Articles By Homebuyer Man

How does selling a house with a mortgage work?

15 December, 2019

How does selling a house with a mortgage work? For those who are lucky enough to be on the property ladder, as time passes, they may find themselves needing more space than is offered by their current home. So how does selling a house with a mortgage work? Can you sell a house when you […]

Continue reading >

How to sell your house when separating or divorced?

30 November, 2019

How to sell your house when separating or divorced? Being in a committed long-term relationship offers a range of benefits, especially when you can combine your incomes to buy a home together. Sadly, however, these relationships don’t always last. So how do you go about selling your home when you are separating or divorcing? Do […]

Continue reading >

What are the costs of selling a home?

10 November, 2019

What are the costs of selling a home?   For those who have little experience in selling a house, learning about the additional costs that are often associated with the process can turn the situation into a cost-prohibitive nightmare. But what are the costs of selling a home? What costs are involved with selling a […]

Continue reading >

How To Sell A House In A Slow Market

31 October, 2019

How To Sell A House In A Slow Market Selling a house often involves bowing to the power of the influences that affect the property market. There are, however, certain things that you can do to learn how to sell a house in a slow market. How does a slow market affect house sales? The […]

Continue reading >

When is the best time to sell a house?

18 October, 2019

When is the best time to sell a house? Selling a home has long been known to be one of the most stressful experiences you can go through. However, with a little bit of research, it is possible to increase the saleability of your home and make life a little easier. What time of year […]

Continue reading >

How to sell your house in winter?

28 September, 2019

While many property professionals prefer to advise their customers not to aim for a winter house sale, many vendors find that it is unavoidable for a variety of reasons. Luckily, the chances of selling a house in winter aren’t low as many people believe. When is the best time of year to sell a house? […]

Continue reading >

What Does a Recession Mean for House Prices?

15 September, 2019

With rumours growing over recent months surrounding the possibility of another severe recession taking place sometime in the near future, many homeowners are asking how this could affect the value of their home. What is a recession? If you have lived through the eighties, nineties and noughties – it’s more than likely that you will […]

Continue reading >
auction

How To Sell Your Home At Auction

5 September, 2019

There have never been more options open to the prospective property seller than there are now. From fast cash buyers to part-exchange and traditional estate agent sales, the choice is yours – so why do some favour the age-old process of property auctions, and what exactly does it involve? Why Sell At Auction? Offering a […]

Continue reading >

How Brexit Has Made Homeowners Turn to Quick House Sales

10 July, 2019

After three years of political back-and-forth, misinformation and numerous allegations of corruption, the UK is due to leave the EU on October 31. However, amid all the confusion and turmoil, it appears that homeowners are likely to be bearing the brunt of the economic damage for years to come. What exactly is Brexit? Brexit. A […]

Continue reading >

Top insider secrets to selling a house fast?

9 May, 2019

As the property market continues to suffer due to the influence of Brexit and a subdued economy, it’s never been more important to learn how to make your house stand out from the rest of the competition. What sells a house? When a prospective buyer browses property listings in a particular area, the decision to […]

Continue reading >

Prominent estate agent gives profit warning

3 May, 2019

Shareholders have found themselves reeling from an announcement that Countrywide – the country’s largest estate agent – is due to miss its projected targets for Q1 2019 by up to £5m. With large numbers of estate agents closing their doors every month due to a slowing economy, Brexit anxiety and a lacklustre property market, it […]

Continue reading >

Market flooded as landlords decide to sell

30 April, 2019

As buy-to-let mortgages become less and less affordable, large numbers of landlords are choosing to leave the sector and sell their properties – and this influx of sellable low-price homes are driving down prices for vendors across the country. For many years, being a landlord has been a profitable occupation, with rental payments easily exceeding […]

Continue reading >

More House Sales Affected By Crime

17 April, 2019

New research claims that more than 29,000 house sales fall-through every year due to fears over local criminal activity. For as long as properties have been bought and sold, buyers who have the option will always state their preference to live in a low-crime area. This is obviously unsurprising considering many purchases are made by […]

Continue reading >

How Will Brexit Affect House Prices In The UK?

