Cracks Appear In Housing Market Recovery
Published on April 30, 2010 | Author: kayleigh
Filed Under Housing Market News | Leave a Comment
Do you need a house buyer now?
The housing market’s supposed recovery has begun to crack, with the low supply of houses and the high demand of sellers; people have therefore begun to lose confidence. While Nationwide recorded a 10.5% growth in sales over the past year, many people still remained unconvinced that the market can recover if more sellers market their properties, especially since interest rates are set to rise later on in the year. Experts have identified signs that recent house price growth has been largely exaggerated; this will flatten any true signs of recovery. Meanwhile, lenders have done little to improve the housing markets current situation, as availability for first time buyers is still low. Some property market leaders do believe that slow growth could be a good thing as it will give first time buyers a chance to ‘catch up’, improving confidence and stability to fluctuate into a strong rebound compared to now as most people do not believe in the current housing ‘recovery’.
Quick Cash For Properties guarantees a quick house sale all year round, regardless the housing market situation. Speak to one of our expert homebuyers today on 0800 933 6137 and sell your house in less than a day.
More Difficult Than Ever For First Time Buyers
Published on April 30, 2010 | Author: suzanne
Filed Under Housing Market News | Leave a Comment
Will anyone buy your house soon?
Hometrack have released new research showing that there are more new sellers than new buyers in the current market. 3.7% more people put their homes up for sale this month whilst agreed sales slowed down. Property prices also increased by 0.2% during April.
Lower mortgage lending and the need for a larger deposit are being blamed as deposits are now equating to a larger proportion of the average persons salary than ever before making it near impossible for the average first time buyer to get a foot on the property ladder.
GFK Financial reported that first time buyer mortgages have a been at a 17 year low between last and this February.
It is thought that as buyer uncertainty remains, house prices increase and mortgage funds remain untouchable, people will be more likely to rent property rather than buy in the foreseeable future.
Affected by fewer home buyers and more sellers in the current property market? Don’t wait until house prices fall in the up-coming months. Call Quick Cash For Properties on 0800 933 6137 now and we can guarantee to sell your house quick and for the best cash price possible.
Despite The Illusion Of A Housing Market Recovery, It Will Never Fully Recover.
Published on April 30, 2010 | Author: kieran
Filed Under Housing Market News | 2 Comments
Is your life on hold?
A spokesperson from the Council of Mortgage Lenders (CML) has recently suggested that not many people are set to buy property in the near future. There have been predicted ups and downs within the housing market but as it stands at the moment there have been very low levels of transactions. Recent figures released by Hometrack have shown that many people who are wishing to move house seem to be holding off as the uncertainty of the economy and the imminence of the General Election. A Leading property advertising website Rightmove has reported since election campaigns begun there has been a virtual price standstill with sellers only asking for 0.1% more for their properties compared to March.
Is your house sale stopping you from relocating to your dream area? Call the Quick Cash For Properties team of homebuyers on 0800 933 6137 now, for a fast home sale, with no chains and no fees.
Experiencing Debt Problems, Quick Cash For Properties Can Help
Published on April 29, 2010 | Author: melvin
Filed Under UK Debt | Leave a Comment
Pay your outstanding debts today
Having problems with debt can feel like you have nowhere to turn. Quick Cash for Properties are here to help with the uncertainty by selling your home quickly for cash. Facing debt problems is difficult for anyone, using a specialist homebuyer could be the solution. We can help clear your debts and reduce your monthly outgoings through the sale of you house. We can guarantee you a fast house sale so you can pay off your debts quickly. No matter what the condition or location of the property, Quick Cash for Properties can achieve a quick sale for you. Our team of specialist property buyers are here to support you at every stage of the home buying process, so you are kept fully informed.
Contact us on 0800 933 6137 or apply online and we will call you back in 24 hours to discuss your circumstances.
Quick Cash For Properties Can Help Stop Repossession
Published on April 28, 2010 | Author: bex
Filed Under Repossession | Leave a Comment
Would you like to find out how?
The prospect of having your home repossessed can be an extremely stressful and anxious time. One way to stop your repossession is to contact Quick Cash for Properties to sell your home quickly for cash. Being told your home is going to be repossessed is not easy; using a property specialist could be the solution.
No matter what the condition or location of the property, Quick Cash for Properties can achieve a quick sale for you. Our team of specialist homebuyers are here to support you at every step of the home buying process, so you are kept fully informed.
Contact us on 0800 933 6137 or apply online and we will call you back in 24 hours to discuss your circumstances.
Run Up To The General Election Causes The Housing Market To Weaken
Published on April 28, 2010 | Author: kieran
Filed Under Housing Market News | Leave a Comment
How will this affect your house sale?
The General Election outcome has caused an increasing uncertainty within the housing market and its impact is taking its toll on the economy. Latest data from Hometrack’s property market analysis has shown that the supply of available properties is now outstripping the demand of buyers. Furthermore, the report highlighted that buyers are in fact now taking longer to commit to purchases, with the number of viewings increasing and the time taken to sell a property is in an average of 8.3 weeks. Richard Donnell Director of Research has said “the changing supply/demand balance together with clear evidence of growing price resistance and caution amongst buyers, suggests that we are set to see less upward pressure on prices in the near term”. Moreover, “there has been evidence for some months that the supply/demand balance has been changing steadily but the buyer slowdown had been exacerbated by the announcement of a May election”.
