First-time buyers face losing homes in Help to Buy fiasco

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Charlie Cook spent years with his mum and dad in Hornchurch, Essex, saving up for his first home. Earlier this year, he finally saved enough money to afford a newly built apartment in the area. Mr Cook, 28, booked the £411,000 home at … Read more

Money transformation: ‘I inherited my mother’s home – should I become a landlord or invest?’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Elena Todorova, director of SPF Private Clients If Mrs Gross sells her property and assumes the worst-case scenario – needing to repay £250,000 with £164,000 – she will need to raise £86,000. A £86,000 loan is a safe bet. Fixed rate mortgages it … Read more

Where millennials buy affordable housing

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Stockport’s ancient market comes alive on Friday evening as workers prepare for the weekend. Grazing on street food, sipping beer and listening to live music, Stockport’s monthly ‘Foodie Friday’ has become a huge draw and a symbol of how this industrial city, so … Read more

The end of the pandemic-era ‘race for space’ as demand for houses declines

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Demand for house purchases is falling more than for apartments, va a reversal of the pandemic-era “race for space.”as incredibly high mortgage rates reduce affordability. The number of inquiries from potential buyers has fallen by 47 per cent for houses since September’s mini-budget, … Read more

Mortgage relief hidden in the autumn statement could cushion the fall in house prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A mortgage relief scheme buried in the Autumn Statement will provide a lifeline for struggling families and potentially cushion falling house prices, experts say. The Treasury will extend support for low-income homeowners struggling with high mortgage costs. People with Universal Credit will now … Read more

Grand Designs: House of the Year, Review: Who Would Live Next to a House Like This?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The Leyton house in East London was fine, although I’d probably move out of Leyton if I had enough money to dig a huge basement. (No offense to Leyton readers.) The self-build in West Stirlingshire was notable mainly for having a giant cupboard … Read more

Hope for buyers as mortgage rates fall below 5 percent again

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Buyers can buy a home with a mortgage for less than 5pc for the first time in at least a month as lenders finally introduce cheaper deals. The platform, which is part of the Co-operative Bank, will issue a five-year fixed-rate mortgage at … Read more

The best villages in England where house prices could rise further

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE East Midlands Binbrook, Lincs Binbrook average price £232,041, 6.3 per cent above Leicestershire average Increase in sales by 90 pcs Deep in the Lincolnshire Wolds Area of ​​Outstanding Natural Beauty, this village is known to military historians for being the site of an … Read more

Home sales are falling at the fastest rate since the financial crisis

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE House prices in the country started to fall in October for the first time in 28 months, with the most notable fall in East Anglia and the South East. Agents have now reported falling sales in 12 of the last 14 months and … Read more

Why is now the worst time to be a first-time buyer?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Almost all analysts expect home prices to fall in the next 12 to 24 months. Estate agents Savills and Knight Frank each predicted a 10% drop, while think tank Oxford Economics estimated a 13% drop. Any first-time buyer with a small deposit could … Read more

‘I was shocked to see what the neighbors sold for’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Riding a bike Home price growth largely depends on when the property was purchased during the housing market cycle, which typically consists of leaders and laggards. Lucian Cook, of estate agency Savills, said: “Areas leading the way are those that perform best in … Read more

High street banks cut mortgage rates due to Andrew Bailey’s call for action

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Aaron Strutt of mortgage broker Trinity Financial said this was good news for borrowers, but interest rates still remained inflated compared to the start of the year. Mr Strutt said: “There appears to be a reversal in interest rates and increases in fixed … Read more

Baby boomers should not forget that taxpayers bailed them out in the last mortgage crisis

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Woe to anyone who suggests it is the impending mortgage crisis perhaps the worst in recent history. After years of stagnation, interest rates are now rising rapidly. This is compounded by skyrocketing energy bills, an increasing tax burden and food prices that are … Read more

