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Sell house fast budget update
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11/12/2009
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Sell Home Fast
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Folks who may have already been looking into ways to sell house fast due to falling into arrears or threat of repossession may be even more determined to sell home fast after hearing Chancellor Alistair Darling’s December 9th Pre-Budget Report.
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Sell House Fast Recession Worst Hit Areas
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13/11/2009
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Sell Home Fast
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In a surprising twist on what was generally expected, the manufacturing sector has lost 8.5% of its jobs, while the business and finance sector has lost only 3.8%. Due to the bank crisis, many believed that the white collar job market would suffer the most....
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Sell Home Fast Lending Restraints
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02/11/2009
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Sell Home Fast
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3
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Compared with earlier this year, late summer saw a lift in mortgage lending according to the Council of Mortgage Lenders (CML). Gross mortgage lending reached £38.9bn in the third quarter which was an 18% rise on the three prior months. Despite lending being...
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Mortgage Sell House Fast Latest
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19/08/2009
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Sell Home Fast
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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.
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Sell House Fast Recovery Slow
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13/08/2009
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Sell Home Fast
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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.
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Sell Home Fast House Prices
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30/07/2009
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Sell and Rent Back
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A new monthly survey by the DCLG (Department of Communities and Local Government) shows that property values continue to fall - but at a slower rate than in the past. This is heartening news for some; however, those who need to sell home fast are still struggling...
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Sell Home Fast FAQs
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20/07/2009
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Sell Home Fast
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3
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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.
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Sell Home Fast Recovery or Not
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15/07/2009
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Sell Home Fast
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The latest house sale survey from the Royal Institute of Chartered Surveyors claims "no sustained upturn in fast home sales will happen until more mortgages become available" Following small signs of recovery for those seeking to sell home fast, it is no...
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Sell Home Fast or Sell and Rent Back
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26/06/2009
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Sell and Rent Back
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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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Interest rate aid Sell Home Fast misery
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12/06/2009
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Sell Home Fast
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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...
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Sell Home Fast Mortgage latest
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05/06/2009
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Sell Home Fast
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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...
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Sell Home Fast Unemployment misery
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21/05/2009
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Sell Home Fast
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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...
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Sell Home Fast- Student Debts set to Double for 2012
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28/11/2011
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Sell Home Fast
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University freshers in 2012 may face double the debt compared to last year. Student debts may rise to £53,000, a rise of 6.4%, even more than inflation, the Push University Guide has revealed. Ministers still say that future students should not be put off by these escalating figures....
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Sell Home Fast- Living Costs for Parents Soar
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28/11/2011
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Sell Home Fast
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Living costs for families in the UK has risen by 5% in just one year, due to freezing of child benefits plus a lack of childcare assistance. Costs of living for parents is higher than ever, as on average both parents need to earn over £18,000 each per annum...
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Sell House Fast- UK Debt Out of Control
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22/11/2011
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Sell Home Fast
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The Prime Minister confirms the Country’s debt problem is not improving and is proving to be a bigger problem than originally thought. At the CBI conference, David Cameron stated that getting the debt crisis under control is going to be harder than anyone realised....
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Sell House Fast – UK Economy Suffering
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02/02/2011
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Sell Home Fast
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When will the global economic crisis ever end? As the US suffers from record unemployment rates and various EU countries continue to struggle with their own fiscal disasters, recent figures in the UK show that the economy actually shrank in the last three...
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Sell Home Fast – House Prices Fall Again
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23/11/2010
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Sell Home Fast
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Official figures released by the government confirm the recent drop in housing prices, with the Department for Communities and Local Government (DCLG) monthly index showing a 0.7% drop in prices during the three months leading to September.
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Sell Home Fast – PPI Complaints
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16/11/2010
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Sell Home Fast
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In the three months leading up to October, approximately 45% of the Financial Ombudsman Service’s workload dealt with complaints regarding payment protection insurance (PPI), which continues to hold a high ranking on the list of financial disputes, even after...
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Sell House Fast blow to Mortgage Lending
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26/10/2010
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Sell Home Fast
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Data gathered by the Council of Mortgage Lenders (CML) indicates that, while lending picked up some during the spring, it is now stagnating and remains subdued. The September lending total was £12 billion, which is the lowest lending has been in the month...
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Sell Home Fast – Interest Rate Cap
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07/09/2010
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Sell Home Fast
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Compass, a well-known campaign group, has put forth survey data showing that almost seven out of 10 people are in favor of the government placing a cap and tighter controls on interest rates for all types of credit.
