Why the Tories no longer care about falling house prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Jeremy Davis, a 60-year-old recently retired Telegraph reader, said: “I have three full-time adult sons and none of them can afford to buy a property. One of them, aged 25, basically gave up and emigrated to South Korea. The other two, aged 28 … Read more

Home prices are falling the fastest since the peak of the pandemic

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE House prices have fallen by almost £4,500 in a month the decline of the real estate market accelerated and buyers were struggling with higher mortgage costs. Property values ​​fell for the third consecutive month in November, falling 1.4 per cent compared with October, … Read more

Those who enter the market for the first time have to wait another five years to buy an apartment

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE More than half (59 per cent) of prospective buyers said the main reason they had to postpone their plans to buy was because they couldn’t save up for a deposit. Now he has been saving for a deposit for seven and a half … Read more

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

Where those on lower wages can make the most money by moving to a smaller home

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Looking to move to a smaller home? This Surrey town helps you narrow it down the most – we reveal the rest of the top ten The most popular regions for downsizing and releasing equity are revealed Findings based on moving from a … 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

What is black mold and why is it so common in rental homes?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Following the death of two-year-old Awaab Ishaq from a respiratory infection caused by toxic mold at his home in Rochdale, Minister of Housing Michael Gove has announced that all council and housing authorities must provide details of how they plan to tackle damp … Read more

90,000 first-time buyers face risk of negative equity remortgage

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE With house prices falling by 8 per cent, 16 per cent of home owners aged 16 to 34 will fall into low or negative equity in the next two years, according to research center the Resolution Foundation. Negative equity becomes a problem for … Read more

What we wanted to know about buying a newly built house

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “You see, the problem I have is that at the end of the day I’m not an electrician,” said our contact in the sales office after we reported that the lights in the house were not where we asked them to be. We … 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

Why Jeremy Hunt won’t save Britain from falling house prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE For those first-time homebuyers during the post-pandemic boom at the peak of the market, the outlook is bleak. Sarah Glen, 40, bought her first home in 2017 and is already in negative equity. Ms Glen, who spoke using a pseudonym, bought the £257,500 … Read more

First-time buyers are cutting back on Netflix and Amazon Prime to save for a deposit, says Rightmove

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE First customers cancel subscription services, such as e.g Netflix and Amazon Prime, but at the same time they have reduced the number of exits in the desire to save more to buy their own home. Rightmove said these buyers also used less gas … Read more

Where homeowners are most exposed to negative equity

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Ken McEwan of McEwan Fraser Legal, an estate agent with offices throughout Scotland, said: “The market is definitely slowing down. It’s inevitable that mortgage rates will set the market. It is impossible for the market to be pristine; housing prices must fall.” In … Read more

House in Sevenoaks where writer HG Wells lived for sale for £1.4m

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A four-bedroom semi-detached house in Sevenoaks, Kent, where HG Wells lived while writing The Time Machine, is for sale for a hefty £1.4 million. The a beautiful Victorian townhouse where the writer lived in 1894 when he was writing a science fiction novel. … Read more

Asking prices fall by £4,000 in one month

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Asking prices have fallen by £4,000 in a month, property website Rightmove has warned, with the number price reductions doubling compared to last year. More sellers are cutting prices as they face a 20 percent drop in demand from buyers spooked by sky-high … Read more

The British stint ended when bookings dried up

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Amanda Stecker, who runs Unique Cotswold Cottages and Holiday Letology, a holiday home investor consultancy, said: “My clients are finding it harder to reach income levels than they did this time last year and have to be nervous that the bookings will eventually … Read more

The landlord’s profit will drop to just £7

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Buy-to-let is ‘unsustainable’ Craig Fish of mortgage brokers Lodestone said: “A message from everyone of the landlords we deal with is that these rates are unsustainable.” Investors with a small number of properties are selling, Mr. Fish said. “They feel it’s no longer … Read more

Landlords’ insurance claims skyrocket as tenants miss payments

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Claims for rental insurance have grown significantly because tenants are late with paymentsnew figures have shown. According to provider Alan Boswell Group, claims were up 46 percent last month compared to six months earlier. During the same period, demand from landlords also increased … Read more