Home sales will fall by more than a quarter to their lowest level in a decade

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE He comes as a first time buyer and landlord bear the brunt of the price crisis with rising interest rates. Savills expects the cost of borrowing to continue rising over the next year, predicting that Bank Rate – which mortgage lenders use along … Read more

95% mortgages are at risk of disappearing from the market

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Barclays has become the latest lender to withdraw 95% mortgages amid lenders’ fears that borrowers will fall into negative equity. Low-deposit mortgages are at risk of disappearing from the market, experts have warned, with the remaining deals now charging close to 7 percent. … Read more

Real estate cold spots where buyer demand declines the most

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Demand for property in the South East has fallen by 40 per cent since then mini budget as potential buyers brace for interest rates to hit a 14-year high this week. It hit the region harder than anywhere else in the country a … Read more

Why the Help to Buy attempt ended in tears

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE In the sixth year, interest on the equity loan is charged in the amount of 1.75%. This rate is then increased by the Retail Price Index plus one percentage point (or the Consumer Price Index plus two points under the current scheme). Based … Read more

Balanced mortgage boom as homeowners look to cut costs

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Homebuyers have turned to “offset” mortgage deals to lower their monthly payments and achieve lower interest rates. The Family Building Society said the number of monthly applications in September and October had quadrupled compared to the 2022 average. Yorkshire Building Society, another lender, … Read more

Country houses are being sold below asking price, and buyers are returning to the cities

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Almost half of the apartments are sold below the asking price, and rural properties are the most affected falling demand from cashless buyers. Soaring mortgage interest rates The proportion of properties sold below the asking price reached 47 per cent in October, compared … Read more

Retirees turn their properties into ATMs to give money to family members

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Older people have turned to home equity relief in record numbers to support their cash-strapped families amid the cost of living crisis. A record number of homeowners over the age of 55 decided to do so they are drawing money from the value … Read more

Affordable properties with top schools across England

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Bradford: Dixons Trinity Academy Average prices in BD5 £87,191; 44pc off the Bradford average Situated between Bradford city center and St Luke’s Hospital, Dixons Trinity Academy has always been a magnet for families moving to the area, says Amanda Flaherty of estate agency … Read more

We’re all trying to keep costs down – and that will only benefit investors in these stocks

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Moneysupermarket’s first-half profits, reported in July, easily beat analysts’ expectations and Duffy, after commenting on the third quarter, felt able to steer their forecasts towards the top of the consensus range. Further upgrades cannot be ruled out, as the longer the cost of … Read more

Where to find great schools and affordable homes in London

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The words “affordable” and “London” rarely appear in the same sentence, especially when it comes to real estate prices. This gets worse when the capital’s top schools are factored into the equation. Many wealthy parents have made their way into the areas of … Read more

Why you should wait until 2024 to buy a house

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Homebuyers have an “opportune moment” to negotiate a deal in 2024 after house prices fall. Widespread expectations of a big fall in values ​​have raised hopes that property could become more affordable for first-time buyers. But rising mortgage rates mean the housing ladder … Read more

How to secure a good real estate bargain in this buyer’s market

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Experienced property hunters may now be able to secure big discounts on their purchases as the chains break up and rising mortgage rates hit prices. Buyer demand has fallen by a fifth in the past two weeks, real estate website Zoopla reports, creating … Read more

How cash buyers are taking advantage of the turmoil in the mortgage market

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE It’s a riot put mortgage repayments out of reach for many hopeful buyers, who were forced to delay their purchase until rates fell again. Sellers looking to complete are nervous about rising mortgage rates causing failed purchases, experts have warned, giving cash buyers … Read more

A triple whammy has hit these real estate stocks, but investors have reason to be optimistic

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Hindsight is a wonderful thing. When we looked at property company Derwent London in this column about two and a half years ago, we were about 75 per cent profit on paper as the shares traded at almost £42 a share compared to … Read more

Demand for first-time buyers falls as lenders withdraw mortgages and raise interest rates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Tim Bannister of Rightmove said: “Some ambitious first-time buyers will have their plans scuppered by the sudden rise in mortgage rates and now face a difficult situation with rising rents and a shortage of available rental properties. . “Buyer demand has already started … Read more

