The Money Stop » property

What can a landlord do when a tenant stops paying their rent?

guest — Tue, 06 Sep 2011 08:22:56 +0000

that rental demand has increased by 15%. Despite this increase demand is still outstripping supply and according to their research an average of 5 people are competing for every one property. With unemployment at around 8% (National Statistics Office, June 2011), banks enforcing strict lending criteria and general economic uncertainty, [...]

What can a landlord do when a tenant stops paying their rent? is a post from: The Money Stop

Mortgage lending starts to pick up

Reno — Wed, 31 Aug 2011 19:39:34 +0000

Over the past year mortgage lending in the UK has remained very subdued, having gone through a very turbulent and difficult period after the global financial crisis and recession wreaked havoc across the nation’s financial markets. Many people have struggled to get a mortgage over the past year or two, which has resulted in fewer [...]

Mortgage lending starts to pick up is a post from: The Money Stop

First time buyers could benefit if banks were protected with insurance

Reno — Mon, 11 Apr 2011 09:53:19 +0000

For many first time buyers in the UK the dream of homeownership is one that has slipped from their grasp completely, with lenders either demanding huge deposits that first time buyers simply don’t have or refusing to offer a mortgage loan at all. Many first time buyers have been frozen out of the market by [...]

First time buyers could benefit if banks were protected with insurance is a post from: The Money Stop

Property Ombudsman reports on estate agent complaint figures

Reno — Tue, 22 Mar 2011 11:35:38 +0000

Estate agents have never been known as one of the best loved professions in the UK, and many people joke about how wary they are of estate agents. However, is seems that many people actually are not huge fans of people in this profession and this has been reflected in recent complaints figures that have [...]

Property Ombudsman reports on estate agent complaint figures is a post from: The Money Stop

Many could find mortgage repayments lower than rent

Reno — Thu, 03 Mar 2011 13:02:00 +0000

These days renting a property is something that a growing number of people are doing, and this is for a variety of reasons. There are many people that are renting purely because they prefer not to be tied down to a particular area or property. Others want to enjoy the convenience of not having to [...]

Many could find mortgage repayments lower than rent is a post from: The Money Stop

Mortgage rationing to continue next year

Reno — Mon, 20 Dec 2010 01:13:31 +0000

Officials from the Council of Mortgage Lenders have stated in a recent report that mortgage rationing is set to continue next year, and consumers that are hoping to get mortgage finance in order to get onto the property ladder may still face disappointment as banks continue to slash their lending. One of the problems facing the [...]

Mortgage rationing to continue next year is a post from: The Money Stop

Half of young Brits think renting is a waste of money

Reno — Mon, 18 Oct 2010 18:51:20 +0000

It has been revealed in a recent survey that around half of young Brits believe that renting a property is a waste of money. However, despite this opinion many are being forced to rent because they are unable to get a mortgage in the current climate to get onto the property ladder and get a [...]

Half of young Brits think renting is a waste of money is a post from: The Money Stop

Third consecutive drop in asking prices

Reno — Mon, 20 Sep 2010 18:46:01 +0000

It has been revealed that asking prices for properties have fallen for the third month in a row, raising further concerns that the UK economy and the property market may be heading towards a double dip. The data comes from a report released by the specialist property website Right Move. During the five weeks leading up [...]

Third consecutive drop in asking prices is a post from: The Money Stop

Is a ‘friends’ mortgage’ a good idea?

Reno — Mon, 30 Aug 2010 23:09:31 +0000

In the past most people that were buying a home either did so alone or with a partner/husband, which was the traditional way of getting a first home. However, things have really changed over recent years, and these days many people cannot afford to buy a home on their own. This means that many have had [...]

Is a ‘friends’ mortgage’ a good idea? is a post from: The Money Stop

Making money from your home

Reno — Mon, 30 Aug 2010 21:19:42 +0000

These days many people are finding it difficult to sell their homes, largely because there is a shortage of buyers fuelled by lack of mortgage availability and low consumer confidence amongst would be buyers. The scrapping of the controversial Home Information Packs by the coalition government resulted in more people wanting to put their properties [...]

Making money from your home is a post from: The Money Stop