How to check planning rules when extending a home

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Have you done your homework? A home extension adds space and value – but check the planning rules first Buyers looking to extend should investigate any planning restrictions beforehand The plans may fall under permitted development or require full planning permission A garage … 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 lost £70,000 because a dishonest tenant filled my house with rotting trout’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE ‘The locks were changed and the police had to break in’ Jim Williams, 66, was costed more than £70,000 in damages and lost rent by a fraudulent tenant. Mr Williams, who has a five-strong portfolio of buys for the show and spoke under … 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

Landlords face new tax pressure on capital gains

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The chancellor is considering raising the headline rate of capital gains tax (CGT) and shaking up relief to reduce A £50 billion hole in Britain’s public finances. This would mean that a buy-to-let landlord who is a higher rate taxpayer who bought a … 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

A government adviser calls for the abolition of tax breaks for landlords

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Second home owners could lose thousands in tax breaks after a government adviser called for crackdown on vacation leave. The Office for Tax Simplification has recommended that owners of furnished holiday rentals be prevented from offsetting their mortgage interest payments against their income … Read more

Stamp duty refund as reward for ‘net zero’ upgrades, banks urge

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Home buyers who upgrade their properties to be more environmentally friendly British banks told the government that he should receive thousands of pounds worth of stamp duty refunds. Owners will have to pay up to £300 billion in upgrade costs to meet the … 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

Demand for multi-million pound homes is soaring despite the mortgage gloom

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Hamptons analyzed data from Countrywide, Britain’s largest property group. Buyers are at the top of the market relatively insulated from rate hikes as they are less dependent on borrowing compared to those further down the housing ladder. Harry Gladwin, of buying agent The … Read more

Halloween Home Decorations: Making these with your kids will be a lot of fun

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The spooky season is upon us, and this year we’re indulging in the spirit together by making our own decorations. Hobbycraft reports that it sells DIY Halloween decorations are 330 percent higher than last year. “Halloween is always a popular time for our … Read more

How to find a home near an outstanding state school

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Homes near outstanding state schools in demand as cost of living puts parents off independents: here’s how to find one that makes the grade Areas with outstanding public high schools are currently very attractive Buying a house nearby costs an extra £195,919, according … 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

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

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

Mortgage interest rates are being lowered for the first time since the mini-budget

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The drop reflects a fall in yields and expected interest rates, both of which weigh on banks’ borrowing costs, after Mr Hunt reversed the vast majority of policies in the mini-budget. Then-Chancellor Kwasi Kwarteng’s tax cuts triggered panic in financial markets and a … Read more

Homebuyer demand falls below 2019 level as mortgage rates rise

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Buyer demand has been steadily declining since the start of the year, reflecting the continued rise in mortgage interest rates. But the pace of change accelerated sharply after the mini-budget. Between then-chancellor Kwasi Kwarteng’s announcement on September 23 and October 16 alone, the … Read more

Are online estate agents the best way to sell your home – or are their low fees a false economy?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Faced with a double digit number inflationcost of living crisis and mounting mortgage bills, anyone moving home this fall will want to count their change. So, is a low cost online estate agent just the ticket or a false economy? And is a … Read more

Every third tenant forced into bidding wars

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Tenants are being forced to offer more than the asking price for a third of new leases in London and the Home Counties. Competition in the rental market is increasing as owners sellwhereby he leaves the tenants enter bidding wars for the few … 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

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

Buy-to-let landlords face collapse as mortgage rates soar

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE According to Moneyfacts, a data firm, the average quoted interest rates for two-year and five-year fixes are now 6.84% and 6.78%. Those rates are likely to rise further, albeit perhaps more slowly, if Mr Hunt succeeds in calming the markets. Chris Norris, of … Read more

Falling home prices aren’t always the disaster we think they are

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Let’s take the example of someone in a £400,000 home who wants to sell. They find a real estate agent who is willing to sell for a fee of 1.5 percent. If they sell for £400,000 they will pay a £6,000 fee. But … Read more

Multigenerational homes have become popular as the cost of living rises

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Faced with skyrocketing living costs, some people are trying to protect themselves from a bleak economic future by taking one simple step: moving their families closer to home. About 66 percent of people aged 50 to 65 own their homes outright. If two … 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

The fall in house prices has started – we just don’t see it yet

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A mortgage strike During the financial crisis, home prices began to fall four months after a big rise in mortgage rates. Before the market turmoil of the past few weeks, interest rates had been rising steadily. Gabriella Dickens, analyst at Pantheon Macroeconomics, said: … Read more

