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UK million pound houses - sales increase in 2012
Despite the economic woes of the UK, the number of people splashing out on a property situated on 'millionaire's row' grew last year to reach the highest level since the peak of the housing boom in 2007. Research from Lloyds TSB revealed that there was a two per cent increase in the amount of deals agreed across Great Britain for homes which cost at least ...
30th Apr 2013
.jpg "Price of new build property up by 12% in 5 years")
Price of new build property up by 12% in 5 years
House hunters are paying 12 per cent more for a new property than they were doing five years ago, according to research from the Halifax. The organisation revealed that the average price is now £233,822, nine per cent higher than the cost of the average UK home for all properties. There has been an increase of 40 per cent in the past ten years nationally, up from ...
29th Apr 2013
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CML: Mortgage lending statistics show positivity
The Council of Mortgage Lenders (CML) has reported a rise in house purchase loan approvals throughout March, in spite of others claiming the market is artificially being propped up at the moment. It has been a strong start to 2013 for the UK property market with mortgage lending rising each month on the back of the government's Funding for Lending Scheme (FLS), which it ...
28th Apr 2013
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Knight Frank: British property buyers anticipating house price rises
More people across the UK are now feeling confident about the growth in the price of properties they buy or sell throughout the rest of the year as the market continues to recover, a new study has found. According to the latest study reported in the House Price Sentiment Index (HPSI) from Knight Frank and Markit, it was reported that the average household in the UK believes ...
28th Apr 2013
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Deposit protection scheme dispute - your obligations
In the past few years, the market for buy-to-let properties has seen a number of changes. One of the most significant of these has been the fact that there are more accidental landlords than ever looking to get themselves a slice of the pie by letting out their homes rather than selling them when it is hard to find a buyer. However, while this may seem like a great option ...
26th Apr 2013
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Knight Frank: Student property returns to hit 9.2% in 2013
Investing in the UK property market has always been a popular venture for those who see it as more of a sensible tactic than looking toward finance and currency. Since the economic downturn affected the majority of the globe in 2008 and 2009, people have turned away from the very unstable financial markets and towards tangible assets like houses, which they can opt to rent ...
25th Apr 2013
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Let to buy explained - The new buzzword
We all know that it has been difficult to buy a house over the last few years for any number of reasons caused by the economic downturn. Some of the biggest issues come for those who are looking to move up the ladder, with a purchase of properties for sale often hindered by the fact there are a lack of first-time buyers to take their original homes off their hands. ...
25th Apr 2013
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Tips on how to market your home to rent
The number of people who get into the buy-to-let sector as investors, speculators and even accidental landlords has been increasing in the past few years thanks to the continued strength of the market and the fact that demand remains at a high point. What this means though, is that there are now far more people who feel confident about the health of the private rented ...
24th Apr 2013
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UK landlord responsibilities: Buy to let insurance cover
The buy-to-let market used to be one that was largely populated by professional investors who knew their way around the sector and would be aware of all the ins and outs that can affect it and the way they do business. However, for newcomers, or accidental landlords who came to let their properties because it seemed like the only option for moving house, there may not be as ...
24th Apr 2013
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How to prepare a house for sale: Tips for attracting buyers
When it comes to selling houses, no one wants to be putting theirs on the market and then waiting for a long time to see it sell. Unfortunately this has become more and more common in recent years as the number of people who are getting themselves a house decreases and the rental market is boosted. However, that's no reason to think that you can never sell your own ...
19th Apr 2013