It has been revealed that action being taken by the Ministry of Justice could result in a greater degree of protection for homeowners that could otherwise be at risk of losing their homes because of their inability to make repayments on personal debts such as credit cards. (more…)
Posts Tagged ‘real estate’
Increased protection could be put into place for homeowners in debt
Thursday, February 25th, 2010
Properties selling at 93 percent of asking price
Wednesday, February 24th, 2010Figures 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…)
Five year tenancies to be given with sale and rent back schemes
Friday, February 19th, 2010Over recent years there has been a lot of concern over sale and rent back schemes, and this is where a company buys a person’s property for a percentage of the market value and then rents it back to them. (more…)
Older homeowners warned about eviction threat from sale and rent back operators
Thursday, February 11th, 2010A warning has been put out for older homeowners that may be looking to release equity from their homes, with officials concerned that many of these homeowners could end up at the mercy of sale and rent back operators that are nohttp://www.glitec.co.uk/wp-admin/post.php?action=edit&post=1680&message=6t operating to FSA regulations. (more…)
Generate money from your home whilst you are away
Saturday, February 6th, 2010It is no secret that many homeowners these days are experiencing difficulties when it comes to making their mortgage repayments and making ends meet financially, even with the base rate at an all time low of just 0.5 percent. (more…)
Property prices still strong according to RICS
Friday, January 8th, 2010Surveyors from the Royal Institute of Chartered Surveyors have stated recently that property prices in the UK continue to be strong, and earlier this month reported that they were actually increasing at their strongest level in around three years. (more…)
Rise in the number of landlords obtaining buy to let mortgages
Monday, December 7th, 2009Figures that have recently been released by a mortgage group have suggested that a rising number of landlords are adding to their property portfolios by obtaining buy to let mortgages. (more…)
Bloomberg survey suggest up to five years for full house price recovery
Friday, December 4th, 2009Since property prices reached their peak in the UK in October of 2007 the value of homes in the nation have plunged, with many homeowners seeing tens of thousands of pounds being wiped off the value of their homes. (more…)
Homeowners given advice on making money from their home
Monday, November 23rd, 2009In the past many people with their own homes were reliant on the equity in their properties to provide them with financial stability in the future. (more…)
Falling House Prices Affects the UK Real Estate Market
Wednesday, March 25th, 2009With the world in a recession, house prices in the UK have fallen to levels not seen since March 2005. There has been a drop of 15.1% in prices in the past few months and in January alone, the housing market suffered a 0.8% decrease in prices. (more…)