14 April, 2019

As the UK passes the original deadline for Brexit, many industries continue to be affected by the ongoing confusion regarding the state of the markets if the country leaves the European Union. But how will Brexit affect house prices in the UK? How does Brexit affect the property market? The property market is heavily tied-in […]

Continue reading >

Brexit Anxiety Leads To Worst London Price Drop In a Decade

5 April, 2019

London house prices continue to drop as consumer confidence waivers in the midst of Brexit negotiations. The closer the UK gets to the end of the negotiation period of Article 50, the clearer things become in regard to the effects of the Brexit referendum on sold house prices. Certain areas such as the north-west appear […]

Continue reading >

Estate agencies under fire for turning a blind eye to crime

27 March, 2019

Despite a strong belief that the estate agency industry is heavily regulated, the lack of oversight by many unregistered agents has forced the government to hand out fines to tackle the growing problem of money laundering. While estate agents are hardly regarded as the most trustworthy of professionals by consumers and industry experts alike, large […]

Continue reading >

UK Property Construction At Lowest Point For 12 months

21 March, 2019

With only ten days to go before the UK leaves the EU without a deal, levels of house-building throughout the country have fallen to their lowest levels in over a year as construction companies opt to delay the start of projects. When David Cameron attempted to silence the Eurosceptics within Parliament in 2016 with a […]

Continue reading >
buy-to-let properties

Are buy-to-let properties a good investment?

14 March, 2019

For many years, landlords have reaped the rewards of property investment – but are the same opportunities for profit available to those looking to start a buy-to-let investment today? How do buy to let properties work? The buy-to-let system allows an investor to purchase a property with the sole intent of profiting from a tenant […]

Continue reading >

Sellers Despair As Market Favours Buyers

8 March, 2019

The property market has grown in favour of buyers in recent months as house price growth continues to be stifled by a lack of confidence over the UK’s economy in light of Brexit. As the UK gets closer to springtime, vendors who are looking to sell their house fast are often preparing their home for […]

Continue reading >

Fears Grow As Sales Expected To Plummet

27 February, 2019

The Royal Institution of Chartered Surveyors have recently released the results of a survey conducted amongst its members in regard to the future of the property industry, and the results are not encouraging. When valuing homes, surveyors have to take many factors into consideration when they provide what they consider to be accurate sold house […]

Continue reading >

Estate Agencies Taking Advantage of Desperate Sellers

19 February, 2019

Due to falling profits, greedy estate agents have been charging desperate fees as high as £7,000 to sell their homes. Sometimes, a homeowner needs to sell their home fast, and if the need to secure a sale overrides the need to profit from the home in question, they can inadvertently open themselves up to a […]

Continue reading >

Who Pays Stamp Duty When You Sell A Property?

13 February, 2019

Stamp duty is a tax on the sale of a property in order to cover the cost of processing the necessary documents during a sale. But who pays stamp duty when you sell a property? When Do You Pay Stamp Duty? There are a standard set of rules within the UK determining when, where and […]

Continue reading >

House Prices Hit New Low

6 February, 2019

With the Brexit deadline looming, the property market is continuing its downward trend as buyers continue to gain the upper-hand over sellers. Industry experts are warning those that are hoping to sell their house fast to prepare themselves for lower-than-expected offers after the latest House Price Index was published by Nationwide this month. The press […]

Continue reading >

House-building projects at risk due to new immigration policies

29 January, 2019

As the Brexit deadline looms, the UK housebuilding industry is facing an uphill battle as a result of proposals for new policies that could limit the influx of low-skilled EU workers. For those who work within the construction industry, it is common knowledge that the workforce is made up from workers originating from a number […]

Continue reading >

How Universal Credit is fuelling the UK housing crisis

24 January, 2019

As Universal Credit continues to bring misery into the lives of many people who are unable to work, industry experts are realising that its implementation is forcing cash-strapped councils to abandon plans for new-build homes. When Iain Duncan Smith introduced the idea of Universal Credit almost ten years ago, the idea was to simplify and […]

