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Feeling a little lost on Brexit? Never really got your head around it in the first place? Let us walk you through it.
The "Lifetime Isa", which has been available since April 2017, is an option for those who want to save up to buy their first home or build a retirement savings pot. For would-be homebuyers, the Lifetime Isa is an alternative to the Help to Buy Isa, which was introduced in December 2015. This helps those who want to buy their first property by paying a 25pc government boost on contributions of up to £200 a month.
The National Housing Federation and charity Shelter examined 86,000 online adverts for rental properties. They found that one in 10 of those adverts requested "No DSS" or "No Housing Benefit". While it is not unlawful to refuse people on benefits, Shelter said it was likely to contravene the Equality Act. The Act protects disabled people and women - who make up the majority of private sector tenants on benefits in England.
Go back a few decades and the average family unit consisted of Mum, Dad and 2.4 children. 2.4 Children also being a popular comedy TV series in the 1990s about an average family. In this actuarially average family Dad was three years older than Mum, and Mum was expected to live three years longer than Dad. Mum would therefore be expected to live six years on her own without Dad, but those 2.4 children would be there to support her. She would not be on her own.
Interest rates are now at their highest level since February 2009 when they were cut from 1% to 0.5%. The Bank cut the base rate to 0.25% in August 2016 before raising it back to 0.5% in November 2017. In its meeting, the MPC agreed that the economic dip in the first quarter was temporary, with momentum recovering in Q2.
