Slower Property Market Growth Predicted for 2015
It’s the beginning of the year and recent reports this week show how the UK Property market is starting to stagnate. This is in vast contrast to the headlines 6 months ago that predicted that property prices will once again double by 2015. It’s almost inevitable that house prices will double again at some point […]
More New Build Homes Reserved for Local Buyers
The UK property market is volatile and downright competitive. It is not an easy task finding the right property at the right price and when you consider the fact you’re competing with buy-to-let landlords, immigrants and foreign investors, the steps on the property ladder grow further apart. But under Labour party leader Ed Miliband’s housing […]
Good Time to Sell Your House Fast
If you’ve been waiting to sell your house, this might be the best time to put your “For Sale” signs up because all signs are starting to point to a property market slow down. On Wednesday the Bank of England said that the amount of mortgages approved fell to just over £61,000 during September that’s down from 64,000 […]
Chinese to Buy Large UK Property Portfolio
Britain’s biggest Buy-to-Let landlords and property mavericks, Fergus and Judith Wilson are ready to retire from their property business and start selling off their portfolio of nearly 1000 homes in in the Ashford and Maidstone area. With more than 900 homes valued between £275,000 and £300,000, the duo are expected to net at least £100m […]
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 […]
Homebuyers are Starting to Slow
The latest figures show that borrowers appetite for home loans has decreased by 5% from 19.7bn to 18.6bn in August. The seasonally-adjusted figure had been flat since the beginning of the year and experts believe this is leading to a property market plateau. The market gradual slow down comes despite gross mortgage lending is 13% […]
Property Investors Make it Tough for Normal Homebuyers
Buy-to-Let has always been one the UK’s property market success stories but at a meeting of the Treasury select committee on the 15th July, MP’s expressed their concern that Buy-to-Let is becoming part of the problem. According to numbers published by the Council of Mortgage Lenders, there were more than 16,000 buy-to-let loans approved in […]
Home Sellers Achieve the Quickest Sale in Cambridge
When discussing the UK-property market, London is the location on the tip of everybody’s tongue but Cambridge has just heated up the conversation. The university town has beaten all of London’s boroughs for the country’s quickest sale time with an average of 27 days between the property being listed and sold according to Rightmove. Cambridge […]
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 […]