Property Owners Only Take 21 Minutes To Decide To Invest

Mortgage provider ING Direct reveals that the average property owner only takes 21 minutes to make the decision to invest in property.

100,000 New Property Millionaires!

Santander’s reveal how the number of new UK property millionaires has risen by 100,000 in the last 10 years.

RBS Offload £15bn Of Property Assets

The Royal Bank of Scotland reveal plans to offload 15 billion pounds worth of property assets to reduce their outstanding debt.

Property Investment Book Wins Non-Fiction Award

Professional property investor Brett Alegre-Wood wins People’s Book Awards for his property investment book ‘The 3+1 Plan’.

Students Face Housing Shortage

Students face an increasing housing shortage after limited lending prevents property investors from expanding their property portfolio. Read more…

Are We Headed For A UK’s People’s Bank?

The government invest a further 180 million pounds into Post Offices after revealing their plans to launch a new Peoples Bank dedicated to helping property owners on low incomes… Read more…

The recession is over, but is it all smiles from here?

Its official we are now out of recession, while this may be great news for the economy it marks the beginning of the end for those wishing to benefit from the current low house prices and inflated rental incomes.

It’s clear that potential investors will be kicking themselves in 5 years if they miss out on the current bounty of low cost housing, so has the housing market gamble now turned into a sure thing? Read more…

What Is In-Store For 2010?

There have been a lot of predictions floating around about the property market over the last quarter of 2009. On the one hand you have got property advisors predicting that property prices will rise by 3%-5% over the next 12 months. But others such as Savills and Capital Economics are seeing a much bleaker picture with property prices falls of 6.6%-10%.

However, if we have learnt anything over the last year is that as property investors we need to take these predictions with a pinch of salt. After all, if you compare the predictions laid out at the beginning of 2009 to what actually occurred, property experts saw no property price increases at all…

2009 – The Year Of Huge Investments Read more…

Will 2010 Be The Year Of The Landlord?

Research by popular property website Rightmove suggests 2010 may be the ‘Year of the landlord’ after property prices fell for the second month in a row.

Although it is traditional for property sales/prices to fall during Christmas – with a brief reawakening in spring – Rightmove believes there will be further property price falls before the property market enters into a period of complete stagnation.

71% Of Investors Say ‘Bye Bye’ To The UK Read more…

Properties Repossessed Every 11 Minutes

Research by the debt organisation Credit Action has revealed that a new property is repossessed every 11 and half minutes – a startling figure considering credit card lending has gone down.

Yet, despite stricter budgeting endeavours by the general public, more than 9,300 people are believed to be visiting Citizens Advice every day as they struggle to cope with their personal debts. Read more…

Homebook – Will it Replace the Need for Estate Agents?

Former property trader Anton Kreil is set to launch a Facebook-style property site, Hablib.com in the coming weeks.

Recently featured on BBC Two’s ‘Million Dollar Traders’, Kreil hopes to transform this property site into the Facebook of the property world combining the successes of networking sites with residential property portals.

Read more…

Could Undervaluing Be Harming Housing Sales?

According to figures released by the National Association of Estate Agents, some of the UK’s leading lenders are undervaluing properties by at least 10% – a cut that is having a detrimental affect upon housing sales.

Speaking on these undervaluing, Assumpta Breslin for Principle First Financial Services explained that the reason for these sharp devaluations was because lenders are treating property as a risk assessment.

Read more…

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…