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Sell Home Fast – Discretionary Incomes Drops
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02/09/2010
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Sell Home Fast
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According to the British Bankers’ Association (BBA), the mortgage market fell for the second month in a row, with just 33,698 approved mortgages for home purchases in the month of July. This was down 877 from the month before and is a significant drop from...
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Sell House Fast – Subdued Mortgage Market
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31/08/2010
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Sell Home Fast
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A recent discretionary income survey conducted by CEBR on behalf of the Asda supermarket chain and using Office for National Statistics data shows that the average UK household had £175 per week in discretionary income as of July 2010 (a drop of £5 from the...
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Sell House Quick – Interest Base Rate
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02/08/2010
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Sell Home Fast
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Interest rates have held fast at a record low of 0.5% since March of last year and, according to The Ernst & Young Item Club, the Bank of England must keep base interest rates at this record low until 2014, in order to counter-balance government spending cuts....
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Sell Home Fast – Insufficient Medical Cover
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27/07/2010
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Sell Home Fast
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The most recent British Behavior Abroad annual report, which is based on cases reported to the staff of the Foreign Office between April 2009 and March 2010, shows that elderly Britons traveling abroad often face costly bills for medical treatment and repatriation...
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Sell House Fast – Retail Price Index Rises
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01/06/2010
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Sell Home Fast
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The Retail Prices Index (RPI) is a measurement used to show changes in housing costs, petrol costs, travel costs and the cost of household goods. A recent rise of the RPI shows that inflation in the UK has accelerated once again during the month of April and...
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Sell Home Fast – First Time Buyers Problems
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27/05/2010
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Sell Home Fast
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Recent falls in home prices are not enough to allow most would-be first-time homebuyers to get on the property ladder. This is according to a YouGov survey that revealed an astounding 86% of people between the ages of 18 and 30 who do not already own their...
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Sell House Fast – Disposable Cash Access
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24/05/2010
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Sell Home Fast
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Without further borrowing, access to disposable cash is scarily low according to research conducted by Aviva. Aviva estimates that the average British household, without further borrowing, would only be able to get a hold of £914 of disposable cash.
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Sell House Fast – Repayment Problems
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18/05/2010
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Sell Home Fast
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Research conducted by Callcredit shows that more than one in four people who have a mortgage (26%) report that they would not be able to make their mortgage repayments as scheduled if they experienced a loss of £300 in their monthly income.
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Sell Home Fast – 2010 Unemployment Rise
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07/05/2010
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Sell Home Fast
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During the three-month period of December to February, UK unemployment increased by 43,000 to 2.5 million. Figures from the Office for National Statistics show that, during this period, both youth and older adults saw a rise in unemployment, with 4,000 additional...
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Sell House Fast – Mortgages Restricted
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04/05/2010
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Sell Home Fast
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Surveyors and estate agents are reporting a significant increase in the number of home owners putting their homes on the market for sale in March, which is evidence of at least some of the traditional, annual spring bounce in the housing market.
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Sell House Fast – Pension Gaps
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12/03/2010
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Sell Home Fast
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It is well known that pension incomes have been falling; however, many are not aware of the fact that the gap between pension incomes received by men and those received by women is widening even more than in previous years.
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Sell House Fast Facing Repossession
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13/01/2010
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Sell Home Fast
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During 2009, over 130 homes were lost to repossession per day. On top of this, 386 people per day declared insolvency or bankruptcy, and many, many more are struggling as they fight the uphill battle of managing increasing household debt and trying to pay...
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Sell House Fast VAT Up
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06/01/2010
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Sell Home Fast
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Recently, families have enjoyed lower monthly bills due to the government’s efforts to boost the UK economy by temporarily reducing the VAT from 17.5% to 15%. However...
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Sell House Fast Paper News
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17/12/2009
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Sell Home Fast
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Newspapers around the world were experiencing declining readerships long before the global recession hit and began to take a significant toll on the newspaper publishing industry.
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Sell House Fast and FSA
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16/12/2009
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Sell Home Fast
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2
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The Financial Services Authority (FSA) has published new plans that bring mortgages under closer scrutiny. This has come about in response to the £1.23 trillion residential mortgage market and dizzying effect the financial crisis has had on the UK economy.
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Sell Home Fast Record Recession
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11/11/2009
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Sell Home Fast
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2
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Discouragement is running high in Britain these days. Well after Germany and France have come out of their recessions, the UK continues to be mired in the depths of a serious recession that might even be worsening. The repercussions for many things - especially...
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Sell Home Fast House Prices Lose Momentum
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09/11/2009
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Sell Home Fast
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2
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According to the Nationwide, house prices in the UK were higher this October than on the previous October. Indeed, a 2% increase was noted; the average price was £162,038. However, the pace has leveled off and the increase in house prices seems to be losing...
