The UK vote for Brexit has resulted in massive economic consequences, especially on the currency markets. This post discusses the Brexit effect on euro exchange rate.
With the festive season looming, it’s hard not to notice retail stores brimming with Christmas merchandise, streets amassed with Christmas decorations and radio stations playing our favourite Christmas songs, but when is it too early to start celebrating? A new study from HomeLet, who surveyed 2000 UK based tenants to delve deeper into this tireless debate and to explore how the British public feel about the notion of celebrating Christmas cheer. Are we a nation of grinches or are we...
Despite the fact it makes the world go round, over half of Brits believe that that talking about money is a bigger taboo than sex, religion, or politics. And unlike those in countries such as Norway and Sweden, where financial transparency is openly encouraged, we have no idea how much our colleagues are earning. This gives us a tough task when it comes to negotiating our salaries. There are tools out there that can help us estimate how much our...
Over the course of the last year, adult children have ‘borrowed’ a total of £708 from their mums and dads.
In April, the UK's construction sector returned to growth due to a rise in house building, as Reuters reported. However, commercial activity in the sector actually continued dropping in April, with political uncertainty blamed for delaying spending decisions. The protracted slowdown in commercial property building has understandably sparked concerns, and it could have various implications for London commercial builds in particular. A bittersweet month for the UK construction sector In April, the IHS Markit/CIPS construction Purchasing Managers' Index (PMI) hit...
This is a tough time for the UK gambling industry. Like most sectors of the UK economy, it is waiting to see if Brexit will hit future profitability. In addition, over the last few months, UK gambling companies have been hit by a series of regulatory blows that have struck at the core of their business model. The highest profile blow to the £14.5 billion UK gambling industry was the UK government’s reform of the rules on Fixed Odds Betting...
Probate refers to the administering of a deceased person’s property without an existing will or guidelines. The court is charged with the mandate to appoint an executor or an administrator to be in charge of the collection of any unclaimed assets of the deceased, paying liabilities and debts, and also distributing assets to beneficiaries determined by the executor or named in the will (if there was a will). If there is a will, the estate executor will apply for ‘Grant...
Buying property is stressful. As an estate agent, I found the main reason for my client’s frustration was a lack of understanding as to how a property transaction works. There is an unwritten etiquette that estate agents want you to abide by to make the process smoother for all involved. This is a step-by-step guide to purchasing a property. Whether you’re an experienced portfolio landlord or a first-time buyer, the information covered in this article will give you some pointers...
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