With emergency fund being second as the savings goal with approx. 12% of UK residents aiming to save funds for financial security to protect themselves against the uncertainty of the economic situation both now and in the future, saving funds for retirement are the most popular aims for savers. This comes as almost a quarter of savers confirm they are saving towards retirement.

More worrying is perhaps that there are currently almost a quarter of UK residents who are not saving at all due to lack of restraint or current financial positions.  Read more...

Upon an assessment of Landlords profit, costs and returns a report has discovered that current rent levels in many cases do not give a profit after deducting Landlords expenses and are in some cases leaving a shortfall. This includes all factors of investment such as refurbishment and borrowing costs, Legal fees, Estate Agents fees and the required EPC and safety certificates.  Read more...

Rightmove property search engine who claims to advertise approximately 90% of all the property for sale in the UK have said that 107,000 new homes were put on the market in the last month. They say that the number and prices of property are suffering due to the current economic climate as a further drop is reported in house prices for new properties marketed in November.

According to Rightmove’s statistics, this is the largest fall in house prices since December 2007. With a severe winter ahead, Estate Agents fear that the figures will only drop further.  Read more...