Lack of rental properties could drive up prices

Housing Rental Market

Property rents continue to rise steadily across most of the UK and by Spring 2011 we are likely to see monthly rents reach their peak of April 2008.

Over the coming months, the housing rental market is likely to start highlighting the devastating lack of properties in the market. While people have 'stayed at home' for a few years following the recession, the next few years people will want to rent or buy. Due to a huge lack of funding for buyers and investors, there just won't be the stock available and inevitably this will drive up prices.

Lack of rental properties could drive up prices

Latest House and Local Property Prices

Latest House Property Prices and Local House prices

The property market continues to be subdued in the lead up to Xmas and is likely to go very quiet over the Xmas period.

For 2011, there is a real danger that the lack of properties for sale and a low number of buyers will end up with the market remaining very sluggish. A lack of properties for sale won't help 'kick start' the housing market. If sellers can't see a choice of properties to buy and 'doom and gloom' is constantly reported by the media, their incentive to up and move sticks is very low.

For a detailed property market report - READ MORE

Property Buying Guide Myth No.3

Estate Agents - You must talk to our Mortgage Broker or Advisor!


If you've looked for a property to buy, you'll no doubt recognise the phrase 'You must talk to our mortgage broker' which you may have heard when visiting the local estate agents. So, should you talk to an estate agent's mortgage broker or is this just another property buying myth?

Watch my latest property myth video here!

Property Buying Guide - Myth No.2

All Estate Agents are the Same


How many times have you heard the phrase 'All Estate Agents are the same'? So, are they 'all the same' or is this just one of many property buying myths? And, if you happen to be a first time buyer, this may also help you find a good estate agent and ultimately, your dream first home.


Watch my VIDEO here!

Property Buying Guide - Myth No.1

The perfect property IS out there!

For those of you who have already bought a property, you'll no doubt recognise the phrase 'The perfect property IS out there'. Well is it, or is this just one of many property buying myths? If you're a first time buyer, are you looking for that elusive 'perfect property'?

Watch my VIDEO here

Prices of Houses Sold - Media Reporting

July and August data shows that trying to report on the property market purely covering property prices is pointless. As with any market analysis, it's often the volume figure that is far more interesting.

For example, property sales' volumes started to fall in September 2007, for the Land Registry property price falls weren't recorded until NINE MONTHS later, in June 2008. Over those nine months, the number of properties sold fell by 49%, from 100,000 properties per month to just over 50,000.

READ MORE for my latest summary on the property market. Want to know what's happening to LOCAL HOUSE PRICES in your area, ignore the headlines, let me help you work it out for yourself READ MORE.

Mortgage Best Buys

If you're thinking of buying a property or remortgaging, to ensure you find the best mortgage for your circumstances, follow my Top Three Tips on how to choose a mortgage lender.

There are more mortgage products coming onto the market, and one company that has recently released some new mortgage rates is the Post Office. READ ON for some examples of their new lending rates.

Mortgage Best Buys