Recent News

A Property by the Sea

Posted by on May 20th, 2010

Britain’s coastline is home to many picturesque and scenic towns and villages and in some areas (with the right weather conditions) you could forgive yourself for thinking you were visiting the Mediterranean.

Places such as Devon, Cornwall, Sussex, and Plymouth around the South of England offer such amazing opportunities for finding really beautiful properties for sale. Rural and with superb access to some of Britain’s best beaches, choosing one of these locations with bring you a host of delightful properties.

Once you have chosen the ideal location for your property, the hunt for the right property begins. A look into local communities, what amenities and attractions are situated in a particular location and the general popularity of an area will all play a significant role in finding the right coastal property for you.

In addition you will need to contemplate your budget and how much over you will be prepared to pay for a property. Do you want to purchase a property that is in habitable condition but could benefit from modernisation, perhaps a property that is derelict or in need of a complete re working or  do you opt for a ready to move into property that features all the modern fixtures and fittings requiring you to do very little?

That will all depend on the points mentioned above. Location, Condition and Budget are the three factors to consider.

The Right Time To Buy Properties

Posted by on May 6th, 2010

According to some experts, the right time to search for properties to buy for investment purposes is now. Many are quickly choosing to buy properties after the housing slump and recession have shown signs of improving, combined with the growing need for rental accommodation across Britain.

Although we are not completely out of the woods yet, with the demand for properties rising because of the difficulty first time buyers have of obtaining a mortgage and the number of students requiring housing throughout their college and university degrees.

Despite all the rumours, the property market is on the up and before house prices begin shifting once more, if you are in a position to purchase property, many are urging to do it. At the moment the property sector has stabilised and can now show signs of becoming profitable for landlords, buy to let mortgage owners and property investors and developers.

Easy access to informative statistics online will enable you to look at possible areas of the UK that may hold more beneficial and lucrative enticements, so don’t be afraid to search further afield for the perfect property to suit your requirements.

Is it still worth developing properties?

Posted by on October 27th, 2009

So the economy is still in recession but with good market research, planning and financial analysis there’s still money to be made in the property development market.

The number of single people seeking homes is going up with an ageing population and because of divorce. Low levels of interest and a lack of new homes is continually putting upward pressure on the housing market. The slow planning process has also failed to deliver enough housing.

A good indicator of an up and coming area is the growth in business properties. These figures can be gained from local authorities.

It’s also important to make sure that your ideas for a development fit what the market want. There’s no point developing a big house into flats if it’s not what people want and would therefore lose you money.

Once you’ve decided which market you’re going to look at it’s then important to choose the right property. Choose a development which is within your abilities or that your builder can develop within your budget.

With the right market and the right property, development is still worth it.

What risks are involved in the buy-to-let market?

Posted by on March 11th, 2009

The main risk involved when opting top buy property to rent out is that the value of property can go down as well as up, as can any investment. Additionally, when you rent out a house you are responsible for keeping the house in sufficient working order, so any boilers, washing machines or leaking taps will be your responsibility to sort out. Difficulties can also arise when arranging finance if you are planning on letting to a student or a DSS tenant.

What is the value of my property if house prices are falling?

Posted by on January 27th, 2009

It is common knowledge that property prices have been shooting through the ceiling over the past couple of years. However, if you have been keeping up with the latest newspaper headlines, the internet or if you speak to an estate agent, it appears to be emerging that the property market may be slowing down, or even turning round. Property that is situated in a good area with a low crime level, on a public transport route, outstanding State schools/colleges/universities and with easy access to fundamental amenities, will almost definitely forever be sought after.

 

Why do house prices vary from region to region?

Posted by on January 26th, 2009

Nearly all surveys are in agreement that the slow-down has been more prominent in the London area and the SE of England, where property prices are extremely more elevated. 1st time property purchasers have a predominantly hard job affording a property in these areas, and the county has also witnessed massive employment casualties amongst the wealthier City employees. In other areas of the country, in particular up North and Wales, where property prices are a lot less, the property market has carried on rolling ahead.

Falling house prices

Posted by on December 2nd, 2008

 

Since the peak of house prices in July 2007, house prices have fallen significantly. The Main Reasons for this are, difficulty of getting mortgage due to credit crunch, affordability (low income), current economic recession and high un-employment rates and also fear of losing money. Simple laws of supply and demand show that until all of at least some of these problems are rectified house prices will continue to fall considerably. House prices in the U.K have fallen every month for the last 12 months and expert economists believe that this current slump could infact go on until as late as 2010. Although bleak sounding, the current state of the property market does favour certain individuals, such as first time buyers who have already secured loan agreements as it gives the a better deal for their money and also alot more bargaining power with estate agents.

Recent Comments | Recent Posts


Wordpress Themes designed by: Makequick
bottom