After a year of relatively “good news” for the property market, properties are now taking longer to sell while choice for buyers is starting to increase as more properties come onto the market for sale, the result being, recent property price movements suggests property prices are likely to slip in the second half of 2010.
What to do if you are a Seller
What to do if you are a Buyer
Thursday 29 July 2010
Thursday 22 July 2010
House Property Prices - June's Analysis
June's property market data shows a definite stalling of buying and selling a home. On average, the number of buyers looking to purchase is at best staying the same but in many areas demand is falling. Meanwhile the number of properties for sale is on the rise.
Sales volumes are up by over 50% versus last year - but still not as high as 2006 levels. Prices are 'in theory' up by 5-8% year on year, but most of this growth seems to be due to price rises in London and the increase in more expensive properties above £1 million.
For an indepth and full analysis of what's happening in the property market READ MORE.
Sales volumes are up by over 50% versus last year - but still not as high as 2006 levels. Prices are 'in theory' up by 5-8% year on year, but most of this growth seems to be due to price rises in London and the increase in more expensive properties above £1 million.
For an indepth and full analysis of what's happening in the property market READ MORE.
Monday 19 July 2010
Confessions of a Slum Landlord
We've all probably been wondering what the impact of the reduction in LHA is likely to do and this is a great article from Claer Barrett, which succinctly explains the ups and downs of LHA - Confessions of a Slum Landlord.
Thursday 15 July 2010
Why renting without using experts can leave you penniless and homeless!
Renting Property Guide - Why renting without using experts can leave you penniless and homeless!
With the enormous growth in the number of people renting a property rather than buying, there is a increasing problem with many tenants not asking key questions of landlords and/or letting agents prior to handing over any money.
Sadly, despite the previous government introducing some excellent legislation to protect tenants, many of them either have no idea about the rules and regulations that have been introduced or worse still, few bother to carry out any checks on their landlord or letting agent.
READ ON for key questions to ask a landlord/letting agent.
With the enormous growth in the number of people renting a property rather than buying, there is a increasing problem with many tenants not asking key questions of landlords and/or letting agents prior to handing over any money.
Sadly, despite the previous government introducing some excellent legislation to protect tenants, many of them either have no idea about the rules and regulations that have been introduced or worse still, few bother to carry out any checks on their landlord or letting agent.
READ ON for key questions to ask a landlord/letting agent.
Thursday 8 July 2010
Prices of New Homes in UK remain steady
May's prices suggest a small rise year on year which Smart New Homes is getting quite excited about, however it's clear that prices are better than last year, but they aren't really moving forward at a pace.
To find out all the up to date new build analysis, headline statistics and regional performances, READ ON.
To find out all the up to date new build analysis, headline statistics and regional performances, READ ON.
Thursday 1 July 2010
Summarised Lettings Market Trends at Lettings Live Awards
Presented some startling facts, figures and trends on the UK lettings market, highlighting key trends that letting agents (landlords and tenants) could look forward to and ones they needed to be wary of.
In summary, the key strengths for the lettings market was the fact that there had been a positive cultural shift in young people’s attitude to renting, such that according to research from Keynote, 19/20 16-19 year olds expected to rent in the private sector in the future. In fact, nearly one in two people under the age of 24 already do!
To find out the trends of the UK lettings market READ ON.
In summary, the key strengths for the lettings market was the fact that there had been a positive cultural shift in young people’s attitude to renting, such that according to research from Keynote, 19/20 16-19 year olds expected to rent in the private sector in the future. In fact, nearly one in two people under the age of 24 already do!
To find out the trends of the UK lettings market READ ON.
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