D_Property

November 2, 2020

Housing market escapes lockdown 2.0

Using Twitter to break the news to the property market over the weekend, Housing Secretary, Robert Jenrick, has confirmed that house moves can continue when Thursday’s second national lockdown begins. However, it has yet to be decided whether branches can remain open. According to Saturday’s announcement, the UK housing market has managed to escape the restrictions and narrowly avoided a repeat performance of the damaging effects of the first ‘industry pause’. With full details revealed later this week, the Housing Secretary made it clear that “that ‘the housing market will remain open throughout this period. Everyone should continue to play their part in reducing the spread of the virus by following the current guidance” adding “They […]
October 9, 2020

Why You Should Consider Real Estate Investing In Your Twenties

If there were just one rule of successful investing it would be “start as young as you can.” Although we frequently hear this advice as it pertains to the stock market, there are a lot of reasons to consider real estate investing in your twenties, too. Real estate can be a great investment if you take the time to educate yourself about the process and the best ways to get great returns. However, most people who are interested in buying rental properties or real estate as an investment never do so. People who don’t take the time to learn about investing in rental properties are missing out on a great opportunity. I own 11 rental properties […]
October 8, 2020

Does ‘generation rent’ want to become ‘generation buy’?

Prime Minister Boris Johnson has promised to help more people get onto the property ladder. But is there more to ‘generation rent’ than an inability to buy? In a speech earlier this week, the prime minister vowed to turn “generation rent into generation buy“. He added that the government would carry out the biggest expansion of homeownership since the 1980s. Vowing to “fix our broken housing market”, Johnson wants to transform the planning system and bring in state-backed 95% mortgages for first-time buyers. Over the past decade, the average age of a first-time buyer in the UK has risen from 31 to 33 years old. According to the latest Ministry of Housing data, homeownership among 25 […]
October 7, 2020

UK mortgage applications at 12-year high as house prices keep rising

Desire for more space on back of Covid homeworking fuels housing market, says Halifax Mortgage applications in the UK have surged to a 12-year high as house prices rose at the fastest annual pace since mid-2016, the mortgage lender Halifax has reported. Halifax, which is part of Lloyds Banking Group, the UK’s biggest mortgage lender, said the market was fuelled by a desire for more space, with more people working from home during the Covid-19 pandemic, but warned that rising unemployment and recession would suppress demand further out. The average price of a home rose by 1.6% to £249,870 in September from August, marking the third consecutive month of substantial gains, Halifax said. This pushed the […]
October 3, 2020

Finding your niche – what type of property investor are you?

With recent reports suggesting there’s been a spike in first-time landlords of late, a property investment expert has outlined why finding your niche as a property investor can help give you the edge over your competition – and how to work out what your niche is in the first place. Bricks and mortar – with its relative stability, lack of complexity and tangible nature (the rewards are there to see and touch) – has long been one of the most popular and reliable asset classes for investing to both protect and build wealth. Nevertheless, far from being ‘one size fits all’, there are many strands to property investment and finding the right type of home(s) to […]
September 29, 2020

House prices: why a property market crash won’t happen in 2020

The grim prognoses of a UK house price crash are now unlikely to materialise, at least not this year. Find out why – and what this means if you’re buying a house this year UK house prices are continuing to rise at a steady pace, defying all industry forecasts. The latest Zoopla house price index is in, and the data points firmly to stable housing market conditions for the rest of 2020 – and likely into the first quarter of 2021. Although the situation around house prices is no longer referred to in terms of a market boom, the much-predicted property market crash has failed to materialise. What are the real reasons behind this expert-defying trend? […]