Why do property prices fall? The old claim that property prices will double every 10 years has proved itself untrue since the 2007 credit crunch. Property prices can and do fall from time to time – but it’s important to remember that this isn’t always bad news for everyone.
House prices and relationship advice! I had a great time last week on BBC radio 5 Live as the midnight expert, meeting the fabulous Johnny I’Anson for the first time! We discussed a wide range of property topics including Mark Carney’s Brexit warning that house prices might drop
How does debt impact renting? Debt charity, StepChange (SC), has released a report looking at how its clients’ problem debt impacts on access to housing. In addition, affordability, security and the quality of their homes was reviewed when they were attempting to repay debt and/or stabilise their financial situation.
What makes house prices go up in the UK? There are many factors which drive up property prices but, on the whole, they are linked to two things: 1. The state of the economy 2. Supply and demand. Healthy economy A healthy economy – where jobs are growing and wages are
Checklists Checklist provided by www.propertychecklists.co.uk No one wants to pay for something they don’t need, so if you let your property with no furnishings, contents or free-standing appliances, you may only need buildings insurance. This checklist explains what to consider. Landlord insurance can be secured by
Checklists Checklist provided by www.propertychecklists.co.uk Even the most trustworthy tenant could fall victim to financial difficulties and may stop paying rent. If you would struggle to pay your own bills without this income, it’s worth considering rent guarantee insurance, which is tax deductible if you claim
What impact do politics and economics have on the property market? One of the few certainties in life, along with death and taxes, is that property prices rise… and property prices fall. How much this matters to you depends on your property plans – and whether you are a buyer, seller,
How much would it cost to rebuild your home? Ever wondered what actually adds up to make a house worth what it is? Well, new research suggests that the actual building materials and land only make up around three fifths of a property’s value. The research, conducted by Direct
Will continued campaigns against agents and landlords help tenants? Despite all the changes that are being made to the PRS, including increasing rules to prevent retaliatory eviction, agents having to publish their fees, then the banning of tenant fees (although this is still going through parliament, so yet to become
What do you think about build to rent? Report headlines Savills “Changes to tax relief on buy to let mortgage interest payments have made many private investors take a second look at their portfolios. With less tax relief and rising interest rates, many have chosen to consolidate or leave the
Are rents rising or falling where you live? Report Headlines Belvoir Lettings “In England, Wales and Scotland for all the offices that have been trading consistently for the last ten years, the data shows an average monthly rent of £730 for Q3 2018, which is a small year on year
Are we heading towards market stagnation? Report headlines Rightmove “Subdued prices provide first-time buyer opportunity this autumn” Home.co.uk “Price cutting hits 7-year high as vendors’ patience wanes” NAEA Propertymark “Number of homes available to buy up 15 per cent” RICS “Prices, demand, and supply all in decline as