Category: Articles
Barclays predicts UK house price rise of 6.1% by 2021 – Investment … – Property Community
A website for property news reports that a major UK bank has predicted that the average price of a UK house will go up by 6.1% by the year 2021. This position goes against prevailing negative thoughts, perhaps fueled by Brexit. In addition, this bank has reported that the demand for mortgages for those buying […]
£320k mortgage Northern Ireland man has home repossessed – Belfast Telegraph
Many homes in Ireland are continuing to being repossessed by many middle class citizens. Many individuals coping with this situation are demanding court order to prevent this supplying bank testimonies and mortgage deals as proof against the repossession. The judge of these cases are rejecting these claims despite the changing the equity prices of the […]
Remortgaging is propping up a slow home lending market in the UK – Property Wire
Many are redoing their mortgages to get better rates and cheaper payments. This helps may keep their homes. If it weren’t for this the home loan market would be way down. This remortgaging is what’s keeping it going. This is in the UK but the same remortgaging happens everywhere when people feel they need a […]
Brexit not deterring Asian investors from UK property market – BBC … – BBC News
Asian markets in the UK on the rise. It seems that the percentage of Asian investors is on the rise, up to 28 percent versus last years sales of 17 percent. One of the biggest draws for the Asian customer is the stable economy of London, the availability of good schools and the exchange rate […]
Sovereign investors raise property holdings, wary of UK on Brexit – Nasdaq
Investors aren’t sure about Brexit and the affect on the economy in the UK. They are worried about their holdings and possibly losing their investment. They invest in property and don’t know what Brexit will do to the property market. Politics do affect the economy. So does real estate. Investors are smart to pay attention […]
House buying revealed to be the biggest concern for young people … – The Sun
Young aged people (18-34) have more commonly reported that their biggest concern is purchasing property. Almost one third of house purchases get derailed, costing the purchaser thousands. Calls are out for government regulation to prevent such disastrous outcomes. The system is inherently flawed and purchasing a house can be a long, expensive and extremely stressful […]
Yes, house prices are falling: but they probably won’t fall quickly – The Guardian
The real estate economy is not looking good right now. KNowing this doesn’t make any homeowners or realtors feel any good, but at least it’s on a slow incline. The drop I see expected to take anywhere between six months to a year to make to much of a dramatic decreases but for future homeowner […]
U.K. mortgage approvals fall again in April – MarketWatch – MarketWatch
UK mortgage approvals are down which means fewer people are getting one. What does this mean? How does it affect the economy? First of all fewer houses will be sold. There will also be fewer people trying to pay back loans. This could affect rates on mortgages for those who do get one. It could […]
House prices grow at slowest rate in four years – The Week UK
UK house prices are not going up quickly. They are increasing at a very slow rate, the slowest in four years in fact, and this is great news for home buyers. It’s not as good for selling but buyers are going to get lower rates and that helps them. Their paymets will be lower and […]
Mortgage rates: New wave of ‘mortgage prisoners’ could return and it’s down to THIS – Express.co.uk
Mortgage prisoners aren’t a new brand of prisioners – the first wave of these came during the 2009 financial crisis. Becoming a mortgage prisoner is a result of people borrowing heavily but only putting down small deposits. There is a major fear that the number of people trapped as mortgage prisoners could increase – currently […]