FTBs hit by gender pay gap

Worrying new research from Compare My Move has revealed that millennial women must save on average for an extra 8 months to secure their first home compared to their male counterparts. On average, British women take 3 years and 8 months to save a 10% deposit while renting, whereas it would take men only 3 years to save for the same house. According to the findings, the gender pay gap for 22 to 29-year-old full-time employees means female savers have around £100 less…

Annual house price growth remains stagnant

This morning’s figures released by Nationwide have painted a rather gloomy picture of the UK housing market. After a largely inactive start to the year, annual house price growth crawled up by 0.4% in February. After taking account of seasonal factors, there was a marginal house price fall month on month. Robert Gardner, Nationwide’s Chief Economist, comments: “After almost grinding to a complete halt in January, annual house price growth remained subdued in February, with prices just 0.4% higher than the same time…

BTL dates extended at Accord

Accord has announced that it has enhanced its buy-to-let range by cutting rates and extending the end dates to August. According to the lender, the new range will include a two-year fixed rate at 1.90% up to 75% LTV with a £1,495 product fee, free standard valuation and £500 cashback. And for landlords who wish to remortgage, the same rates will be available, also coming with £1,495 fee, free standard valuation and a choice of either £500 cashback or free legals and £250…

Prison Break? The CJEU rules on clashing EU and national law obligations on detention time limits

Joske Graat, PhD candidate, Utrecht University If EU law provides for a longer period of detention of a person subject to a European Arrest Warrant, and national law provides for a shorter period, which prevails? If national law is vague about the issue, is that a violation of the ECHR (and therefore also the EU Charter of Fundamental Rights), which provides that detention needs to be ‘lawful’, and so relevant national laws must be precise? In the recent TC judgment the Court of Justice of the European Union (CJEU) provided…