Author Archives: nicolasevern

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About nicolasevern

Nicola Severn's career in marketing communications spans over 15 years, the last 10 of which have been spent in the property and finance industries. As Propertywide's Senior Online Editor, and a homeowner and landlord herself, Nicola's vast experience of the property market allows her to provide a unique insight into the challenges and benefits of buying, selling, renting and letting property. Connect on Google: + Nicola Severn .

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

Specialist 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.

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

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

We 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….

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

Funds running short for Help to Buy in Scotland

Funds 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.

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

House price inflation accelerating faster than pay rises

The gap between rocketing house prices and pay rises for workers is expected to widen for at least the next five years, with potential to continue to do so for decades to come, the government advisory body concerned with public … Continue reading

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Posted by: nicolasevern Categories: Buying, Economy, Estate Agents, Selling 1 Comment

UK house prices sharply rise surpassing 2007 peak

UK house prices outstripped their highest valuations of 2007 casting doubts on the supposed cooling of the housing market. Rising for the 14th successive month, house prices grew by 1% in June which in turn stretched the annual rate of … Continue reading

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Posted by: nicolasevern Categories: Buying, Estate Agents, Latest News, Mortgages Comments Off

May Mortgage approvals dipped to lowest levels since June 2013

According to the Bank of England the number of mortgages approved in May was at its lowest level since June last year.

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Posted by: nicolasevern Categories: Finance, Industry News, Mortgages, Property News Tags: , , , , Comments Off

Help to Buy is assisting the right homebuyers with 55% of purchasers coming from the private rented sector

55% of people who have bought a property using the Government backed Help to Buy scheme have moved from the private rented sector, according to findings in Countrywide plc’s latest Quarterly Market Review.

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Posted by: nicolasevern Categories: Buying, House Prices, Industry News, Latest News Comments Off

Industry experts predict that interest rates could rise to 5%

According to Sir Charlie Bean, deputy governor for monetary policy at the Bank of England, it is ‘reasonable’ to think that rates will return to pre-recession levels in 10 years or more.

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Posted by: nicolasevern Categories: Buying, Economy, Estate Agents, Finance, Industry News, Latest News, Mortgages, Uncategorized Tags: , , , , Comments Off