How London compares to the world’s most dangerous property price bubbles right now

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Interest rates are key to fueling housing market bubbles. Low interest rates have allowed house prices to become decoupled from incomes and rents over the past ten years. Now, mortgage loans are quickly becoming extremely expensive. In nine cities in the bubble risk … Read more

Truss pledges to end no-fault evictions after backlash

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Kiran Ramchandani, of housing charity Crisis, said it had been “24 hours of anxiety” for tenants. She added: “They will be relieved to hear the Prime Minister reaffirm the Government’s commitment to ending no-fault evictions. “No one should be forced from their home … 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

“Can the building block my pet?”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Dear real estate doctors, I live in a converted building in Georgian and am one of five directors on the board of the management company that owns the property. We currently have a disagreement between the directors regarding pet ownership. Our lease states: … Read more

House prices are falling around the world – here’s Britain next

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Rising mortgage rates triggered a global slump in house prices, with economists predicting a 20 percent drop in some countries. House prices are already falling in countries where interest rates are rising faster than in Britain. And we could be the following: interest … Read more

A record number of tenants who had to pay rent in advance

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Chris Norris of the National Residential Landlords Association, a trade body, said many landlords were struggling with higher interest rates and taxes, forcing some to demand payment up front. He said landlords are “very concerned” about how they will be able to pay … Read more

Infill Houses: This architect built a compact home on a small lot in his street

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE When Boris Johnson instructed developers to ‘Build. Build it. Build!’ in Britain’s major brownfields, such as former industrial estates, he had in mind the saving of valuable green space and at the same time the increase of the housing stock. But the direction … Read more

“Don’t Extend Your Mortgage – Unless You Want To Destroy Your Retirement”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Middle-aged borrowers forced into longer mortgages by rising interest rates risk destroying their retirement, experts warn. The recent rise in house prices has already sparked a surge in older borrowers taking out longer-term mortgages, which lower monthly costs by spreading interest payments over … 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

How to save your retirement

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE According to calculations by wealth manager RBC Brewin Dolphin, a 65-year-old with a £500,000 pension who used all the money to buy an annuity would get an annual lump sum of £36,456 a year. But you could get the same initial income from … Read more

Home price growth stalls ahead of mortgage crunch

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “This compares with growth of more than £10,000 in the previous quarter, suggesting that the housing market may have already entered a prolonged period of slower growth,” he said. However, Jonathan Hopper of property consultants Garrington Property Finders warned that the data marked … 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

The mortgage crisis spreads as buy-to-let loans disappear

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Lenders have been pulling out of mortgage deals en masse in recent weeks, sparked by fears of a much higher-than-expected rise in interest rates, making fixed-rate mortgages very difficult to price. Affordability tests have also become stricter, with some lenders requiring landlords to … 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

“A neighbor built on my widowed mother’s land. Will I have to pay tax?”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Dear real estate doctors, My parents own approximately 12.5 ares of pasture, which is registered separately from their home. Unfortunately, we lost our father at the end of last year. In the land register, I am in the process of transferring the land … Read more

Housing price growth has been slowing even before the onset of the mortgage crisis

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Annual home price growth was already slowing before last week’s mortgage market chaos threatened to seriously derail the housing market, new data showed. According to Nationwide Building Society’s monthly house price index, house prices rose 9.5% in the year to September, down from … Read more

Home purchases collapse as banks cut thousands of loans

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Ian Wyn-Jones, an estate agent in North Wales, said 20 sales had fallen this week as a direct result of plummeting interest rates. He said: “I’ve never seen anything like it. These are 20 households whose lives have been turned upside down in … Read more

Why London’s housing market is heading for disaster

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE At the start of 2009, monthly mortgage payments for the average UK home were equal to 39.9 per cent of the average full-time wage, according to Capital Economics. In London at the time, the share was lower, 38.1 percent. But then London house … Read more

Landlords in financial crunch as buy-to-let loans disappear

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Lenders have entered into a record number of buy-sell mortgage deals as landlords face selling due to rising interest rates. According to analyst Moneyfacts, more than 500 trades disappeared from the market on Tuesday night. That’s more than double the previous record set … 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

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

The owners will be in the red by the end of the year

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE They will be the owners pushed into the red if mortgage rates continue to rise new figures showed in the coming months. Half of landlords rely on mortgages and re-mortgagors have already seen profits squeezed by interest rate rises as the Bank 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