Homebuyers spend tens of thousands to prevent chains from collapsing

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Homebuyers are being forced to spend tens of thousands of pounds to prevent house purchases from falling through as transfer delays spiral out of control. Logistical bottlenecks in the property market mean sales drag out for so long that buyers’ mortgage offers expire … Read more

More than 80,000 homeowners are at risk of negative equity

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE More than 80,000 new homeowners could fall into negative equity if house prices fall crucial. Buyers who bought a home with a 10% down payment in the past year could end up with a property worth less than their outstanding mortgage, says wealth … Read more

An incentive for buy-to-let landlords as the ban on no-fault evictions could be lifted

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “To reduce the scope of preventing the root cause of homelessness now would be disastrous,” Mr Downie said. Alicia Kennedy, from campaign group Generation Rent, said: “No-fault evictions mean families can face the disruption and upheaval of moving homes and often schools with … Read more

Foreign buyers are flocking to British property, which is becoming cheap

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “Within 24 hours my client was looking at the house, having flown 5,000 miles to see it,” Mr Marshall said. Even if the property price in pounds remained unchanged, a buyer would save $24 million in dollar terms compared to buying at the … Read more

How landlords can secure the best mortgage deals

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE If you are looking for a remortgage, you need to focus on how much equity you have in the property because this will affect your access to different deals. When it comes to loan-to-value, the rule of thumb is “as low as possible.”Mortgages … Read more

A quick way to raise the price of your house

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Homeowners can increase the price of their house by thousands of pounds upgrading their properties to higher energy efficiency evaluations. The sale prices of properties that have gone from F or G to C ratings have increased by an average of 19.6 percent … Read more

Homeowners are gambling on variable rate mortgage deals

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Market expectations point to Bank rate could peak at 5.75 percent next year, but borrowers rushing into variable deals are effectively betting it won’t rise as much as forecast. Mr Strutt said the high number of variable loan applications meant many smaller building … Read more

Real estate sales fell the fastest since the pandemic

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The number of unsold properties that changed the asking price also jumped by 14.1 percent. Those changes will almost certainly be price cuts, Mr. Cook said. Panic gripped the markets over the prospect of higher inflation, which interest rate expectations jumped sharply. As … Read more

“I’d be better off without a heat pump”: how to improve the energy efficiency of your home

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Long before the current cost of living crisis hit, Philippe Hinchcliffe was convinced that the age of cheap fuel could not last forever. His Victorian terrace needed updating and he decided to protect it from rising prices and climate change at the same … Read more

Real estate agents are preparing for a 10 percent drop in house prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Rising mortgage rates will cause house prices to fall by 10 per cent over the next two years, one of Britain’s leading estate agents has warned. There will be a storm of inflation, soaring interest rates and falling affordability pressure on real estate … Read more

Equity release market in trouble as interest rates rise and house prices fluctuate

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Paul Neal, a broker at Missing Element Mortgage Services, said: “If the value of the property falls more than expected, it will hit the lender very hard because of the no negative equity guarantee.” All plans approved by trade body the Equity Release … Read more

Mortgage interest rates won’t go down despite Kwarteng’s tax turnaround

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE However, Jamie Lennox of broker Dimora Mortgages said lenders were unlikely to cut rates given the somewhat subdued market outlook. Mr Lennox said: “There is a real risk that lenders will be inundated with applications due to negative economic forecasts, which could lead … Read more

Why you won’t pay 10% on your mortgage – despite claims on Question Time

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE While social media is abuzz with talk of mortgage interest rates already exceeding 10 percent, this is a reality for only a very small minority of borrowersthe brokers said. Lewis Shaw, of Shaw Financial Services, a broker, said: “The vast majority of people … Read more

