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Useful Articlesby Category... Property Buyers Gettting Enthusiastic About Bargains Less than 13 per cent properties are getting asking price. And a vast majority of properties are fetching 10-15 per cent below their asking price. But the good news is - buyers are out looking for a bargain as they feel that this is good time to buy Are they right? Read on...
What Exactly is the Right Price for a Property After a 18-20% drop from their peak in Aug 2007, house prices are showing signs of stablisation. Some surveys are even reporting slight rise in prices. Is this sustainable?
Are the house prices on the rise or fall - no one knows for sure Last week both the Nationwide Building Society and the Royal Institution of Chartered Surveyors suggested that UK house prices may end 2009 higher than they started it. Now the Centre for Economics and Business Research predicts a fall of 3% this year. Can experts agree for sure? Recovery in Housing Market Despite Increasing Repossesions Right Move, the property portal popular with buyers, sellers and estate agents has found that property prices have increased in the fifth month in a row. More buyers are enquiring, more viewings are being arranged - despite the fact that lenders are still charging over the odds and unemployment is on the rise. Why would that be? Learn more by visiting this article. Are House Prices Stablising Home owners have not had many reasons to be cheerful lately. The prices have been falling like a brick lately. Not many lenders are interested in mortgage or even remortgage applications. Buyers have literally disappeared from high street. Estate agents are closing down. However there are a few signs to be feel optimist.
How you can determine true value of your property: using Internet How surveyors value properties has always been a mystery. Every one knows that it is not science. For those curious to find out more, they use an Automated Valuation Model which uses regression to determine value of a property. Now you can do it too - from the sitting room of your own house. How do surveyors determine value of a property Determining true valuation of your property is a contentious subject. Property is always worth more to seller than to the buyer. That is why mortgage companies use independent valuers. But their opinion can also create controversy. How to Sell Your House Fast Ordinarily, most people take their time to decide whether to sell their property or not. After all selling is not a decision taken lightly. Home owners are generally are put off by the hassle associated with the move. Don't Fret Over Debt As the credit crunch bites deeper into our country's economy, most companies and businesses are considering every possible way to save money, including laying-off staff or cutting non-essential services. Mortgage Repossession - A Basic Guide An overview of what happens if you fall behind on your mortgage payments. This article also looks at mortgage arrears and property repossession. Buying Or Selling a Property Explained Selling or buying any type of property is almost always a stressful process. Many people you have dealt with may not have had time or intention to explain the process in detail. Sell and Rent Back: Are HIPs Required? From 14 December 2007, all properties marketed for sale in England & Wales must have a HIP or Home Information Pack. HIP is a list of documents issued by a qualified professional and usually costs between £400 to £800 to the home seller. The cost of preparing a HIP is in addition to other selling costs estate agency commission, solicitors etc. UK Housing Market - Worst in 30 Years? The Independent and The Royal Institute of Chartered Surveyors certainly think so! Property Repossession Process Explained Remember one thing: lenders or courts do not want to repossess your house. Lenders do not like to be seen in bad light and courts have a duty to look after the interests of ordinary citizens. However courts must also protect the rights of lenders. Dealing With Debt A Quick Guide on How To Avoid Repossession Consequences of Repossession How it Affects Families and Children - Research Findings Property Repossession - Common Myths Explained While meeting people at various events, eventually talk turns towards the increasing number of repossessions, which have been increasing as interest rates started to rise at the beginning of 2006. Equity Release Schemes Why to consider this option, its advantages and disadvantages
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