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Housing Market cools for the first time this year

house market reformAsking values for houses fell for the first time this year, as freshly gathered data shows a potential cooling period in the housing market. Continue reading

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Posted by: Leanne Halsey Categories: House Prices, Mortgages, Property Market Tags: , , , , , Leave a comment

95% increase in buy to let lending reported by major lender

Rental PropertySpecialist buy to let mortgage lender, Paragon mortgages, has reported that between Oct 2013 and June 2014 it experienced a massive 95% year on year increase in the volume of buy to let mortgage advances it administered. Continue reading

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Posted by: nicolasevern Categories: Buying Property, Landlords Advice, Letting, Property Market, Uncategorized Tags: , , , , Leave a comment

It’s Hammer Time for Countrywide’s London Auction

On Thursday 24th July at 1.00pm, Countrywide Property Auctions will hold one of its Summer auctions event at the Le Meridien Piccadilly Hotel in Piccadilly, London. Continue reading

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Posted by: Samantha Turner Categories: Buying, Property Auctions, Uncategorized Tags: , , , , Leave a comment

London Living: Zone 2 for less than £850 per month!

garden squareWe all know that living in London isn’t cheap but finding an affordable home isn’t impossible, it may just require a degree of compromise…. Continue reading

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Posted by: nicolasevern Categories: Letting, Letting Agents, Renting, Tenants Advice, To Rent, Uncategorized Tags: , , , Leave a comment

Middle Aged borrowers struggling to take out mortgages – effect of new lending rules ‘a major challenge’

815492_30356691Middle Aged borrowers struggling to meet Mortgage affordability regulations, newly specified in April’s Mortgage Market Review, mean lenders have re-vamped their requirements for loan approvals. Banks & building societies are now considering a borrower’s post-retirement income before sanctioning a mortgage term which ends after the latter’s retirement. Even those who are planted firmly in the black, with sizeable assets and a good income must meet these requirements. Continue reading

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Posted by: Leanne Halsey Categories: Finance, Mortgages Tags: , , , , Leave a comment

Bank of England governor alerts to danger of potential financial crisis as UK house prices rise to record 10.5%

untitledThe Bank of England’s governor, Mark Carney, has reinforced his ominous forecasts concerning the UK housing market, as new data indicated that house prices rose by 10.5% in the 12 months to May. Continue reading

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Posted by: Leanne Halsey Categories: Economy, House Prices, Mortgages, Property Market Tags: , , , , , , Leave a comment

It’s Homes under the Hammer for Countrywides Auction in Exeter

Property auctionsOn the 22nd of July at Exeter Racecourse, Countrywide Auctions will be joined by the popular BBC programme Homes under the Hammer. This auction will be full of extra excitement as the cameras are set to roll and as we watch some great lots go under the hammer. Continue reading

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Posted by: Samantha Turner Categories: Interesting Properties, Property Auctions, Uncategorized Tags: , , Leave a comment

Funds running short for Help to Buy in Scotland

summerFunds set aside for the Help to Buy scheme in Scotland have run out only three months into the financial year leading many would-be buyers’ dreams of home ownership to crumble. Continue reading

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Posted by: nicolasevern Categories: Buying, Economy, House Prices, Property News, Uncategorized Tags: , , , , , , Leave a comment