house Archives - Spotlight
House Price Index Data Can Be Misleading
Does House Price Index Data Provide A Clearer Picture Than The Newspaper Headlines Suggest?
There can be a great deal of contradiction with the rising number of published House Price Indices, (HPI), that attempt to show the general public what is happening in the UK residential property sales market.
Many Spotlight subscribers are already aware that […]
Many Spotlight subscribers are already aware that some of the published House Price Index data provided by mortgage lenders only relate to residential property sales, whilst others relate only to property asking prices.
However, property purchasers are often told to use the official published Land Registry data as a true guide to property prices rather than rely on any house price index data, but Land Registry data is a few months out of date because the Land Registry only record actual completed residential property sales.
Consumers need to know if all the HPI data is anywhere near accurate before they decide to part with cash to purchase a property, and with some degree of disparity between different indices the information provided can be confusing.
However, one thing is becoming very clear – UK property price growth is slowing!
Tagged with: Acadata • asking price • August • autumn • buying • completions • data • due diligence • GBP • graph • Halifax • Home.co.uk • hometrack • house • house price index • house prices • index • information • land registry • lenders • mortgage • NAEA • national association of estate agents • Nationwide • price variation • private rental sector • private rented sector • property • property investment • property price growth • property prices • property purchasing • property values • purchase property • region • regional property price variation • residential property • RICS • rightmove • selling • september • The Royal Institution of Chartered Surveyors • UK • UK property price growth is slowing
These stringent affordability checks include stress tests designed to determine if a borrower could continue to repay their loan if interest rates rise significantly.
Warning Of Another Bubble In UK Property Market
OECD Warn About Sustainability Of UK Property Market
The Organisation for Economic Cooperation and Development (OECD) has warned about the sustainability of the UK property market as residential property prices gain more upward momentum across the UK, and continue surging phenomenally in London, prompting growing fear of another property market bubble, as the UK […]
UK Property Market Bubble Warning
The Organisation for Economic Cooperation and Development (OECD) has warned about the sustainability of the UK property market as residential property prices gain more upward momentum across the UK, and continue surging phenomenally in London, prompting growing fear of another property market bubble, as the UK economy continues to recover from the financial crisis in 2008.
A property market bubble occurs when property prices become so over inflated that they become unsustainable and the market collapses
The Confederation of British Industry (CBI) also aired concern saying that they are on high alert about the property market in London and the South East of England as house prices surge.
The Bank of England are said to be monitoring the situation, however BOE policy maker, Ben Broadbent reckons there’s no need for alarm over the UK property market as they have already curtailed incentives for home loans through the Funding for Lending Scheme.
Rising property prices are a good thing, they are a good indicator of the overall health of a nation’s economy, and the current government are confident that prices will continue to rise, hence the introduction of financial incentives such as the Help To Buy scheme, encouraging property buyers with loans or guaranteed underwritten mortgages, allowing them to gain a stake in the UK property market.
Tagged with: bubble • CBI • Confederation of British Industry • Government UK • house • house prices • housing market • Housing minister • Kris Hopkins • London • Market • OECD • Organisation for Economic Cooperation and Development • prices • property • property market • property prices • South Eat England • UK • values
Is This The New Property Sourcing Revolution?
Property Sourcing Revolution Report
The UK’s biggest property buying educators, Progressive Property, have just released a fascinating training report and video guide on CD that shows how you can identify and snap up a house at up to £25k off the market value!
It’s revolutionary because it requires no ‘negotiation’ or ‘sales’ skills – You just […]
Property Sourcing Revolution Report is causing controversy already and it hasn’t been released yet
It’s revolutionary because it requires no ‘negotiation’ or ‘sales’ skills – You just need to know what to look for, using a major website that house buyers and tenants use every day.
The report is called “Property Sourcing Revolution” so click the link below and take a look.
Grab your copy –> Click Here Now! <–
The report details examples of properties bought using the exact techniques laid out in the pages, and there is a detailed video training CD that accompanies the report to show you the exact how-to steps that the author used to find them!
What this report is NOT about!
This report has nothing to do with posting adverts in newspapers or putting ‘I Will Buy Your House’ stickers on cars in order to find cheap properties
This report is not about buying properties for £1, purchasing under someone else’s name or rent-to-buy or any other insider ‘tricks’ or ‘3 step secrets of the professional formulas’
This report will not show you how to ‘click your fingers’ and ‘make millions overnight’ from property.
Let’s be realistic, that doesn’t happen in real life, otherwise everyone would be doing it!
The techniques described in this report are far better and much smarter than that!
This report will show you in detail how to quickly build up an expert-level of knowledge about your local area (or any area of the UK in which you’d like to buy a house)…
Allowing you to find and buy good properties quickly and easily at well below their market value.
It’s already causing quite a stir on Facebook due to its controversial but easy to copy tips!
What’s more… the tips included in this report actually do work! (with plenty of proof provided)
I’ve read the “Property Sourcing Revolution” report and I would say that it is well worth a read, even if its just to discover the techniques that house buyers across the country are .
Rob & Mark from Progressive Property are giving a limited number of copies of the “Property Sourcing Revolution” report away to get some reader feedback before it goes on open sale in a few weeks time.
If it’s not for you at this time, you’ll still be able to order this 24 page printed report and video training CD in a few weeks time when Progressive release it via their online shop for £47 (GBP).
Tagged with: below market value • Buy • CD • house • house buyers • houses • negotiation • progressive property • property • property sourcing • purchase • report • sales • skills • tenants