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Sell Home Fast Market Faces Headwinds
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15/10/2009
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Sell Home Fast
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2
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In discouraging news for struggling homeowners, The Nationwide have warned that price increases that have happened lately probably will not continue at their current rate. This is particularly true if additional properties enter the market.
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Sell Home Fast Mortgage Debt Grows
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14/10/2009
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Sell Home Fast
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Although consumer debt - including debt from credit cards and personal loans - fell by £300m last month, mortgage loan debt increased by £1bn in August. Lending is expected to remain slow due to the weak economy and the lowered ability to lend in general....
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Sell Home Fast Market Remains Depressed
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08/10/2009
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Sell Home Fast
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Although certain market conditions have improved a bit in recent months, it is important for people in the UK to realise that activity won't return to normal until building societies and other kinds of lenders have mortgage funds available to them.
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Sell Home Fast Lending Squeeze
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07/10/2009
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Sell Home Fast
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2
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A chain reaction of sorts is happening right now in the UK, as building societies who are only able to offer their savers low rates of interest are then inhibited in their ability to lend cash to prospective home buyers.
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Sell Home Fast House Sales Fall
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01/10/2009
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Sell Home Fast
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A new report from HM Revenue & Customs (HMRC) indicates that the first drop in home sales for the year occurred from July to August. 87,000 homes were sold in July, but only 83,000 sold in August. Due to the credit crunch, the housing market is still tumultuous...
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Sell Home Fast Slow Recovery
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29/09/2009
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Sell Home Fast
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2
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Despite recent news suggesting that the UK is beginning to get out of the recession, the Bank of England has held interest rates at a very low 0.5% for the sixth straight month, warning that recovery will be slow, long and drawn out.
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Sell Home Fast Lender Loans
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22/09/2009
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Sell Home Fast
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2
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Recently, the Council of Mortgage Lenders (CML) announced that since last year, the six top mortgage lending companies dominate the market, accounting for 78% of business; last year, the top six accounted for 72%.
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Sell Home Fast RICs Update
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21/09/2009
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Sell and Rent Back
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2
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Even though July's price increases in home sales had many people turning optimistic regarding the economic crisis, a recent statement by the Royal Institution of Chartered Surveyors (RICS) has quickly negated it. Indeed, the statement by RICS notes that short...
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Sell Home Fast Bills Increase
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18/08/2009
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Sell Home Fast
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2
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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...
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Sell Home Fast aid to Part Time Workers
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06/08/2009
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Sell Home Fast
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2
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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.
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Economy bound to hit Sell Home Fast
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05/08/2009
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Sell Home Fast
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2
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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.
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Cash assists Sell House Fast
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04/08/2009
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Sell Home Fast
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2
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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...
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New 125% Mortgage To Sell House Fast
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29/07/2009
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Sell Home Fast
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2
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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....
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Sell Home Fast Interest Rate Held
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27/07/2009
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Sell Home Fast
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2
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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...
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Sell House Fast Assistance
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23/07/2009
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Sell Home Fast
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2
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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.
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Sell Home Fast Help Those Insolvent
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09/07/2009
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Sell Home Fast
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2
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A brand new report from PricewaterhouseCoopers (PwC) states that the current economic downturn shows no signs of abating as 5,483 firms have become insolvent during the first quarter of 2009; compared with the same period last year, this is a 57% increase....
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Sell home fast lending to home owners
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02/07/2009
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Sell Home Fast
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2
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According to Moneyfacts, there has been a large jump in the cost of fixed rate mortgages to brand new borrowers; interest rates for a two-year deal have increased by 0.16% to 4.9%. Five year fixed rate mortgages have gone up by 0.21% to 5.82%....
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Sell Home Fast news caution
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18/06/2009
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Sell Home Fast
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2
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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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Sell Home Fast Price News
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10/06/2009
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Sell Home Fast
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2
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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.
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Sell And Rent Back Your Own Property - A Smart Way To Act
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06/03/2009
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Equity release
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2
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Selling and renting back your own property is a popular and imminent trend in UK. Countless people find it very helpful in generating some fast cash to overcome financial crisis. Selling and renting back your own property is a wonderful option that allows you to release the equity in your house without remortgaging or moving from your dwelling place....
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Bumpy Ride For House Prices
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20/02/2009
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Recession
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2
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House prices in England and Wales fell by an average of 13.8% last year. There are conflicting opinions on how the property market will fare as the recession deepens, although it is certain that substantial gains are out of the question. Anyone embarking...
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Bumpy Ride For House Prices
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20/02/2009
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Mortgages
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2
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House prices in England and Wales fell by an average of 13.8% last year. There are conflicting opinions on how the property market will fare as the recession deepens, although it is certain that substantial gains are out of the question. Anyone embarking...
