First time buyers are being advised to calculate into there calculations when deciding to buy or not that the price of the property they are looking to buy will most certianly be cheaper in months to come. Add to this the oncreasing difficulty and restictions put upon people trying to obtain mortgages including requirements of [...]
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 [...]
Following breaking news from mortgage lender Nationwide we had Breaking Headlines from Sky News. A 1.9% drop in house values in august to bring the total yearly drop to 10.5%, bad news for home owners and especially estate agents who were also included in the report to be closing at a fast and uncontrolable rate.
Is [...]
Apparently I hear that the government could come out and rescue the situation the UK economy finds itself in, but I say how on earth will they do that, simply by digging themselves a deeper hole by increasing the supply of mortgage lending? Looking at the basic figures that effect the way the housing market [...]
Recession now spoken about with more frequency, house prices falling, repossessions figures up, sterling down, inflation up, unemployment rising….. where is it all leading? Will the government come up with yet again another false scheme to keep it all afloat (Or on cloud nine!) or will it all fall? Are you a home owner unconcerned [...]
There are at least 2 million people coming off of fixed rate mortgages in the next few months. With interest rates now higher than when these were originally taken out these people are going to notice a real difference. There is now much less choice of mortgage deals around, this can only lead to a [...]