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House prices up by 0.4 per cent in November

House prices rose by 0.4 per cent in November according to the Hometrack monthly survey. The average house cost £146,500 in November up from £145,900 in October. The highest house price rises occurred in Cumbria at 1.5 per cent, North London – 1.1 per cent, Hereford and Worcester at 0.9 per cent and mid Wales – 0.9 per cent. No counties experienced falls but both the Isle of Wight and Wiltshire reported flat prices with no change.

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House prices continue to rise in London – Hometrack

House prices rose by 0.4 per cent in London in November, up from October&#39s rise of 0.3 per cent according to Hometrack. Prices fell in two boroughs, rose in 24 and remained the same in seven. The highest price rises were in Waltham Forest (1.5 per cent), Bromley (1.4 per cent), Enfield (1.4 per cent), […]

Sipps outperform stakeholder funds

Stakeholder default funds are performing significantly worse than Sipps invested in unit trusts, says Hargreaves Lansdown. Its research shows the average performance of 17 major default funds is -10.3 per cent since the birth of stakeholder in April 2001. This compares with an average performance of -5.4 per cent for its 17 most popular unit […]

Holloway planning to make IP cover friendly

Holloway Friendly Society is offering an income-protection product which it says differs from traditional offerings as it will not negatively affect people in higher-risk occupations. The society claims the New Classic Plan has been designed to overcome the consumer drawbacks of income protection. Only 11 per cent of the UK workforce are covered by IP. […]

Painless extraction

Anybody who runs their own business should be aware that they are making an investment. Whenever a business owner makes a choice with regard to the use of funds in the business, an investment choice is being made. Much like any other investment, a business is a means of delivering an income – usually taken […]

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