Property Investment News

The mixed messages from the property market are still continuing. But what the official land registry say about the value of houses in different areas?

House prices inched up by 0.2% in June, says the land registry, but London is still recorded as being in double digit growth.

The capital is outstripping most of England and Wales where prices are up 8.4% year on year. House prices have climbed since their recent low in 2009 and are now probably at the same level of prices as they were in 2006.

The report has revealed the extent of the divide between the London property market compared to the rest of this country- with the average in London as twice as expensive as the rest of the country at £338,346, that is twice as expensive as the nation average, which is pretty scary.

Sales volumes seem to be up year on year, with an average of 44,161 a month between January and April compared to 32,013 last year.

The lowest annual property price inflation was seen in the North East at 2.9%. only areas in the south of the UK  saw rises of over 5%.

Experts say that despite the gradual recovery of the property market there are still some areas still bordering slump prices.

The NAEA chief executive Peter King said: “There are enormous regional differences in prices of the property market this year and it looks like it will continue”

The latest land registry statistics show that the housing market is slowly recovering, this is be welcomed, but lots of people are still excluded from owning a home because lending remains unfairly restricted. property investment in London seems to be a good thing to be into with prices being sky high there.  BMV Properties is no longer the case in London.

The mixed messages from the property market are still continuing. But what the official land registry say about the value of houses in different areas?

House prices inched up by 0.2% in June, says the land registry, but London is still recorded as being in double digit growth.

The capital is outstripping most of England and Wales where prices are up 8.4% year on year. House prices have climbed since their recent low in 2009 and are now probably at the same level of prices as they were in 2006.

The report has revealed the extent of the divide between the London property market compared to the rest of this country- with the average in London as twice as expensive as the rest of the country at £338,346, that is twice as expensive as the nation average, which is pretty scary.

Sales volumes seem to be up year on year, with an average of 44,161 a month between January and April compared to 32,013 last year.

The lowest annual property price inflation was seen in the North East at 2.9%. only areas in the south of the UK  saw rises of over 5%.

Experts say that despite the gradual recovery of the property market there are still some areas still bordering slump prices.

The NAEA chief executive Peter King said: “There are enormous regional differences in prices of the property market this year and it looks like it will continue”

The latest land registry statistics show that the housing market is slowly recovering, this is be welcomed, but lots of people are still excluded from owning a home because lending remains unfairly restricted. property investment in London seems to be a good thing to be into with prices being sky high there.  BMV Properties is no longer the case in London.

A document has been published saying that, what appear like forever falling property investment prices are not as bad as they have been led to think by some leading solicitors.
This is still bad in case you are looking to sell your property. The National Institute of Economic Research (NIESR) will effectively fall by 8% when inflation has been taken in to account. Although the house prices as not as bad as they first thought NIESR has said that they are going to be the same in 2015 as they were in 2003, so not nice then. This news is nice news to sellers because they won’t lose £42,000 on the worth of their home, they will only lose 13,440 this is still bad mind. Being able to sell my house speedy is getting worse!
NIESR issued a grave warning to overstretched home owners,” they have made this assumption that they will stay steady but the fact of the matter is they could fall dramatically at anytime” they also went on to add “But even so house prices will only have fallen by 8% if all keeps on track, but as they said before they could plummet at anytime.”
PWC said that there is a 65% chance of your home being worth less in 2022 than in was in 2009. That’s a triple whammy of reports making the property market look increasingly grim & gloomy. None of this is frankly excellent news in itself but at least it nowhere near as bad as they had four times been led to think. The forecasts unnerve the 3.6m of use who have bought a property since house prices reached record breaking levels in 2006 to 2007. Even the individuals who put down giant deposits could find themselves in trouble as their equity is eroded.

BMV Properties could not do with the price fall.

House prices are now back at the levels seen in the summertime of 2006 after rising further in June, according to Land Registry figures today.

But UK property investment prices edged up by 0.1% between May & June as specialists said the market was showing signs of reaching a turning point.

June’s Land Registry information revealed the average cost of a property in England & Wales stood at £166,072 in June, which is 8.4% higher than a year ago.

