Posts Tagged ‘housing market’
Wednesday, February 24th, 2010
Figures that were recently released by a property website have revealed that properties in the UK are now selling at around 93 percent of their asking price, showing an increase compared to the 88 percent low that was seen in February of last year. This means that those looking to put in an offer on a property need to be mindful about how much they are offering, otherwise they could find that the property is snapped up by another buyer. (more…)
Tags: estate agents, housing market, property prices, real estate
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Tuesday, November 3rd, 2009
There is no doubt that over the past couple of years the UK’s property market has been through an extremely turbulent time, with the near financial collapse resulting in a negative effect on the mortgage and property markets. (more…)
Tags: housing market, property market
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Tuesday, November 3rd, 2009
Over the past few months there have been increases in property prices in the UK, and house price indexes have shown that property prices are now at the sort of level that they were at around twelve months ago, although they are still falling short of the levels they reached at the peak of the property market in the latter part of 2007. (more…)
Tags: housing market, property prices
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Monday, October 5th, 2009
Over recent months property prices in the UK have been increasing slightly, but over the past year and a half property prices have plunged with the UK experiencing a dire property slump. (more…)
Tags: housing market, property prices
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Saturday, October 3rd, 2009
Over the past few months property prices have seen slight increases following eighteen months of dramatic falls, and for many this has indicated that the property slump is over and that the market is getting back onto an even footing. (more…)
Tags: housing market, property prices
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Monday, August 24th, 2009
It seems that no matter what happens first time buyers in the UK are destined to get a raw deal when it comes to trying to get onto the property ladder. (more…)
Tags: first time buyers, housing market, mortgages, property prices
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Wednesday, August 19th, 2009
Banks in the UK have been accused recently of ‘choking’ the housing market by failing to hand out mortgage loans, even to the best buyers with five star credit. (more…)
Tags: housing market, mortgage approvals, mortgages
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Wednesday, August 12th, 2009
Industry officials are forever warning us of the importance of thinking about the future in terms of our retirement and ensuring that we have something in place that will enable us to live comfortably once we have retired. (more…)
Tags: housing market, mortgages, retirement
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Monday, August 10th, 2009
Officials from the Royal Institute of Chartered Surveyors have predicted that there will be an increase in property prices over the coming three months, bringing fresh hope to the millions of people that have been affected by falling property prices since the onset of the global credit crunch. (more…)
Tags: housing market, mortgages, property prices
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Friday, July 24th, 2009
There has been a continued increase in the number of properties being sold in the UK according to recently released figures from HM Revenue and Customs. (more…)
Tags: housing market, property sales
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Tuesday, July 21st, 2009
According to a recent report the average price of property in the UK fell in June following four months of increases. The data comes from the property website Right Move, which claims that in the weeks leading to 13th June property prices fell by 0.4 percent, which took the average property price to £226,436. (more…)
Tags: housing market, property prices
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Monday, July 6th, 2009
Many industry officials have recently been speculating about whether any recovery in the housing market can be sustained, after figures released showed that mortgage interest rates have been increasing for the first time in the space of a year. (more…)
Tags: fixed rate mortgages, housing market, mortgages
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Sunday, December 21st, 2008
Recent figures have shown that rental prices on homes are being driven down as a result of the many homes that remain unsold on the UK’s property market. Property sales have been very low over recent months, and although they have increased slightly over recent weeks due to more realistic pricing from sellers, they did recently reach average lows of as bleak as less than one property sale per week per agent. (more…)
Tags: housing market
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Thursday, December 18th, 2008
As part of the package of measures that was announced in the recent pre-budget report, homeowners who lost their jobs are set to get extra help from the government to ensure that they do not lose their homes. Previously, the government covered interest payments on mortgages for those that had been out of work for at least thirteen weeks and could not meet repayments. However, this was up to a maximum of a mortgage value of £100,000. (more…)
Tags: housing market, mortgage market
Posted in Mortgage News | 1 Comment »
Monday, October 6th, 2008
According to recent reports the Prime Minister, Gordon Brown, has been under increasing pressure over the past few days to follow the example of the United States is devising some sort of bailout plan for the housing market. The US government recently announced a $700 billion proposal that would be aimed at bailing out Wall Street, although the plan has come under severe criticism because it will be the taxpayer that foots the bill, and many are concerned that most taxpayers will not even benefit from the plan. (more…)
Tags: gordon brown, housing market
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Thursday, September 25th, 2008
Most people are aware that conditions in the housing market have become increasingly difficult over recent months, and with the mortgage sector still suffering the effects of the global credit crunch and with house prices falling, many homeowners have found that it is difficult or impossible to sell their homes. Estate agents have reported the poorest performance figures in years and there are even fears that many could lose their jobs due to lack of property sales. (more…)
Tags: housing market, mortgages
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