Where to buy a houseboat
For those of you interested in a home that floats, here are some suggestions for houseboats around the country. First is The Lead Balloon in the Wenlock Basin, Islington (pictured) with prime central London mooring, on for £67,000 (a pretty good price for a central London address). The hull was re-blacked, a new water pump installed, and the engine fully serviced in 2012. For £76,500, Quais Seperabis is a Dutch Barge/Houseboat with private moorings in central Hebden Bridge. It is around 50ft long and has two bedrooms. Also with two bedrooms is a newly refurbished houseboat with French style log burner and Victorian style roll top bath at Shoreham-By- Sea, on for offers above £80,000. Here is a fuller list of houseboats for sale
Could longer tenancies help to reducing rent arrears?
According to figures from Upad, over three quarters of tenants spend up to 40% of their monthly income on rent, a 10% increase compared to one month earlier, with 4 in 10 saying that they were only renting because they could not afford to buy. James Davis, CEO of Upad, said that extended tenancies would allow tenants to better plan ahead financially and help to reduce large rent hikes every six to 12 months as is often seen when standard Assured Shorthold Tenancies are renewed.
“From a traditional letting agent’s perspective, shorter tenancies are good news as they get to charge renewal fees or additional payments if a new tenant moves in,” said Davis, “but from the tenant’s perspective, this can become costly and often unnecessary. As a landlord myself I can see the benefit in long term tenancies as it allows the tenant to budget further into the future, reduce any void periods between shorter tenancies and have someone in your property who views it as their home and so will take better care of it.”
Building society mortgage approvals now account for 29% of all approvals
The figure is the highest level in a decade, according to Castle Trust. Building society gross lending has increased 65% since 2009 (£18,574 billion to £30,701 billion in December 2012). Sean Oldfield, chief executive officer, Castle Trust said: “The recovery of the mortgage market since 2009 is as much a story of the strength of building societies while they have adapted and innovated as it is about the retrenchment of the bigger banks. The record level of approvals demonstrates their commitment to meet the needs of responsible borrowers and to work in partnership with customers.” Castle Trust analysis suggests that 35 out of 40 mortgage best buy deals in January 2013 across fixed, variable and buy-to-let deals are provided by building societies.
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