20 percent fall in property prices over next two years
March 2nd, 2011 Add your Commment
Economists have recently predicted that property values in the UK could fall by around 20 percent over the course of the next two year, bringing bad news to homeowners who fear losing their equity and good news to first time buyers who are hoping that prices will fall to a…
Read MoreMortgage affordability has improved for many
March 1st, 2011 Add your Commment
The results of a recent survey have shown that at the end of last year mortgage affordability amongst homeowners in the UK reached its highest level in ten years.…
Read MoreDrop in property sales predicted for this year
February 25th, 2011 Add your Commment
One industry official has warned that there could be a drop in the number of properties sold over the course of this year, and has stated that with this in mind sellers need to look at being more realistic with their asking prices.…
Read MoreWill UK property prices come down to an affordable level?
February 23rd, 2011 Add your Commment
Many first time buyers may be biding their time over making an effort to get onto the property ladder in the hope that the high price of property in the UK may come down – and they may find that they are not left disappointed.…
Read MoreGood news for buyers and bad news for sellers
February 15th, 2011 Add your Commment
The data contained in a recently released report from the Centre for Economics and Business Research (CEBR) will come as good news for first time buyers but may bring bad news for homeowners that are planning to sell their homes.…
Read MoreMore sellers reducing their asking prices
February 14th, 2011 Add your Commment
A larger number of property sellers in the UK are now reducing the price tags on their properties compared to just a few months ago, according to officials from a property website. Officials from Zoopla.co.uk have said that the number of property sellers that have reduced the asking price on…
Read MoreNo change to UK base rate
February 11th, 2011 Add your Commment
It has been announced that the base interest rate in the UK is to remain at its all time low level of 0.5 percent for another month. The news comes following the February Monetary Policy Committee meeting.…
Read MoreStart of year sees increase in residential valuations
February 10th, 2011 Add your Commment
Whilst the news may come as something of a surprise to many people given the sluggish property market in terms of sales and purchases at present, the start of this year has seen residential valuation levels get off to a flying start.…
Read MoreBase rate could rise on Thursday
February 8th, 2011 Add your Commment
This Thursday will see the Monetary Policy Committee gather once again for their monthly rate setting meeting. Since the early part of 2008 each of these monthly meetings has resulted in the announcement that the base rate is to be held at its record low level of 0.5 percent, which…
Read MoreProperty market set for uncertainty in 2011
February 1st, 2011 Add your Commment
For the fifth time in seven months prices have dropped in January and the housing market outlook is ‘highly uncertain’ according to Nationwide.…
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