Mark Carney: Interest rates to stay low

Amid slowing UK growth and a weak world economy. Bank of England governor Mark Carney has said policymakers are in no rush to raise interest rates. He said "now is not yet the time" to hike rates from their historic low of 0.5% following turmoil in financial markets as oil prices have plunged and China's economic slowdown has spooked investors. Mr Carney delivered a speech at Queen Mary University of London, He said a rise in UK rates will "depend on economic prospects, not the calendar". “The year has turned and, in my view, the decision proved straightforward: now is not yet the time to raise interest rates,” he said. “The world is weaker and UK growth has slowed.” "That means we'll do the right thing at the right time on rates," he said. Mike Coady, Managing Director of deVere Mortgages, observes: “The collapse of oil prices, weak economic performance in...
Подробнее на сайте: https://medicinearea.ruhttps://qualitymedicine.ruhttps://firehealth.ruhttps://honeymedicine.ruhttps://primemedicine.ruhttps://caremedicine.ru https://youmedicine.ruhttps://boomhealth.ru https://enjoyhealth.ruhttps://plusmedicine.ruhttps://fullmedicine.ruhttps://forcehealth.ru https://elmedicino.ruhttps://luckmedicine.ruhttps://italianmedicine.ru
Rate this blog entry:
Continue reading
13062 Hits
0 Comments

3 Ways to Reduce the Stress of Selling Your House

Selling your house is one of the most fraught, stress-inducing experiences that you’ll ever have to endure. There is so much riding on your transaction going to plan, from your financial situation to the next property you’ll buy, your ability to expand your family, and the job opportunities available to you. For lots of people, this simply becomes too much. Their stress levels rise, their anxiety levels peak, and they swear that they’ll never go through it again. Luckily for you, you don’t have to be one of them. There are lots of ways to ensure that your sale goes as easily and smoothly as possible, and here are three of them to inspire you… 1: Price Your Property Realistically A common ploy by homeowners is to price their property for more than they actually want. The idea behind this is that it will leave some wriggle room for negotiation,...
Rate this blog entry:
Continue reading
882 Hits
0 Comments

How to Make the Most of the Market

Establishing a good buy-to-let portfolio can be arduous and time-consuming. Even when you think you’ve got things right, it can still feel like there isn’t enough time in the day. Unreliable tenants, empty homes, and all sorts of other problems can lead to a real headache. Here are a couple of things you can do to make life easier. Don’t Be Afraid to Ask Questions One of the biggest worries for any landlord is attracting reliable, long-term tenants who will pay their rent on time. While some people may feel uneasy, you should never be afraid of asking too many questions. After all, it’s in your interests to be aware of the potential tenant’s history before handing over the keys. Start by running a credit check to see if they have a history of paying their bills on time and check with their current employer to see if the information...
Rate this blog entry:
Continue reading
1099 Hits
0 Comments

Why Student Property Investment should not be impacted by rising interest rates

For the first time since 2007, interest rates are set to rise in the United Kingdom. This is something which an investor has not had to worry about in a while. However, they are going to have to start. A rise in interest rates is going to have an impact on your mortgage and the amount of yield you get from the properties you own.
Rate this blog entry:
Continue reading
1425 Hits
0 Comments

Arrears and repossessions continue to fall, says CML

Latest figures from the Council of Mortgage Lenders show a fall in the first quarter of this year in the number and the proportion of mortgages in arrears or ending in repossession. A decline was experienced in all arrears bands, and across both owner-occupier and buy-to-let lending.
Rate this blog entry:
Continue reading
9534 Hits
0 Comments

TSB Intermediary Enters Buy-to-Let Market

Landlords will now have the opportunity for a TSB buy-to-let mortgage through an intermediary as the bank now offers these through brokers. TSB intermediary is initially offering five-year deals up for 75% LTV and a maximum loan size of £500,000.
Rate this blog entry:
Continue reading
980 Hits
0 Comments

Should UK House Buyers Take Advantage of Historically Low Interest Rates, Or Wait?

Whether you are thinking about buying your first home in the UK or you are planning to expand or downsize, it is to your advantage that you take a closer look at the current market conditions. Interest rates on home mortgages in the UK are at historically low levels and normally you may be wondering how long the interest rates will stay this low or if they will go even lower in the near future.
Rate this blog entry:
Continue reading
9246 Hits
0 Comments

Buy to Let Investing is still surging!