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Bumpy Ride For House Prices
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20/02/2009
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House Prices
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2
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House prices in England and Wales fell by an average of 13.8% last year. There are conflicting opinions on how the property market will fare as the recession deepens, although it is certain that substantial gains are out of the question. Anyone embarking...
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Bumpy Ride For House Prices
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20/02/2009
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Sell Home Fast
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2
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House prices in England and Wales fell by an average of 13.8% last year. There are conflicting opinions on how the property market will fare as the recession deepens, although it is certain that substantial gains are out of the question. Anyone embarking...
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Debts and Bankruptcies Rise
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04/02/2009
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Debt
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2
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Bankruptcies in England and Wales are rising steeply. The most recent figures from the Insolvency Service show an increase in personal bankruptcies of more than 9% during the third quarter of 2008 over the same quarter in the previous year. When business...
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Recession - The Big Freeze!
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08/01/2009
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Recession
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Hits:
2
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Happy New Year from everyone at Property Rescue. We wish you a successful year but remind you that we are here to help should you find yourself in financial difficulties and need to sell your home fast.
As we start 2009 the financial climate is very similar...
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Recession - The Big Freeze!
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08/01/2009
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House Prices
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Hits:
2
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Happy New Year from everyone at Property Rescue. We wish you a successful year but remind you that we are here to help should you find yourself in financial difficulties and need to sell your home fast.
As we start 2009 the financial climate is very similar...
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When will the fall end?
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19/11/2008
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Recession
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Hits:
2
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It’s the question on every homeowners’ lips. Just how far, and how fast, will property values fall and when will it all come to an end? Let’s begin by taking a look back at the staggering change in the market we’ve seen over the past year or so.
Towards...
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When will the fall end?
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19/11/2008
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Mortgages
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Hits:
2
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It’s the question on every homeowners’ lips. Just how far, and how fast, will property values fall and when will it all come to an end? Let’s begin by taking a look back at the staggering change in the market we’ve seen over the past year or so.
Towards...
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Read More »
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When will the fall end?
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19/11/2008
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Interest Rates
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Hits:
2
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It’s the question on every homeowners’ lips. Just how far, and how fast, will property values fall and when will it all come to an end? Let’s begin by taking a look back at the staggering change in the market we’ve seen over the past year or so.
Towards...
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Read More »
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When will the fall end?
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19/11/2008
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Stop Repossession
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Hits:
2
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It’s the question on every homeowners’ lips. Just how far, and how fast, will property values fall and when will it all come to an end? Let’s begin by taking a look back at the staggering change in the market we’ve seen over the past year or so.
Towards...
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Repossession. Are you vulnerable?
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11/11/2008
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Sell and Rent Back
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Hits:
2
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In recent times, it seems as though we cannot turn on the news or open a newspaper without being further reminded about the dire situation our country finds itself in.
With the cost of inflation constantly rising, generally at a faster rate than the...
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Repossession. Are you vulnerable?
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11/11/2008
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Repossession
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Hits:
2
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In recent times, it seems as though we cannot turn on the news or open a newspaper without being further reminded about the dire situation our country finds itself in.
With the cost of inflation constantly rising, generally at a faster rate than the...
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Dramatic Bank Rate Cut
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07/11/2008
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Interest Rates
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2
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As anticipated, the Bank of England’s Monetary Policy Committee (MCP) has cut interest rates today. What was not anticipated, however, is the size of that cut. Half of one per cent was expected, maybe one per cent if the bank was feeling brave, but very few foretold the massive one and a half per cent that the MPC obviously feels is required if it is to have any effect on inflation and the threat of recession....
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Dramatic Bank Rate Cut
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07/11/2008
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Stop Repossession
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Hits:
2
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As anticipated, the Bank of England’s Monetary Policy Committee (MCP) has cut interest rates today. What was not anticipated, however, is the size of that cut. Half of one per cent was expected, maybe one per cent if the bank was feeling brave, but very few foretold the massive one and a half per cent that the MPC obviously feels is required if it is to have any effect on inflation and the threat of recession....
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UK Recession is real
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24/10/2008
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Recession
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2
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In a speech given on Tuesday 21 October in Leeds, the governor of the Bank of England, Mervyn King, admitted that the likelihood of recession in the UK was real and that the downturn could be ‘prolonged’. Hot on his heels came the Prime Minister admitting...
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UK Recession is real
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24/10/2008
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Housing Crash
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Hits:
2
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In a speech given on Tuesday 21 October in Leeds, the governor of the Bank of England, Mervyn King, admitted that the likelihood of recession in the UK was real and that the downturn could be ‘prolonged’. Hot on his heels came the Prime Minister admitting...
