Lanarkshire MSP's warning over UK Government's freeze on Local Housing Allowance

Lanarkshire MSP’s warning over UK Government’s freeze on Local Housing Allowance

In Scotland, 87 of the 90 LHA rates are expected to fall below this level, with estimates suggesting around 45,000 households, including approximately 31,000 children, could be impacted. Clare Adamson, MSP for Motherwell and Wishaw(Image: Clare Adamson MSP) A Lanarkshire MSP has challenged the Labour UK Government to take urgent action on child poverty, warning…

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Average public housing wait time in Hong Kong rises to 5.6 years

    Average public housing wait time in Hong Kong rises to 5.6 years

    Hong Kong’s average waiting time for a public rental flat rose to 5.6 years as of December, marking an increase for three consecutive quarters, as the Housing Bureau attributed the increase to high demand for flats in urban areas. According to figures announced on Thursday, the latest average waiting time for general applicants – family…

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    Warren Buffett's Berkshire Hathaway and Zillow say mortgage rates can't fall enough for Americans to afford a home

    Warren Buffett’s Berkshire Hathaway and Zillow say mortgage rates can’t fall enough for Americans to afford a home

    During the pandemic, home buyers got accustomed to sub-3% mortgage rates, which made purchasing a house feel more achievable. But in the past couple of years, buyers have had no such luck. In late 2023, mortgage rates peaked at 8%. They’ve let up some, today’s 30-year fixed mortgage rate is 6.19%, according to Mortgage News…

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