Housing market confidence its currently at its highest since recession started a few years back. According to the data supplied from the Halifax, they recently indicated that house prices rose by 1.1 per cent last month to an average of £168,521 and have increased by 5.2 per cent in the past year. Interestingly the property web ...
Archive for the 'Recession' Category
House prices over 5 percent rise
House repossession
The one thing no one wants to hear is house repossession in there neighborhood. Its bad for so many reasons. How good it is to read that house repossession is at its lowest for 4 years. The Council of Mortgage Lenders (CML) recently showed the dramatic drop. A recent CML report showed the number of repossessions by mortgage lenders ...
UK housing market recovery in 2014
Back in 2009 we published the article below. So how did it turn out. Are we now starting to see the housing market recovery in 2014 that was predicted? Most are now saying that while there is little or no change, realistically 2019 is the year we will see the prices back to the 2007 peak. The confidence ...
History doesn’t repeat – but it rhymes
"What has been will be again. What has been done will be done again... [Ecclesiastes 1:9] 7 years ago I sat at my trading desk in the City (London), glanzing over old charts of the Dow Jones Index. For some reason I took a calculator and began noting down the difference in time between the old highs ...
5 Easy Ways to Become a Successful Landlord in a Recession
Below are 5 easy ways to become a successful landlord in a recession and certainly we are going through one of the worst to date. With dips, double dips, the economic decline hasnt change direction for some time. With rent arrears more likely than ever and many finding themselves as landlords due to the lack ...
More ways Monopoly Helps Property Developers
Last Year we looked at how Monopoly can teach lessons in the real world of property development. When it comes to selected the right location for investment and knowing whether to make improvements on your home, Monopoly provided some very valuable lessons. Knowing fact and figures as well as the odds of an outcome will also prove ...
Affordable Mortgages
Affordable mortgages aren't a thing of the past. According to the Telegraph today, Mortgages are at their most affordable for 14 years. The claim is based on the average mortgage payments for new borrowers, first-time buyers and home movers. The Telegraph speak of only 27% of disposable earnings needed for mortgages in the fourth quarter of ...
How to fight housing and homelessness
Zoopla decides to show how to fight housing and homelessness. Teaming up with Shelter, Zoopla commits £25,000. The economic situation over the past few years in the UK means many families are struggling to keep a roof over their heads. As a result, property website Zoopla.co.uk has today announced a fundraising partnership with national housing and ...
UK house prices
Phil and Kirsty – Location
Don't you just love Phil and Kirsty, and there back again for another new series. Catch the new series of Location, Location, Location on Wednesdays at 8pm on Channel 4. Phil and Kirsty, like a favourite Aunty and Uncle they almost row in front of the nation on the great show Property experts Phil Spencer and Kirsty Allsop were asked for advice ...
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