Continue reading >
First Time HomeBuyers

Market Stalls As First-Time Buyer Sales Fall

19 January, 2019

Just before the new year, Haart – the UK’s largest independent lettings and estate agent – released data related to the final quarter of 2018 – and the news isn’t great for the property industry. When the government cut stamp duty for first-time buyers in 2017, the government assumed that this would spur an influx […]

Continue reading >

How to value your house

9 January, 2019

There are many factors that can affect the value of your home – some of which could surprise you.  So how do you accurately value your home? How much is your house worth? While many homeowners feel as if they can gauge the true value of their home, more often than not, there will always […]

Continue reading >

Shock as rental costs increase by 345% in 18 years

3 January, 2019

For many Brits today, the dream of owning a home continues to slip away as their income is eaten up by every-rising rental rates while the houses they dream of buying become increasingly unaffordable as values continue to rise. In days gone by, renting instead of purchasing a home had a number of benefits, including […]

Continue reading >

Sellers in shock as asking prices fall to new lows

28 December, 2018

As fears regarding Brexit continue to affect the housing market, sellers are finding themselves having to continually reduce their asking prices in order to entice buyers – leading to the weakest market growth since 2010. Whether you need to sell your house fast, or are happy to wait until the right offer comes along, all […]

Continue reading >

Brexit warning: expect lower sales and housing values into 2019

19 December, 2018

With only 100 days until the deadline for Brexit expires, a new report by the Royal Institution of Chartered Surveyors (RICS) warns sellers and agents alike to prepare for a difficult market throughout 2019. In a survey carried out in November this year, surveyors from across the UK are extremely pessimistic regarding the future of […]

Continue reading >
Home Repossession

How to avoid repossession of your home

16 December, 2018

While many consider it a personal dream to own a home, the dream can quickly turn into a nightmare if you are unable to keep up with the repayments. In this article, we’re going to look at the repossession process,  and how to avoid it. How does a house repossession work? The term ‘house repossession’ […]

Continue reading >

Housing market crash as Brexit hits home

5 December, 2018

After a tumultuous few weeks of negotiations, the reality of Brexit and how it will affect the UK economy if we leave the EU without a deal has led to the worst sales slump in the housing market since 2012. When the Brexit referendum was announced, many saw it as an attempt by then PM […]

Continue reading >
house prices

The rental trap: 72% say that lottery win is the only way out

28 November, 2018

A think tank has carried out a survey across England and Wales to mark the launch of the Affordable Housing Commission, the results of which have painted a depressing picture of the UK’s housing crisis. Chaired by Lord best, the Affordable Housing Commission has been established to find solutions to the problems endured by members […]

Continue reading >

Northern House Prices Predicted To Soar

20 November, 2018

After years of price rises fuelling the southern property market, the introduction of new lending rules combined with more attractive northern propositions are due to turn the North-South divide upside down, according to Savills. In a shocking new forecast released by real estate advisor Savills, homes in the north are expected to see their values […]

Continue reading >
flying homes fast sale

The secrets behind how to sell a property successfully

14 November, 2018

Selling a house is never a stress-free experience but being prepared can help you to complete a sale as efficiently as possible. While many homeowners love the idea of moving to a nice new property, the move itself is often hindered by the sale of their current home. So how do you ensure that the […]

Continue reading >
Brexit housing market

Shock As Mortgage Approvals Down By Ten Per Cent

8 November, 2018

New figures published by UK Finance have painted a worrying picture for the future of the housing market, as mortgage approvals continue to fall. In September this year, the number of mortgages successfully applied for fell by 10.1% versus 12 months ago. As fears over a no-deal Brexit loom, approvals have now fallen for three […]

Continue reading >

Crisis As New Mortgage Deposits Unaffordable For First Time Buyers

1 November, 2018

As rental fees continue to rise, the additional costs to tenants is forcing those who may once have been prospective buyers to put their lives on hold as they struggle to find the money for a mortgage deposit. The issues facing those living in rented accommodation across the UK have been well documented in recent […]

Continue reading >

The Top Ten Worst Places To Sell a Home In The UK

24 October, 2018

No matter the quality or condition of a home, if it is located in an area that offers little in terms of services or personal safety then the vendor will always find themselves consistently lowering their asking price in desperation to complete a sale. If you’re browsing through listings on an online portal such as […]