My tenants can’t afford the heat let alone the rent – time to sell

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Of course, in the end, the sad truth is that non-payment of rent will result in tenants losing the properties they wanted to heat, but what I wanted to avoid is the catch-up period – the part where the tenant doesn’t pay, but … Read more

Mortgages will be £100 a month more expensive from this Friday

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Extraordinary rate increase The Bank of England would accelerate a mortgage crisis for hundreds of thousands of buyers and homeowners looking for new business. If Bank Rate rises to 3 per cent this week, a buyer buying an average £295,750 property with a … Read more

Tax breaks for landlords to revive the buy-to-let market

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The biggest winners are professional landlords who own their properties in a limited company, of which there are 296,000 in the UK, according to estate agency Hamptons. These investors could save tens of thousands of pounds in tax a year as a result … 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

Why stamp duty cuts won’t stop the catastrophic fall in house prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Andrew Wishart of analyst firm Capital Economics said: “The market reaction to the announcement suggests that mortgage rates above 6 per cent are now a distinct possibility, which would make house prices more overvalued than in 2007.” Savings on stamp duty will help … 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

How cutting the hated stamp duty could solve the country’s housing crisis

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “The Government could reduce stamp duty and tax revenue would not necessarily fall because it will encourage more migration and consequently more housing,” Mr Clougherty said. Dominic Agace, chief executive of Winkworth Estate Agents, added: “We will be encouraging people who have smaller … Read more

How stamp duty cuts could work – and how much you’d save

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Since the government introduced the first-time buyer threshold in 2017, the average price paid by someone buying their first home in England has risen from £202,820 to £254,110, according to the Hamptons – a jump of 26 per cent. In the country, the … Read more

First-time buyers face difficulty using Help to Buy

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE First-time buyers have just six weeks left to take advantage of the Help to Buy equity loan before the government-backed scheme disappears. At least 25,000 first-time buyers will be cut out of the housing market after the scheme closes to new applicants on … 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

A crisis for landlords, as every 12th tenant pays a reduced rent

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE One in 12 tenants had their rent reduced to help them overcome the cost of living crisis. They are buy-to-let investors hemorrhaging rental income as rising inflation and skyrocketing energy bills hurt tenants’ finances. Almost one in 12 tenants (8 per cent) said … Read more

‘I sold 160 apartments to buy bars and offices with higher returns’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Britain’s biggest landlords are selling their rental properties and channeling their cash into commercial investment in a new bid to avoid a government crackdown on buy-to-let. Investors with large residential portfolios are abandoning traditional rents and buying shops, restaurants, offices and construction yards. … 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

Property prices risk falling as inflation destroys household finances

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Inflation is now at 9.9% – and that’s delivering a dangerous triple whammy for house prices. Falling real wages are hitting the pockets of buyers and home owners just as high inflation is forcing the Bank of England to raise interest rates. Together, … Read more

Retirees own half of all wealth – and face deeper energy bills as a result

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Neal Hudson of BuiltPlace said: “While lower income households and younger households may be most at risk as they have less ability to cut back on necessities, older households are far from immune to the poor energy performance of their homes. This winter … Read more

Urban rents are rising sharply as the pandemic-era exodus comes to a halt

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Zoopla also found that demand for small apartments has increased, while fewer people are looking for houses in search of better value and lower running costs. In the North West, Wales and London, the average two-bedroom flat commands a higher rent than a … Read more

“The Scottish Government has destroyed the buy-to-let market”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Rental markets across the country have exploded due to an extreme housing shortage encourages bidding wars between tenants and huge price jumps. But in Scotland it is the most most of all. It is the region where demand is growing the fastest, supply … 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

“This summer was more difficult than 2008 for holidays”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE In the 16 years since Sarah Wood started renting out vacation rentals, she hasn’t seen a summer like this. Instead of her usual packed properties booked months in advance, she faced gaps in her diary at her eight holiday homes in the Cotswolds, … Read more

Nicola Sturgeon is hurting the very people she wants to protect

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Its assumption is that all buy-to-let investors are cash-hungry profiteers, not the prudent savers with a retirement plan that many are. Ms Sturgeon said the move was temporary but she had crossed the line. It interfered in the market by limiting rents. Imagine … 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

