Posts Tagged ‘Property Investing’

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UK housing research prompts interesting results

Wednesday, March 3rd, 2010

Cheap properties for sale? New figures show the net balance of rising house prices has risen to 32%; up from 30% in 2009. The Royal Institution of Chartered Surveyors (RICS) has just released their findings in their annual UK Housing Market Survey for January 2010 and there were some fascinating findings. Figures show that the net balance of agreed sales fell to -15% from +19% last year and the amount of new buyer enquiries also dropped to -20% from +18%.

The cold weather at the start of 2010 has had an impact of the housing market as both supply and demand numbers have been affected; mainly due to people in the UK halted in their travel plans. Anyone searching for BMV properties or a house to buy in a different area were put off from leaving the house to explore the market but a spokesperson for RICS announced the company expects the market to enjoy an increase as spring approaches and the weather warms up. Cheap properties for sale can be found online with experts forecasting that house prices are likely to rise in the coming months; many people may want to spend the coming weeks searching for a good deal.

Other figures brought about from the research data include proof that the south west, south east and London are the areas that have enjoyed the highest price increases and in comparison Yorkshire, Wales and the north of England have endured a continuing downward trend with house prices continuing to fall. BMV properties are the way forward in 2010 as many more people become aware of the great deals that can be had in a UK property market that RICS predicts is likely to fall again after a brief rise in prices during the springtime.

There is always much hype regarding house prices and many things have an impact on the market from the weather to political stability and with an election on its way what affect will this have on the housing market. Will the bmv property market continue to perform well for investors?

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Cheap Property to Buy in the UK

Friday, September 4th, 2009

Finding cheap property now days can be like looking for a needle in a haystack. Whilst there are discount properties to be found all over the UK in England, Scotland and Wales the real below market value properties are on and off the market within days. Many cheap properties for sale never even hit the open market as professional property investing firms notify property investors of the discounted property before the open market sees it.

If cheap property for sale is not available on the open market how does a property investor find it? The answer to this question is easy register with specialist property investment companies who source cheap property for sale.

The property investing companies who specialise in finding discounted properties have good relationships with property development companies, estate agents and mortgage lenders and therefore have access to cheap properties for sale. Building up these relationships takes time and you can tap into these resources instantly by registering with Property Banker.

Property Banker will send you regular updates of cheap properties for sale, all properties are in good condition and are always below market value providing you an instant return on your property investment.

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Forget Tumbleweed, go BMV!

Monday, July 6th, 2009

Below market value properties are a wonderful way to grab a bargain house for a bargain price and it is important to be aware that just because a house is listed as BMV, it does not mean that it is faulty or unwanted for good reason.

There are so many different types and styles of property all around the world; it can be hard to understand the ins and outs of all of the pricing strategies. From giant mansions that costs enough to feed a third world country for a decade and London penthouses in Chelsea perfect for property investments, to small flats and houses on local estates; there are many reasons why property gets listed as a BMV deal.

The smallest house in the world was recently named and famed and it is located in San Francisco, US, and was designed by architect and artist Jay Shafer. It is named Tumbleweed and sits on a tiny space of land measuring only 96 square feet and thanks to the attention he has received for his minute creation, he now specialises in building small homes that start at only 50 square feet.

Many people have a preconception that below market value property is only beneficial to investors and developers but this is inaccurate as regular sellers get the benefits of a quick sale and any average buyers get a good deal meaning happy property market players all round.

The point is that no matter how big or small, expensive or cheap a property is, there is always the opportunity to find a bargain and rather than live in a house that is smaller than many people’s closet, find a cheap below market value property that means you get to live in something bigger than a shoe box.

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Mortgage Market Problems Create Opportunities for Property Investors

Tuesday, June 30th, 2009

The current economic situation in the UK has had a huge impact on the mortgage market. Over the past 2 years the Council of Mortgage Lenders reports a fall in the mortgage market from £364 billion in 2007 to a forecast of £145 billion in 2009.

With falling house prices and discounted properties on the market due to homeowners facing repossession, there is plenty of opportunity for a property investor to make a profit even though the market is down.

The current figures from the Halifax show house prices have dropped 18% in the last 12 months. Recent reports showing house price increases in May have since been corrected when Land Registry figures came out showing in fact there was still a small drop in prices. Indicating we are not out of the red just yet.

Falling house prices and rising repossession rates due to debt and unemployment are going to bring about a lot of opportunities for property investors if they can get funds. Unemployment is expected to peak at 2.9million with the current rate of people employed at a little over 73%.

The current mortgage problems are also meaning people are not remortgaging and are often selling up and downsizing to prevent from having mortgage commitments at all. The state of the current property market means there are plenty of cheap property to buy.

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BMV Property – The basics of property investing

Wednesday, May 27th, 2009

Buying a property below market value is always a favourable way of investing in property. Property investing has been around for many decades and has grown in popularity. Before you can invest in below market value property it’s important to understand a few of the basics.

So if you find a property that is worth £90,000 and you have £18,000 to invest. This means you have a 20% deposit. As a result the mortgage lender will potentially loan you the other 80% in order to finance the property purchase. To calculate your deposit percentage, simply divide your deposit amount buy the value of the property and multiply by 100. This will provide you with the percentage deposit value.

After a year or so you may want to determine how much you have made from your below market value property. So by using our example, if the property has increased in value up to £100,000, from the purchase price of £90,000 this means you have made £10,000, but what about if you want to calculate the percentage increase for year on year analysis. Again this is relatively simple, all you do is minus the current value by the purchase price, which in this case is £10,000, divide this amount by the original purchase price and multiply by 100. This will give the percentage value increase which in this case is 11%.

By understanding these basics it can help you determine how much deposit you will need to be eligible for a certain mortgage rate, which is of course essential when purchasing a below market value property. Also once you have purchased the property it is beneficial to know how much you have made especially when you are selling the property. Property investing can be complex; it is imperative that you understand the basics and easily estimate investment levels and expected returns.

Property Banker have years of property investment experience we can help you find the best deals.

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