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 [...]
Changes 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 [...]
Can buy to let survive?
The simple answer is now, no. That is according to the CEO of Firstrung, Paul Holmes, he believes that buying a property to simply let it out, is now unsustainable and therefore people should only buy a property from now on only if they intend to live in it.
The whole business of buy to let [...]
Where is the most expensive street in the world?
Everyone has their own idea on what it the most expensive street in the world, but in reality the only way to actually decide which street is the most is expensive is to check the property prices. It turns out that Monaco has the most expensive street, Avenue Princess Grace in Monte Carlo. Property prices [...]
August 26, 2008The Current property market
The UK housing market is made up of so many variations that it is virtually impossible to tell is the market is moving up or down. This is because it is not just the properties involved in this equation it is much more than that.
House buyers, especially those looking to buy their first home have [...]
Property developers look overseas
In the UK, the property market is on a knife-edge and it could just take one simple bad piece of news that could bring the whole thing down. However, property developers and estate agents have their collective sights set on foreign buyers to come in over the next ten years.
There have always been foreign investors [...]
Property crash in Spain
Spain has long been the retirement choice for many Brits who have worked hard all of their lives and decided that it is time relax in the sun. However, as the coasts of Spain over the past twenty years have been inundated with investment properties, which has flooded the market.
But now the Spanish authorities are [...]
How to sell your house
Selling a house in a market like the present, is not the easiest thing to be doing, believe it or not there some people out there who are selling their properties. The difference between them and other house sellers is by simply having the right package ready for when the viewing take place.
There are many [...]
Scottish Property Still Rising
Despite the trends in the property market at the moment, it seems that not all is bad within the property market; this is especially true when it comes to Scotland where prices are surprisingly holding on.
In fact to completely throw the current property trend right up in the air, according to some sources the actual [...]
Prince Charles, property tycoon!
It is sometimes hard to realise that the likes of Prince Charles are actually multi millionaires who are heading up huge corporations with a turnover of millions of pounds.
However, it is true, the Princes main business goes under the banner of “The Duchy of Cornwall” this is where the bulk of his income comes from. [...]
Record fall for properties
The Nationwide building society has been keeping records since 1991 when conducted their first housing survey, this now acts a guideline for the current state of how the property in the UK is doing and it is not a pretty sight.
The data collected has shown that the average house price has fallen 1.7% last month [...]
South East property holds on
Listening to the news, anyone would think that the price of property in the whole of the UK is in free fall! However, this is not necessarily so in all areas and is particularly not true in the South East corner of the UK.
Nevertheless, recent reports are showing the price of property in the region [...]
House prices are set to rise
At last, there could be some good news over the horizon, well at least when it comes to property prices. In report which has been published by the National Housing Federation are claiming that within the next five years property prices are set to rise.
In fact they are suggesting a slight increase, they predict that [...]
Average UK house price falls
The UK average house price has fallen this month on the same time last year. This is the first time that something like this has happened in the UK property for a number of years. The property marketing company Rightmove Plc started keeping records in 2002 and this is the first time since their record [...]
July 21, 2008House prices could fall for two years
It is now as we begin to feel the full effects of the credit crunch, when we grasp at any story that tends to be in favour of an upturn in the economy but unfortunately, these good news stories are beginning to get thinner on the ground.
Now the chairman of the Citigroup bank is warning [...]
First time buyers find it hard
First time buyers are having to come up with a whole load of cash in order to get that first step on the property ladder according to the Royal Institution of Chartered Surveyors first time buyers need to find around £27,738 just to get the key to the door of their new home and these [...]