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Read More »
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UK Recession is real
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24/10/2008
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House Prices
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Hits:
2
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In a speech given on Tuesday 21 October in Leeds, the governor of the Bank of England, Mervyn King, admitted that the likelihood of recession in the UK was real and that the downturn could be ‘prolonged’. Hot on his heels came the Prime Minister admitting...
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Read More »
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UK Recession is real
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24/10/2008
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Repossession
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Hits:
2
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In a speech given on Tuesday 21 October in Leeds, the governor of the Bank of England, Mervyn King, admitted that the likelihood of recession in the UK was real and that the downturn could be ‘prolonged’. Hot on his heels came the Prime Minister admitting...
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Read More »
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World Interest Rate Drop
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17/10/2008
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Interest Rates
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Hits:
2
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Looking back a few months no one would have predicted that an interest rate cut would be made on a global scale, but that’s exactly what happened this week as world financial leaders reacted to the ever deepening crisis in this dramatic move.
The rate cut...
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Dramatic Bank Rate Cut
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07/10/2008
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Recession
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Hits:
2
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As anticipated, the Bank of England’s Monetary Policy Committee (MCP) has cut interest rates today. What was not anticipated, however, is the size of that cut. Half of one per cent was expected, maybe one per cent if the bank was feeling brave, but very few foretold the massive one and a half per cent that the MPC obviously feels is required if it is to have any effect on inflation and the threat of recession....
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Steep fall in house prices
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02/10/2008
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Housing Crash
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Hits:
2
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Figures just released show that house prices fell at a record level during the past year. From October 2007 prices are down 12.4%, bringing the average house price to around £162,000 and cutting a massive £20,000 off last year’s value.
This is the 11th consecutive month that prices have dropped, with Northern Ireland and East Anglia being particularly hard hit. The only place that has bucked the trend is the city of Durham, where prices have actually shown a slight increase.
...
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Steep fall in house prices
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02/10/2008
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House Prices
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Hits:
2
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Figures just released show that house prices fell at a record level during the past year. From October 2007 prices are down 12.4%, bringing the average house price to around £162,000 and cutting a massive £20,000 off last year’s value.
This is the 11th consecutive month that prices have dropped, with Northern Ireland and East Anglia being particularly hard hit. The only place that has bucked the trend is the city of Durham, where prices have actually shown a slight increase.
...
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Steep fall in house prices
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02/10/2008
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Equity release
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Hits:
2
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Figures just released show that house prices fell at a record level during the past year. From October 2007 prices are down 12.4%, bringing the average house price to around ?162,000 and cutting a massive ?20,000 off last year’s value.
This is the 11th...
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The Divorce Trap
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18/09/2008
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Housing Crash
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Hits:
2
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A rather surprising side effect of the current economic slowdown is that the numbers of couples getting divorced has dropped by about 3%. It seems that people who would like to sell the family home and move on to a new life find they can’t sell and therefore...
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The Divorce Trap
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18/09/2008
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House Prices
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Hits:
2
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A rather surprising side effect of the current economic slowdown is that the numbers of couples getting divorced has dropped by about 3%. It seems that people who would like to sell the family home and move on to a new life find they can’t sell and therefore...
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The Divorce Trap
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18/08/2008
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Sell Home Fast
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Hits:
2
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A rather surprising side effect of the current economic slowdown is that the numbers of couples getting divorced has dropped by about 3%. It seems that people who would like to sell the family home and move on to a new life find they can’t sell and therefore...
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Mortgage Lending Drops to New Low
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28/07/2008
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Mortgages
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Hits:
2
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Figures released this week show that new mortgage approvals fell in June to a new low. Successful mortgage applications were down a staggering 23 per cent from May according to statistics released by the British Bankers’ Association (BBA), who say this is...
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Mortgage Lending Drops to New Low
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28/07/2008
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Housing Crash
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Hits:
2
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Figures released this week show that new mortgage approvals fell in June to a new low. Successful mortgage applications were down a staggering 23 per cent from May according to statistics released by the British Bankers’ Association (BBA), who say this is...
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Another Hold On Interest Rates
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06/06/2008
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Debt
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Hits:
2
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Today's meeting of the Bank of England's Monetary Policy Committee decided that bank rates should stay at 5.0%. This means there has been no movement in the Bank rate since the 0.25% cut on 10 April.
The Bank is concerned about the level of inflation,...
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Another Hold On Interest Rates
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06/06/2008
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Interest Rates
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Hits:
2
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Today’s meeting of the Bank of England’s Monetary Policy Committee decided that bank rates should stay at 5.0%. This means there has been no movement in the Bank rate since the 0.25% cut on 10 April.
