Difficult Times Ahead for UK Landlords
When you look on the surface, the property markets numbers paint a bright, positive future for UK landlords but when you look closer things become clouded and complicated. Over the last 6 months, 41% of landlords have reported a rise in tenant demand. This has lowered the time of average void periods and ensure stability […]
UK House Prices Are More Expensive Than Ever
UK house prices are up 11.7% year on year and have reached a new record high of £272,000, according to official report from the Office of National Statistics. Several UK regions, including East Midlands, West Midlands and South West saw all-time high property price rises in the month of July. These regions have joined London […]
First Time House Buyers are Paying More
The May lending figures are in and they give us our first glimpse into the effects of the Mortgage Market Review. The figures suggest that the impact is subtle and despite predications that the stricter regulations would prevent first time house buyers from climbing on the housing ladder, first time buyers are still making up […]
House Prices Continue to Rise
According to data from Halifax the house prices have fallen for the third time in four months and fell 0.6% in June. Furthermore, a survey of U.K. households found that people believe that housing prices will continue to ease throughout the year. Around 1-in-13 property owners expects the value of their property to decrease by […]
Latest News – House Sales go up During March
The numbers for March 2014 are in and they are looking positive for both buyers and sellers. March was an active property month with over 70,000 residential properties in Wales and England lodged for registration, up by more than 40% from 2013, and range from £10,000 to £20m in price. The housing prices in March were […]
Osborne Says the UK Economy is Predicted to Grow
George Osborne has recently declared “Britain is coming back” when he saw the official numbers of 2014 that have shown that the UK’s economy is growing at it’s fastest rate in more than 7-long years. Osborne’s enthusiasm is justified as Britain is finally in an arms reach of its pre-recession size. The gross domestic product […]
New Mortgage Rules Make it Tougher for House Sellers
The 2013 property market saw it’s greatest improvement since the economic crisis. There were more buyers, more sellers and the positive numbers were expected to continue into 2014 but the new mortgage rules have some experts concerned. On April 26th new rules for potential home loan borrowers were implemented. These changes follow the Mortgage Market […]
Could Selling Your House at Auction be Better Than a Estate agent
The auction house is once again becoming a popular place to be. With the current state of the property market being way beyond just green shoots and buyers once again scrambling to get on the property ladder in fear of missing out. Previously only Cash Buyers could Buy It was only a few years ago […]
Who is Buying Your Property?
The property market has had a lot of coverage in the news this week. It’s a fact that property prices have been rising at a rapid rate and there is much speculation that they will continue to do so. Analysts are predicting a average yearly price rise of 6% per annum and the surprising figure […]
Tips For When You Buy A New House
Contrary to popular belief, buying a new home does not mean that your property will remain problem free for the first ten years. New homes, just like new cars, need to be run in. They have to be given a chance to dry out in order to avoid common problems such as condensation and shrinkage, […]