Archive for May, 2009
Returns from property take time as well as timing
As a callow youth I remember being deeply impressed on first hearing this founding axiom of the investment world, which was delivered by the sage in question tapping his nose and closing one eye. By this stage of the lunch the nose was glowing redder and more bulbous (his, not mine) but I was determined [...]
MPs Phantom Mortgages
MPs who have used taxpayers’ money to pay for “phantom” mortgages on their expenses should be investigated by the police and prosecuted, David Cameron says in an interview with The Daily Telegraph. The Conservative leader’s warning came as Elliot Morley — the former Labour minister exposed for claiming more than £16,000 for a mortgage he [...]
Halifax Mortgages
The lender Halifax has this month indicated that homes are at their most affordable level since January 2003 – but only for people seeking their first mortgages. The National Association of Estate Agents (NAEA) said: “It could be expected that this figure would rise if mortgage finance was more readily available.” According to the John [...]
Number of Houses Sold Rise
The number of homes sold by estate agents reached an 18-month high last month as the property market continued to show signs of picking up, figures revealed today. The average agent agreed ten sales during April, up from eight in March and a low of just five last August, according to the National Association of [...]
Fixed Rate Mortgage Deals
Average fixed-rate mortgage deals have increased over the last two months, even though the Bank of England kept interest rates at an historic low of 0.5 per cent this week and pumped a further £50 billion into the system. The research came as three large mortgage companies, Britannia and Yorkshire Building Society, announced that they [...]
House Prices Rising
House prices could begin rising again by the end of this year, ending a slump that will have wiped more than £50,000 off the average property value. Experts from Lloyds group, which owns 30 per cent of the mortgage market, and the brokers, John Charcol, believe the clouds covering the property market will begin to [...]
UK house prices
UK house prices Published: May 1 2009 09:42 | Last updated: May 1 2009 22:24 Spring sunshine, easy money and the lure of a “bargain” can be a dangerously seductive mix for aspiring homebuyers. Servicing an interest-only mortgage for three and a half times salary, at current rates of about 4 per cent, eats up [...]
House prices fall back to 2006 level
House prices fall back to 2006 level By Norma Cohen, Economics Correspondent Published: May 8 2009 09:41 | Last updated: May 8 2009 09:41 UK house prices in April fell for the fourteenth month in a row, leaving the average home valued at no more than it was three years ago, according to the latest [...]
The Association of Residential Letting Agents
All private landlords would have to be registered before letting residential property under government plans to curb abuses in the growing rental market, The Times has learnt. Easy access to buy-to-let mortgages over the past decade has meant that the number of private landlords has risen to about one million in England and Wales, and [...]
Bruce
We have been established around the Camden Lock in Camden Town since 1978. We specialise in the Sale, Letting and Disposal of all forms of Commercial Property in North and North-West London. We offer a comprehensive service including free appraisals of properties to be sold, let or purchased and competitive commission rates based on success [...]
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