The Bank is concerned about the level of inflation,...
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Read More »
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How To Sell Your Home
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27/05/2008
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Sell Home Fast
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Hits:
2
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Are you reading this article and wishing you were somewhere else? If so, you might be one of the thousands of people who have a ‘For Sale’ board outside their homes. You are desperate to move house but because the property market has slowed almost to a standstill...
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House prices continue to slide
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01/05/2008
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Mortgages
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Hits:
2
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House prices have now been falling steadily for more than six months, according to statistics published this week. In April, prices were more than one per cent down, bringing the average UK house price to approximately £178,500.
There is a mixed reaction...
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Impossible To Sell?
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04/04/2008
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Sell Home Fast
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Hits:
2
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We reported a couple of weeks ago on ‘A Buyer’s Market’, focusing on a fall in the number of properties sold and the downward trend in the price of housing stock. Since then news for sellers has worsened, with this week several mortgage lenders withdrawing...
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It's a Buyers Market
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25/03/2008
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Sell Home Fast
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Hits:
2
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House sales are in a slump and prices are falling. So say the latest reports on house price trends throughout the country.
The key reason appears to be the disparity between the number of buyers and the number of sellers. The credit crunch has made...
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Property Market Round Up
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02/01/2008
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Home Information Packs
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Hits:
2
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As we approach the end of the year it is a good time to look back at the property market during 2007 and look at the current situation.
The year began with what had become a familiar trend of rising prices, which, it seemed, would go on for ever. But...
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Property Market Round Up
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02/01/2008
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Equity release
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Hits:
2
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As we approach the end of the year it is a good time to look back at the property market during 2007 and look at the current situation.
The year began with what had become a familiar trend of rising prices, which, it seemed, would go on for ever. But...
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Is Your Credit In Crisis?
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14/12/2007
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Debt
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Hits:
2
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As Christmas approaches more and more of us turn to our credit cards to provide the funds we need to finance our seasonal purchases. Despite the concern emanating from retailers it looks as if we are set to spend record amounts again this year. During the...
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Buyer Confidence Drops in Housing Market
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16/11/2007
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House Prices
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Hits:
2
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This week the financial commentators have reported on several factors that are hitting the housing market via a lowering of buyer confidence.
Property prices are slowing almost everywhere and in some areas of the country they are falling. One...
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Struggling To Sell Your Property?
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02/11/2007
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Interest Rates
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Hits:
2
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This week figures have been announced that show the first drop in house prices for two years. Is this the start of a real slow down and is the housing market in crisis?
Northern Rock’s recent difficulties have shaken the market considerably, showing...
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The Open Market - The Slow Market!
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25/10/2007
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House Prices
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Hits:
2
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There has been a debate raging amongst sellers, buyers, estate agents, lawyers, developers and others involved in the property sector as to how the process of buying and selling property in England might be speeded up, clarified and made less vulnerable...
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The Open Market - The Slow Market!
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25/10/2007
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Sell Home Fast
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Hits:
2
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There has been a debate raging amongst sellers, buyers, estate agents, lawyers, developers and others involved in the property sector as to how the process of buying and selling property in England might be speeded up, clarified and made less vulnerable to...
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Family Trends Today
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25/07/2007
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Sell Home Fast
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Hits:
2
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This week has seen the publication of the 37th social trends statistics from the Office for National Statistics. They show a marked difference in the type of housing being built in this country, the age at which children leave home to set up on their own and...
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Another Interest Rate Rise
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06/07/2007
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Interest Rates
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Hits:
2
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This week the Bank of England has yet again raised the base rate by one quarter per cent to 5.75%, the fifth rise in a year. There’s little doubt that when this new rise filters through to mortgages some already stretched home owners will be close to financial...
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Sell House Quick-No Change for UK Earnings
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23/11/2011
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Sell Home Fast
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Hits:
1
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Wage levels were lower than inflation in April 2011, and median average gross earnings per week did not change compared to April 2010, for full-time or part-time workers. Official statistics prove that men and women’s earning gaps narrowed only slightly this...
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Sell House Quick – Housing Market Stifled
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04/01/2011
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Sell Home Fast
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Hits:
1
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The Royal Institution of Chartered Surveyors conducts a monthly survey to check the health of the residential housing market. For November, the group found that prices fell – much like the month before – along with average sales per surveyor, newly agreed...
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Sell Home Quick – 7% Energy Rise
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22/11/2010
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Sell Home Fast
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Hits:
1
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British Gas has announced that customers will see a 7% increase in electricity and gas bills this winter, making it the second major energy supplier in the UK to announce an increase in prices for this winter.
