Posts Tagged ‘mortgage’
Now ‘a good time for property investors’
Posted on 28/11/2011
Individuals considering purchasing a buy-to-let property and becoming a landlord may be pleased to hear one expert’s comments about the market. Dianne Paterson, property partner at Russel + Aitken, claimed “conditions are still strongly favouring those who are in a position to buy”. She explained how although it is “too early to predict” how things …
Buy-to-let loans ‘on the rise’
Posted on 18/11/2011
Letting agents may have noticed an increase in the number of individuals purchasing buy-to-let property as the number of loans for such investments has reportedly increased. New data published by the Council of Mortgage Lenders (CML) has revealed money lending increased by 16 per cent in the third quarter of 2011. In this period, there …
Buy to let mortgages ‘are available’
Posted on 03/11/2011
The availability of buy to let mortgages for UK landlords is continuing to increase, according to one expert, who has noted that rates are still relatively high, however. Alan Ward, chairman of the Residential Landlords Association (RLA), made the comments after figures form Haart revealed that demand for buy-to-let mortgages has risen to 16.8 per …
FirstBuy – The stepping stone into home ownership
Posted on 13/10/2011
Are you a UK resident struggling to secure a mortgage as a result of the large deposits required? FirstBuy, a brand new government scheme could be the perfect option to get you on the property ladder more affordably. Visit our FirstBuy microsite now to see what’s on offer near you! For years, home-ownership has been …
Buy-to-let mortgages continue to grow in popularity
Posted on 29/09/2011
The National Landlords Association (NLA) has reported a continued increase in the popularity of buy to let mortgage products. A survey by NLA Mortgages found that the number of schemes provided during the second quarter of 2011 grew by 25% when compared to the first three months of the year. Average loan sizes also increased …
Home ownership at lowest level since 1980s
Posted on 06/09/2011
Home ownership in England will slump to just 63.8% over the next decade – the lowest level since the mid 1980s – as an entire generation are effectively locked out of the housing market, according to a new study commissioned by the National Housing Federation (NHF). Huge deposits, combined with high house prices and strict …
UK house prices ‘will hit all-time high by 2015′ with average prices climbing by 14%
Posted on 24/08/2011
The price of an average house will rise 14 per cent over the next four years, reaching the highest ever recorded in Britain, a report will say today. Respected analysts the Centre for Economics and Business Research predict the typical home will be worth more than £200,000 by 2015, up from its current £176,000. While …
Optimism soars among landlords for buy-to-let prospects
Posted on 23/08/2011
Almost a quarter of landlords are feeling more optimistic about the prospects for their property portfolios, rental income and yields. They are helped by a perception of availability of buy-to-let finance: 22% in the second quarter of this year said that it was reasonably available, compared with 17% in the first quarter. According to Paragon …
Rise in number of buy-to-let mortgages
Posted on 22/07/2011
Half of mortgage intermediaries reported that buy-to-let applications increased during the second quarter. The Financial Adviser Confidence Tracking (FACT) Index, carried out by specialist buy-to-let mortgage lender Paragon, found that on average, the intermediaries interviewed conducted 5.4% more buy-to-let business in Q2 than in the first quarter. Availability of buy-to-let finance also improved significantly during …
Mortgage lenders continue to let down house hunters
Posted on 05/07/2011
Buyers are still failing to overcome the significant barriers to home ownership that the current housing market represents, according to the National Association of Estate Agents (NAEA). The latest monthly market report from the NAEA showed only slight decreases across supply and demand during the month of May, when 275 people registered with a branch, …
Brits encouraged to consider renting over home ownership
Posted on 03/06/2011
The positives of renting a property have been expounded by an industry source, who suggested people might benefit from not owning their home. Paul Holmes, chief executive of first-time buyer specialist Firstrung, accepted that it is easy to sell a house in a bull market, but when the sector goes bad it can leave individuals …
Top Tips for Buy to Let Properties
Posted on 06/05/2011
If you are looking at buying, or already own a buy to let property, then there are many things to consider. Purchasing a house and finding a tenant are not the only issues, there are other matters to be taken into consideration when letting a property; such as the kinds of specific insurance your property …
