Housing market remains reasonably strong despite summer lull

by admin Posted on March 30, 2012

Although a summer decline in figures throughout the property and mortgage markets within the UK has been seen, the mortgage broker will today be boosted by evidence to show that housing market activity has remained relatively robust. The latest Housing Market Activity Report by Connells has shown residential mortgage valuation activity increase year on year, increasing confidence within the market that economic life is set to improve.

Although the total number of valuations conducted throughout July rose by a sharp 47% compared to this time last year, there was still an 18% drop in residential valuations seen from last month’s figures, although the usual summer lull in valuation activity ensured that this was expected. Continue reading →

Posted in Mortgage | Tagged , , | Leave a comment

Protect The Value Of Your Assets With Preventative Maintenance Solutions

by admin Posted on March 23, 2012

Each major building repair that your property requires is not only costly; it also threatens the overall value of your biggest assets. Stay on top of potential problems with effective preventative maintenance solutions from an experienced and knowledgeable facility maintenance company. Not only will a regular maintenance schedule help prevent problems; it will also lead to higher asset appreciation and better aesthetic appeal.

Indoor And Outdoor Maintenance Solutions

Just because you don’t have a building repair to do, doesn’t mean there aren’t maintenance tasks to be completed. There are many benefits to hiring a facilities maintenance company to formulate preventative maintenance solutions and plans so that you can appropriately anticipate upcoming costs and expenses. Continue reading →

Posted in Wealth Building | Tagged , , , | Leave a comment

Problems Facing First Time Buyers

by admin Posted on March 16, 2012

Getting onto the property ladder within the current economic crisis for many people is a major struggle. With debt levels increasing year over year and household incomes dropping because of increased fuel duty and VAT recently rising from 17.5% to 20%, there is little reason why the amount of people renting has substantially increased. Considering that rent is usually higher than it would be when on a mortgage it’s easy to understand the frustration for many people.

Even though current mortgage prices are the lowest they have ever been since the data provider Moneyfacts began recording rates in 1988. First time buyers have been locked out of the property market by the initial deposit that is required. With the current choice between tracker and fixed mortgages, the better deals can currently be found within the tracker mortgages, where you can find very low monthly interest but at a cost of a deposit as high as 35%, with the added risk of the interest being significantly increased. Therefore only suitable for people who can afford this if and when it happens. Continue reading →

Posted in Personal Finance | Tagged , , | Leave a comment