By Sell_Home_Fast on
29/06/2009
The CML (Council of Mortgage Lenders) has announced that mortgage lending in May was 2% lower than in April - at approximately £10.3bn - and 58% lower than May 2008.
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By Sell_and_Rent_Back on
26/06/2009
These days you can literally sell your home fast and exchange within two days, without chains and without estate agency fees. This is all made possible with specialist Sell home fast agencies and many give you the option to sell and rent back too.
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By Sell_Home_Fast on
25/06/2009
As further evidence showing that the UK is hardly alone in the current economic crisis, reports indicate that home prices around the world have dropped in the first quarter of 2009.
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By Sell_and_Rent_Back on
24/06/2009
Recent news from the Bank Of England acknowledged that approximately 7 - 11% of UK property owners have negative equity; a further blow to a poor property market.
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By Sell_and_Rent_Back on
23/06/2009
Relaxed lending practices from Building Society has put many people into mortgages that they cannot afford, worsening the property market and causing high numbers of repossessions int he UK. The trouble is so bad that many building societies are themselves at risk; many have gone bust in the last twelve months and the eight remaining building societies have gone into the red at one point or another.
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By Sell_Home_Fast on
22/06/2009
People looking to sell homes fast aren't the only ones taking a hit in this current economy. Despite its initial estimate of a construction industry slowdown of about 2.4%, construction output in the UK has fallen by an incredible 9% during the first quarter, according to the Office for National Statistics.
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By Sell_and_Rent_Back on
19/06/2009
The much talked about, £285m mortgage rescue scheme offered by the Government does not appear to be making much of an impact; in fact, the sell and rent back industry appears to be assisting far more homeowners thus far.
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By Sell_Home_Fast on
18/06/2009
Despite the somewhat cheering news released by the Halifax House Survey recently - disclosing that in May, UK house prices rose by 2.6% over those in April - the latest Inflation Report issued by the Bank of England advises caution.
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By Sell_and_Rent_Back on
15/06/2009
Recently, the UK's Ministry of Justice and the Citizen Advice Bureau have issued a stern warning to people about unscrupulous practices by "management companies" making misleading promises to get bad debt written off. People who could sell and rent back instead.
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By Sell_Home_Fast on
12/06/2009
For the third month straight, the Bank of England reported in May that interest rates would remain at 0.5% in the hopes of stimulating the property market. As anyone who is trying to sell property fast right now is aware, it is very frustrating and incredibly difficult, even with these lowered interest rates.
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