Interest rates on first-time buyers mortgages have fallen Now just might be the perfect time for first-time buyers to enter the property market. Thanks to the availability of low-cost mortgages and steady housing prices. Research by the Bank of England shows that as of June 2019, 10-year fixed mortgage rates were at their second-lowest since […]
Category: Property News
UK House Market Prices Continue to Grow Despite Brexit Uncertainty
UK housing market The UK housing market has seen an average increase of 1.4% for house prices over the twelve months leading to April 2019 according to the latest published figures, putting the average cost of a house in the UK at £228, 903. View price predictions for 2019. However, the report published by the […]
Increased Demand from Buyers and Sellers Boosts Property Market
A property report by NAEA Propertymark indicates a growing demand in the property market for both buyers and sellers once more A 16% rise in property hunters registered per estate agent branch was reported with 307 new house hunters registered compared to 265 previously. This is the highest number registered since September 2018 which saw […]
Strong Performance from Mortgage Market Continues
The mortgage market has continued to grow in May following an impressive performance in April. Mortgage approvals have shown no signs of slowing down for 2019 despite initial Brexit property fears. According to the latest figures from charted surveyors e.surv, approved residential mortgages reached 65,801 in May, an impressive 1.2% increase compared to May 2018. […]
Highest Level of House Sales in April Since October
Latest data published by the National Association of Estate Agents (NAEA) show that the number of sales agreed in April have reached their highest level since October 2018. Further statistics indicate that first-time buyers are continuing to grow in the property market as 2019 continues. Estate agents have continued to see property buyers and sellers […]
UK Property Remains a Good Long-Term Investment
Why Buying UK Property Remains a Good Long-Term Investment Many potential house buyers and sellers have adopted a wait and see policy on Brexit before they make their move one way or the other. With fears of a house price crash, buyers are hesitant to buy now while sellers are worried the value of their […]
Conveyancing Figures Defy Brexit Predictions
Conveyancing figures allay fears of a Brexit slump in the housing market You may think with all the talk of Brexit that buying and selling on the property market had stalled as buyers worry that the house they buy may suddenly drop in value after Brexit while other buyers may be waiting for an […]
Property price growth a Brexit legacy?
UK interest rates set to remain at 0.5% – Invest Your Money in Property
With banks warning that interest rates will not rise until next decade, secure investments can be hard to find. The best place to invest your money is in property. The BBC reports on the latest news on interest rates for 2018. Click here. Hunter Finance has years of experience as private lenders in the […]