Archive for the ‘Property News’ Category
Estate Agents Lie To Homebuyers
In: Property News| Selling
16 Nov 2009The Office of Fair Trading have published a pretty scathing report that should have estate agents blushing with shame. According to the report, what we’ve suspected for years is true – estate agents really do lie to homebuyers on a frequent basis. I wish they’d asked me to take part in their study. The hassle [...]
Almost 75% Of Landlords Face Rental Arrears
In: Landlords| Property News
11 Nov 2009That’s the info coming from the Residential Landlord’s Association this week. They cite a report by Landlord Assist, who help landlords overcome problems like rental arrears – the report says that 150,000 tenants will face legal action because of rental arrears by the end of 2010. A staggering 75% of landlords said they’d had tenants [...]
Zoopla Integrates Acquisitions, Stays Aggressive
20 Oct 2009Zoopla, the property portal for estate agents, have been busy bees for the last few months. They acquired both Thinkproperty and Propertyfinder for undisclosed sums and are now integrating them into the main website, taking over their user bases in the process.
Zoopla seem to have taken a really aggressive strategy right from the start [...]
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- Tags: Zoopla
Hips To Be Scrapped Under Tories
In: Property News| Selling
6 Oct 2009If the Conservatives win the next general election, they’ve vowed to scrap Home Information Packs. According to the BBC, Grant Shapps (the Shadow housing spokesman) has called HIPs ‘pointless red tape’ and said the Conservatives will simply get rid of them as part of a raft of changes to housing policy.
Is this a good idea? [...]
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- Tags: HIP
House Prices Likely To Drop Again
In: Hard Cash| Property News
14 Sep 2009The Guardian drew our attention to a report published by the Ernst & Young Item Club – an economic forecasting group that uses HM Treasury data to look at trends in the UK economy. The report predicts that house prices will drop again during the first half of 2010, taking at least another two years [...]
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- Tags: house prices
HSBC 1.99% Discounted Mortgage
14 Sep 2009For those of you looking to buy or remortgage and had only ever considered looking at fixed or tracker mortgages, the HSBC have made the discounted mortgage a suddenly attractive proposition with a rate starting at 1.99%,
A discounted mortgage is not linked to the Bank of England base rate, but is actually a [...]
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- Tags: Mortgages
Landlord Scam Catches Students Out
In: Property News| Renting
7 Sep 2009The BBC has reported on a confidence scam run on free classified websites targeting students looking for cheap accommodation.
The scam works when a fake landlord posts a fake property listing at a knock-down price. When someone gets in touch, they’re asked to provide their bank details in order to view the property. Of course, [...]
Sellers In London Receive Asking Price
In: Property News| Selling
1 Sep 2009Estate agency Cluttons has found that sellers in London are receiving 98% of their asking price this summer, compared to just 70% last year. It’s also taking 4.7 months to sell a home in London now – half the time it took last year.
Of course, with London prices far outstripping the national average, it’s no [...]
Rents Are On The Rise
In: Property News| Renting
31 Aug 2009According to the BBC rents are on the increase because reluctant landlords are finally able to sell up.
The rise in house prices we’ve seen over the past few months has apparently made it possible for some owners to sell their houses – houses they simply couldn’t afford to sell at the beginning of the [...]
Will We Need 60% Deposits In Future?
In: Hard Cash| Property News
28 Aug 2009The Times has an interesting piece today about how a complicated European financial directive may affect first-time buyers in the UK.
“The “Basel II” (pronounced “barl”), an international finance directive introduced in January last year, is the main reason that buyers with small deposits are being turned down for home loans.”
The Basel II rule basically [...]
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- Estate Agents Lie To Homebuyers | Bethemiddleman.com: [...] November 16, 2009 | In: Property News, Selling | By: Zoe Piper | No Comments » | Tweet T [...]
- Gary Hartley: Recession and job redundancies still isn't a solid solitary reason for these surprisingly high perce [...]
- Paul Reeves: Interesting piece Zoe. I don't believe it either, 75% is a massive figure. Interestingly though [...]
- Ant Chippendale: I'm sure this "The number of people unemployed in the UK rose again in the three months to September [...]
- British Gas Offer Discount Scheme Instead Of £400 Boiler Grants
- Are House Prices Fair Yet?
- No House Price Growth For The Next Decade?
- Estate Agents Lie To Homebuyers
- Almost 75% Of Landlords Face Rental Arrears
- Zoopla Integrates Acquisitions, Stays Aggressive
- The Best Way To Move Home
- First Time Buyers: To buy, or not to buy… that is the question
- Hips To Be Scrapped Under Tories
- How Accurate Are Estate Agents Adverts?