More than a third (36 per cent) of all properties sold last year were in areas where the average home was unaffordable for first-time buyers
Average property prices equivalent to more than five times the average income of first-time buyers
Tale of two cities: Brighton and Southampton at different ends of the affordability spectrum despite being separated by just 70 miles
Soaring house price
Cost remains a key destination decider for UK holidaymakers
Despite concerns about costs, only a third of holidaymakers keep to their budget on overseas trips – with average resort overspend of 26 per cent
Value still key to destination choice: Spain rates best and Thailand is best long haul
Families are far less positive than individuals about value in Cyprus, Croatia, Mexico and Bulgaria
While sterling has slumped to a 22-month low against the euro and is significantly weaker than a year ago against most European currencies, it has strengthened against currencies for top long haul destinations.At a time when pundits are reporting a surge in demand for long haul packages because these now come close to matching the cost of European holidays¹, intelligence from the latest quarterly
Post Office Money has today enhanced its already competitive mortgage range by announcing new fee-free mortgage deals, including the lowest Help to Buy two-year fixed rate mortgage in the market for a product without an arrangement fee.*
The new range of mortgage deals includes:
80% LTV 2.28% two-year fixed rate mortgage**
80% LTV 3.03% five-year fixed rate mortgage **
85%
Up to 61 Post Office branches will relocate to WHSmith stores
The Post Office today announced a new 10-year agreement with WHSmith to relocate more Post Office branches into the UK retailer’s modernised stores, keeping services on high streets throughout the country and bringing further investment for customers.
WHSmith currently operates 107 Post Office branches from their stores. Under th
10th annual Post Office Travel Money Holiday Costs Barometer reveals best value European hotspots (www.postoffice.co.uk/holidaycosts)
Cheap local prices in the 10 best value resorts cushion the impact of sterling’s slide
Prices may be up on 2015’s record lows but tourist staples are still up to 23 per cent lower than in 2014 and are up to 45 per cent cheaper than five years ago
Sunny B
Clean sweep for Eastern Europe in 2016 City Costs Barometer: Warsaw heads cities that fill eight of the best value top ten (www.postoffice.co.uk/citycosts)
Lisbon is Western Europe’s cheapest city – overtaking Athens
Prices are up in 80 per cent of cities: biggest rise of 28 per cent in Dublin
Meals and drinks are lowest-priced in Prague
UK tourists planning city breaks in Europe this sprin
Post Office Money has today enhanced its already competitive mortgage range by announcing new fee-free mortgage deals, including the lowest Help to Buy two-year fixed rate mortgage in the market for a product without an arrangement fee.*
The new range of mortgage deals includes:
80% LTV 2.28% two-year fixed rate mortgage** 80% LTV 3.03% five-year fixed rate mortgage ** 85% LTV 2.3
70 per cent increase in average value of payments sent abroad for wedding-related expenses
73 per cent of travel agents report increase in demand for weddings located on a beach, with Cyprus, the Caribbean and Greece amongst the top destinations
Couples concerned about foreign exchange costs can plan ahead and fix rates up to a year in advance
Apparently life’s a beach when you get ma
Three quarters (74 per cent) of millennials plan to post digital dedications this Mother’s Day Physical cards still reign supreme in mum’s eyes One in six (14 per cent) admit posting cyber celebrations because they love getting likes and shares by others
02.03.16: New research from Post Office has revealed that almost three quarters of millennials (74 per cent) plan to send their
The UK’s parents and grandparents have spent £18billion in the last year supporting their adult children* and grandchildren Nearly one in five (18 per cent) parents and grandparents fully support the lifestyles of their offspring 17 per cent who provide financial support say they helped to pay off their child or grandchild’s debt A third of total savings pots are put aside specifically for t
Two out of five UK workers (38 per cent) earned less than the average UK property gained in value over the last 12 months House prices increased by an average of £18,119 over the last year – 69 per cent of the average wage (£26,426) UK workers only caught up to their house’s ‘earnings’ by 4th September last year However, annual property earnings have fell by £5,800 compared with the previo
