story - The Autumn Statement. Sue and Kevin speak about how all aspects of the policies the Chancellor delivered will impact the consumer. Elsewhere, over ten million people across Britain could struggle in retirement if minimum contributions to workplace pensions aren't increased. Air traffic bosses have issued a new code of conduct for drones. All these stories and more on The News Review.
What do you look for when buying a house? Proximity to local transport? Location? Interior design? Despite the vast range of modern home innovations just over a tenth of us consider strong Wi-Fi a top priority whilst only 3% would look for hi-tech appliances. For more information, our reporter Tom Hill spoke to Carolanne Dieleman, from Stewart Milne Homes.
What does the Chancellor have in store for the housing market. We know that he's promised the building of tens of thousands of new affordable homes and plans to ban letting agents from imposing up-front fees. But what else can we expect today. Georgie was joined on the line by Russell Quirk CEO of eMoov.co.uk to find out.
One of the biggest issue facing landlords next year will be rent arrears with two thirds reportedly already owed back payments from tenants. And with rents predicted to rise faster than house prices over the next five years, this situation is only set to worsen. To find out why, our reporter Mary Newman spoke to James Davis, CEO and Founder of Upad.
Only 32,000 new homes were built in the year to March 2016, compared with 66,600 in the previous 12 months. Critics are calling on the government to do more to encourage house-building and affordable housing. They are waiting with baited breath for the Autumn Statement where the Chancellor will announce his new housing strategy. Our reporter Dan Goldsmith spoke to Sara Mahmoud, chief economist from Shelter, to find out more.
Struggling to get on the property ladder? Sarah Pennells and Young Money Champion Olivia Rudgard look at the pros and cons of shared ownership with experts Lynda Clark, Editor of First Time Buyer Magazine, Kush Rawal, Sales and Marketing Director at Thames Valley Housing, and Paula Higgins, Chief Executive of Homeowners Alliance. Sarah and Olivia also hear from Alex Campbell who's bought a shared ownership property in Phoenix Quarter in Dartford in Kent.
Olivia Rudgard, Lynda Clark, Kush Rawal, Alex Campbell, Paula Higgins
Welcome to the This is Money and Share Radio podcast, presented in partnership with NS&I. Last week we brought you the shock news of Donald Trump’s poll defying victory in the US Presidential Election. One week later how has the world responded and what can we expect looking forwards? Despite fears of Trumpageddon the markets rallied delivering many investors with a surprising Trump bump. Many are now questioning what a Trump presidency will mean for post-Brexit Britain but a clue of financial news to come is on hand next week when the Chancellor will deliver his Autumn Statement. Philip Hammond has promised measures to help the so-called “Jams”- those just about managing- but is he likely to deliver or will he find resources spread too thin? Editor Simon Lambert and personal finance editor Rachel Rickard Straus join Georgie Frost to look through the latest financial figures and see just what the Chancellor is up against. Also on this week’s show they look at the pressures on young people and first time buyers from the housing crisis as well as the cost of coffee and the latest collectable car purchase on offer. This is Money is presented by Georgie Frost in partnership with NS&I.
After a summer which saw more uncertainty, annual UK house price growth suggests the post-Brexit property market is stabilising. We’ve now had three months of figures showing price growth has remained robust, and households across the UK perceive that the value of their home rose in November. That’s according to the latest House Price Sentiment Index (HPSI) from Knight Frank and IHS Markit. To discuss the data, Oliver Knight, an Associate at Knight Frank, joined Share Radio Breakfast.
The UK's housing market is in crisis. Its widely agreed that the acute shortage of homes, the gap between supply and demand, isn't going to be bridged without a huge shift in approach. The UK should ideally be building around 300 thousand homes to reduce the deficit in supply, though last year we managed little more than half that. The Building Societies Association might usually be seen as mainly concerned with lending and interest rates, but today it's bringing out a report which outlines the need to make the most of new building technologies. Paul Broadhead, Head of Mortgage Policy at the Building Society Association, joined Share Radio to discuss.