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.
|
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.
|
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.
|
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.
|
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.
|
By Sell_Home_Fast on
10/06/2009
In a bit of rare good news for the housing market, a rise has been reported in UK house prices. In May on April, house prices rose 1.2%, giving a bit of encouragement to anxious homeowners.
|
By Sell_Home_Fast on
09/06/2009
The continued slowdown of home sales is having a negative impact on retailers. Things like fridges, carpets and furniture are experiencing slumped sales; an ever reaching consequence of the difficulty in trying to sell property fast.
|
By Sell_Home_Fast on
05/06/2009
Unfortunately for people who are looking to sell property fast, April's mortgage lending figures are not very encouraging. Indeed, the number of mortgages arranged to sell home fast are no better than they have been recently, despite high hopes they would begin turning around.
|
By Sell_Home_Fast on
21/05/2009
News released this month was a further blow for homeowners wanting a fast property sale. National Statistic’s figures show 2.22 million officially unemployed (a rise by 244,000 in the first 3 months of 2009) shrinking the market looking to buy and increasing the number of properties up for a quick house sale.
|
By Sell_Home_Fast on
14/05/2009
For those looking for quick house sales, it seems another house price index comes out every week. Here is a quick description of the main 4 indices, useful for those wanting a quick home sale.
|