Continue reading >
House & Dice on Scales

We are about to face the worst recession in almost 100 years

17 October, 2018

As consumer spending continues to slow, financial analysts predict that the upcoming global recession could lead to a downturn in the UK economy on par with the Great Depression. Since the mid-1950s, recessions have brought the UK economy to its knees with staggering regularity. Regardless of their cause, these recessions have forced thousands of ordinary […]

Continue reading >

The Secret To The Best Time To Sell Your Home

11 October, 2018

Finding the best time to sell a property is not always easy in the UK thanks to our inconsistent weather and the complexities associated with the house-selling process. Luckily, in this blog we’re going to discuss the best time to sell your house, and how to use this information to ensure a high value sale. […]

Continue reading >
How Long Will It Take To Sell Your Home?

Leasehold property owners just can’t sell…

3 October, 2018

As the dark truth behind leasehold properties continues to be exposed through lawsuits and government initiatives, homeowners lacking freehold status are finding out that their property is impossible to sell. The house buying process is extremely stressful for the majority of people – and in the midst of all the stress, it can be easy […]

Continue reading >

The insider secrets that can lower the value of your home

26 September, 2018

In this blog, we’re going to look at the more unusual factors that influence the saleability of your house, and what you can do to ensure you get the best price possible. If you’re looking to sell your house fast, it can be surprising how even the smallest things affect the value of your home, […]

Continue reading >
House Prices Down

Panic as house prices crash at fastest rate for years

19 September, 2018

As the UK edges towards the deadline for striking a deal with Brussels regarding it’s exit from the EU, Nationwide has issued a stark warning for the future of the nation’s housing market. At the beginning of the month, the Office for National Statistics determined that house prices were falling at their fastest rate since […]

Continue reading >

How to sell a property online

13 September, 2018

Not happy with your local agent? In this blog, we’re going to look at the best ways to sell your home online. Where to sell a property online As technology progresses, the traditional method of buying and selling property via a high street estate agent is slowly disappearing. In the last five years alone, almost […]

Continue reading >

‘No fault’ evictions are to blame for rising levels of homelessness

6 September, 2018

As landlords take advantage of ‘no fault’ clauses in rental agreements, tenants are finding themselves priced out of their homes when their rental term comes to an end. It’s no secret that rising rental rates have been a big factor in preventing tenants from saving up for a deposit to buy their own house. Over […]

Continue reading >

Older individuals are now choosing to rent in their retirement

29 August, 2018

A rising number of retired Brits are finding that due to the increasing price of property across the UK, it makes more sense for them to rent luxury retirement apartments instead of buying them. When the media discusses the idea of ‘Generation Rent’, it often conjures up images of millennials and members of ‘Generation Z’ […]

Continue reading >
high street estate agents

Is this the end for high street estate agents?

23 August, 2018

Estate agents appear to be the latest victim of the modern high street as consumers move to online competitors. The face of the UK high street has undergone a dramatic change over the last 15 years as a result of increased internet-based competition and lofty overheads. In many town centres, it’s hard to ignore the […]

Continue reading >

Fresh nightmare for sellers as the ONS releases its latest affordability figures

16 August, 2018

The latest statistics regarding the affordability of a home for a first-time buyer in the UK highlight the growing gap between house prices and wages. To highlight the difference between average sold house prices and average wages, the Office of National Statistics has, for many years now, used the “affordability ratio” to illustrate the state […]

Continue reading >

Can a landlord sell a house during a lease?

