UK Property Investment Information
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Mortgage and credit card companies under the spotlight on consumer charging

For the first time since May 1996 reports have indicated that wage increases have risen faster than house price inflation. According to Nationwide, "The overall picture remains one of a gently softening market". The signs indicate that the housing market activity is finally starting to pick up, with estate agents reporting that buyers have begun returning to the market and sellers are more wil. . .

First-time house buyers: to buy or not to buy that is the question.

Buying your first house is always a difficult time. There are so many important decisions to make, and problems to be solved, which combine to make it one of the most stressful events that will occur in most people’s lives. Some of the most obvious problems include the need to: * find a suitable house to purchase * plough through complicated financial information * choose an appropriate mo. . .

UK house price increases take a summer holiday

Property website Rightmove has released its latest house price index announcing a “Summer sale” for house buyers. The report shows that on average, house prices fell by 1% over the four weeks leading up to 9th July, indicating that the “affordability gap” between house prices and buyers ability to purchase, is at last starting to close. The price fall has been heralded as a great boost for ho. . .

Rate tarts no longer welcomed by mortgage and credit card providers.

Following on from recent moves in the credit card industry (see Cashzilla, “Rate tarts losing ability to cherry pick” ) to reduce the number of people switching from one financial provider to another, mortgage lenders are now looking to follow suit. Abbey is the latest High Street mortgage lender to notify its customers that they are increasing the costs associated with switching from their mor. . .