Home values news (May 2011)

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Latest Home values news

FTBs 'are not missing out' at the moment

The lack of attractive, well-priced properties at the moment means that first-time buyers (FTBs) are not missing out as much as they may feel, one expert has commented. Paul Holmes, chief executive at Firstrung, said that FTBs struggling to gain a foothold on the property ladder due to financial constraints should not worry, as there are very few bargains making investment ...

31st May 2011

House prices in Scotland 'unlikely to rise'

House prices in Scotland are unlikely to rise in the short term, though they may do so in the long run, according to one industry expert. Dianne Paterson, property partner at Russel + Aitken, made the prediction after a new report by the Bank of Scotland showed the cost of owning and running a home in Scotland has risen to its highest level since 2008, in spite of the ...

19th May 2011

Home values news archive

Two-tier property market 'will increase further'

The property market in the UK will continue to resemble a "two-tier" system in the coming months, it has been claimed. Ed Mead, director at Douglas & Gordon, said that he fully expects prices at the top end of the property market to continue to rise throughout 2012. His comments follow the publication of a report by Knight Frank, which showed that prime ...

16th May 2011

Interest rates 'will impact homeowners'

Homeowners need to be aware that interest rates will rise at some point in the coming months, and turning a blind eye to the situation will not help their cause, one expert has pointed out. Ed Stansfield, property economist at Capital Economics, said that some householders need to prepare for mortgage repayments to rise in the months ahead if and when the Bank of ...

13th May 2011

House sellers 'should keep things neutral'

People hoping to sell their property in the near future should aim to keep the interior as neutral as possible in order to make it more sellable, one expert has advised. According to Anna-Marie DeSouza, editor at Build It magazine, homeowners need to think carefully about how they intend to add value to their property in the years ahead. She pointed out that there are ...

9th May 2011

Property to rent 'the white knight' in housing market

The UK's private rented sector has been described as the "white knight" of the housing market by one industry expert, who has claimed it will continue to be a major attraction in the coming months. Malcolm Harrison, property industry expert speaking on behalf of Let Insurance Services, said that the UK is currently experiencing a "mortgage famine", ...

5th May 2011