Nicola Sturgeon is preventing private landlords in Scotland from raising rents

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Nicola Sturgeon has announced an emergency rent freeze in Scotland and a temporary ban on evictions to protect tenants during the cost of living crisis. The rent freeze and eviction ban will come into effect immediately in the private and social rented sector … 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

For sale! Turnastone home was once the oldest petrol station in Britain

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE For sale, with gas stations! £295,000 Grade II listed Herefordshire derelict cottage that was once England’s oldest surviving petrol station The Grade II listed property is in the Welsh village of Turnastone, approximately 10 miles west of Hereford They last lived in the … Read more

“My fence is collapsing because the neighbor removed their flower bed. Can I make them pay?’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Dear real estate doctors, A few years ago, my garden fence started to collapse into my neighbor’s garden. My property is higher than my neighbor’s and so on common border was supported by a raised bed of earth in the front and back … Read more

Natural sea grass and sisal are the best choice for homeowners looking for a rustic, elegant interior

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE When fashion designer Tommy Hilfiger renovated his villa on the Caribbean island of Mustique, the choice of material for the carpets and rugs was easy. The villa overlooks L’Ansecoy Bay, where turtles roost in lush seagrass meadows. So the solution was seaweed. Few … 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

Landlords facing a crisis that will be “worse than during the pandemic”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE In late spring 2022, real wages fell 3% year-over-year, while the annual rate of rent growth peaked at 11.5%, according to Hamptons Realtors. In the last two years, rents have increased by 16.2 percent. Paul Shamplina of Landlord Action, an eviction specialist, said: … 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

Complaints about noisy neighbors are skyrocketing, says Churchill Home Insurance

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Tolerance of noisy neighbors has plummeted across the country in the past two years, new research shows. In the last financial year, almost 450,000 noise complaints were made to councils across Britain, the equivalent of 1,229 every day – or one every 70 … Read more

The housing market will decline for a decade due to higher rates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Aneisha Beveridge of the Hamptons said: “Given the cocktail of risks on the horizon, growth is likely to stall next year. Financial pressures fall on households as inflation bites and mortgage rates rise.” The sharpest decline will be in the regions that recorded … 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

Church II. degrees in Kingston, Dorset at auction with a guide price of £475

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Do you want Grand Designs on the coast? A Grade II listed church in Dorset. grade, is up for auction and could be turned into a stunning £1 million-plus family home The Old Church is a Grade II listed estate. degrees in the … 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

Banks are withdrawing mortgages from landlords after a mad rush to lock in lower interest rates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Banks stopped offering buy-to-let mortgages after landlords rushed to lower rates and overwhelmed their systems. Seven lenders have suspended all their mortgages for landlords or severely limited new offers. Since the end of last month, Habito, Al Rayan Bank, Dudley Building Society and … 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

My best tip for managing a vacation? Just sell it

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE I could write more about the maintenance tasks and the strange habits of the guests, but the little things are key, only someone who has had a holiday home can say. One of them is the feeling of “performance anxiety”. I avoided ratings … Read more

A crackdown on buy-to-let will force landlords to raise rents

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Until 2017, the same applied to mortgages held by landlords in their own name. This meant that a landlord with a property rented for £1,400 a month with mortgage interest of £595 would pay £322 of their earnings. This is because they could … 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

Landlords face rent arrears as housing support collapses

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Already in March 2020, as part of its response to the pandemic, the government increased the Local Housing Allowance (the basis on which housing benefits are calculated) above the rate of inflation at the time. However, the rate has since been frozen. England’s … 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

Landlord yields are falling across Britain

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Returns which are calculated as rental income as a percentage of the house price, they offer a way to understand how profitable a property is to buy and rent. They typically fall when rents fall or home prices rise, widening the gap between … Read more

After flood warnings are issued, households are warned of electric shock

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Households warned of electrocution after flood warnings issued: Here’s how to stay safe in a flood-damaged home The danger of electrocution is often overlooked by flood victims It’s important to check the electrical early as part of the flood cleanup Author: Myra Butterworth … 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

Activists are calling for a ban on the law that would allow condominium owners to be deprived of their property

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Activists are calling for a ban on an outdated law that could lead to landlords seizing their property The owner can take possession of the apartment if the owner violates the lease Some freeholders may use the threat of forfeiture against leaseholders Author: … Read more

