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Reena Shares How To Get Over £100k Profit From Property In Just 9 Months!

Reena Shares How To Get Over £100k Profit From Property In Just 9 Months!

Reena Shares How To Get Over £100k Profit From Property In Just 9 Months!

Our friend, Reena Malra, “The Queen of Lease Options” will be running a Free Live Online Interactive Training and Case Study session on How To Really Profit From Property this week on Wednesday 10th June @ 8pm.

After attending Reena’s last exceptionally informative online training session, I can tell you it really was really insightful to hear, not only from Reena, but also from one of her very successful lease option mentee’s on how they are making huge profits from property!

We have been into property for a number of years and we learned so much from Reena’s last session that it opened our eyes and a few doors and we have only utilised just a few of the tips we learned, so this session is very exciting for us, that’s why we are sharing this fantastic FREE opportunity with you!

Discover How YOU can get £118,920 (GBP) Profit from Property in just 9 months WITHOUT…

  • Help from the banks
  • Using any of your own money
  • Relevant experience!

Register Here For This Free, Live Interactive Training!

Here’s what you can look forward to learning on the night:

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UK Property Prices Increase

UK Property Prices Increase

According to one of the UK’s leading mortgage lenders, residential property prices in the UK rose by more than economists had expected in January putting a halt to the annual decline.

Nationwide say that residential property prices in the UK actually increased by 0.5% in January 2013, a further sign that the two years of static residential property prices and historically low property sales across the UK may soon be coming to an end.

Nationwide have published data that states that the average residential property price in the UK is now £162,245 (GBP).

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The Bank of England reported on Wednesday that mortgage lending to home buyers in December was at its highest for nearly a year, although approvals remain low compared to the long term norm.

UK Mortgage Lending Increases

UK Mortgage Lending Increases

The number of residential property mortgage approvals in December was 55,785, with economists estimating that a level of 70,000 to 80,000 being consistent with stable prices.

Figures from the Bank of England (BoE), that were published last Friday, showed that the bank’s Funding for Lending Scheme, which went into operation in August 2012, may finally be starting to increase the amount of money being lent by banks and other mortgage lenders to residential property buyers.

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The number of owner-occupied households has continued to fall, according to the latest English Housing Survey.

The EHS 2010/11 survey says there were 14.45 Million owner-occupied households, compared with a peak of 14.79 Million in 2005.

By contrast, the number of Private Rental Sector (PRS) households has dramatically increased to 3.62 Million, compared with 2.45 Million in 2005.

In 2010-11

  • 66% of households were owner occupiers
  • 17% were private renters
  • 17% were social tenants.

The biggest shift towards renting in 2010/11 was in the 16 to 34-year-old age group.

  • 36% of this age group were in owner occupation
  • 18% were social renters
  • 46% were renting privately.

When compared with 1991, 60% of this age group were owner occupiers and 18% were renting privately.

The average household size for all households was 2.3 people, with 29% of all households containing just one person.

Owner occupiers were richer than private tenants, but paid less on a mortgage than tenants did on rent. An owner-occupier household had an annual income of £40,900 (GBP) compared with £29,000 (GBP) for private tenants. Owner occupiers made average weekly mortgage payments of £143 (GBP), compared with average weekly rent of £160 (GBP).

On average, weekly mortgage payments were 19% of home owners’ income, while weekly rent payments were 43% of tenants’ income. Private tenants had the highest housing costs of all three groups – owner occupiers, private tenants and social tenants.

The English Housing Survey also noted a significant fall in the number of households with a mortgage, down from 8.3 Million in 1996-97 to 7.1 Million in 2010-11.

There has also been a major change in the type of mortgage: in 1996-97, 33% of mortgages were repayment loans, while in 2010-11 this had increased to 73%. Only 3% of mortgages were interest-only in 1996-97, but the proportion had increased to 13% in 2010-11.

The survey found that 59% of private tenants and 23% of social tenants expect to buy a residential property at some point, and 16% had considered buying a home in the previous 12 months.

However, there was not much confidence about UK property prices: in nearly every region other than London, a larger proportion of households thought their property value had decreased rather than increased in value over the previous year. Around 1% believed they were in negative equity.

There Will Never Be A Better Time To Invest In Property

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