Property Rescue Blog

The highest number of mortgage approvals in the UK in fifteen months happened this past June; 35,235 mortgages were approved for purchasing new homes. This would seem to signal that there is hope for people who want to sell home fast.

News from OFWAT that water bills in England and Wales will increase about 4.1% in the year from April highlights the rise of many bills in general lately. Car insurance premiums have sharply risen, and the new water bill rates will cost the average UK customer an extra £13 per year.

News that the National Housing Federation has recently predicted that house prices in England will continue falling this year and the following one are being greeted with concern by those looking to sell house fast.

According to the Office for National Statistics, 927,000 people took part time jobs because they couldn't find full time employment in the three months to May. This is third more than the same period last year, and the highest figure on record.

Despite hopes that the economy may rebound relatively soon, it is being reported that the UK economy contracted by 0.8% between April and June of this year. Although it was much better than the previous figure, it is still more than expected.

Hundreds of housing projects in England that stalled out during the recession may receive aid from the government in the hopes of giving a boost to the overall economy. As things worsened during the economic crisis, many housing developments were postponed or abandoned.

With The Nationwide now offering 125% mortgages to certain customers who have negative equity on their homes - i.e., who owe more than what their home is worth - it looks like some will be receiving much-needed assistance in these worrisome economic times.

With news that the Bank of England will be holding the interest rate at 0.5% for an additional month - and that it would hold off on increasing its quantitative easing of the economy by not printing money to buy bonds - people who were hoping that the economy was turning around are sure to be disappointed.

A troubling new UK BBC survey reports that 2 out of 3 people in the UK know someone who has lost their job during this difficult recession, and that four in ten are afraid of losing their own job.

Sell Home Fast through Property Rescue and enjoy no nonsence advice and helpful staff.  Infact we pride ourselves on our approach and have answered some of our most popular Sell House Fast questions.