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20% rise in first-time buyers as banks show faith


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16 Aug 2013

The number of first-time buyers has soared to the highest level in six years, according to a new report.

The report by Halifax found that there were 120,000 first-time buyer house purchases completed in the first six months of this year, a 20% year-on-year increase.

Improvements in the housing market, combined with government initiatives such as Help to Buy have made it easier for buyers in their 20’s and 30s to get on the property ladder....

Mortgage approvals up 33% on a year ago


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12 Aug 2013

Residential mortgage approvals are up by a third compared to a year ago according to the British Banking Association.

House purchase mortgage approvals by high street banks last month were 37,278 – up from 36,290 in May, and although this figure is below the 38,000 mark predicted by analysts it represents a 33% year-on-year increase from 2012....

Increase in number of children injured by falling televisions


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7 Aug 2013

There has been a sharp increase in the number of children injured by falling television sets.

According to figures from the US the number of children injured by television sets has risen from 5,455 in 1990 to 12,300 in 2011. 

Innovations in technology producing thinner, lighter, less-sturdy television sets, many of which are wall hung, as well as changes in locations of television sets around the home, are thought to be factors. ...

Big Brother-style flat to teach young people skills to live independently


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5 Aug 2013

An exciting new project called ‘The Money House’is to teach young people the skills they need to live independently in a 'Big Brother' style flat in Greenwich. 

Local Councillor Steve Offord and Directors from housing association The Hyde Group recently visited the flat where 16-24 year olds spend a week learning basic skills such as cooking, cleaning and how to budget their money.  ...

Property crime drops by half since mid-90s


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15 Jul 2013

Property crime has fallen by half since the mid-1990s, new data shows, as thieves increasingly move towards targeting expensive portable items.

Vandalism, car-related theft and burglary dropped substantially, according to the Office for National Statistics (ONS), while lower-volume personal thefts continued to rise.

ONS says that the changing trends are mostly down to a growing preference for targeting high-end portable items such as MP3 players, smartphones and tablets, which are more difficult to protect against theft....