“We think our neighbor might change our borders – how can we stop them?”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Dear real estate doctors, In the summer of last year, our neighbors applied for planning permission for a single storey extension to the side of their corner property. Various other nearby residents were notified by the council of the plans and asked to … Read more

Housing prices are cooling faster now than during the financial crisis

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The real estate market has cooled faster than at the height of the financial crisis, which buyers are struggling with rising interest rates and rampant inflation. House price growth slowed from 12.8 per cent to 7.8 per cent between May and June, one … 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

Step inside an interior designer’s £11.7m London home for sale on Zoopla

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Flawless taste! Step inside the interior designer’s £11.7m London home, with stained glass windows and herringbone floors A semi-detached house in London’s St John’s Wood is for sale for £11.7 million The exquisite property belongs to an international interior designer who has been … Read more

Tenancy evictions up 39% with 3,405 households evicted in three months, Shelter warns

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Tenant evictions have risen by 39% in three months and a charity warns it could get worse as tenants struggle with a cost of living crisis In England, a total of 3,405 tenant households were evicted in three months Shelters fear rent-driven evictions … 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

Landlord profits have disappeared as buy-to-let prices double

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A landlord taking out a typical buy-to-let mortgage of £160,000 will now have a monthly bill of £494 – £232 more than if they had bought the property at the start of the year. During the two-year patch, this will be an additional … Read more

Millions of homeowners are at risk of having their properties sold out of their hands

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE That means an estimated 20.3 million homeowners and landlords — 97.5 percent of all homeowners — are still vulnerable. Olly Thornton-Berry, of Thirdfort, said: “Fraud is a huge problem in the UK property market. We have seen some alarming cases of fraudsters gaining … Read more

Graphs showing why housing prices are falling are imminent

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The contrast with the upper part of the market is huge. Sales of homes priced between £700,000 and £800,000 have increased by 87 per cent compared to July 2019. Part of the disjunction can be explained by rising house prices: rapid growth has … Read more

Grade II listed family home in East Sussex. grade, with a clock tower can be yours for £2.5 million

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A stunning south coast property with its own clock tower is currently on the market for £2.5 million. The The Clock House is a II. degrees in St Leonards-on-Sea, which is protectedEast Sussex. It has an impressive clock tower that boasts four clocks … Read more

Landlords are scrambling for loans while banks are scrapping deals

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE There are early signs that the dwindling availability of good deals is reducing demand from landlords, in addition to other challenges facing investors. Until recently, record rent growth forced landlords to buy despite rising interest rates. Analysis by Nationwide Building Society showed that … Read more

The next prime minister must undo the damage done to landlords

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE While the supply of rental housing is declining, demand remains high. Our data showed that 60 percent of landlords reported increased demand for rental housing in the second quarter of the year, up from 39 percent a year ago. In short, demand for … Read more

Birmingham’s property market has been boosted by the Commonwealth Games

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A huge, bold mechanical bull that roared into the Birmingham arena at the opening ceremony of the Commonwealth Games could be an apt metaphor for the city’s real estate scene. “So many positive things have come from the games that have been held … Read more

Gray is the new hot color for your home – here’s how to follow the trend

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Neither beige nor gray – it’s “greige”. And you may have noticed that color adorns walls, floors and furniture this year. The combination of warmth and elegance offered by the tone can create a calming yet dynamic space and is now neutral. The … Read more

“We bought an old cottage and now we make thousands every year”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The first cottage, Beau Tunnel, was converted in 2005 with the help of her son Thomas following her divorce. Another cottage, Chy Yar, a cornice for a henhouse, was completed in 2018; their conversion costs £45,000. The mother and son team are keen … Read more

‘I left my landlord because my energy bills were too high’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Experts have warned that landlords who do not upgrade energy efficiency face zero periods and rent discounts. Rising energy bills are forcing renters out of expensive rental homes as predictions of a cap on energy prices continue to rise. Jamie Lafferty, 39, is … 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

Councils attack Right to Buy expansion plans

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE It’s spreading The right to purchase will drastically reduced the number of municipal homes, as it is “impossible” to replace them, local authorities have warned. The Local Authorities Association, which represents councils, has rejected plans for expand the Right to Buy scheme tenants … 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

Record high house prices mean half of first-timers are spending mum and dad’s savings

