Reports | OzSeeker

How does a zero-deposit mortgage work and is it a good idea?

21st May 2023 ITV News

Skipton Building Society reintroducing deposit free mortgages for first time buyers The lenders behind a new mortgage hope to turn renters into homeowners by offering deals without deposits. Skipton Building Society has announced a zero-deposit mortgage, specifically targeted at renters looking to buy their first home. The group’s chief executive of home financing, Charlotte Harrison, said the mortgage “has been carefully created with the challenges generation rent is facing in mind, together with the potential risks and challenges they may encounter in the future too.” …visit ITV News to read…

Wages Are Rising Fast Across England, Finally Catching Up to Inflation

12th May 202310th May 2023 Bloomberg

Data through April shows rapid salary gains as the Bank of England prepares to announce another interest rate hike Changing jobs has paid off for millions of middle-income Britons over the past year, according to data analyzed by Bloomberg. Wages soared 10% in the past year for those taking new positions in England, data posted on Reed Recruitment’s platform showed. That’s well above the raises recorded in official data across all jobs in the economy. The figures point to a labor market that remains red-hot, throwing doubt on Prime Minister Rishi Sunak’s…

Ghana becomes first country to approve Oxford malaria vaccine R21/Matrix-M

7th May 20236th May 2023 Sky News

The sign-off is said to be the first time a major vaccine has been approved in an African country ahead of rich nations – and it could end up saving countless lives. Ghana has become the first country in the world to approve a new malaria vaccine developed by Oxford University. R21/Matrix-M was shown to be up to 80% effective in a trial involving 400 children in Burkina Faso, published in September. Malaria kills more than 600,000 people each year, most of them children in Africa, and the search for a vaccine…