The time to buy is now…..

The economic theory of supply versus demand will result in increases in house prices in the future so potential buyers should enter the market now, according to property professional Richard Richmond, Managing Director of housetree.co.uk, a national on-line estate agency. There is currently a great deal of pent up demand from buyers who are eager more

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UK house prices surprisingly resilient

UK house prices have remained "surprisingly resilient" in recent months, with values rising again in November, the Nationwide has said. It said the average home rose in value by 0.4% in November to £165,798. This was a 1.6% year-on-year increase, according to the figures based on Nationwide´s own mortgage data. Meanwhile, the number of mortgages more

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The traditional high street estate agent versus the online estate agent

Just as travel agents have suffered from internet buying, it is now the turn of traditional estate agents that seem to be going through a similar experience. Many home sellers are turning away from the high street Estate Agent having had bad experiences in the past. Housetree´s Managing Director, Richard Richmond said: ´Customers can find more

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Watch out for Property Clubs

Richard Richmond, Managing Director of Housetree.co.uk commented ´I have seen a number of these schemes over the years, where investors have not seen a property before they invest and have no knowledge of the area’s private rental sector or house prices in the area. The schemes are wide open to fraud´ Lenders are becoming more more

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House Prices go up, property instructions go down.

With the lack of new quality properties coming onto the housing market, estate agents are now desperate for new property instructions. Richard Richmond, Managing Director of Housetree.co.uk commented,´There is a lack of new property intructions throughout the U.K and we now have literally have hundreds of waiting buyers.´ The trend is set to continue and more

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Reform Stamp Duty in 2012

Richard Richmond, Managing Director of Housetree.co.uk said ´With the temporary £250,000 starting threshold for stamp duty for first-time buyers due to expire in April 2012, this would be the perfect time to change legisltion´. But it looks as if nothing is set to change, Grant Shapps, Housing Minister said recently, “Stamp Duty does have a more

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More Spanish property bargains as repossession levels soar

A record number of homes in Spain could be repossessed this year, according to estimates by the ADICAE banking and insurance consumer group, presenting prospective buyers with an even greater selection of distressed housing stock to choose from, once the banks start to release these properties back onto the market. The group projects that around more

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My home is not for sale

A man whose house will be featured on the new Phil Spencer C4 programme Secret Agent has revealed that his home is not even for sale – something that he says he told the producer about before filming even started. The aim of the programme is for Spencer to try and sell properties that have more

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Buying a house is cheaper than renting for first-time buyers

New research shows that the average monthly cost associated with buying a two-bedroom flat for a first-time buyer is around £567. This is £110 lower than the typical rent paid on an equivalent property, according to Halifax, which conducted the research. The cost of getting onto the property ladder has fallen by 40 per cent more

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London´s property market is a safe haven

Houses in Fulham selling in days? Prices rising? Families chasing each other to buy? Internationals snapping up houses in Chelsea without even seeing them? What on earth is happening in the London market? The summer months, usually so quiet, were busier than anyone could have imagined. Against the backdrop of global uncertainty and recession, says more

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