What will this do to the Eurozone economy? Germany, along with Italy can officially say that they are in recession and it is predicted that Spain will have to admit to the same failures aswell as France. Let’s not forget that Germany is the largest economy in Europe so this could have a large impact [...]
Reports out today state the the UK economy could shrink by up to 2% next year, the Bank of England has warned, all this as the UK economy faces a looming recession. Predictions of worse times to come in the economy aswell as
Average property in the UK costs now £208,583, that’s nearly £12,000 less than a year ago and the lowest level since March 2007.
Just 35,000 mortgages worth £5bn were taken out by people buying a home in September by figures taken from ‘Council of Mortgage Lenders’. This means a 15% drop
Figures realised from Nationwide say that figures how that house prices in th UK have fallen by 14.6% in the past year. The figures also show house prices are down by 1.4% this month, setting once again, a new all-time low for the Nationwide house price index.
The UK average property price now stands at
According to the Centre for Economics and Business Research (Cebr), house prices are set to fall by 25% by this time next year, that’s ab average of £50,000 off the value of them now. These figures are despite the recent promises and rumours that interest rates are set to
We are seeing more and more reference to the phrase BMV (Below market value) property in the media of recent. Below market value property is usually upto 60% off the current value and usually is a prime target for investers.
At present, investers will not touch anything above 15% BMV and are usually successfully completing purchases [...]
Well, the answer is quite simple – Yes they are, only if they comply with the following in:
A) Correctly priced for todays market. (No longer the days of boom and silly prices)
B) Correct marketing.
C) Negotiated correctly.
It is amazing to think that in such a short space of time, only two years, we have gone from [...]
If you are thinking to market your property online, have you evenr thought of using a video? Though it is great to take some great photos of your property and conjure up all it’s character and embience by writing up a detailed description, what better way to give your viewers and exact appreciation of your [...]
It has been recently reports that some houses in the UK have nearly halved in value as the real estate market plummets amid the global financial crisis. It is in the news nearly every day, the media are tailing it all the time – Property Prices are falling.
If you were fortunate enough to sell at [...]
After one hell of a 10 year + party of spending credit on plastic cards, a large portion of Brits have seen the curtains drawn on all those meals out to restaurants, home gadgets, new cars, holidays etc, etc…. and what a hell of a hangover is going to be suffered.
It’s been spend, spend, spend [...]