9 August, 2018

The sale of a rented home can easily become a confusing affair, so it’s always important to understand the legal rights of both the tenant and landlord. So, you’ve just found out that your landlord wants to sell the house you’re renting. While there’s no reason to panic, it’s always useful to know the status […]

Continue reading >

New report details the worrying state of the UK housing market

31 July, 2018

A new report has provided more evidence that the housing market is stagnant and experts within the industry believe that there is little chance of recovery in the near future. Newly released data from HMRC has shown that house sale completions were down by 5.7% in June versus the previous year. Even more worrying is […]

Continue reading >

Owning is now cheaper than renting everywhere in the UK

25 July, 2018

New market research by Santander Mortgages has found that there is now no part of the country where it is cheaper to rent than own. It is a sad state of affairs when society presents a glass ceiling to those who find themselves stuck in the rent cycle. For many Brits, purchasing a home of […]

Continue reading >

Estate agent group Countrywide on the brink of collapse

19 July, 2018

As industry woes continue for large numbers of estate agents, the UK’s largest agency group Countrywide have seen their shares fall to an all-time low. Just over a decade ago prior to the economic downturn, estate agents across the country found themselves in a constant state of elation as sub-prime mortgages saw large numbers of […]

Continue reading >

Single first-time buyers need a decade of savings to fund a deposit

3 July, 2018

A new report has found that single first-time buyers need to save for over ten years to finance a deposit for a mortgage, making it harder for sellers in starter homes to find a buyer. In recent years, it has become clear to both vendors and estate agents that finding a buyer for a starter […]

Continue reading >

Third of homeowners would not be able to afford their own home today

26 June, 2018

A new survey has found that a third of British homeowners would be unable to afford their home if they had to re-purchase it today thanks to record value increases. We often hear about the ever-widening gulf between wages and sold house prices, yet the quantitative data provided rarely illustrates the points in a fashion […]

Continue reading >

UK lending continues to increase thanks to ‘bank of mum and dad’

19 June, 2018

Lending has continued to increase year on year, but closer scrutiny reveals that this rise may not be the result of a stronger market. New data released by the trade association UK Finance has shown that there was an 13% increase in lending during April compared to the year before. Whilst this may appear to […]

Continue reading >

When is the best time to sell your house in the UK?

13 June, 2018

Selling a house in today’s market can be a nightmare – but knowing the best time to sell can save you a lot of hassle. If you need to move house for the sake of work, or simply to be closer to family, you’re probably crossing your fingers and hoping to sell your home fast. […]

Continue reading >

UK housing market continues to weaken

7 June, 2018

A new blog report by the Office of National Statistics has delivered further bad news regarding the state of the UK property market as a result of various legislative changes and Brexit insecurity. The property market has continued its woeful performance this month with news that house price growth in the capital has hit its […]

Continue reading >

Councils under fire for banking unspent public funds

30 May, 2018

A number of councils across the UK have found themselves at the centre of a fresh scandal thanks to the discovery of large amounts of public cash meant for spending on infrastructure residing untouched in their bank accounts. When the Town & Country Planning Act came into force in 1990, there was a minor piece […]

Continue reading >

Millennials facing a lifetime of rent

24 May, 2018

As the gap between house prices and wage increases continues to grow, new research predicts that a growing number of millennials will be renting for the rest of their lives. If you were to ask the average person on the street what they hope to achieve in life before they turn 40, more often than […]

Continue reading >

Government vows to keep rogue estate agents in check

16 May, 2018

In an effort to keep rogue estate agents in check, the government is proposing legislation for all businesses to require a professional qualification, while simultaneously introducing guidelines that could help the house-buying process become more transparent. As of 2018, there are currently over 20,000 estate agents operating in the UK. This is somewhat unsurprising considering […]

Continue reading >

How to sell a house online

10 May, 2018

In times gone by, the methods by which an individual could sell their home were extremely limited. However, thanks to the rise of the internet and e-commerce, vendors have a multitude of options available to them. Thanks to numerous headlines regarding the underhanded business practices of a small number of individuals, the reputation of high […]

Continue reading >

RICS warns of reduced demand for housing in 2018

2 May, 2018

With lower levels of borrowing, combined with reduced activity within the property market, sellers are being warned that the days of high asking prices may be numbered. As the UK heads towards what is usually considered a period of heightened activity within the property market, vendors who are looking for a fast house sale are […]

Continue reading >
House sales down

Vendors cutting asking prices to encourage sales

25 April, 2018

With agencies across the country encouraging sellers to make repeated cuts to their asking prices in the hopes of achieving a sale, a growing number of vendors are choosing less traditional routes to find a buyer. Selling a house is long and complicated process for any owner – but there is always an underlying feeling […]

