Student housing investment is more attractive than ever

Student housingA new report by Taylorvinters regarding the UK property market has identified the student property market as one of the most profitable and worthwhile markets to invest into. Student housing investment nationwide has yielded high turnover rates for many landowners.

Director of Easyroomate.co.uk, Jonathan Moore stated that specific cities throughout the nation such as London, Manchester, Brighton, Edinburgh, Birmingham and Liverpool are important and profitable university cities where demand for student properties is high while prices are high and supply low. This combination of optimal demand and supply makes these cities very profitable. Read more of this post

Second property abroad for Brits is favourite France

UK Second PropertyA new report published has stated that Spain has been overtaken by France as the second property abroad for Brits and overseas destination to invest to. Homeaway.co.uk and Savills propertytalklive report has suggested that the economic climate and stable property market in France has created a low fluctuation in housing prices and a safe market to invest to.

Primary factors effecting many UK property investors choice are factors such as proximity to major infrastructure such as airports, bars, beaches etc. Furthermore the type of property bought in each individual country has varied throughout the years. In Italy and France buyers have typically tended towards purchasing tradition styled properties in comparison to the modern deluxe property ventures in Spain and Cyprus. Read more of this post

Cheaper to buy a house than to rent one

Cheaper to buy a house than to rent oneBritish property portal Zoopla analysed the asking prices and rent rates for all two-bedroom apartments available on the market and compared the cost of rent and of ownership based on servicing an interest-only mortgage at 5% p.a, reported propertytalklive.co.uk.

On average the difference between renting and buying is 13%. Rising demand for rented properties and decreasing house prices mean that in about 90 % of the country (45 of the 50 largest British towns), it is cheaper to buy a residential property now than it is to rent one. Read more of this post

Sustainable property sector in the UK on fourth place

UK sustainability property sector on fourth placeThe Royal Institute of Chartered Surveyors (RICS) has warned, that the UK is behind Europe when it comes to developing the  sustainability of properties, reported Investor Today. RICS is an independent organisation, founded in London in 1868 and is ‘providing impartial, authoritative advice on key issues for business, society and governments worldwide.’

Sustainable property sector in the UK on fourth place, according to RICS Sustainability Index. With a rating of 53%, the UK is behind Canada (53%), Continental Europe (65%) and Australasia (64%), which all have a strong focus on sustainability, energy efficiency and the environment. Read more of this post

UK best place to live and raise your children

UK best place to live and grow upAccording to a new report released, the small relatively unknown village of Winkleigh has been granted the award of being the UKs best place to live and raise your children.

The survey was conducted under strict regulations and guidelines outlining and evaluating various aspects of living such as childcare costs, lifestyle factors, crime statistics, performance in school and overall satisfaction rates across the board.

 Conductors of the survey called mutual Family Investments compared 2,400 various postcodes nationwide and awarded the villiage of Winkleigh ans the “family friendliness”.

In combination with low crime figure Winkleigh had a surprisingly low average property price of £150,837 meaning that it is also an affordable place to live in. Furthermore average wages are well above the national average standing at £37,566 in comparison to £24,170. Read more of this post

Green Furniture – ecological design made trendy

Green FurnitureGreen Furniture, also called ecological furniture, has moved up from just a mere concept to being integrated and considered a part in the construction of new buildings that experiment with space-age materials and advanced engineering. Until recently „Green interior designs” were not focused upon, but more and more friendly furniture is being designed. 

The artistic movements have always been those influencing the evolution of major architectural developments over the centuries starting with the neoclassical and reaching up to the avant-garde but for many people, a chair remains just a chair and shelves are used for storing books. Practicality and budget are just two of the other aspects that are taken into account.

Yet still this new and evolving tendency for the eco-friendly furniture has been presented at the London Design Festival, where it became clear, that the new green wave has taken over furniture designers who are now receiving commissions from retailers for their designs. The emerging concept is starting to gain more and more supporters due to its affiliation with important names in the interior design business and the increasing appearance of Eco Friendly furniture, where the public eye can reach them: festivals, furniture stores and galleries. Read more of this post

‘Serious sellers’ are back in the UK property market

'Serious sellers' are back in the UK property marketNational Association of Estate Agents – NAEA reported an unexpected increase in the UK real estate business (property demand as well as finalized transactions) during this summer. August is usually a quiet month for the property market. The average number of available homes for sale per branch was 68 in May and has jumped to 74 in June. It has not been that high since April 2009, when it was an average of 76 properties. More people registered to look for a house (304 on average) and it is claimed, that the ‘serious sellers’ are back in the market, informed propertytalklive.co.uk

According to the report, these figures suggest that sellers are becoming more confident about selling their property. The so called ‘serious sellers’ are back, they estimate their house prices reasonably and are willing to complete the transaction. Read more of this post

UK deposits for home buyers

UK Deposit for Home BuyersThe Building Societies Association (BAS) have reported in their quarterly consumer survey published by StockMarketWire.com, that eight out of ten first time home buyers between 18 and 24 aspire to buy their own house or property. Furthermore major problems have arisen regarding UK depostis for home buyers.

About 94 % of respondents said that they would ideally buy their own house around the age of 35, with a percent of 75% aspiring to buy in their 20s.
According to Property Tracker, web-site that reports more than 2,000 UK opinions about housing every three months an important barrier in the process of buying a house is raising the relevant deposit funding.

There is a clear consistent rise in consumer confidence regarding property purchases, with almost 43% believing that this is the right time to buy property. Increases from 41% earlier this year -(June). On the other side in the rented or rent-free sector, 37% said that this is not the time for buying a house compared to 27% of existing homeowners. Read more of this post

Expat property demand reaches record high

Uk expat demandAlthough the UK region and London itself has always been a safe and sure country to invest, due to favorable foreign exchange rates for foreign investors and an ever more prosperous housing market. The housing market in London is more than ever the most popular international cities with overseas investors, especially from Russia and the Middle East, driving up the expat property demand states the Telegraph.

Grainne Gilmore from Knight Frank states that “An expat earning Singapore dollars, for example, and buying in London could enjoy a 20 per cent discount because of the weakened pound.”

Furthermore UK expats are more than likely to have a better knowledge of the London city and know in what areas to invest in. An increase of 7% in London property prices in the past 12 months has attracted more UK expats to invest in the ever flourishing London property market. Read more of this post

Green Deal online discussion

Green Deal Online DiscussionOn Monday 19 September 2011 guardian.co.uk started a live Green Deal online discussion about the advantages and disadvantages of the GD regarding the housing sector. Apart from the specialists invited to take part in the discussion, every individual could participate, by posting a comment in the thread. It is very interesting to see all the questions that this topic raises, because almost every part of the property market would be affected and necessary changes will be essential.

The Green Deal is a revolutionary program that will give customers (business and private consumers like owners and tenants) the opportunity to make energy efficiency improvements such as solid wall insulation or better heating systems, suitable for their home and save money on electricity bills.  The Green Deal was introduced in Parliament in December 2010. Read more of this post

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