Buy to let market still thriving
The buy to let property market is still thriving, according to the Council of Mortgage Lenders (CML).
The number of buy to let loans rose by 23% last year, taking their number to 1,038,000 and accounting for 10.3% of all outstanding mortgages.
This lending picked up in the second half of the year at a time when […]
New year brings optimism to the property market
Members of the National Association of Estate Agents (NAEA) reported a positive start for the New Year as recent figures from the monthly housing market survey indicate a new sense of optimism from consumers for 2008.
Agents reported that the number of buyers on books, sales agreed and houses available rose throughout January. What’s more, first […]
Confidence in property market high
The largest consumer property census has confirmed that British buyers and sellers have long term confidence in the market
With over 32,000 responses, the consumer property study has surveyed sentiment in the property market from buyers, landlords, investors, tenants and sellers.
The findings reflect what the company calls ‘the general public’s long-term optimism and confidence in property.’ […]
First time buyers are the lifeblood of the property market
Britain’s housing market is teetering on the brink of a very high cliff. Northern Rock’s ongoing problems are rooted, not just in the liquidity of the money markets, but also in the UK’s own version of the sub-prime market…
Over the last decade, banks and building societies relaxed traditional restrictions on loans-to-income ratios. Buyers can now […]
What you need to know about house price trends
(Source: Western Mail Jun 1 2007)
The latest wave of house price data has led to speculation over the future of the property market. The annual growth rate remains robust but indicators suggest a slowdown in the months to come.
What is the background to today’s housing market?
Homeowners have seen the value of property almost treble over […]
