Falling house prices have meant home ownership is now more affordable than it has been for eight years, according to Britain’s biggest mortgage provider Halifax. Fewer than four years’ average earnings are now needed to buy the typical first time buyer property in 44 per cent of local authority districts (LADs), which is less than [...]
Continue reading " Falling House Prices Increase Affordability "
Mortgage companies are unreasonable and out of step because they have refused to amend their age-related criteria after the scrapping of the default retirement age (DRA), according to elderly travel and insurance group Saga. This means that a prospective borrower in their mid forties may have a limited choice of mortgages with a 25-year term, [...]
Continue reading " Older Home Buyers Face Mortgage Trouble "
For all the coalition government’s pleas to banks and building societies to start lending again, there remains an atmosphere of caution among lenders, exacerbated by the prospect of public sector cuts and redundancies to come. Mortgage broker Andrew Montlake of Coreco has some sage advice for home buyers, to help persuade reluctant lenders to advance [...]
More than 6,000 property investors, second home buyers and trade professionals are expected to congregate at London’s ExCel centre from 14-16 October for the Property Investor Show & OPP Live. Among the highlights of the show will be: • A live auction of more than 200 property lots – one of the largest residential property [...]
From: Dennis To: feedback@theadvisory.co.uk Sent: Monday, January 14, 2008 4:35 PM Subject: Re: Help me find a reputable cash home buyer/Sell and rent back recommendation. Dear Gavin, Thank you for your reply to my e-mails. Your guide is absolutely brilliant and if everyone who wishes to sell their home to cash home buyers, or sell [...]
Continue reading " Thanks For The Quick House Sale Help 140108 "
Help! What can we do? We sold our house STC in the 1st week of Sept, our home buyers are now refusing to exchange the contracts until September although we are all ready to go? They have told their solicitor and our estate agent, that, that was the arrangement they made with us at the [...]
Dear Gavin I need to sell house quickly and hope you can write back with some advice. The property has been on the market since September 2007. Original asking price was 375,000, which we felt was over the top. 350,000 was more realistic. We recently accepted an offer of 295,000 to move the house but [...]
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