Wednesday, February 22, 2017
House prices are continuing to increase, despite a clear message from the government that the exclusion of the most recent generation from the property market is unacceptable: owning a home is still almost unmanageable for much of the population. But don’t give up hope. For those of us who are determined to break their way onto the property ladder, there are some paths that are easier than others. Here are a few of them to get you started.
Monday, February 20, 2017
A recent study has revealed that the price of renting a three bedroom house in London has increased and continues to do so. In contrast, both one bedroom properties and two bedroom properties are actually getting less expensive to rent. The primary reason for the discrepancy is the lack of availability of three bedroom properties alongside an increase in demand, thus allowing landlords to raise their prices.
Wednesday, February 15, 2017
Buying property at auction can seem an exciting prospect – bidding against competition to secure your dream home at an amazingly low price is the dream of any homebuyer, experienced or new to the market. Unfortunately, it’s often not as simple as that. Although the actual process of bidding on your prospective dream home is simple, the implications are great and the stakes high if things should go wrong. Here are some of the major pros and cons of buying a house at auction.
Friday, February 10, 2017
Letting a property can be a complicated process, but one that can yield many benefits when done correctly. Here are the basics of the process to help you on your way.
Wednesday, February 8, 2017
The latest index report by the building society Nationwide has revealed an average property price rise of 0.2% for January. That’s a total increase of 4.3% since January in 2016, leaving the current average price of a home in the United Kingdom at £205,240. However, the lack of long-term stability and the economic uncertainty surrounding the imminent Brexit means that the outlook is not as rosy as one might have hoped.
Monday, January 30, 2017
UK landlords should be aware of changes to income tax that are due to affect them once they are introduced in April of 2017. The Government are also going to be toughening up the mortgage affordability tests which will also have an affect on some, if not many, landlords around the UK.