Cutting Out The Middle Man
Selling your property online could be the way forward according to Property Ladder’s Sarah Beeny.
In her latest venture – Tepilo.com – homeowners will be able to advertise their properties for no cost at all as well as put up: photographs, professional floor plans, area maps and Home Information Packs, via the website. Read more…
Fancy A Chinese Mortgage?
If you are fed up with the growing number of limited deals in the UK, then you’ll be pleased to learn that you can now add the Bank of China to your list of lenders.
Branching out towards the UK market, the Bank of China is offering incredibly competitive rates that will soon have UK banks changing their lending criteria. Read more…
Investors Resort To 1950′s Rental Plans
For the first time since the 1950′s large institutional funds such as Aviva, Legal & General and CB Richard Ellis are viewing the rental sector as a viable long term investment.
Determined to replenish the housing market, each of these institutions plans to plough millions of pounds into purpose-built rented housing to help homeowners who have been priced out of the property market to find a home.
Properties Built In A Day
Whilst the successes of property developers Hanse Haus is still limited to Europe, in the last 80 years this German based company has built over 30,000 properties throughout: Austria, Switzerland, Spain, France, Italy, Luxemburg and even in the UK.
Yet the real successes of this firm have to be their unique ability to build environmentally friendly properties in as little as a day.
S1homes To Contain Database of 20K Properties
In a shock turn of events 2 of Scotland’s biggest estate agents are joining forces with a top property website, s1homes to create a database of 20,000 properties – a website that shall rival Rightmove.
And this decision could have a great influence on s1homes current 200,000 monthly subscribers. Advertising on average 18,000 properties at a time, homeowners searching for their ideal home will be able to find it all in one place.
32.3% of Over 30′s Choose to Stay at Home
New research by the Association of Residential Letting Agents (Arla) has revealed some startling statistics about the property market.
Surveying 1,800 18-30 year olds, researchers found a distinct difference between how men and women perceive the property market, with women showing a higher level of independence at an earlier age.
Banks have got it completely backwards- literally! Instead of helping the average Joe to get onto the property ladder and invest, they seem to go out of their way to make it impossible.
Take LTV mortgages.
I cannot tell youhow many times I have found the perfect property investment – a property that has got instant profits of over £9,000; that can generate incomes of up to £1,000 a month and that has got a strong tenancy demand – only to be left frustrated by the fact that banks want deposits of 25%-40%.
It’s ridiculous. Even with a £100,000 property that is still at least £25,000 to find before you can invest. And unless you have got this money just lying around from a redundancy or simply from your savings, the average homeowner simply cannot afford it.
Thankfully 3 of the UK’s leading banks seem to have seen sense and are finally getting off their backsides to make a difference. Read more…
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