❌

Reading view

Andy Burnham outlines new rules to outlaw ‘rip-off’ private parking fines

Drivers to get five minutes to decide whether to park and 10 minutes to leave after their session ends

Drivers will get a guaranteed five minutes to decide whether to park and 10 minutes to leave after their parking session ends before they face a fine under new rules for private car parks that Andy Burnham said were designed to outlaw “rip-off” charges.

In the latest in a series of “everyday fixes” to ease the cost of living and give consumers a “fairer” deal, the prime minister said a new official code of practice for the industry meant motorists in England, Scotland and Wales would enjoy a range of new rights.

Continue reading...

© Photograph: Ian Lamond/Alamy

© Photograph: Ian Lamond/Alamy

© Photograph: Ian Lamond/Alamy

  •  

More than half of UK first-time buyers paying more for mortgage than they did for rent

Hamptons says figure of 56% is highest in at least a decade, with mortgage rates rising since start of Iran war

A majority of first-time UK buyers now pay more towards their monthly mortgage bills than they used to pay in rent, the estate agent Hamptons has found.

Last month 56% of first-time buyers said their monthly mortgage bills exceeded their previous rent, the highest proportion in at least a decade, according to Hamptons. They paid £39 more on average.

Continue reading...

© Photograph: UCG/Universal Images Group/Getty Images

© Photograph: UCG/Universal Images Group/Getty Images

© Photograph: UCG/Universal Images Group/Getty Images

  •  
❌