Government launches 95% mortgage guarantee scheme The government-backed 95% mortgage guarantee scheme, originally announced in the Budget, was launched on 19 April, aiming to help first-time buyers or homeowners obtain a mortgage with a 5% deposit to buy a property of up to £600,000. The scheme offers lenders the guarantee they need to provide 95% […]
And the world’s happiest pensioners are… In Finland, according to a recent study, which places the Finnish capital of Helsinki as the happiest place to retire. The study also revealed that a pension fund of £225,000 is needed to live out a comfortable retirement in this happiest of cities. The World Happiness Report was used […]
Bank of England: Outlook ‘unusually uncertain’ The Bank of England (BoE) has expressed growing confidence that a near-term recovery is gathering pace, although policymakers appear split over the country’s longer-term economic prospects. Gross domestic product (GDP) figures released by the Office for National Statistics (ONS) showed the UK economy shrank by 2.9% in January as […]
