July 28, 2009

Yields up to 5.1% in June

Permalink: Yields up to 5.1% in June
by Gill Montia

Latest research from LSL Property Services shows rents rising in June, for the first time in three months. As a result, yields rose to an average 5.1% last month, reaching their highest point in five years. Average rents increased 1%, to £649, compared ...


The UK's independent property help portal
\| Home \| News \| Guides \| Forums \|

Main: Home News Guides Forums Property News: Property Prices Mortgages Property Developments Rental Property Overseas Property HIPS Property Guides Property Forums: Buying Property Selling Property Estate Agents Solicitors/Legal Mortgages Builders/Developers Property Development Home Improvement Buying Property Abroad	July 28, 2009 Yields up to 5.1% in June Permalink: Yields up to 5.1% in June by Gill Montia Latest research from LSL Property Services shows rents rising in June, for the first time in three months. As a result, yields rose to an average 5.1% last month, reaching their highest point in five years. Average rents increased 1%, to £649, compared ... (more...) July 24, 2009 Enormo listing tops 10 million Permalink: Enormo listing tops 10 million by Gill Montia True to its name, Enormo, has reported that it is now displaying 10 million of the world’s real estate listings. The international property portal claims to be the first website to collect and display such a large pool of residential and commercial properties. ... (more...) BBA: Mortgage approvals up to 15-month high Permalink: BBA: Mortgage approvals up to 15-month high by Kay Mitchell There are further signs of recovery within the housing market after the British Bankers' Association (BBA) said mortgage approvals by the major banks rose to a 15-month high in June. According to the BBA, 35,235 loans were approved during June, up ... (more...) July 22, 2009 NIESR provides gloomy outlook for house prices Permalink: NIESR provides gloomy outlook for house prices by Kay Mitchell The National Institute of Economic and Social Research (NIESR) believes the recent rises in house prices is probably the result of a lack of available homes. As a result, the think tank expects the house price slump to persist for another ... (more...) Paragon launches Redbrick Landlords’ Insurance Permalink: Paragon launches Redbrick Landlords’ Insurance by Gill Montia Paragon Mortgages has rebranded its insurance unit as Redbrick Landlords' Insurance. The name change has been accompanied by the launch of a new website and existing customer are reassured that their relationship with the firm remains the same. Redbrick will continue Paragon's specialist ... (more...) July 21, 2009 HMRC: House sales up in June Permalink: HMRC: House sales up in June by Kay Mitchell HM Revenue & Customs (HMRC) has today revealed a rise in the number of homes sold in June in the UK. According to HMRC, 75,000 homes worth at least £40,000 or more were sold in June - a rise of 15% when ... (more...) Paragon adds ID theft to “No Deposit” policy Permalink: Paragon adds ID theft to “No Deposit” policy by Gill Montia Lettings services company, Paragon Advanced, is including identity theft cover as standard with its "No Deposit" offering. The firm's managing director, Bryn Cole, explains: “The risk of identity theft is high in house conversions or blocks of flats where the ... (more...) HBF report shows optimism for housing market Permalink: HBF report shows optimism for housing market by Kay Mitchell The latest survey by the Home Builders Federation (HBF) has found that 60% of housebuilders reported an increase in sales compared to the same period a year ago. According to the organisation, the property market is showing the first signs of ... (more...) July 20, 2009 Rightmove reports further rise in asking prices Permalink: Rightmove reports further rise in asking prices by Kay Mitchell Property website Rightmove believes the housing market has already bottomed out after a further gain in asking prices in June. According to the organisation, the average asking price in England and Wales rose by 0.6% to £227,864 - up from £226,436 ... (more...) CML reports further rise in mortgage lending for June Permalink: CML reports further rise in mortgage lending for June by Kay Mitchell The Council of Mortgage Lenders (CML) have today announced a surge in mortgage lending for the month of June. Lending reached £12.3 billion for the month, up from £10.5 billion the previous month, according to the CML. However, the organisation ... (more...) July 19, 2009 First time buyer needs £32,000 deposit to get on property ladder Permalink: First time buyer needs £32,000 deposit to get on property ladder by Kay Mitchell Falling house prices should be good news for first-time buyers (FTBs) but research shows that in order to secure a mortgage, FTBs need on average a deposit of £32,000. Since the onset of the credit crunch, almost ... (more...) July 16, 2009 Mortgage brokers support regulation of buy-to-let Permalink: Mortgage brokers support regulation of buy-to-let by Gill Montia In a recent poll of 550 mortgage brokers, 54% of respondents said they would like to see buy-to-let regulated by the Financial Services Authority (FSA). Research from mortgage specialist, Exact, also revealed that 63% of brokers questioned estimated that over 75% of ... (more...) Average rental yields positive at 6.4% Permalink: Average rental yields positive at 6.4% by Gill Montia Tenant demand is continuing to push up yields in the private rented sector. According