In the UK the combination of high tenant demand, increasing rents and realistic vendor pricing of properties for sale has been a major driving factor behind the increase in PRS rental yields. Buy-To-Let rental yields increased from 6.1% to 6.7% over the last quarter of 2012, with the biggest jump in the private rented sector […]
Read MoreResidential property values increased by an average of 1.3% in December 2012 but according to the latest figures released by the Halifax, property values are likely to end 2013 at levels close to where they began. The Halifax House Price Index revealed an average residential property price of £163,845 (GBP), up from £161,795 (GBP) in […]
Read MoreProperty experts and economists have predicted that the 2013 residential property forecast for the UK is going to remain much the same as last year. This is good news for all property investors, who are able to get finance, but not welcome news for struggling first time buyers as the UK residential property market remains […]
Read MoreWell it’s January 2013 and it has become a bit of a tradition to start the New Year with inspirational quotes and positive affirmation messages, in order for landlords and property investors to start the year with a positive mental attitude. “Someone’s sitting in the shade today because someone planted a tree a long time […]
Read MoreWhat’s in store for the UK residential property and Buy To Let markets in 2013? Many of the predictions made by respected property analysts have so far been fairly positive in that the state of the UK residential property sales market can’t really get much worse, and the Buy To Let rental market should continue to […]
Read MoreUK Property Prices Still Falling But Its Not All Bad… UK property prices fell faster than expected in November2012, attracting many new buyers according to the Royal Institute of Chartered Surveyors (RICS). In its latest analysis of the UK residential property market, RICS found that: 9% more of RICS surveyors reported property price falls rather than rises, […]
Read MoreUK Property values will remain subdued in 2013 It has emerged that while first-time buyers are continuing to struggle to secure mortgage loans on any type of property, according to UK mainstream mortgage lender, The Halifax. The UK mortgage lender said that while the overall outlook for UK property values “remains more unclear than usual” it […]
Read MoreLenders tell Buy-To-Let landlords they are not allowed to house tenants claiming benefits. UK private rental sector (PRS) landlords with buy-to-let mortgages are being prevented by their mortgage lenders from letting rental properties to tenants claiming benefits. BM Solutions, the buy-to-let brand of the Lloyds Banking Group, is one lender, and Accord, a Yorkshire Building […]
Read MoreBritish Bankers’ Association Announce Good News For Borrowers UK Mortgage lending reached an 11-month high in October, providing evidence that the housing market may finally be picking up, after a lull in recent months, according to the Council of Mortgage Lenders (CML). Gross mortgage lending rose to £12.9 Billion (GBP) and was 4% higher than […]
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