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- House prices dropped 1.1% in September - 14th October, 2008
Prudent Minds – number 1 for property investments
House prices fell by 1.1 per cent last month, with values down across all ten regions in England and Wales, new figures show.
According to the FT House Price Index, the annual rate of decline now stands at 4.3 per cent, with the average house price coming in at £219,307... - Buyers 'will pay more' for ideal location - 10th October, 2008
Prudent Minds – number 1 for property investments
Even in the current economic climate, homebuyers are willing to pay more for a property in their ideal location, new research has revealed.
According to a survey carried out by Halifax Estate Agents, many of those making property investments will pay a premium of over £20,000 for a home in the prefect spot... - Professional property investors 'will thrive' in current market - 8th October, 2008
Prudent Minds – number 1 for property investments
Professional property investors are likely to thrive in the current market, according to the property editor at BuyAssociation.
Paul Collins said there are "huge opportunities" for private investors at the moment because there are a lot of developers who need to sell their properties... - Egyptian property market 'remains buoyant' - 30th September, 2008
Prudent minds – number 1 for property investments
People looking to make property investments overseas should consider Egypt, as the country's housing market remains buoyant despite economic problems, it has been claimed.
According to the chief executive of HomesGoFast.com, while Egypt is battling with high inflation, overseas property investors are benefiting from low entry prices and the prospect of strong capital growth... - Over 3 million Brits planning overseas property investments - 25th September, 2008
Prudent minds – number 1 for property investments
More than three million Britons are looking to make property investments abroad within the next two years, according to a new survey by Cater Allen Private Bank.
The organisation found that difficult market conditions in the UK are prompting more UK property investors to seek out opportunities overseas... - First-time buyers 'making sacrifices to purchase property' - 23rd September, 2008
Prudent minds – number 1 for property investments
Despite continued volatility in the housing market, over half of first-time buyers believe they are "throwing money down the drain" by renting, new research shows.
According to a survey by the Co-operative Bank and Places for People, 54 per cent of first-time buyers dream of owning their own property... - Barclays cuts interest on fixed rate mortgages - 16th September, 2008
Prudent minds – number 1 for fixed rate mortgages
Barclays has announced that it will cut the interest on its fixed rate mortgages, helping homeowners lock into a secure and "competitive" deal.
The new rates will take effect today and will apply to four of the bank's fixed rate mortgages, from two years to ten years, offered through its mortgage arm the Woolwich... - 'Consider mortgage options early' expert advises - 8th September, 2008
Prudent minds – number 1 for fixed rate mortgages
Homeowners with fixed rate mortgages are being urged to consider their remortgaging options around three months before their current deal expires.
According to Cheltenham & Gloucester, it is important that mortgage customers are fully aware of all the choices available to them ahead of time... - Homeowners urged to shop around for mortgage deals - 5th September, 2008
Prudent minds – number 1 for fixed rate mortgages
Homeowners looking for a new fixed rate mortgage deal should not be afraid to switch lenders and should shop around to find cheaper offers, it has been claimed.
According to research by Cheltenham & Gloucester, 30 per cent of homeowners would rather pay a higher rate than risk being rejected by another lender... - Government raises stamp duty threshold - 3rd September, 2008
Prudent minds – number 1 for property investments
In a bid to breathe life back into the housing market, the government has temporarily raised the threshold above which stamp duty is charged on property investments.
Chancellor Alistair Darling said that between September 3rd this year and the same date in 2009, transactions on residential properties worth £175,000 or less will be free of the tax...