Don’t waste your time selling through estate agents. Expert homebuyers at Quick Cash For Properties can sell your house fast within 24 hours, without any fees and we will pay your solicitor fees too. Call 0800 933 6137 now and leave the rest to us.
House Prices Rise At The Slowest Rate In 3 Months
Published on April 28, 2010 | Author: zoe
Filed Under Housing Market News | Leave a Comment
Will this get better?
Hometrack have released a report stating that in house prices rose at the slowest rate in three months in April 2010 as the number of houses for sale increased by 3.7%. The average house price rose by 0.2% to £158,400 from March in England and Wales. However, prices are up 1.8% from this time last year. Hometrack’s research director, Richard Donnell stated that “Rising unemployment, lack of mortgage funding, public spending cuts and the prospect of tax rises post-election, continue to act as a back-drop to a fragile and increasingly polarised housing market”. It is also being said that the property market’s momentum is waning as more Britons lose their jobs in the aftermath of the worst recession on record.
If your are worried that increased unemployment and fewer mortgages available in future will slow your house sale down, simply call Quick Cash For Properties on 0800 933 6137 now for a quick house sale today.
Britons Have Lost Confidence In The Housing Market
Published on April 28, 2010 | Author: kayleigh
Filed Under Housing Market News | Leave a Comment
Quick Cash For Properties are here to help
Rightmove Plc, the UKs biggest property website have reported that more Britons are losing confidence in the housing market. They have stated that half of the customers surveyed this month forecast prices to be higher in a years time which is down from 53% in January.
George Buckley, Chief UK economist at Deutsche Bank, has advised that house prices will fall by up to 5% in 2011 as interest rates begin rising at the end of 2010. Prices should improve by about the same this year due to improving credit conditions.
Redrow Plc, the UK homebuilder said that the housing market will remain challenging in 2010 due to uncertainty about the outcome of the election, the outlook for the economy and mortgage availability.
With regards to taming public finances, Gordon Brown has said that the recovery is too fragile to withstand spending cuts now. However David Cameron, leader of the other main political party, the Conservatives has said that, if elected, he wants to curb the budget deficit sooner.
Can you afford to let the economic uncertainty postpone your house sale? No matter what circumstances you’re in, Quick Cash For Properties has a quick fix. Call one of our specialist home buyers on 0800 933 6137 today and let us arrange for a fast house sale tomorrow.
Britain’s Economic Growth Unexpectedly Slows
Published on April 24, 2010 | Author: melvin
Filed Under UK Debt | Leave a Comment
Have you got a healthy balance sheet?
According to the Office for National Statistics (ONS) the UK’s economy has grown less than forecasted underlining the fragility of the recovery as the General Election rapidly approaches. Britain’s domestic product did expand to 0.2%in the first quarter of 2010, compared to a 0.4% in the final three months of 2009. With January’s cold snap holding back manufacturing of consumer spending the ONS has said “industrial production grew 7%; the service sector, which makes up the lions share of the economy only edged up 0.2%; construction contracted 0.7%”. With the General Election vastly approaching the next government will have huge challenges to face with a fragile government in tow. Gordon Brown has said he is “seeking to persuade voters that a rapid withdrawal of stimulus as well as cuts in public spending will derail recovery”. Whereas David Cameron believes “that failure to tackle the deficit that reached £163.4bn last year will hinder the UK’S economy”. There are signs if only minor that will shortly intensify during electoral debates, as measures are taken to prevent a depression. Experts still believe that the UK’s economy still had to endure significant headwinds with banks burdened by bad debts, unemployment at 2.5 million and the housing market still fragile.
With the economy worsening, fight your financial problems with Quick Cash For Properties before it’s too late. Call 0800 933 6137 now and release equity in your property to beat your debt today.
One Third Of Consumers Hide Debt From Their Families
Published on April 24, 2010 | Author: suzanne
Filed Under UK Debt | Leave a Comment
Do you need help?
In a new report from the Post Office, nearly one third of consumers have admitted hiding the extent of their debt from their families.
Over 20% also lied to their partners about how much cash they owed with the average Brit now owing more than £9731.51 (not including their mortgage) and only admitting half of that to their family members.
The Post Office study also revealed the psychological effects that hiding debt has on a person advising that it causes sleepless nights, anxiety, mood swings and problems at work. It also revealed that 12% of people turn to alcohol to cope with the stress of hiding debts.
The recession is being largely blamed for people not being able to control their levels of debt and people are being reminded to be sure they have an affordable repayment plan in place when borrowing money.
The study advises that 78% of those with hidden debt have never revealed the true extent of it to their families, with the majority that had admitted it being caught out rather than choosing to come clean.
It was revealed that men spend 19% of their money on alcohol whilst women spend 45% on expensive clothing.
Get your priorities right and face the fact that you need to deal with your debts sooner or later. If you can’t afford your mortgage re-payments and bills, selling your house fast may be the right solution for you. Call Quick Cash For Properties on 0800 933 6137 now and clear your debts tomorrow.