HSBC warns of “massive forced sales” as mortgage costs jump by £5,000 a year

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE High Street bank HSBC has warned that “mass foreclosures” are a growing risk as mortgage repayments rise by up to £5,000 a year. Mortgage interest rates have already jumped above 4 percent before last week’s mini-budget and a rise to 5.5 percent is … Read more

Buyers will have to reduce their offers by tens of thousands, the research warns

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE House prices will suffer if mortgage interest rates reached 6% as homebuyers will cut their bids by tens of thousands of pounds, new research has found. The number of homes selling below asking price has already hit its highest level in three years … Read more

The ultimate homeowner’s survival guide

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE If the bank rate were to rise to 6 per cent next year and mortgage rates to 7.89 per cent, the monthly payment for the average flat would reach £1,696. This is £569 a month more than in August. This means the buyer … Read more

Wales is increasing stamp duty on properties worth more than £345,000

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Most home buyers in Wales will not pay The hip after the tax overhaul, but those buying more expensive properties will pay hundreds of pounds more. The Welsh Government will raise the nil rate threshold for land transaction tax, the country’s equivalent of … Read more

How high will interest rates be and what does this mean for your mortgage?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE There’s a bigger, looming problem for homeowners nearing the end of their fixed-rate deals. Pantheon expects the average mortgage rate for the average homeowner who refinances this winter to increase by four percentage points. The blow will be even greater next year. According … Read more

One in five homeowners face losing access to lower mortgage rates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Lewis Shaw of Shaw Financial Services, a broker, said as many as one in five home owners with a mortgage may fail the affordability test when they decide to remortgage. He said: “These people can be trapped with a lender who won’t let … Read more

Tax cuts are welcome, but they won’t help solve the real problem of ruinous mortgage rates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The energy bill guarantee has its limits: the average household still faces paying 64 per cent more for gas and electricity than last winter, with many homes paying well over £2,500. And even if it lowers headline inflation by about five percentage points … Read more

“I’m facing a 30 percent increase in the cost of the roof over my head – it’s really scary”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “The effect on me was anxiety because you put your life plans on hold,” he said. “You’re worried about having this potentially worthless asset that, in this case, I’ve saved up pretty long and hard to buy.” He said he now regrets signing … Read more

Buyers are turning their backs on properties from the draft era

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Houses rated F achieved the lowest share of the asking price, namely 94.9 percent. The figure for A-rated properties is 97.7 percent and for B-rated properties 97.4 percent. For a house worth £500,000, the difference between A and F rated homes is £14,000. … Read more

Kevin McCloud: “I don’t welcome recession, but I welcome invention and intelligence”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Kevin McCloud: “I don’t welcome recession, but I welcome invention and intelligence”. MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE

The 11 best locations in the UK to buy a second home – and they’re all under £350,000

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Those who want bustle, comfort and culture on tap, with the coastal and rural idyll of Cornwall and Devon on their doorstep, try Plymouth. This historic working port has 10 miles of coastline and sits on the River Tamar. Forty percent of the … Read more

Older homeowners made £10,000 off their houses this year

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Will Hale, chief executive of Key, said: “Given the rising cost of living, it’s no surprise that many people are reviewing all their assets to see how they can best cover their day-to-day living costs.” David Forsdyke of broker Knight Frank Finance said … Read more

Housing prices are growing at the fastest rate in the last two decades

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Housing prices rose by 15.5 percent in the past year, as values ​​grew the fastest in nearly 20 years. According to the Office for National Statistics, the average price of a house in the UK was £292,000 in July, up £39,000 from a … Read more

‘We realized how spoiled we are in London’: ‘boomerang buyers’ are returning to the capital

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Karen Noye, of wealth management firm Quilter, said: “Now that our lives are back on track and fears of further restrictions are over, people naturally want to return to the capital and enjoy all it has to offer, including it is essential, more … Read more

Home prices should be falling – here’s why they’re not

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE An incredible shortage of properties on estate agents’ books is the main reason house prices are being kept flat, a surveyors report has warned. Despite suggestions, yes higher interest rates would stop rising house prices, limited supply has helped drive up prices, according … Read more

