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Archive for May, 2010

Quick House Sale More Likely With New Housing Policy Change

Friday, May 28th, 2010

If you’re sitting on a property and hoping for a quick house sale then you may be feeling a little dispondent, not least because the Prime Minister announced last week that we’re in a greater financial predicament than he first thought. But there is some encouraging news, the market is picking up and Camerons lot are to announce a change in housing policy that could see a boost in sale figures for house on the market.

Their plans are to make it harder to build on urban garden space, discussed a few days ago, and also to remove the minimum house build of 30 properties per acre imposed on developers. This means there could be less new builds and more of the current stock being sold, including yours!

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Garden Grabbing On The Agenda

Wednesday, May 26th, 2010

Any idea what garden grabbing is? It’s a phenomenon brought on by the last Labour Government and it’s one that’s got a lot of people shouting ‘not in my back yard’. Garden grabbing as it’s been nicknamed is the purchasing of urban garden space by developers for the use of new housing plots. Back in 1997, 1 in ten gardens were grabbed by developers, now that figure sits at 1 in 4.

The whole situation came about in 2000 when the then Home Secretary, John Prescott, encouraged the use of brownfield sites for new housing developments. For the last 20 years garden space has been classified as ‘brownfield sites’ which is the same classification as old railway lines and disused factories. But now, the new Conservative Government is pledging to revert garden space back to a ‘greenfield’ designation, meaning urban home owners can breathe a sigh of relief, unless they needed the money from a land sale.

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The Sell And Rent Back Option Increases In Popularity

Monday, May 24th, 2010

The UK Housing market does not look very promising at the moment with government reports indicating a significant slowdown in the housing market in the US. House prices have fallen considerably which can be good news for you if you are a prospective investor in real estate.

You can take advantage of the quick sale opportunities that are available such as sell and rent back schemes and look forward to a better future. However, you have to keep one thing in mind. You should be discerning enough to invest in a property that has good future prospects. Just because houses are available at alarmingly cheap rates, it should not prompt you to jump on to the bandwagon without giving it a proper thought.

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Conveyancing Solicitors Wait For Resurgence Of Housing Market

Friday, May 21st, 2010

If you are looking to make a quick house sale fearing a sudden decline in prices, it is best advised you hold off. This is because although prices may be down right now, it is only because this is a common occurrence after elections.

The property market and conveyancing solicitors too are keenly watching what happens with the new government once it settles in so prices have dipped. Even though experts state the market will be stagnant for the rest of the year, if you hold off on selling your house, prices will certainly rise above the present levels. It is all a matter of a little patience.

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A Fast House Sale May Be Out Of The Question On The Open Market

Wednesday, May 19th, 2010

The time is ripe to buy a house as the current market indicates a decline in prices, especially considering the general elections have just been completed and a new government has taken over. Because of the decline in prices, people who think prices may fall further are now looking to a fast house sale and you can swoop down on such houses and get them at a bargain price.

However, most people and real estate experts feel that prices will remain flat the rest of the ear following the post-lection dip. Nevertheless, the time to make your move is now when it comes to buying a house.

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If You Need A Quick House Sale London Is Your Best Bet

Monday, May 17th, 2010

It is true that the UK housing market is going through a crisis and if you are contemplating any kind of transaction related to this market at the moment, it would not be a wise thing to do. Moreover, if you are a first time buyer, things can get extremely difficult for you.

The reason behind this is the uneven ratio between the price of houses and the earnings. Earlier, the banks usually came to the rescue of first-time buyers in such a scenario by offering them lucrative mortgages. However, the situation has completely changed now and if you’re looking for a quick house sale London is your best bet, everywhere else it seems like a distant dream. The crunch in the economy has taken its toll and the worst affected are first-time buyers.

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Is A Quick House Sale A Reality In The Current Housing Market?

Friday, May 14th, 2010

The paucity of mortgage finance is surely the most dominant factor in the diminishing demand for property and housing. Any survey will indicate that mortgage approvals have hit rock bottom and its repercussions can surely be felt in the housing market. Earlier, the situation was quite different. The mortgage lenders employed several lucrative means to ‘woo’ customers.

These included hundred percent mortgages and multiple ones with high income. Obviously, these facilitated quick house sale. But, after the recent credit crunch, the banks have become wary of lending mortgage and as a result, the buyers are facing a tough time getting a suitable mortgage especially the first timers.

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The Reasons For The Fall Of The Fast House Sale

Wednesday, May 12th, 2010

The current fall in the UK housing market can be attributed to a variety of reasons. One of them is that raising funds is proving to be a real problem for most banks from the market. As a result, they lack the funds for the purpose. Moreover, they are no longer considering the housing market as a lucrative proposition which was not the case earlier.

Their enthusiasm has indeed taken a beating and the results are there to see for everyone. They do not want to take risks and are playing it very safe by lending money to safe buyers only. Therefore, if you are looking for some fast house sale opportunities, it is better to play the waiting game for some time till the market once again bounces back.

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Need A Quick House Sale? It May Well Be The Future Of UK Housing Market

Monday, May 10th, 2010

In spite of the UK housing market going through a bleak period, there are some interesting things to look forward to in the future. There is no doubt about the fact that there is a constant demand for houses in the UK market.

However, the problem is that the property developers are suffering from a real cash crunch as a result of which their projects have been put on the backburner. This means you can expect the house prices to go up by few notches since the demand is far more than supply. But, you can always expect the situation to improve and if you need a quick house sale then opportunities may well aris accordingly.

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Thinking: 'I Want To Sell My House Fast'? You Could Be In Luck

Friday, May 7th, 2010

Prices of houses in the UK historically show a fall right after general elections. So if you know someone who is thinking: ‘I want to sell my house fast‘, then now is the time to snap up that piece of property.

People tend to want to sell off their houses if they are moving to a different part of the country or even to another part of the world to seek greener pastures. Prices now appear to have fallen so this is the time to take advantage if you are looking to buy a house. For the rest of the year, analysts say prices will remain fairly flat.

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