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UK home affordability calculated as increasing for average workers
Homes across the country are now becoming more affordable for British public sector workers, but the majority of towns still remain out of reach for those who want to get themselves a footing on the UK property ladder. This was the finding of a new study carried out by Halifax, in which it discovered that some 38 per cent of homes are now within reach of this kind of ...
15th May 2013
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Buy-to-let market and knowing the best UK areas
As a landlord, it is important to make sure that any investment you make is targeted at the right people and in the correct area of the country. More and more landlord mortgages are being approved all the time, so it is vital to ensure that you choose the sort of purchase that suits you best. Do you want to look somewhere where demand is very high but so is the ...
15th May 2013
Property news archive
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Tips for selling your home quickly - Finding buyers
Homeowners in certain parts of the country are now beginning to see something of a holy grail in terms of their properties. Not only is it the case that the prices of houses are rising across the nation in early 2013, but so is demand and the affordability for the average worker. In recent months, it has been reported that mortgage volumes are rising alongside prices, and ...
15th May 2013
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Being a good landlord: Know your legal obligations
More and more Brits are now getting themselves into the UK private rented sector as accidental landlords as they are letting a property to tenants that they would not have been able to sell in the current market. While this is a practice that has been increasing in popularity in recent times, it is important that those who choose to partake in such a market realise that ...
13th May 2013
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Becoming a landlord: How to rise above the competition
The private rented sector of the UK property market has been the most lucrative in recent times, meaning landlords have had to battle to make sure they are staying ahead of their competition at all times. This looks set to continue into the future, with the Council of Mortgage Lenders (CML) stating that the market for mortgages in this region of property is continuing to ...
13th May 2013
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Halifax: UK house price index shows improvement in April
The price of purchasing properties for sale in the UK has increased once again in April as more positive sentiment comes into the market, Halifax has reported, although it said that activity still remains more subdued than it should be. The organisation said that the cost of buying has increased by 1.1 per cent in the last month alone as more people come to the market. It ...
9th May 2013
.jpg "BSA: Building societies' lending accounts for a third of mortgages")
BSA: Building societies' lending accounts for a third of mortgages
Building societies made up a larger portion of lending to first timers than at any other time post-crisis in 2012, a figure that is set to improve even further in 2013 according to new findings from Deloitte. The organisation said the Building Societies Association (BSA) found that 2012 had seen this type of lender approve £30.7 billion worth of loans to newcomers to ...
9th May 2013
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DIY tips: Learning the tricks is beneficial in the future
It is spring time, at last, in the UK, and for many of us, that will mean taking part in a serious spring clean of the home, or even going a step further and making use of our DIY skills to spruce up what we have for the warmer months ahead. However, while there are many people the length and breadth of the country who will effortlessly put up a shelf or fit a new bath in ...
9th May 2013
.jpg "NLA: Background tenant checks to include immigration status")
NLA: Background tenant checks to include immigration status
Landlords in the UK property market will soon have another issue to contend with when it comes to letting their properties to tenants, as the Queen's speech has suggested they might have to check the immigration status of those renting from them. At the moment, owners already have to deal with issues such as references, checking that people are employed and have the ...
9th May 2013
.jpg "For those selling homes, noisy neighbours cause major headaches in the UK")
For those selling homes, noisy neighbours cause major headaches in the UK
Homeowners looking to sell their UK property need to overcome a growing number of obstacles when it comes to finding a buyer these days, with space among other aspects becoming more and more important. However, according to a new survey, there are now more people than ever who are looking towards security and a good neighbourhood as their main considerations when buying. ...
8th May 2013