to research from Paragon Mortgages based on a survey of experienced landlords, average yields rose to 6.4% in the second quarter of 2009, up from 6.2% in the ... (more...) July 15, 2009 Ombudsman reports 44% rise in lettings enquiries Permalink: Ombudsman reports 44% rise in lettings enquiries by Gill Montia In his latest quarterly report the Property Ombudsman states that "frustration" with lettings agents is the main reason for people contacting his office. According to Christopher Hamer, the three months to the end of June saw over 110 people with problems ... (more...) July 14, 2009 MPs criticise £50bn asset-backed guarantee scheme Permalink: MPs criticise £50bn asset-backed guarantee scheme by Kay Mitchell The Communities and Local Government (CLG) Committee are urging the Government to do more to boost lending since the £50 billion asset-backed guarantee scheme (ABS), which was designed to kick-start the mortgage market, was "doomed to fail". If the housing market ... (more...) Rics: No upturn in housing market until mortgage availability improves Permalink: Rics: No upturn in housing market until mortgage availability improves by Kay Mitchell The Royal Institution of Chartered Surveyors (Rics) has revealed some optimism among surveyors that house prices will rise in the short-term. However, the group has echoed many other reports that unless mortgage lending becomes more available, there ... (more...) July 13, 2009 NAEA sees improvement in housing market Permalink: NAEA sees improvement in housing market by Kay Mitchell The National Association of Estate Agents (NAEA) has reported an improvement in the housing market According to the organisation, the average estate agent sold 9.5 properties during June, a slight fall from the 10.4 reported in May but almost double the level ... (more...) July 11, 2009 High Court rules against Foxtons’ letting terms Permalink: High Court rules against Foxtons’ letting terms by Gill Montia The Office of Fair Trading (OFT) has won a High Court case against Foxtons, following complaints from landlords. In February of last year, the OFT began an action against the London-based estate and lettings agency, which had been accused of ... (more...) July 10, 2009 Bovis Homes echoes fellow housebuilders in concerns over mortgage finance Permalink: Bovis Homes echoes fellow housebuilders in concerns over mortgage finance by Kay Mitchell Housebuilder Bovis Homes has echoed its rivals and stressed that the lack of mortgage finance continues to hinder a recovery in the housing market. Bovis, which is one of Britain’s largest housebuilders, said the market showed signs of ... (more...) Landmark ruling on sale-and-rent-back Permalink: Landmark ruling on sale-and-rent-back by Gill Montia A couple who entered into a sale-and-rent back agreement have won a landmark ruling in Birmingham County Court. In 2005, Paul and Amanda Jackson of Shrewsbury came to a sale-and-rent-back arrangement with a firm called Repossessions Stopped. They had lived at their property for 20 ... (more...) Next Page »	Latest News: Britons optimistic on 2012 house price rises House prices up 0.6% in January Redress for sale-and-rent-back victims NewBuy Guarantee scheme launches in March Nationwide: house prices slip 0.2% House prices down 1.3% over 2011 Buying 6% cheaper than renting Moving costs rise faster than house prices Mortgage lending rallies in December Lower / middle earners stuck as tenants Most Read News Today: Mortgages most expensive for 16 years Property prices are 10 times salary Overseas property investment â€“ a safe option Britons optimistic on 2012 house price rises House prices up 0.6% in January NewBuy Guarantee scheme launches in March 10% fall in value of British Landâ€™s portfolio Confidence sinks to lowest for 10 years Redress for sale-and-rent-back victims Barratt Developments in crisis as share price plummets Most Read News To Date: Property prices are 10 times salary Mortgages most expensive for 16 years Overseas property investment â€“ a safe option NHBC Buildmark Insurance Certificate: What you need to know How to Extend Your Flat Lease Westfield Londonâ€™s Shepherdâ€™s Bush shopping centre 92% let Barratt Developments in crisis as share price plummets Property Prices in Ireland could fall up to 60% Nationwide to offer 95% mortgage Possible housing crash in 2008
Home Move UK © 2004-2012 Brite Media. All rights reserved \| About \| Disclaimer \| Privacy \| XML Feeds \| Contact us \| Press/Media

Main:

Property News:

Property Forums:

Yields up to 5.1% in June

Enormo listing tops 10 million

BBA: Mortgage approvals up to 15-month high

NIESR provides gloomy outlook for house prices

Paragon launches Redbrick Landlords’ Insurance

HMRC: House sales up in June

Paragon adds ID theft to “No Deposit” policy

HBF report shows optimism for housing market

Rightmove reports further rise in asking prices

CML reports further rise in mortgage lending for June

First time buyer needs £32,000 deposit to get on property ladder

Mortgage brokers support regulation of buy-to-let

Average rental yields positive at 6.4%

Ombudsman reports 44% rise in lettings enquiries

MPs criticise £50bn asset-backed guarantee scheme

Rics: No upturn in housing market until mortgage availability improves

NAEA sees improvement in housing market

High Court rules against Foxtons’ letting terms

Bovis Homes echoes fellow housebuilders in concerns over mortgage finance

Landmark ruling on sale-and-rent-back

Latest News:

Most Read News Today:

Most Read News To Date: