House prices in Northern Ireland are continuing to rise, new figures say. The University of Ulster’s quarterly house price index reveals the overall average price of residential property has reached a new high of £114,150. News.bbc.co.uk 30 August 2007. The survey for the quarter from July to September showed growth over the year was 9.85% [...]
Britain’s housing boom could come under threat from the financial markets meltdown, the Nationwide Building Society has warned. By SAM FLEMING in The Daily Mail 30th August 2007 London’s skyrocketing property market is particularly vulnerable because of its dependence on big-spending City traders and bankers, the mortgage lender said – full article addthis_url = ‘http%3A%2F%2Fwww.landlordzone.co.uk%2Fblog%2Fnews%2Fwarning-of-house-price-collapse-if-stock-markets-dont-recover-the-daily-mail’; [...]
As students around the country get to grips with their A-Level results, those who’ve already completed their first year in university accommodation will be making the big step into independent housing. Moneyextra – 29 August 2007 Letting to students can generate substantial returns for landlords and the yields are often much higher than those achieved [...]
Think back only a few months and the analysts who study the US housing market were pretty confident things would turn out alright. It had hit the bottom, they said, and by the second half of the year sales and prices would be rising again. Richard Fletcher, The Telegraph Deputy City Editor – 29/08/2007 US [...]
Rumours of the demise of Britain’s housing market have been greatly exaggerated, but could contagion from the United States finally kill off the boom? Gabriel Rozenberg: Analysis – The Times, 29 Augist 2007 Do not underestimate the pain of America’s property market. Analysts expect prices to fall by about 10 per cent, which Bill Gross, [...]
PROPERTY is one of the UK’s most vibrant and exciting business sectors. But, as Kevin Venn of The Royal Bank of Scotland explains, although the commercial property market is hungry for finance, there can be challenges posed by this sector. The property sector is one for neither amateurs nor faint hearts, and that applies to [...]
The buy-to-let sector is providing housing market stability, as landlords are able to raise rents to absorb interest rate increases, according to one lender. By Jennifer Hill LONDON (Reuters) Paragon, which specialises in buy-to-let mortgages, said strong rental demand means landlords are able to raise rents to cover increased mortgage repayments – full Article addthis_url [...]
Positive rental growth is forecast to cushion a downturn for the commercial property market. Strength in the economy and rising capacity constraints continue to encourage business expansion. This is Leicestershire.co.uk – 28 August 2007 But with next year likely to see a slowdown in commercial property return from eight per cent to five per cent [...]
PainSmith Solicitors Legal Update – 24 August 2007 There are two key consultations which Landlords and the Agents may wish to respond to at the moment. The first of these is by the Law Commission which is considering how to reduce problems relating to poor housing quality and harassment of tenants. Their current view is [...]
The UK housing market has undergone marked changes during the past 30 years, due to a combination of demographic, economic and political factors. Precision Marketing Magazine 27 Aug 2007 A new study by GE Money Home Lending and the Future Foundation has identified the causes of change in this market, which continues to be a [...]
