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Monday, June 11
House price inflation may have peaked
by
Jet-to-Let Magazine
on Mon 11 Jun 2007 16:54 BST
Conflicting figures show that while prices surged to 11.3 per cent in April, mortgage approvals have since fallen. House-price growth accelerated in April, suggesting that recent interest rate rises have yet to entirely stifle a resilient property market, government figures showed today. Annual house price gains stood at 11.3 per ... more »
New law to close debtor’s loophole
by
Jet-to-Let Magazine
on Mon 11 Jun 2007 16:51 BST
A new law could see more people with debt problems in England and Wales at risk of losing their homes, according to Citizens Advice. In future, creditors will be able to secure debts against properties, even if the debtor has kept up court repayments. The government says the change will ... more »
Japanese growth revised upwards
by
Jet-to-Let Magazine
on Mon 11 Jun 2007 16:48 BST
Japan grew faster than previously estimated in the first three months of 2007, official figures have shown. The economy grew at an annualised rate of 3.3% from January to March - up from an earlier estimate of 2.4% - thanks to strong factory investment by firms. While economic growth over ... more »
Most buy-to-let landlords looking for 'long-term investment'
by
Jet-to-Let Magazine
on Mon 11 Jun 2007 16:46 BST
The Association of Residential Landlords (ARLA) has said that the typical UK buy-to-let landlord is looking for a long-term investment, which has led to a steady and secure growth in the market. Malcolm Harrison, spokesperson for ARLA, said that although the buy-to-let market is relatively small in comparison to the ... more »
Inflation likely to ease but rates may still hit 6 per cent
by
Jet-to-Let Magazine
on Mon 11 Jun 2007 16:44 BST
Inflation will take centre stage in a busy week of economic data, which analysts will scrutinise for clues about the next move in interest rates.
Having eased from a decade-high 3.1 per cent in March to 2.8 per cent in April, figures tomorrow are expected to show inflation slowing further ... more »
US consumer borrowing slows down
by
Jet-to-Let Magazine
on Mon 11 Jun 2007 16:41 BST
US consumer borrowing has grown at its slowest rate in six months during April, Federal Reserve figures show. Some analysts said that the figures showed that many US consumers were paying off ... more » |
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