Continue reading >

Foreign buyers having a marked effect on UK home ownership levels

18 April, 2018

As a result of increased foreign investment in the UK property market over the last 20 years, house values have risen considerably and prevented younger Brits from being able to buy a house themselves. Buying a home in the UK is not an easy task for those in the younger generations, with house prices increasing […]

Continue reading >

How to sell a house fast

11 April, 2018

Selling a house is an experience that many homeowners consider a necessary evil if they wish to upsize or downsize. Whether the stress comes from trying to find a decent agent, staying optimistic about viewings, or simply waiting for a buyer to make an offer – the house selling process is not one for the […]

Continue reading >

London house prices continue to plummet

4 April, 2018

In the wake of the Brexit referendum, the apprehension felt by the majority of Londoners regarding the decision to leave the European Union appears to be well founded based on new data released by Hometrack. While many other of areas of the UK have, so far, managed to escape the negative outcomes that so many […]

Continue reading >

High street agents losing out to online rivals

27 March, 2018

As the business world continues to move away from traditional shopfronts, high street agents are slowly realising that the future may not be as promising as once hoped. For decades, high street estate agents have enjoyed a bountiful supply of potential home buyers coming through their doors on a daily basis, but their dominance over […]

Continue reading >

House values continue to plummet amid Brexit fears

22 March, 2018

New market research from Halifax has shown that the continuing uncertainty surrounding the UK’s relationship with the EU is having a worrying effect on London house prices. If you’re one of the many homeowners within the UK looking to sell your house fast, you may be asking yourself “how much are properties in my area?” […]

Continue reading >

How much are estate agent fees?

14 March, 2018

If you’re looking to sell your house fast, there’s a good chance that you’ll be on the lookout for an online or high-street estate agent. However, with so many agents around the UK, it can often be hard to find one that you can trust to sell your house successfully with an offer as close […]

Continue reading >

House price growth ‘locking out’ middle earners

8 March, 2018

With home-ownership becoming an increasingly exclusive club, a new study has found that even those lucky enough to be considered middle-earners are being locked out of the housing market. The last 20 years have seen a consistent growth in house prices, while average wages have only increased at a seventh of the rate in the […]

Continue reading >

Thousands to lose mortgage support benefit from April 2018

28 February, 2018

As a result of continued efforts by the government to reduce the national debt, many are finding that it is those living in low-income households who are bearing the brunt of the austerity measures. Since 1948, those who own a house but struggle to keep up with their mortgage payments have always had a lifeline […]

Continue reading >

Mortgage sales continue to drop throughout UK

21 February, 2018

A new report from Equifax Touchstone has left many industry leaders on edge after finding that mortgage sales dropped by 38% from November to December. After a tumultuous year for the property industry, the final month delivered news that many within the industry would have preferred to avoid. While December is expected to usher in […]

Continue reading >

Can you sell a house with asbestos in the UK?

14 February, 2018

Across the country, there are a number of older properties that still contain the toxic material, and its presence can often deter potential buyers for good reason. So how do you sell a house that contains asbestos? Asbestos is a silicate mineral has been mined for over four thousand years around the world. With a […]

Continue reading >

Estate agents pressuring buyers to use overpriced in-house services

7 February, 2018

A new report has shown that one in four buyers felt obliged to use an estate agent’s in-house services over personally-sourced independent alternatives. Individuals who browse the market with the intention of buying often forget about the additional costs associated with a purchase. From conveyancing and mortgage brokerage, to various utility and property searches, it […]

Continue reading >

Vendors cutting prices to encourage sales

30 January, 2018

As insecurity regarding the outcome of the UK’s planned exit from EU continues, vendors are slashing their prices to increase the likelihood of a sale. Vendors across the country are slashing their asking prices in an effort to sell their homes fast, as fears grow that once Article 50 has been finalised, the value of […]

Continue reading >

Selling a hoarder’s home

24 January, 2018

While many people enjoy tuning into reality television shows that expose the nightmarish conditions within which many hoarders live, the reality behind the ratings push is often much more morbid. Many of us know, or have known an individual who lives in a hoarder house, and are more than aware that the problem has its […]