It marked the eighth month in a row where house prices were higher than a year earlier & meant that values have recovered to the levels recorded in July & August 2006 – a year before the credit crisis struck.

All regions in England & Wales saw increases in their average property values over the last 12 months.

London had the largest annual rise – up 12.2% – while the smallest increase was registered in the North East, up 0.7%.

However, every month rises have been slowing since the market began to select up last year. Most house are now BMV Property .

Prices stalled in March after a 2.1% leap at the beginning of the year & the height of the spring selling season saw growth reach 0.2%.

Mr. Diggle, at Capital Economics, said: “Today’s Land Registry index adds to the emerging facts that house prices may have reached a turning point.

“Marginal growth in June does nothing to dissuade us that house prices will fall back in the second half of the year & in to 2011,” he added.

The figures come as the National Institute of Economic & Social Research (NIESR) warned house prices would fall by around 8% over the next three years, with inflation taken in to account, as the Government’s austerity measures bear down on the market.

The Land Registry information, which makes use of values from completed sales than asking prices, lags other industry house cost indices, which have all pointed to a slowing market.

How many of tenants do you think cannot afford to pay their rent? 5% ? 10% ? 15% ? or even more? I mean, there is been a recession, but we are not in a depression… right? How bad can it be?

Well get this… in the first quarter of this year, according to the National Landlords Association, a quarter of tenancies were in arrears. That is right – a quarter!

Of work that leaves plenty of a buy-to-let (BTL) landlord in a impossible situation. They can try to come to an arrangement with errant tenants, or else accept that they are not going to get their funds, and chuck them out. And getting them out is not always simple…

Historically in the past I had a rental property and had to get the tenant out. Even with a short term tenancy agreement, there were hoops to jump through, including going to court. So it is not pleasant and it takes time.  no money down deals are key for this.

Most landlords finish up working things through with tenants – which usually means less rent. That reduces the already miserly yield on property. If I were still in that game, it is probably what I’d do .

But there is another trick for landlords that could give them a tidy profit, and it applies to someone with a property. How do you think property investment is looking? These are a BMV Property .

Should we listen to all these “doom mongers” saying that the property market is going downhill and is going to collapse.

I think what they say has to have been derived from somewhere so i think they may be some truth to what they are saying but i think are blowing this widely out of proportion, yes there may be low house prices but they are thinking that the years before this were normal but they were not normal they were at record breaking high levels.

All these “doom mongers” need to take a step back and analyse what is actually going on, yes house prices are down but they are returning to normal, slowly but they are getting there, just because the year before this were at record levels does not mean these years should be, however i do agree with them on one thing, and that thing is that these so called “experts” don’t really know what is happening or what is actually going to happen, they all keep releasing reports that undermine and contradict each other, take Halifax’s last report as a scapegoat they said that prices have risen by about 0.7% but in the same month Nationwide said that prices fell by 0.5%. They both completely contradict each other! I am confused on who too believe, so I have decided not to listen to either of them and take this view on things. Yes house prices are decreasing but if you are buying a house you will of sold your last one right? So the money you get from your house is going the same distance as it would if prices were high. BMV Properties is what most of our houses will become if these doom mongers are right.  no money down property seems to be taking off because people are listening to these “doom mongers”.

property investment seeming like a good idea?

Need to sell your house fast? Or want someone to invest in your home?  property investment is big these days.

Use these tips to help you spruce up your home to help buyer fall in love with your property!

1. You need to make sure there are no cracks or dents in the walls, if so fill them up! Also make sure there are no stains on the especially if it is a white wall because the potential investors eye will be drawn straight to it, so paint over it. BMV Property is a big one for doing this.
2. You will need to clean all the windows and the doors, nothing worse than a scruffy house is there?
3. Make sure the garden is in ship shape and if there are any problems with the grass going yellow or whatever  make sure you put some sort of garden healer on it so it all goes green, if you just leave is yellow it will draw the eye and make it your garden look scruffy.
4. Make sure there are no bits of furniture blocking or obscuring a way because it someone has to manoeuvre around someone’s and it feel awkward it will effect there first impressions and it will not feel right to them.
5. Try and make your home stand out in some way, like offer biscuits and tea or make the house smell nice, there is nothing more convincing than a homey smell. It will make them remember your home as being very nice and homey. But do not do something drastic because if you say; paint a room or something a wild colour they may not like it and remember the house as being ugly or something, so nothing drastic or artistic.

no money down property could be a good idea for a new home?

