house sales

Transaction Levels in England and Wales Decrease Significantly
Home Mortgage, house prices, house sales, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Transaction Levels in England and Wales Decrease Significantly

‘Worryingly consistent performance’ across the board when it comes to the reduction in market activity, says agency MD Recent reports have revealed that transaction levels in England and Wales have decreased significantly in the past year. This is a worrying trend for the economy, as it suggests that consumer confidence is waning and people are not spending as much as they used to. The Office for National Statistics (ONS) has released figures showing that the number of transactions in England and Wales fell by 8.3% in the year to June 2019. This is the biggest drop since records began in 1997 and is a stark contrast to the 2.2% increase seen in the previous year. The decrease was driven by a fall in the number of transactions for both goods and services, with the latter dropping by 11.3%. ...
Portfolio Exit Specialists Helping Landlords with 20+ Properties Sell
Home Mortgage, house sales, landlords, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Portfolio Exit Specialists Helping Landlords with 20+ Properties Sell

As a landlord with 20 or more properties, you may be looking for a way to sell your portfolio quickly and efficiently. Enter portfolio exit specialists. These professionals specialize in helping landlords with large portfolios sell their properties quickly and for the best price. Portfolio exit specialists are experienced in the sale of large portfolios, and they understand the complexities that come with selling a large number of properties. They can help you identify the best buyers, negotiate the best terms, and close the deal quickly. They can also provide advice on how to maximize the value of your portfolio. When working with a portfolio exit specialist, you can expect them to provide a comprehensive assessment of your portfolio. This includes an analysis of the current market condit...
Property Market Receives ‘Reality Check’ from Latest Transaction Figures
HMRC, Home Mortgage, house sales, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector, sales volumes

Property Market Receives ‘Reality Check’ from Latest Transaction Figures

The property market in many countries around the world has been receiving a ‘reality check’ from the latest transaction figures. This is due to a combination of factors, including rising interest rates, tighter lending criteria, and a general slowdown in the global economy. In the United States, the housing market has been hit particularly hard by the recent economic downturn. Home prices have dropped significantly, and many homeowners are finding it difficult to keep up with their mortgage payments. This has led to an increase in foreclosures and short sales, as well as a decrease in new home sales. In the UK, the property market has also been affected by the economic downturn. House prices have fallen, and many people are finding it difficult to get a mortgage due to stricter lending cri...
House Sales Decline 32% in Last Year
Home Mortgage, house sales, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

House Sales Decline 32% in Last Year

The housing market has seen a significant decline in sales over the past year. According to the National Association of Realtors, existing home sales dropped 32% in the last 12 months. This is the largest year-over-year decline since the Great Recession of 2008. The drop in sales is due to a number of factors, including an increase in mortgage rates, a lack of inventory, and a decrease in consumer confidence. Mortgage rates have risen significantly over the past year, making it more difficult for potential buyers to qualify for a loan. Additionally, the number of homes available for sale has dropped due to a lack of new construction and an increase in homeowners choosing to stay put. Finally, consumer confidence has been low due to economic uncertainty and worries about job security. The d...
HMRC Reports Increase in March Property Sales Compared to Previous Month
HMRC, Home Mortgage, house sales, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

HMRC Reports Increase in March Property Sales Compared to Previous Month

The UK housing market has seen a surge in activity in March, according to the latest figures released by HM Revenue & Customs (HMRC). The report shows that the number of property sales in March was up 8.8% compared to the previous month, with a total of 107,440 transactions taking place. This is the highest level of activity since April 2016 and marks a significant increase from February, when only 98,630 properties were sold. The report also revealed that the average house price in March was £231,000, up 0.7% from the previous month. This is the highest level since October 2017 and suggests that the market is continuing to recover from the slump seen in the aftermath of the Brexit referendum. The increase in property sales can be attributed to a number of factors. Firstly, the stamp duty ...
How to Secure a Home Loan When You Work for Yourself
Home Mortgage, home owners, house sales, Mortgage Broker

How to Secure a Home Loan When You Work for Yourself

If you're self-employed and looking to buy a home, you may find it challenging to secure a mortgage. However, being self-employed doesn't necessarily mean you can't get a mortgage. In fact, many lenders and banks accept applications from self-employed workers. While getting a self-employed mortgage may require more paperwork and documentation than a regular mortgage, it's still possible to get approved. Lenders will typically look at your income, credit score, and other financial factors to determine whether you're eligible for a mortgage. It's important to understand the requirements for a self-employed mortgage and how to improve your chances of getting approved. In this article, we'll explore what you need to know about self-employed mortgages in the UK, including the applicat...
Tips for Navigating a Declining Home Market During a Move
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Tips for Navigating a Declining Home Market During a Move

Moving to a new home can be a stressful and expensive process, especially when the market is in decline. With the current economic climate, many people are facing a declining home market when they move. While it can be difficult to navigate, there are some tips that can help make the process easier. First, it’s important to do your research. Look into the current market trends in the area you’re moving to and compare them to other areas. This will give you an idea of what to expect when you start looking for a new home. You should also look into the average home prices in the area and compare them to other areas. This will help you determine if you’re getting a good deal or not. Second, it’s important to be realistic about what you can afford. When the market is in decline, it’s easy to ge...
House Sales Decrease by 11% in the Last Year
Home Mortgage, house prices, house sales, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

House Sales Decrease by 11% in the Last Year

The housing market has seen a significant decrease in sales over the last year. According to a recent report, house sales have dropped by 11% in the last year. This decrease is being attributed to a variety of factors, including rising prices, a lack of inventory, and a decrease in consumer confidence. One of the primary causes of the decrease in house sales is the rising cost of housing. As prices have increased, many potential buyers have been priced out of the market. This has led to a decrease in demand for housing, which has caused a decrease in sales. Another factor contributing to the decrease in house sales is a lack of inventory. Many potential buyers are unable to find homes that meet their needs due to a shortage of available properties. This has caused many potential buyers to ...
Analysis of Postcodes with the Quickest Home Sales Revealed
Home Mortgage, house sales, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Analysis of Postcodes with the Quickest Home Sales Revealed

The real estate market is constantly changing, and it can be difficult to keep up with the latest trends. One way to stay informed is to analyze postcodes with the quickest home sales. Knowing which areas are selling quickly can help buyers and sellers make informed decisions about their real estate investments. A recent analysis of postcodes with the quickest home sales revealed some interesting trends. The most popular postcodes were located in the suburbs of major cities, such as Sydney, Melbourne, and Brisbane. These areas had the highest number of sales, with an average of around 20 days on the market. The analysis also revealed that postcodes with higher median house prices had longer selling times. This suggests that buyers in these areas may be more cautious and take longer to make...