Continue reading >

First time buyer deposits to rise to £81k within a decade

17 January, 2018

Analysts believe that owning a home is becoming an increasingly exclusive club as the amount needed for a deposit continues to rise, despite government promises to the contrary. For younger generations, the dream of owning a house of their own has faded greatly over the last 20 years. Since the turn of the millennium, house […]

Continue reading >

How to sell a house that needs work done

10 January, 2018

For those who need to sell their house fast but don’t have the time to renovate, finding a buyer willing to pay a decent sum is hard work – so how do you maximise your profit? Many individuals purchase a home with the hopes that, over time, they can renovate it. However, by the time […]

Continue reading >

Estate agents warned over false advertising

4 January, 2018

Estate agents across the country are finding themselves at the mercy of both the ACA and CAP for not disclosing additional fees to clients as well as inaccurately describing their listed properties. Estate agents have long suffered from the stigma of dishonesty. Whether or not this stigma is deserved en masse remains to be proven, […]

Continue reading >

Mortgage applications affected by Universal Credit scheme

27 December, 2017

The beleaguered Tory-led benefits scheme known as Universal Credit is again under fire as reports surface that claimants are unable to use their income from benefits as proof of earnings during the house-buying process. When Tory MP Iain Duncan Smith pushed for a revamp of the country’s benefits system in 2011, many of those already […]

Continue reading >
Application Denied

Fears rise over the future of the market as mortgage approvals fall

20 December, 2017

According to the trading body UK Finance, mortgage approvals across the UK have hit their lowest level in 13 months – sparking fears that the housing market could be headed for a sharp decline. In his Autumn Budget, the chancellor stated that the Tory-led government would be taking steps to encourage new buyers to join […]

Continue reading >

Why can’t I sell my house?

13 December, 2017

If you find yourself in the unenviable position of being unable to sell your home, fear not – as there are always steps you can take to maximise your chances of a successful sale. Selling a house is often described by those who have been through the process as a complete and utter nightmare. However, […]

Continue reading >

Autumn Budget 2017: how will it affect the property industry?

6 December, 2017

With the continuing housing crisis casting a shadow over Hammond’s Budget – the chancellor hopes to alleviate the fears held by many prospective home buyers. Philip Hammond, the current Chancellor of the Exchequer laid out his plans on November 22nd to aid the struggling property industry via a series of radical changes to the rules […]

Continue reading >

Rental rates continue to rise as cheap housing remains unaffordable

29 November, 2017

As rising house prices continue to prevent younger, less wealthy buyers from purchasing, landlords have been capitalising on the situation by acquiring cheaper homes and enjoying consistently rising rental rates. One of the greatest difficulties experienced by prospective buyers in rented accommodation is the ability to raise the necessary deposit for a mortgage. Unfortunately, thanks […]

Continue reading >

Retired sellers hoping to downsize unable to find younger buyers

22 November, 2017

As the cost of living for younger generations continues to grow, older homeowners who need to downsize are finding themselves unable to find a buyer with the necessary financial resources. For many millennials, hearing the constant tirade from older generations about how they complain too much and “don’t know the meaning of a hard day’s […]

Continue reading >

UK housing market appears to stall amid increase in interest rates

15 November, 2017

With the decision made to increase interest rates, buyers and sellers appear unlikely to enjoy the continuing financial respite necessary for the housing market to recover. Despite the fact that the economic crisis occurred over ten years ago, as a nation, we are still feeling the aftershocks. With the economy beginning to stall in 2007, […]

Continue reading >
How To Your House Without An Estate Agent

How to sell your house without an estate agent

8 November, 2017

Selling a house can be a stressful experience. Even so, more and more sellers are choosing to decline the use of an agent in favour of more profitable options. For the majority of people looking to sell their house fast, the use of an estate agent seems like a great idea. While agents do take […]