Buy-to-let investment is still surging, fuelled by impressive returns. A study conducted by a former economist last week claims that buy-to-let investments have outperformed all major asset classes over the past 18 years.
Rate this blog entry:
Continue reading
982 Hits
0 Comments

Cheap buy-to-let mortgage deals on the rise

Have you ever considered being a Landlord? Perhaps you’re a seasoned property investor who is looking to expand their portfolio? Whoever you are, it’s a great time to consider your options – research from Moneyfacts reveal that not only are the number of buy-to-let mortgages on the rise, but the deals are becoming cheaper too.
Rate this blog entry:
Continue reading
1384 Hits
0 Comments

Help to Buy: The Basics

In October 2013, a second phase of the Help to Buy scheme was introduced, and since its introduction, it has caused confusion. In fact, research showed that 1/3 of first time buyers were confused about the new phase of the scheme. This infographic by Natwest works to clearly explain the differences between the 2 phases, as well as providing an easy-to-understand visual representation of how the scheme works.
Rate this blog entry:
Continue reading
12065 Hits
0 Comments

Remortgage within less than 6 months

Buy to let lending remains strong with lenders serious about growing this part of their mortgage books. It’s still possible to get an 85% BTL mortgage with no early repayment charge and no minimum income required.
Rate this blog entry:
Continue reading
909 Hits
0 Comments

Lending in August is 3% down on July say CML

New CML data shows that lending is down slightly compared to July.  The first month-on-month drop in house purchase lending volume since February this year.  Monthly highlights: First-time buyer lending declined in August compared to July, with 28,900 first-time buyer loans - 4% fewer than in July but 9% up on August 2013. By value, there was £4.4 billion of lending to first-time buyers - 4% down on July but 22% higher than August last year. Lending to home movers also declined, with the number of loans advanced to movers totalling 36,500, a 3% fall on the previous month but up 7% on August last year. By value, lending to movers totalled £7 billion, 3% down on July but up 17% on August last year. Remortgage lending activity saw a decrease month-on-month and also year-on-year in August. The number of remortgages in August was 4% down on July and 11% down on the same month last year. The value of these loans (£3.7 billion) was down 5% on the previous...
Rate this blog entry:
Continue reading
8930 Hits
0 Comments

Property Prices in the UK Accelerated in August

The UK’s property market has been on a bull run for the last few years. It has transformed from a doldrum of economic ruin to an engine of the UK’s economy.
Rate this blog entry:
Continue reading
9390 Hits
0 Comments

House Purchase Lending up 33%

The Council of Mortgage Lenders reported that house purchase lending was up 33% in July, compared to last year. It also showed that lending is predominantly for house purchase rather than remortgage.
Rate this blog entry:
Continue reading
8765 Hits
0 Comments

Tips for Getting Your First Mortgage

The task of securing a mortgage is a difficult one, especially if you are new to the industry and it is your first time. With so much volatility in the housing market and so much jargon and detail to digest when youre looking to purchase your own property, it can seem like a daunting task to try to master it all. However if you take each step one by one then you will be able to get your first mortgage with ease.
Rate this blog entry:
Continue reading
1440 Hits
0 Comments

Lending on dwellings increased in May

Lending specifically secured on dwellings was also up by £2.0 billion in May to £16.9 billion, up substantially compared to the monthly average over the last 6 months increase of £1.5 billion.
Rate this blog entry:
Continue reading
7521 Hits
0 Comments

What is Landlord Insurance For?

It’s compulsory in many places for landlords to hold landlord insurance (also sometimes referred to as buy-to-let insurance), which is a specific type of cover for those who are renting out their property. It’s something that can prove to be very important indeed, with many people spending a good deal of time researching it to make sure that they have a helping hand should the worst happen. Here’s what it’s all about: Buildings Cover The main thing that this type of insurance covers, is the building and structure itself. There are many potential hazards that could leave a landlord very much out of pocket, ranging from fire risks, to subsidence to extremely rare occurrences such as terrorism. These are all things that can be insured against with one of these policies. Fire in particular is something that all homeowners must be aware of as it can be prevented, but then...
Rate this blog entry:
Continue reading
2005 Hits
0 Comments

A Little Look at House Prices

House prices are on a lot of people’s lips a lot of the time and so I thought that perhaps I could contribute by collating some recent news items from across the country. The gist of them all is that house prices are rising rather quickly across the UK and especially in large metropolitan areas like London. They’re great for the sellers, not so much for the buyers.
Rate this blog entry:
Continue reading
1339 Hits
0 Comments

Coping with Mortgage Defaults: How to Eradicate Debt over Time

The real estate market, which has been such a source of comfort for British residents in recent times, is currently causing significant concern among economists. This is because the value of mortgages advanced to first-time buyers has more than doubled in April, raising the overall level of debt and the risk of foreclosure. With fears that the housing bubble in the UK could be about to burst, it is important that struggling home-owners remain proactive and look to diminish their debt where possible. How to Eradicate Mortgage Defaults: 3 Tips for Struggling Home-owners With this in mind, what practical steps can you take to eradicate mortgage defaults and build towards a debt-free future? Consider the following: - Reduce Everyday Costs When people look to reduce expenditure, their first step is often to eliminate large ticket purchases and costs. This represents a false economy, however, as these costs are often sporadic...
Rate this blog entry:
Continue reading
969 Hits
0 Comments

Top Tips for Investing by the Sea

There’s probably not a British person alive who doesn’t look back with fondness on happy childhood days spent playing at the seaside. In fact, it’s almost certain that this sense of nostalgia has something to do with the popularity of seaside holidays in the UK, where every year hundreds of thousands of Brits will forgo a foreign excursion. In favour of a more traditional vacation in places such as Blackpool and Southend, whose popularity soared with the advent of ‘pleasure palaces’ in the Victorian era.
Rate this blog entry:
Continue reading
1191 Hits
0 Comments