London property prices hit six-year high as workers return to work

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE House prices in London grew at the fastest rate in six years as workers returned to offices in the capital. Property prices in London rose by 8.8 per cent on last year, with the average house in the city now worth £554,718, almost … Read more

The ‘death of the pension’ as the over-65s grab property like nest eggs

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Pensioners made £10 billion from property last year after snapping up another 200,000 buy-to-let homes to boost their retirement income. More than 483,000 over-65 households in England made an income-generating residential investment last year, according to analysis by estate agents Savills. The survey … Read more

Forget top wines – investors are grabbing English vineyards

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Because vine cultivation requires special conditions – well-drained soil and a south-facing location that is not prone to late frosts – investors are willing to pay a premium for the land. While most arable land in Britain sells for between £8,000 and £10,000 … Read more

Rogue landlords face six months in jail over plans to overhaul rents

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE It is part of the biggest overhaul of the private rented sector in a generation as the government moves to crack down on subletting. The DLUHC said: “The current enforcement system largely places the onus on local councils to identify hazards in privately … Read more

Condominium owners could claim back thousands in insurance premiums

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Homeowners in blocks of flats could claim back tens of thousands of pounds in “secret fees” paid for insurance. Managing agents and freebies who have charged tenants 40 or 50 per cent commission on insurance policies may have overlooked essential terms of their … Read more

Energy-inefficient homes face a £1,730 rise in bills

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Two-thirds of homes in England and Wales face significantly higher energy bills because they are poorly insulated, new research has found. Properties with an energy rating of D or below face an average bill increase of £1,730 a year when The increase in … Read more

Where the Government Savings Account is worthless to first-time buyers

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE If the price cap is not increased, the scheme could soon leave customers in Brighton and Hove, Bath and Watford out. Lisa’s benefits are many: under the scheme, anyone aged 18-39 can put up to £4,000 a year into this type of account … Read more

National Park vs AONB: Which increases the price of your house more?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Since the start of the pandemic, insulation, green spaces and an outdoor lifestyle have become bigger priorities for buyers. As of 2020, the price premium for real estate in national parks jumped five percentage points from 20 percent. In monetary terms, a 25% … Read more

Rising mortgage rates mean first-time buyers need a £12,000 pay rise

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE National house prices rose by 8.3 per cent year-on-year in July, with the average house costing £19,800 more than the same time in 2021. Demand has fallen by a third since the spring. In the four weeks to May 15 this year, customer … Read more

Property prices in London are predicted to fall by 12 percent due to a surge in interest rates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE In the South East, the second most unaffordable region in the country, property prices will fall by 9 per cent over the next two years – equating to a £35,190 reduction in the price of the average property. South West and East England … Read more

Landlords scrambling to exit the market are cutting rents

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Greg Tsuman, of Martyn Gerrard estate agents, said the number of adverts from his office had tripled in six weeks, although the rush has since slowed. He added: “What happens in central London is an early warning for the rest of London.” London … Read more

The installation of solar panels will have the shortest payback period ever

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Solar panels cost an average of £5,400 to install, meaning the payback period for upfront costs will drop from more than decades to just six years, according to analysis for The Telegraph by consultancy The Eco Experts. Households with solar panels you’ll save … Read more

Real estate is suffering from “diminished values” as banks fear falling property prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Banks and surveyors are “low valuation” As much as half of the homes in some parts of the country are acutely afraid the price of the house falls are on the horizon. Homebuyers had to fight for cash as lenders refused to approve … Read more

“I could be forced to sell my home even though Northern Rock went bust 14 years ago”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A quarter of a million trapped homeowners could face foreclosure as rapidly rising interest rates make their mortgages unaffordable, activists warn. Six consecutive rate hikes by the Bank of England have immediately and dramatically raised the cost of borrowing for homeowners on variable … Read more

