FTSE 100 opens down 2.2% by 144 to 5757 points as data shows slump in UK housing market

FTSE 100 opens down 2.2% by 144 to 5757 points as data shows slump in UK housing market – after government put brakes on lockdown easing and Trump threatened $1trillion tariffs on China The FTSE 100 of Britain’s biggest firms opened down by 144 or 2.2 per cent  Newly released figures show house prices were … Read more

ALEX BRUMMER: Secret life of housing chief Jeff Fairburn

The former chief executive of Persimmon, Jeff Fairburn, and his successor David Jenkinson, will never be able to fully escape the stain of their fat cat bonuses. After a City row over Fairburn’s original payout of more than £100million, it was reduced to £82million (over two years) and Jenkinson received £43.2million. The final insult was … Read more

Experts warn urgent stimulus from Government needed to ward off collapse in UK’s housing market

Experts warn urgent stimulus from Government needed to ward off collapse in UK’s housing market By Daily Mail City & Finance Reporter Published: 00:01 BST, 20 April 2020 | Updated: 00:01 BST, 20 April 2020 Urgent stimulus from the Government is needed to ward off a collapse in the UK’s housing market, experts have warned.  … Read more

Housing market expected to fall by up to a sixth as thousands of Britons lose their jobs

Housing market expected to fall by up to a sixth as thousands of Britons lose their jobs By Daily Mail City & Finance Reporter Published: 01:01 BST, 13 April 2020 | Updated: 01:01 BST, 13 April 2020 The housing market is expected to fall by up to a sixth as thousands of Britons lose their … Read more

Share of low-income households with children struggling with housing costs has risen to over half

Only a third of people in low income household with consumer debt have enough spare cash for an emergency, a new study has found. The Resolution Foundation says that consumer debt among poorer households has risen the fastest among any income group, with the proportion rising by nine percentage points. This group has become more exposed … Read more

Today show reporter Brooke Boney discusses growing up poor in housing commissions

Today show reporter Brooke Boney says that growing up poor in housing commissions has helped prepare her for COVID-19 lockdowns By Candice Jackson For Daily Mail Australia Published: 03:03 BST, 9 April 2020 | Updated: 03:31 BST, 9 April 2020 She has spoken about growing up ‘poor’ in a Muswellbrook housing commissions in NSW’s Hunter … Read more

From job fears to housing horrors, the experts answer all your burning questions

From jobs to leisure, household finances and housing, it seems hardly anything is left untouched by coronavirus, writes Sarah Bridge. Here, we ask a panel of experts to answer some of your many questions to help you get through these tough times.  SUPPORT FOR SMALL BUSINESSES  Russ Jones writes: ‘I have a small business which … Read more

Herd of deer takes over east London housing estate

First goats, now DEER! Herd takes over east London housing estate by lounging on front lawns as animals continue to roam deserted streets during coronavirus lockdown A herd of deer have taken up residence in an east London housing estate  The deer are believed to have moved from Dagnam Park to Harold Hill  Locals believe … Read more

Coronavirus housing market freeze to cost Treasury more than half its stamp duty revenue

If you’re trying to move house and are unsure how the Government’s announcement will affect you, removal quote provider Reallymoving has put together the following advice:  Securing a mortgage  · Be prepared to provide evidence of job security, something banks will be checking even more closely than usual. · With surveyors currently unable to carry … Read more

Coronavirus UK: Housing market hit as mortgage lending stops

Homeowners who are facing financial difficulty because of the coronavirus pandemic have been offered a vital lifeline.  They were told last week that they would be able to take a so-called mortgage holiday where they can suspend repayments for up to three months.  But what does this mean and how much will it cost in … Read more