Rental property a good investment?
One man’s disaster is another man’s good fortune; this could be applied to the property market. As the sales of property slow down to a trickle, the rental market is booming according to a report by Your Move.
This would stand to reason as many people cannot or will not buy a property for various reasons, [...]
Insurance for tenants
The property rental sector has really taken off in the past year or so, and is likely to increase at least while there is a property market which is not looking like a return to the guaranteed investment potential that we have been used to.
However, this increase in tenants has meant that there are other [...]
The mistakes sellers make
For someone who is selling a property getting potential buyers around to have a look at the place is a great thing, especially in the current climate. However, sometimes sellers are inclined to put the buyers off by making some very fundamental mistakes and end up losing the sale.
This is sometimes because the seller is [...]
Adding value to a property
Some people may feel that selling a property under the current financial conditions would be a futile exercise. There ways where some property owners are actually beating the market and selling their homes at a reasonable prices.
The trick is to play the market, home buyers are different at the moment they require different things, they [...]
First impressions count
Getting a potential buyer to have a look at your property in this type of climate means that you are onto a good thing, so why do so many viewings fail to end up in a sale? The main reason is the first impression, as soon as a potential buyer sees the property, they virtually [...]
September 17, 2008Changes to stamp duty
The government has made a small attempt to try and help revive the ailing UK property market, but will cutting the stamp duty thresholds actually make any difference at all?
Well what they have done is to suspend the stamp duty on a property, which is valued at £175,000, or less, this is supposed to help [...]
Is the property crisis over?
Is it possible that we may have seen the worse when it comes to the property market? Well if we listen to what the National Association of Estate Agents is saying, then we may have reached the worse point and can expect a turnaround soon.
However, can we really take notice on what a single report [...]
The problem with Euro mortgages
There was a time when mortgage companies in the UK and in Europe where throwing mortgage offers out to almost anyone who wanted it. But those people who took advantage of the great value of euro to pound exchange rates, could well be feeling the crunch a bit more than everyone else.
This is because of [...]
Foreign buyers not ready yet
Whenever there is some sort of financial problem, this hurts the majority of people who have to suffer or cut back on their standard of living. However, in times like this there are always other people who have financial security, who are able to invest in a slow market.
This is true when it come to [...]
The UK’s most expensive property
It may not come as too much of a surprise that it is Buckingham Palace which is classified at as being the most expensive piece of property in the UK, with a value of just under a billion pounds!
But it is what you would expect to see from house that has seven hundred and seventy [...]
Government has to revive market
There are calls from industry experts for the government to take some positive action to revive the UK’s property market.
This is coming from The Royal Institution of Chartered Surveyors (RICS) who say that recent attempts from the government have been small and has had limited affect on the property market which is struggling to cope [...]