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE One in two first-time buyers will rely on their parents’ money to buy a home as prices and mortgage rates rise. So-called “Bank of Mom and Dad” will lend a total of £25 billion to their children over the next three years to … 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

Insurer Aviva says households typically have £800 worth of produce in their gardens

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Aviva offers the following tips to help people protect property in their gardens and outdoors: 1. Keep the door locked If you have a garden or patio door, keep it closed – or better yet, locked. The mere presence of a door can … Read more

How to give your home an affordable makeover

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Home makeovers have a downside. They are time consuming, expensive and not always guaranteed to be successful. However, it is certainly possible to make significant changes to your home without spending a lot of money, as our guide explains… DECISIONS DECISIONS The late … 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

A Grade II listed windmill in Kent. class, is for sale on Zoopla for £995,000

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE For sailing! A Grade II listed windmill in Kent. class, with the original fan and exposed gear on the bedroom ceiling could be yours for £995,000 A Grade II listed windmill in Kent. grade, has been converted into a three-bed house and is … Read more

The US housing market is in chaos – here’s why we should be worried

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Higher interest rates in the US will only affect borrowers if they relocate or refinance, otherwise they are locked into the rate for 30 years on average. Existing homeowners who got a good deal last year have a better chance of being immune … Read more

Do we still have to pay the agent’s commission if he was not involved in the sale of our house?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Five weeks ago, we signed a 16-week contract with a real estate agent to sell our house. When we did, the cleaner told us that she had mentioned that we were selling to a neighbor, where she is also employed, and that the … Read more

Converted offices are turning into ‘unsuitable’ homes, says insurer Zurich

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Converted offices are turning into ‘unsuitable’ homes that are at risk of overheating, an insurance company warns Poorly designed converted office space raises concerns about ‘unsuitable’ homes Conversions are at risk of overheating in heatwaves, says insurer Zurich The danger is greatest in … Read more

First-time buyers have been hit by soaring rents and house prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Home prices and rents for first-time buyers have risen three times faster in the two years since the pandemic than before Covid hit, as the property boom pushes home ownership even further out of reach. Monthly rent payments are rising at the fastest … Read more

Flawed environmental rules raise landlords’ mortgages

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE David Fell of the Hamptons said independent appraisers often used different assumptions about a property’s energy performance. He said: “The fairly wide range of ratings within blocks of flats is likely to be determined by EPC assessors with different assumptions about elements of … 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

I’ve been doing everything as instructed – but I can’t understand this crazy new landlord rule

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE As another way of trying to solve this defaulting tenant problem (a Section 8 notice has already been served for rent arrears), the agent also served a Section 21 notice: a so-called no-fault eviction because you don’t have to show cause. This approach … Read more

House prices £32,000 higher than a year ago

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Wales saw the steepest house price growth of any country in the UK, with prices rising by 14.4 per cent to £212,000. In England, prices rose by 13.1 percent to £302,000. But analysts warned that the headline numbers were masking the actual situation … Read more

Pensioners took a record amount of cash from their homes

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Number equity release plan jumped 25% year-on-year, while the value of released equity rose 32% in the first half of 2022 – with both metrics reaching new record highs. It comes as rates hit six-year highs and rose above 5 percent. They are … Read more

‘Our friends called us fools for not moving to get into the best schools’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Aisling and Jeremy Gray and their two young children moved from Blackheath in South East London to near Newcastle in September 2020. “This is how my family and my closest friend live,” Ms Gray said. “We decided to move before the pandemic started. … Read more

Japanese knotweed: Homeowner to receive £6,000 compensation from Network Rail

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE South Wales homeowner receives £6k compensation from Network Rail after finding Japanese knotweed in his garden Homeowner awarded £6,000 compensation after finding Japanese knotweed Chris Davis first found the plant in his garden in 2019 and it has since spread The plant originates … Read more

Housing victims may sell off as banks agree to lend on crisis-hit homes

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Six of Britain’s biggest banks have agreed to offer mortgages on buildings with fire safety deficiencies, freeing owners trapped in previously unsaleable homes. Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander will lend to flats in blocks of flats with cladding, provided the properties … Read more

Why your home will cost you £57,000 more

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE New buyers are particularly hard hit by price increases due to the speed at which lenders change interest rates, said Mr Strutt. “People want to take their time to think things through, but if they wait a week, their mortgage rate could go … Read more