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Housing market turned a corner in UK, claim government

The government says that the housing market has “turned a corner” in part because of their Help to Buy scheme. Launched in April, the Help to Buy scheme is a housing stimulus programme in England that has received 10,000 successful application already. As an Equity Loan Scheme it underwrites 95% mortgages so that people buying […]read more

Sign of Confidence from First Time Buyers?

Since the collapse of Northern Rock and the financial crisis that followed, the UK property market has struggled to gain any momentum. One area which has been particularly effected has been the first time buyer market. Due to a huge reduction in mortgage availability for first time buyers, high property prices and the wider financial […]read more

Selling Your Home? Don’t Make These 3 Mistakes

As the UK comes out of recession and the property market slowly begins to gain momentum, many people who have been holding on to their homes will begin to put them on the market. This, coupled with the thousands of homes that have been on the market during the recession, means that the property market […]read more

A Guide to House Pricing Surveys

If you regularly read our news articles to keep up with property news you will have seen that, like the national media, we will often give facts and figures which seem to give a detailed description of how the UK property market is performing. For the majority of people, the vagueness of these figures isn’t […]read more

Is 2013 Going to See A Rise In Mortgage Lending?

2012 was a very difficult year for the property market. The ‘credit crunch’, banking issues and global recession all contributed to UK property prices stagnating and a significant decrease in the number of mortgages available to those wanting to buy a house or move homes. Thankfully, there are a number of measures and circumstances which […]read more

Buying a House is Cheaper than Renting

Over the last couple of years there has been a significant change in the property market. Young people, who might have otherwise have bought their first house, have been forced to continue renting. There have been a lot of reasons for this. Rising house prices, low mortgage availability and a highly competitive job market have […]read more

Good News for ‘First Time Buyer’ Mortgage Market

According to the Council of Mortgage Lenders, mortgages to first time buyers were on the rise between July and September this year in Scotland, Wales and Northern Ireland. In Wales, 2,300 mortgages were taken out by first time buyers, an increase of 10% on the previous quarterly figures, but with no change from the same […]read more

Home Ownership – A Bigger Commitment than Marriage?

There has never been a harder time for young couples to get on the property ladder. With an extremely competitive job market, disproportionately high house prices, inadequate affordable housing options and extremely low mortgage availability, most couples see buying a house as an almost unattainable dream. According to a recent report by Halifax, the inaccessibility […]read more

‘Buy to Let’ Market Set to Lead Recovery

The ‘buy to let’ market is often the first to get moving after a property ‘slowdown’. This, coupled with the overall health of the buy to let market before the slow down, means that it should come as no surprise that 2013 is predicted to see a significant rise in buy to let purchases. Recently, […]read more

Landlords Enjoying Boom in ‘Buy to Let’ Market

Before the banking crisis hit in 2008 the ‘buy to let’ market was booming. Lots of people wanted to rent and there were mortgages available to anyone who wanted them. Since then things have been a lot more difficult. The few years that followed the Northern Rock collapse and the global financial slowdown saw property […]read more