A ‘tsunami of foreclosures’ will hit home prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The government did not provide support struggling homeowners experts warned they would trigger a “tsunami of foreclosures” that would hurt house prices. Measures to help home owners with compensation have not been matched by six successive rate hikes by the Bank of England … Read more

A record number of landlords are beating the tax authorities – join them here

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Landlords have only recently begun to feel the full effects of the cuts. The deadline for submitting tax returns, which must reflect the full effect of the reduction, was in January this year. now, rising interest rates – which drive up mortgage costs … Read more

Millionaire jailed after refusing court order to demolish £10,000 man cave

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A millionaire accountant has been jailed for six weeks after refusing a court order to demolish his ‘man cave’. Graham Wildin, from Cinderford, has been in an eight-year court battle with Forest of Dean District Council after building a private leisure center without … Read more

Banks cut mortgage lending amid economic panic

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Homebuyers will face a bottleneck in taking out new loans as mortgage lenders draw down the fastest rate since the pandemic shut down the housing market. Banks have responded to growing fears of major falls in real estate prices by reducing options for … Read more

Running landlords fear record high fuel taxes regulations

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Tax experts also blamed the rise on a report by the Office for Tax Simplification, published in November 2020, which recommended the government align CGT rates with income tax to generate an extra £14bn a year for the Exchequer. The proposal, which was … Read more

Customers can borrow a further £3m more as Nationwide targets wealthier households

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The relaxed income rule will apply to first-time buyers, home movers and existing customers across the country, but will not be available to self-employed borrowers. Henry Jordan of the building society said the need for larger loans had grown due to rising house … Read more

Home prices to slow as sellers become more ‘realistic’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE New research suggests house price growth will fall to 5 percent by the end of this year before the real impact of the cost of living crisis hits the housing market in early 2023. According to real estate website Zoopla, annual home price … Read more

A record proportion of Londoners are leaving equity to buy their first home

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The number of Londoners leaving the capital to get on the property ladder has hit a record high. More than 40,500 Londoners bought outside the capital this year, made up of movers, landlords, second home buyers and first-time buyers. Thousands of first buyers … Read more

I used Help to Buy and it was a big mistake – how do I get rid of this?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE I want to get rid of the 40% government share in my home. I bought my house in Richmond through Help to Buy in March 2019 when it was valued at £499,000. At first I was excited to get on the property ladder … Read more

How to take on the world’s planning bureaucracy—and win

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Planners get it wrong more often than you might expect. The Planning Inspectorate found that 36 per cent of household appeals were successful in 2021-22. In some areas, the possibilities are even greater: 35 councils in England lost more than half of the … Read more

Owning a home has never been harder, with buyers spending 9 times their salary

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Also the outlook for first-time buyers it gets much worse because interest rates are now rising rapidly, Mr Wishart added. For most of 2021, the bank rate was at a record low of 0.1 percent. The main reason home prices were able to … Read more

The safe havens of parish real estate, where there are no signs of falling house prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The value of homes sold in the North Yorkshire village of Staveley has risen by 176 per cent in the two years since the outbreak of the pandemic compared to two years earlier. The picturesque village has about 200 households but has seen … Read more

Welsh landlord evicting tenants from homes to make way for holiday lets, Senedd member claims

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A local politician has claimed long-term tenants in a Welsh beauty spot will be evicted so their homes can be rented out for holidays on Airbnb. Families on the Isle of Anglesey are expected to get little 10 weeks notice to vacate the … Read more

For sale: Francis Bacon’s former home, where he painted George Dyer

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Bacon found his home in Chieveley following an advert placed in The Telegraph by James Page-Roberts, the previous owner. Although he experienced less robbery in his country home, his artistic passion dried up. In The Gilded Gutter Life of Francis Bacon, Daniel Farson … Read more

“I took money out of the house to buy a car – now I owe £170,000”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Liz Sherwood was helping her 97-year-old aunt organize her finances when she discovered something that made her blood run cold. That was the statement from Aviva, one of Britain’s biggest equity release lenders, which says her aunt borrowed money against the value of … Read more

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