Continue reading >

House Prices Set to Fall as Consumer Confidence Nosedives

1 November, 2017

With growing public concern that house prices could fall in the near future, vendors who need to sell are finding themselves between a rock and a hard place. The latest figures released by Halifax from their house price optimism index have painted a worrying picture for those who are looking to sell their house fast. […]

Continue reading >

Lengthier mortgage terms on the rise for potential buyers

25 October, 2017

As properties become less affordable for prospective buyers, the number of applications for 35-year mortgages are increasing dramatically. For many first-time buyers in today’s housing market, the ability to secure a mortgage by raising the necessary funds for a deposit is considered a major triumph. However, with ever-increasing prices, the crowning achievement of becoming a […]

Continue reading >

Vendors opting to remortgage rather than sell

18 October, 2017

With interest rates increasing, vendors are choosing to remortgage their homes as opposed to selling – causing a slump in the number of homes being bought and sold. In the wake of the financial crisis of 2007, homeowners have enjoyed low monthly repayments thanks to reduced interest rates. However, with fears growing that the market […]

Continue reading >

How to sell your house quickly

11 October, 2017

So, you’ve decided to sell. But what steps can you take to ensure that you find a buyer within a reasonable time-frame? Moving home is hardly the most stress-free experience for the majority of us. Once the initial excitement of deciding to sell and move on has died down, we’re left with the task of […]

Continue reading >

Falling asking prices spark panic among vendors

4 October, 2017

The postcode lottery continues for many homeowners thinking about selling in the near future as asking prices across the country take a further hit. New figures released by online property giant Rightmove have painted a worrying picture for those who need to sell their house fast as the expected autumn spike in prices has failed […]

Continue reading >

Bank of mum and dad now covering rent payments

27 September, 2017

As the affordability of buying a house continues to decrease, new research has shown that younger people are now finding it just as hard to afford rental payments without parental aid. For years now, parents have been helping their offspring to gain a foothold on the property ladder by helping to pay for the necessary […]

Continue reading >

Increasing average house prices spell trouble for less desirable areas

20 September, 2017

As younger generations urge the government to find a way to lower house prices, research by the online estate agent eMoov has shown that the affordability gap between wages and property is continuing to widen. The postcode lottery that is the property market has maintained its grip on whether or not potential buyers can afford […]

Continue reading >

Who pays the commission when you sell a house?

12 September, 2017

When property changes hands, it’s not always straightforward how the associated fees are calculated – and to whom they are paid. The situation is made even worse when you realise that different methods of selling a home demand different types of fees, so it can often feel like a figurative minefield. No matter which process […]

Continue reading >

ACA finds more online estate agencies’ claims to be dishonest

6 September, 2017

In a further blow to the reputation of the online estate agency industry, the advertising watchdog has cast its critical eye towards market leaders Purplebricks and Housesimple, for making misleading claims regarding their services. As more house sellers find themselves moving towards online as opposed to high street estate agencies in a bid to save […]

Continue reading >

First homes becoming a distant dream for younger generations

30 August, 2017

The recent English Housing Survey carried out by the UK government has painted a truly depressing picture for prospective house buyers across the country, as the true scale of rising property prices is revealed. As younger generations slowly begin to increase their proportion of the UK population, we have begun to see more and more […]

Continue reading >

Mortgage approvals fall to nine-month low

23 August, 2017

Mortgage approval figures have fallen for the ninth month in a row, as inflation, rising house prices and wage stagnation continue to blight the housing industry. Many within the housing industry are at odds with one another with regards to the new figures released by the UK trade body UK Finance. The report has detailed […]

Continue reading >

Estate agent’s profits slashed as economy woes continue

16 August, 2017

A new study by accounting firm Moore Stephens has found that one in five estate agencies in the UK are feeling the strain of a weakening economy, as industry leaders Countrywide and Foxtons also see profits slump. Almost 14 months on from the Brexit referendum, and it appears that many of the fears voiced by […]

Continue reading >

When is the best time to sell a home?

9 August, 2017

As many property professionals can testify, the housing market can be volatile – but that doesn’t mean there aren’t steps you could take to maximise your chances of a quick house sale. The period between the day you place your home on the market and the day you finally sell can be a nightmare. Sellers […]

Continue reading >