Currently viewing the tag: "UK property market"
Help To Buy Could Boost UK Property Market

Help To Buy Could Boost UK Property Market

The Help To Buy mortgage indemnity scheme proposed by Chancellor of the Exchequer, George Osborne, in the budget announcement made last week is expected to raise both property transaction levels and property prices.

The Help To Buy mortgage indemnity scheme which kicks in next January is designed to generate £3.5 Billion (GBP) of new lending, could be administered by ‘bad banks’ Northern Rock Asset Management and Bradford & Bingley, now in the umbrella of UK Asset Resolution.

Lenders would have to pay to participate in the scheme, but the price has not yet been set.

Estate agents expect Help to Buy to enable people to buy both existing properties and new build homes with 95% mortgages.

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Are Landlords Sure Thay Are Not Victims Of A Rent To Rent Scam?

Are Landlords Sure Thay Are Not Victims Of A Rent To Rent Scam?

There are more worrying developments in the UK PRS, as the practice of Rent To Rent within the UK residential lettings market is causing increasing concern among industry professionals.

The practice of Rent To Rent, sees one set of individuals renting a privately owned residential property within the UK private rented sector (PRS) and then sub-letting it to another tenant for profit, as a business.

It is widely believed that many Rent To Renters are operating without the landlord’s knowledge or consent.

Professional tenants have reportedly accepted a tenancy, signed agreements of multiple properties, then they have proceeded to sublet the properties to unsuspecting third parties, unaware of the true situation.

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Boost For First Time Buyers As Banking Group Announces Lending Target For 2013

Lloyds Pledge To First Time Buyers

Lloyds Pledge To First Time Buyers

Lloyds Banking Group has committed to lend £6.5 Billion (GBP) to First-Time Buyers by the end of 2013 which is expected to help up to 60,000 new borrowers.

In July 2012, the Group committed £5 Billion (GBP) towards helping First Time Buyers (FTB’s) by the end of the year.

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The Top 7 Property Predictions for 2013 – Exposed -Register for YOUR Unfair advantage NOW!

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What’s in store for the UK residential property market in 2013?

What's In Store For The UK Property Market In 2013?

What’s In Store For The UK Property Market In 2013?

Many of the predictions made by property analysts have so far been reasonably positive in that the state of the UK property market can’t really get much worse.

2012 was a rollercoaster kind of year with the Queen’s Diamond Jubilee and the Olympic and Paralympic Games having an effect on the market.

But overall UK residential property prices and property sales have been fairly stable, probably ending the year just higher than where they started, although by how much depends on whose figures you look at.

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