RICS
The Royal Institute of Chartered Surveyors (Rics) have revealed that they see no signs of the UK property market recovering and pulling out of the last few years of negative and limited growth.
House prices across the UK rose 0.1% on February in March, but dropped 2.9% on February last year.
The CML (Council of Mortgage Lenders) have revealed that mortgage lending levels are still running extremely low after revealing figures for February yesterday.
A recent HSBC survey has discovered that people looking to get on the housing ladder have little faith in their ability to seal a fixed rate mortgage or any other mortgage that would help them buy a house in the not too distant future.
Mortgage availability is set to hit a two year high as lenders have reacted to market share targets and the improving costs and availability of funds.
Mortgage customers in the UK today received a huge boost as the EU announced rules which will force lenders to be far more transparent with their mortgage packages.
The Land Registry has revealed that house prices in England and Wales had fallen year on year in February, although pointed out that in the East of England and London they had risen.
UK’s best performing real estate fund in 2010, X-Leisure’s 30 percent stake will be acquired by William Mack founded asset manager Area Property Partners LP. The total value of properties in X-Leisure’s portfolio has been estimated at £528 million.
A recent survey has found that specialist mortgage providers are charging higher rates to some of the home owners.
The latest buy-to-rent index of LSL Property Services show that rents rose for the first time in February in 2011.
A recent survey by Barclays has revealed that 85% of borrowers are missing out on the opportunity of reducing their mortgage term by overpaying their mortgages.
A new survey has indicated that millions of homeowners are worried about the impending benchmark rate hike by the Bank of England (BoE) and its impact on mortgage payments.
Legal and General Mortgage Club has tied up with Cambridge Building Society to offer a new range of exclusive fixed rate products.
According to data released by National Association of Estate Agents (NAEA), the number of homeowners putting their properties on the block in February has jumped by 25% over the same period last year.
February saw gross mortgage lending in the UK sit relatively still compared with February last year, sitting at 9.5 billion pounds, reported the Council of Mortgage Lenders today.
New homes built in the US were down 22.5% in February compared with the previous month in the second lowest month since records began.
