Author Archives: arriba
April 1, 2015
First time buyer deposits rise steeply
Lower stamp duty bills for new purchasers are causing first time buyer deposits in the UK to go up by 15% a year, according to a recent analysis. The Wimbledon estate agents Robert Holmes, have said that the average deposit was £29,127 in January, which is an increase of 7% in comparison to December 2014, with […]
March 16, 2015
UK First Time Buyer Deposits Soar
First time buyer deposits in the UK are soaring by 15% a year due to lower stamp duty bills for new purchasers, according to a recent analysis. Robert Holmes, an estate agents in Wimbledon mentioned that the average deposit was £29,127 in January, an increase of 7% in comparison to December 2014, with first-time buyers […]
January 21, 2015
Why Mortgage Brokers are better Than Price Comparison Sites
With the increasing amount of price comparison sites that have popped up over the past few years, many people seem to be making the mistake of using a price comparison site instead of a mortgage broker. Price comparison sites are often promoted very well so it is no surprise that many people use them, but […]
2015 Property Trends
We’re still early in the New Year, and 2015 is young, and that means another year of property fluctuations is in the pipeline. 2014 certainly had its fair share of talking points with regards to property, and it’s fair to say that an awful lot of them revolved around the ongoing drama of property prices […]
January 19, 2015
The Correct Way to View a Property
The correct way to view a property isn’t taught in schools and isn’t really common knowledge so it is easy to view a property in the wrong way. This could mean that you end up in a house that has numerous problems that need fixed that you paid thousands too much for. To make sure […]
January 13, 2015
House Price Growth at Lowest Level
For every up there is a down – and for every start there is a stall, especially where property is concerned. It’s been revealed that the house price growth has lost so much pace that it’s stalled almost entirely. It now stands at its lowest level for 19 months. Industry experts who have studied the […]
January 12, 2015
House Price Growth Slows
According to a number of reports this week, there is evidence to suggest that house price rises here in the UK may be tailing off. According to The Guardian, house price growth has now fallen to its lowest level in 19 months, based on the latest figures produced by the Royal Institution of Chartered Surveyors […]
January 9, 2015
First-time buyer purchases at 7-year high
6 January 2015 | By Devraj Ray More borrowers purchased their first home last year than in any year since 2007, according to Halifax. Some 326,500 first-time buyers purchased a home last year, up 22 per cent from 268,500 in 2013, says the bank. First-time buyers accounted for 46 per cent of all mortgaged house […]
January 7, 2015
Property Slow Down Continues
The New Year has brought with it a number of fresh reports with regards to the mortgage market here in the UK. In particular, there are a number of emerging reports pointing towards a slowing down of the property market towards the end of 2014. According to a recent article from The Guardian, the number […]
December 23, 2014
A Look Ahead To 2015
2014 has been a pretty eventful year for the housing market, and there has been no shortage of news regarding the property market here in the UK. Indeed from stricter mortgage rules to record breaking house prices and stamp duty reforms, the property market was seemingly never out of the headlines. Interestingly, this trend may […]
December 17, 2014
Mortgage Lending Slows
According to a number of reports this week, mortgage lending has fallen for the fourth consecutive month in a row, in what is a further sign that the property market here in the UK may be showing signs of ailing. According to The Guardian, The Council of Mortgage Lenders (CML) announced this week that gross […]
December 16, 2014
Govt sets out plans to become housebuilder
4 December 2014 | By Devraj Ray Chief Treasury secretary Danny Alexander has recommended the Government commissions the building of new homes on state-owned land in a bid to tackle the housing crisis. The Financial Times reports that Alexander this week gave the example of former RAF base Northstowe as a potential building site for […]