News Tag: bottomed out
September 2, 2009
A new report from professional advice website, Unbiased.co.uk, show mortgage enquiries from first-time buyers regaining ground, after a slight fall in June.
The firm recorded a 43% increase in July, indicating that some of those aspiring to homeownership are convinced the UK housing market has bottomed out.
Unbiased chief executive, David Elms, comments: “Many first-time buyers who are able to ...
Baffled first-time buyers seek whole of market mortgage advice
by Gill Montia
July 20, 2009
Rightmove has reported a 0.6% rise in asking prices in July, taking the average vendor's ambitions to £227,864.
The property portal therefore suggests that given June's slight fall of 0.4%, the UK housing market could remain in a "steady state" during the second half of 2009.
According to the firm, the best time to pick up a bargain may have passed already, with ...
Rightmove’s average asking price up 0.6%
by Gill Montia
June 29, 2009
The tracker versus fixed-rate dilemma that currently faces homeowners has been investigated by moneysupermarket.com, with the odds laid out as follows:
Mortgage borrowers on tracker rates saw their monthly repayments fall substantially, as the base rate plummeted to 0.5%.
However, further falls in the base rate are unlikely whereas a rise is inevitable, probably by the end of the year.
This prospect makes the idea of a ...
Tracker/fixed-rate dilemma unravelled
by Gill Montia
June 19, 2009
The National Association of Estate Agents (NAEA) has reported a surge in the number of potential house purchasers registering with its members.
NAEA firms reported an average 299 househunters signing up in May, the highest level since September 2007.
However, last month the number of properties on estate agents' books fell to an average of just 69, down from 76 in April.
As ...
Surge in potential homebuyers as stocks dwindle
by Gill Montia
