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Engagement ring stolen at wedding subject of £1,000 reward

The family of a bride who's engagement ring was stolen on her wedding day are offering a £1000 reward to try and get it back before the couple return from honeymoon.

The ring was in a handbag taken from the lobby of St Peter ad Vincula Church in Wisborough Green, Sussex. The theft understandably put a dampener on the couple's special day - who then tried to track it down with a mobile phone.

Andy Dickenson reports and speaks to the groom's father Mervyn Granshaw.

  1. National

House prices rise for 13 months in a row

Nationwide report showing property prices have risen by 11.1% over the last year also marks the second month in a row where annual growth in property values has hit double digits, following a 10.9% year-on-year uplift in April.

House prices have leapt by 11.1% over the last year in the strongest annual growth seen since June 2007, Nationwide has reported. Credit: PA

But on a monthly basis, prices rose by 0.7% in May, which represents a slowdown compared with the 1.2% monthly increase seen in April.

Property values have now been edging up for 13 months in a row on a month-on-month basis. Across the UK, average house prices now stand at £186,512.

Robert Gardner, Nationwide's chief economist, said it is "too early" to say whether the housing market is seeing the start of a cooling trend.

Mr Gardner said some signs of a slowdown may partly be due to toughened mortgage lending rules introduced in April, "which may take a few months to bed down".

Seaside homes get property price boost

On average, property prices in seaside towns have grown by 42% in the last 10 years to reach £196,826, according to Halifax.

But the typical price tag on a seaside home is still over £42,000 cheaper than the average house price across Britain, at £239,518.

Craig McKinlay, mortgage director at Halifax, said: "Seaside towns provide a unique lifestyle opportunity and remain popular places for people to live, while also attracting those looking for second homes or holiday properties which can place additional upward pressure on house prices.

Here are the 10 most expensive seaside towns according to Halifax, with the average house price:

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  • 1. Salcombe, South West, £615,344.
  • 2. Sandbanks, South West, £574,089.
  • 3. Aldeburgh, East Anglia, £446,576
  • 4. Padstow, South West, £381,812.
  • 5. Dartmouth, South West, £373,173.
  • 6. Wadebridge, South West, £371,670.
  • 7. Lymington, South East, £359,802.
  • 8. Budleigh Salterton, South West, £356,172.
  • 9. Mawes, South West, £329,998.
  • 10. Lyme Regis, South West, £326,813

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Charity warns that risk of home repossession is high in the South West

Homes under threat Credit: ITV news

More than 13,000 homes in the South West are at risk of eviction or repossession, the equivalent of 253 households threatened every week, according to new figures released today by Shelter.

The housing charity has revealed the hotspots across the South West where people are most likely to face losing their home, showing Gloucester at the top of the list, followed by City of Bristol, Weymouth and Portland and Bournemouth.

Shelter is warning that despite the economic recovery, growing numbers of families are still set to struggle in the future. It predicts that with the majority of families already struggling month to month with their housing costs and interest rates set to rise, many could soon hit danger levels.

The charity is stressing that people must get advice as soon as possible to prevent arrears from spiralling out of control, and start preparing for future mortgage or rent rises.

Property market shows no sign of slowing down according to Rightmove survey

According to Rightmove the price of property coming to market is now 8.9% higher than a year ago. They say it's the market's highest annual rate for over six years, since October 2007 (+10.4%)

Strongest growth is in London up by ‘frothy’ 16.3% and while the capital’s momentum is spreading, the rest of the country is only up by a more modest average of 4.9%, failing to fit the ‘bubble’ narrative

Rightmove report the average asking price in London is up by nearly £80,000 so far in 2014 – or £4,500 a week – yet the national average excluding London is £1,500 a week highlighting the disparity between London and the rest of the country

This 3.6% rise is the largest ever measured at this time of year and has not been exceeded since April 2002. This pushes the national average to £272,003, a new record high

– Rightmove survey

Wealth goes up for old and new money in this year's rich list

The 1,000 richest Britons now own the equivalent of a third of the nation's gross domestic product (GDP), with their combined wealth rising 15.4% on last year's total of £449.654 billion. A minimum of £85 million is needed to even be considered for the list this year - up £5 million on last year.

To get into the top 500, the rich need £190 million - up £30 million from the £160 million cut off point for last year's list. Experts say the richest people in Britain have had an astonishing year.

Most distinguished among the old money names, the Queen had a sterling year as she added £10 million to her personal fortune and is now ranked 285 with £330 million. Actress Emma Watson, 24, who went to school in Marlborough is now estimated to be worth £30 million, up £3 million on last year.

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