Mortgage lending rises in June August 10, 2011 Mortgage lending jumped in June according to figures from the Council of Mortgage Lenders (CML). The total number of new home loans to house buyers jumped by 22 per cent from May, to 46,700. Loans to first-time buyers reached a 10-month high, up 24 per cent from May to 18,100. Although the level of lending [...]
Mortgage lending rises in June August 10, 2011 Mortgage lending jumped in June according to figures from the Council of Mortgage Lenders (CML). The total number of new home loans to house buyers jumped by 22 per cent from May, to 46,700. Loans to first-time buyers reached a 10-month high, up 24 per cent from May to 18,100. Although the level of lending [...]
Why not to position for a gold crash February 20, 2012 GOLD has traded in a channel for the last month, but despite this, it remains at a price nigh on unimaginable 18 months ago. “Although the last month has been a quiet one for the price of gold, the metal is still up by around 10 per cent for the year and is still almost [...]
Redrow beats forecasts in profits surge September 8, 2011 HOUSEBUILDER Redrow has posted better than expected pre-tax profits, thanks to a 14 per cent rise in revenues, but warned of a tough outlook for the property market. The Wales-based company posted a pre-tax profit of £25.3m in the 12 months to the end of June, compared with £700,000 the year before, beating a consensus [...]
If it’s broke, then buy it and fix it up for a tidy return November 10, 2011 Q.Why should someone consider an unmodernised property? A.Unmodernised property provides the opportunity to buy at a lower price than a recently modernised equivalent, and the chance to create one’s own home to one’s own taste and standards. People also enjoy the experience of renovating a property; it’s creative and fun. Q.What are the biggest upsides? [...]
SELL January 12, 2012 MANAGING DIRECTOR OF KAY & CO, CENTRAL LONDON ESTATE AGENCY Q. Should I buy a one bedroom flat in a better location, or go for a larger flat in a less sought after location? Is square footage or location king for investment? A. Statistically, in the long run, properties in more sought after locations will [...]
SELL January 12, 2012 MANAGING DIRECTOR OF KAY & CO, CENTRAL LONDON ESTATE AGENCY Q. Should I buy a one bedroom flat in a better location, or go for a larger flat in a less sought after location? Is square footage or location king for investment? A. Statistically, in the long run, properties in more sought after locations will [...]
LEWISHAM, SE13 September 15, 2011 RENAISSANCE Price: £181,000 This second floor, one-bedroom flat comprises 470 square feet, including a private balcony. It is situated in a development with landscaped gardens, opposite Lewisham DLR station. It was designed in collaboration with artist Phil Coy whose signature feature is the development’s eye-catching coloured glass exterior. Contact: Barratt Homes on 084 5871 0005 [...]
Home-builders ramp up incentives to lure hard-up first-time buyers December 2, 2010 HOME-BUILDERS have always offered buyers deals, but some are more valuable than others. Take, for example, the West Bromwich Building Society’s offer in 2004 of a free Rover car worth over £7,000 – a year before the car-maker went into administration. The downturn has left house-builders with new-builds sitting empty all over the country, and [...]
STEVENAGE, HERTS September 1, 2011 SWALE CLOSE Price: £239,995 This three-bedroom semi-detached house is located in a quiet cul-de-sac and within the sought-after Great Ashby area. It offers ample space since it is spread across three floors and has a large conservatory extending from the back. Contact: Vincent Giddings on 01438 960 010 or go to www.vincentgiddings.co.uk JACKDAW CLOSE Price: [...]