Latest house prices stats major challenge for newly qualified dentists
The Office for National Statistics (ONS) has revealed UK house price annual inflation has reached 9.9 per cent. The latest figures, released on 17th June, also reveal that the rate of the increase to UK house prices is escalating month on month.
These are worrying times for all first-time buyers but particularly for dentists who qualify this year. They now need to find on average £196,000 to buy their first home, have the probability of an interest rate rise soon, are subject to a recent tightening of mortgage lending criteria, will already be burdened with student debt and, what's more, are not looked upon favourably by most high street mortgage lenders.
Natalie Williams, a specialist mortgage adviser with PFM Dental says: “Many dentists are leaving university with significant levels of student debt and at the same time are facing an increasingly challenging housing and mortgage market. All the indicators point to securing a house purchase as soon as possible. Most high street mortgage lenders won’t lend to self-employed dentists within three years of their leaving university so it is essential they get specialist mortgage advice in order to secure the necessary loans.”
Your home may be repossessed if you do not keep up with payments on a loan secured against it.
For more information contact pfmdental on 0845 241 4480 or visit www.pfmdental.co.uk
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GDPUK Ltd announces sale of intellectual property to leading publisher Cogora Group
GDPUK Ltd today announces the sale of its intellectual property assets to Cogora Group, one of the UK's leading publishers of healthcare brands, events and educational platforms.
The decision to sell GDPUK’s intellectual property forms part of a considered transition to ensure the long‑term stewardship and development of the brand and associated assets. Cogora brings a wealth of experience and expertise to support the continued evolution of the dentistry brand within its wide portfolio of market-leading healthcare publications. Its award-winning titles include Pulse, a long‑standing and widely recognised source of political news and clinical education for GPs, Nursing in Practice, Management in Practice, The Pharmacist, Pulse PCN and Healthcare Leader, as well as two secondary care publications – Hospital Healthcare Europe and Hospital Pharmacy Europe. The purchase will cement Cogora as the biggest publisher of primary care titles in the UK and allow it to bring its expertise in providing news, analysis, opinion and groundbreaking stories to GDPUK, as well as continue giving dentists and dental staff a voice through its website.
“After careful consideration, we believe that Cogora is well positioned to take GDPUK’s intellectual property forward,” said Tony Jacobs, founder, editor and publisher of GDPUK.com . “This transaction provides continuity for the professional community associated with GDPUK and creates opportunities for future growth under experienced ownership.”
Tony will continue involvement in GDPUK on a consulting basis.
GDPUK Ltd has worked to ensure an orderly transfer of the intellectual property and wishes Cogora every success in its future development.