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Sell and Rent Back – UK Lending Moribund
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02/11/2010
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Sell Home Fast
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Hits:
1
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As building societies and banks continue to severely restrict their lending to potential home buyers and consumers become more focused on not borrowing beyond what they can afford, all sides of lending have become more conservative, causing stagnation in the...
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Sell House Quick – More Government Borrowing
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29/10/2010
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Sell Home Fast
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Hits:
1
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New figures released by the Office for National Statistics reveal that government borrowing has increased, with a record £16.2 billion borrowed in September to close the public finances gap. This is the highest recorded borrowing for September, up from £14.8...
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Sell and Rent Back – Defense Cuts
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26/10/2010
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Sell and Rent Back
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Hits:
1
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The recent strategic defense review spelled out 8% cuts for the defense budget. As part of these cuts, 42,000 jobs in the armed forces and the Ministry of Defense are scheduled to be cut by 2015. Cuts for additional departments, expected to range from 25% to 40% will also be outlined, excepting the international development and health departments. These cuts are in addition to the expected welfare cuts. ...
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Quick House Sale – Sellers Outnumber Buyers
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26/10/2010
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Sell Home Fast
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Hits:
1
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In recent months, there have been fewer buyers who are interested in purchasing a home and can qualify to do so than there have been sellers putting their properties on the market. This situation of sellers outnumbering buyers has resulted in a drop in housing...
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Sell and Rent Back – PPI Insurance Curbs
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18/10/2010
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Sell and Rent Back
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Hits:
1
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As confirmed by the Competition Commission, banks will not be allowed to sell payment protection insurance (PPI) policies to their customers when granting loans; however, lenders will be able to offer PPI policies to customers seven days after the loan is...
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Sell Home Quick – Government Scheme Scrapped
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16/09/2010
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Sell Home Fast
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Hits:
1
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Blaming unrealistic spending commitments inherited from the previous government, the new coalition government has scaled back or completely axed hundreds of intended playgrounds throughout England originally planned for under the £235 million Playbuilder scheme,...
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Sell House Quick – Inflation Risk
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02/09/2010
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Sell Home Fast
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Hits:
1
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The Policy Exchange has put out a warning that interest rates could need to increase to 8% in an effort to combat mass inflation. The think tank speculates that a wave of money could be unleashed as a result of the economic recovery.
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Sell and Rent Back – VAT Rise
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05/07/2010
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Sell and Rent Back
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Hits:
1
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In a move that did not come as a surprise to most UK residents and retailers, the chancellor’s decision to increase the standard rate of the Value Added Tax (VAT) will bring the UK’s VAT closer to rates found elsewhere throughout Europe.
...
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Sell House Quick – Pension Deficit Widens
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24/06/2010
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Sell Home Fast
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Hits:
1
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The Pension Protection Fund (PPF) reported a significant increase in the collective deficit of the private sector’s final salary pension schemes in the UK. By the end of May, the collective deficit of the 7,300 PPF-monitored schemes expanded to £42 billion,...
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Sell House Quick – Discount Vouchers
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04/06/2010
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Sell Home Fast
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Hits:
1
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Moneysupermarket.com has released figures showing an increase in the use of discount vouchers. These figures show that Britons have increased their use of discount vouchers by 25% over last year, which brings the use of discount vouchers for goods and services...
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Sell and Rent Back – Loan Shark Warnings
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01/06/2010
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Sell and Rent Back
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1
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New warnings about the dangers of borrowing from loan sharks will soon be disseminated. The Office of Fair Trading and trading standards officers are stepping up a campaign against loan shark lending and will be handing out approximately 200,000 leaflets and...
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Sell and Rent Back – Energy Bills Arrears
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25/05/2010
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Sell and Rent Back
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Hits:
1
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According to an estimate by uSwitch, UK consumers currently owe approximately £728 million on energy bills. While some figures seem promising, such as the numbers showing that 5.5 million households (21%) are currently in debt to their energy suppliers, compared...
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Sell and Rent Back – More Redundancies
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19/05/2010
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Sell and Rent Back
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Hits:
1
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The Royal Bank of Scotland (RBS) has announced that more job cuts are on the horizon. After a massive 2007 government bail-out saved the back from collapse and resulted in RBS being 84% taxpayer owned, the bank began to look for ways to cut costs.
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Sell and Rent Back – Slow Economy Recovery
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18/05/2010
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Sell and Rent Back
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Hits:
1
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The UK economy is recovering from the recent recession at a rate that is slower than experts predicted. Official estimates show that recovery during the first three months of this year was approximately half of the anticipated rate, with the Office for National...
