£450K PENSION POT NEEDED TO RETIRE WELL
Recent research1 has shown that savers on an average salary need a pension pot of £447,000 to retire comfortably at the age of 65. This sum would fund their retirement until they were 100 years old, the research suggests.
For full briefing click here. Your Money Autumn 2019
Majority of commercial mortgage brokers optimistic about year ahead
The recently released ‘Broker Barometer’ from Shawbrook Bank has revealed that 67% of commercial mortgage brokers are feeling confident about the lending environment in 2020. Just over half of respondents (53%) stating they feel confident about business growth in the year ahead.
For full briefing click here. Property Market Review October 2019
UK SET TO AVOID RECESSION
Better-than-expected gross domestic product (GDP) data for the latest three-month period has all but dispelled fears of a UK recession this year, although the current rate of growth does remain relatively lacklustre.
For full briefing click here. Economic Review October 2019
Continuing uncertainty in residential property market
The latest Royal Institution of Chartered Surveyors (RICS) UK Residential Market Survey, has reported a decline in home listings coming onto the housing market, with the net balance for new instructions slipping to its weakest point for more than three years at -37%.
For full briefing click here. Residential Property Review October 2019