HOUSE PRICES FALL FOR THIRD MONTH IN A ROW!

The average home cost dropped by 0.6% last month, this followed a 0.6% drop the month before an a 0.1% drop the month before that.  The dramatic price drop comes after a robust recovery from a recent low in 2009, prices have risen 7.6% since then but they decreased by £3,150 in january this year. Annual inflation drop back to 6.4% from the 6.8% recorded last month. Halifax estate agents reports than an increase in the number of homes coming up for sale was tipping a blance between supply and demand. Mr. Ellis, the bank’s housing economist “a shortage of properties for sale in 2009 contributed to an imbalance between supply and demand and was a key factor trying to raise house prices last year”

Looking to get into property investment? We can help!

Mr. A, chief uk economist at economist at analysts Global Insight, echoed the view that a slowdown would arrive. He said that “The 3rd successive drop in prices reported by Halifax in June adds to a recent storm of soft data on the housing market and states our relative pessimism over the housing market. Yes, we will increasingly suspect house prices will only flat over the rest of this year. We had previously thought that a small rise was possible.  “We are reverting back to a buyer’s market and therefore sellers must vie for their attention with competitive price”

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It was the very first time since March that the UK’s biggest building society recorded decline in house prices. A 0.6% fall in the average price of a home in the UK dropped by £768, from June to July it dropped to £169,457.

The contest in the property market is begging to ease, says Nationwide, as the amount of new potential homebuyers has fallen, while more and more properties are coming up for sale. But the chief economist Mr G says “it will take around several more months to establish whether house prices are now simply oscillating around a flat price trend or whether it’s a period of falling prices may be in store.”

Binning Home Information Packs has brought the return of speculative sellers back to the market and heightened the number of homes for sale. The building society also said the uncertainty over jobs and the economy as the government highlights its austerity outlook was impacting on the confidence of properties.

July’s fall comes after the growth stopped in June, even though prices remain higher on year to year bases.

Property Prices are now up 6.7%, with rate of inflation falling back from 8.5% in June and a peak of 10.3% in April.

Nationwide outlined the difficulty the market could be facing as it tries to return to normality, with transactions still running at half the pre-financial crises level. This comes despite a rock bottom interest rates  for those with higher deposits and stamp duty holidays for first-time buyers up to £242,000

Mr G also said that “a combination of restricted credit conditions and uncertainty about the future of the economic outlook. looking to property investment or into BMV Properties? Try no money down deals!

According to Halifax house prices rose by 0.7% in July! This is just continuing the run of mixed signals that we are getting from the big players in the property market.

The mortgage lending giant’s price report has just contradicted the other major reports from the likes of Nationwide and Hometrack that said that prices fell in July, but Halifax did say that the property market is slowing and that it could come to stand still before October. no money down property seeming like something to get into?

Halifax’s alarming findings contradicted with last week’s Nationwide report which said that house prices fell by 0.4% last month.

Halifax’s July figures which put the average home up by £1,093 to £167,437 also reversed the 0.6% fall in prices last month. House prices are up 4.7% annually says Halifax but down 0.8 at the start of this year. So Halifax has basically just blown all of the other major players out the water with their recent report which is a bit worrying because it seems to me, that no one really knows what is going on with the property market, and with the investments we make into house it would really nice to know what is actually going on with the housing market, these are the biggest investments that some of us will ever make!

But still it is nice to know that prices are up, even if they are not and Halifax got it wrong i know which one I would rather believe, you know what they say, ignorance is bliss. Especially is your property is a BMV Property.

UK property investment seems like a good idea at the moment.