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Sell House Quick – Joint Home Owners Debts
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12/05/2010
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Sell Home Fast
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Hits:
1
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Properties held by joint home owners may be at risk unbeknownst to one of the joint owners. This is because credit card companies are not mandated to inform the joint owners of an asset regarding debts that are accrued by the other joint owner.
...
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Sell and Rent Back – Consumer Prices Rises
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06/05/2010
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Sell and Rent Back
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Hits:
1
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As most UK residents are well aware, consumer prices are on the rise. Not only must consumers contend with increasing prices on food, non-alcoholic beverages, clothing and footwear, but they are also feeling the continuing impact of the increase in VAT, which...
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Sell House Quick – Air Travel Decline
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24/03/2010
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Sell Home Fast
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Hits:
1
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UK airports are seeing fewer passengers these days and the number of travelers continues to decline. A total of 216.8 million passengers took flights in 2009, which is a 7.4% drop from 2008 and the lowest number of UK air travelers since 2004.
...
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Sell House Quick – Record High Insolvencies
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18/03/2010
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Sell Home Fast
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Hits:
1
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Throughout 2009, and particularly in the last quarter, the number of residents in England and Wales declared insolvent rose to a record high. Figures released by the Insolvency Service show that 35,574 people were declared insolvent just in the last three...
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Sell and Rent Back – Damaging Tax Rises
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16/03/2010
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Most concur that the UK simply cannot afford having political parties play games with public finances during this challenging economic climate and just before the upcoming elections; however, the Budget to be released on 24 March – which is the last Budget...
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Sell House Quick – Household Outgoings
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04/02/2010
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Interestingly, Britons believe that their average monthly household outgoings are approximately £892, when in reality they are spending an average of £486 more than that, for total average monthly household outgoings of £1,378.
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Sell Home Quick – Mortgage Repayments
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26/01/2010
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As the economic crisis continues, increasing numbers of households are resorting to borrowing money on their credit cards to pay their mortgages or rent. In 2009, millions of renters and homeowners, totaling 6% of UK households, used this method of payment....
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Sell and Rent Back – Pensions Cut
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19/01/2010
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Research shows that more than 1 in 10 (16%) workers who currently have a pension report that they have recently stopped contributing to their pension at all, or reduced their contribution amounts, due to the credit crunch and tough economy.
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Sell House Quick Negative Equity
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14/01/2010
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Sell Home Fast
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In October, 2009, UK annual house inflation dropped once again, this time by -2.1%. As reported by the Department for Communities and Local Governments (DCLG), as of October, 2009, the average house price in the UK is now £198,450 (£204,642 in England).
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Sell and Rent Back Debt Problems
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12/01/2010
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UK residents are currently struggling with debt and unemployment at levels that most have not previously experienced in their lifetime. Over 2,000 people per day lost their jobs just during October, 2009, of which 1,500 per day filed for unemployment benefits....
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Sell House Quick BA Strikes
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31/12/2009
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The High Court blocked a planned 12-day strike by British Airways cabin crew over the Christmas holiday and has deemed the action unlawful; however, the Unite union has made it clear that this will not be the end of their actions in response to changes being...
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Sell and Rent Back Job Losses
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29/12/2009
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In yet another blow to UK workers, the government has chosen to allocate funds to purchase 22 new Chinook helicopters. The government expects to receive the first half of the order in 2013, which will possibly be used in Afghanistan. To help pay for this planned...
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Sell House Quick Mortgage Deposit Rises
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25/11/2009
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As a part of the ongoing housing market crisis, it is being reported that the number of mortgages that require a 15% deposit has risen in the last month from 189 to 226; this is the highest number in over a year. House Buyer's Mortgages requiring a 25% deposit...
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Sell Rent Back Tough Scrutiny Plans
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05/11/2009
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In response to the disproportionate number of arrears and repossessions associated with self certification mortgages, the FSA has announced that plans are in place to increase regulations and laws regarding those mortgages. It appears that a great deal of...
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Sell Rent Back Market Economy Frail
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26/10/2009
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News that the British Chambers of Commerce (BCC) has expressed skepticism about whether the economy in the UK got out of the recession during the third quarter of 2009 has reignited worries that end is not near yet in terms of financial troubles.
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Sell And Rent Back Help Retailers
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12/08/2009
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Since so many places have been shutting down during this economic crisis, there are more shops available to rent in England and Wales than there have been in years. The number of available shops increased from 4% to 12%, and 12,000 independent shops and 4,000...
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Sell and Rent Back FAQ's 2
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31/07/2009
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In this second Sell to Rent FAQ article for the Sell and Rent Back Blog, we cover three more of our most popular questions. If you have any more questions about sell and rent back, please contact us. We are here to help!
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