Landlords more confident as UK house sale predictions look bleak - The Quicker Sale

Landlords more confident as UK house sale predictions look bleak

70% of landlords were more confident about the UK buy to let market in January than they were at the end of 2011, due to an decrease of mortgage approvals and first time buyers.

 

Interest among renters is increasing says UK landlords. According to Property Wire, one landlord said, ‘I am more confident due to the amount of response I have had to my recent rental property. Having sold a property in the past, the difference in the amount of viewing for my rental property in comparison to my property for sale has been very encouraging’.

 

James Davis, chief executive officer of Upad said ‘More and more people are choosing to rent as they struggle to get on the property ladder and with and estimated double digit increase in the number of people who will choose to become professional tenants this year, landlord confidence in 2012 is on the up’.

 

Are you struggling to sell your house? With renting becoming more popular than buying due to the state of the current economic climate, the open market has become extremely ineffective. Does a hassle free, quick, cash in hand sale sound like the perfect option for you? Well, contact The Quicker Sale.

 

We remain actively buying properties throughout the UK despite outside factors and are able to complete the purchase within as little as seven days. Visit our website at TheQuickerSale.co.uk where you can receive a free, no obligation, instant cash offer in under a minute. You can also follow us on Twitter at ‘@TheQuickerSale’ and catch us on Facebook at ‘Quicker Sale’.

 

 


European housing market in ‘agony’. How will you manage to sell your home?

 

 

The housing market across Europe is in ‘agony’ according to the Royal Institution of Chartered Surveyors (RICS).

Europe is in the midst of “prolonged agony” of housing market decline with no obvious end in sight, a recent report by surveyors has claimed.

 

According to the BBC, RICS explains “the downturn began five years ago, so had lasted longer than a typical 12 or 18-month dip”.

 

With the housing market remaining extremely uncertain and banks making mortgages even more difficult to obtain, the chances of selling your home on the open market are lower than ever. Are you desperately trying to sell your house without much luck? As things currently stand, the economic climate is set to plateau for the next three years. Here at The Quicker Sale we remain actively buying houses across the UK despite the state of the UK housing market. So if a zero hassle, cash-in-hand sale is what you are after, allow The Quicker Sale to help.

 

Visit our website at TheQuickerSale.co.uk where you can receive a free, no obligation, instant cash offer in under a minute. You can also follow us on Twitter at ‘@TheQuickerSale’ and catch us on Facebook at ‘Quicker Sale’.

 

Image courtesy of: WebHouses

 

 


One UK homeowner faces repossession every two minutes. Sell your house before its to late!

 

Recent statistics show one UK homeowner risks losing their home every two minutes, The Guardian reports.

 

The Council of Mortgage Lenders show there are 54,000 households who have been in mortgage arrears for more than a year. Meanwhile, Shelter has seen a 38% increase over the past year in the number of calls to it’s helpline.

 

Finding yourself unable to sell your house on the current depressed market is only to be expected – and the longer you wait the more money you lose. Do you long for a hassle free, quick sale in return for cash in as little as seven days? Well, whilst the open market grinds to a halt, The Quicker Sale remains actively buying homes throughout the UK. Any size, shape, location or reason; The Quicker Sale can offer you a guaranteed cash-in-hand sale quicker than anyone else.

 

Visit our website at TheQuickerSale.co.uk where you can receive a free, no obligation, instant cash offer in under a minute. You can also follow us on Twitter at ‘@TheQuickerSale ‘ and catch us on Facebook at ‘Quicker Sale‘.

 

 


Santander’s new mortgage affordability checks make it harder to sell your house


Everyday speniture on things such as magazine subscriptions, birthdays and religious festivals must be declared under Santander’s new mortgage affordability criteria.

 

Santander has altered the way it asks potential borrowers about their ‘regular’ and ‘non-regular’ expenditure, now requiring them to provide extremely detailed information about their outgoings, The Guardian reports.

 

It comes with a severe warning that applicants must offer a ‘realistic’ amount, as unlikely numbers such as zero could lead to a ‘decline decision’.

 

In response to the recent change in application, one commentator on industry news website Mortgage Strategy argued “next they’ll have underwriters in disguise following you around to see where you do your shopping”. There has been a worry among those who are consistently frugal and don’t have any family, the website shows throughout its various comments. “Does this mean my brother, who is a Jehovah’s Witness, would fail the credit score by putting in nil on Christmas and birthday expenses, as he does not celebrate either?” said one.

 

With banks making it even more difficult to obtain mortgages, the open market is looking even more depressing. Are you desperately trying to sell your house without much luck? As things currently stand, the economic climate is set to plateau for the next three years. Here at The Quicker Sale we remain actively buying houses across the UK despite the state of the UK housing market. So if a zero hassle, cash-in-hand sale is what you are after, allow The Quicker Sale to help.

 

Visit our website at TheQuickerSale.co.uk where you can receive a free, no obligation, instant cash offer in under a minute. You can also follow us on Twitter at ‘@TheQuickerSale’ and catch us on Facebook at ‘Quicker Sale’.

 

Image courtesy of: The Telegraph

 

 


Lloyds bank suffers £3.5bn loss for 2011, grinding house sales to a halt

 

Lloyds Banking Group has plunged to a £3.5bn loss for 2011, causing serious harm to the UK economy.

 

The chief executive, António Horta-Osório, explained within a recent interview with The Guardian online how the ‘prolonged low interest rate environment would mean some key targets would not be met on time’. It appears the loss was not unexpected – however, what impact this will have on the housing market is unavoidably sinister.

 

Lloyds, which owns the country’s largest lender Halifax, predicts house prices will stay “broadly flat” for the next two years and that the UK economy will remain “uncertain” for the foreseeable future.

 

With banks such as Lloyds having to tighten their purse strings over the next three years, mortgages are set to become even more difficult to obtain. Have you been facing a struggle to sell your house? In the current market, that is only to be expected. Recent research has proven that first time buyers are failing to get the mortgages they require, whilst those already on the property ladder are unwilling to move due to the recent recession. If you want or need to sell your house quickly, The Quicker Sale is guaranteed to help you out. We remain buying homes throughout the UK despite the economic climate, location or condition for a hassle free cash sale.

 

Visit our website at TheQuickerSale.co.uk where you can receive a free, no obligation, instant cash offer in under a minute. You can also follow us on Twitter at ‘@TheQuickerSale’ and catch us on Facebook at ‘Quicker Sale’.

 

Image Courtesy of: The Telegraph

 


First time property buyers fear falling into negative equity


 

As house prices continue to fall, new research from Collins Stewart show proposals to boost mortgage lending could put first time buyers into negative equity.

 

According to analyst Alastair Stewart, UK housing could be stuck in a “lost decade”, due to “tight lending from banks putting pressure on prices and record low volumes.” In a recent interview with The Telegraph, Mr Stewart describes how we are still to face “at least two or three years of steady house price erosion”, minimising the number of first time buyers.

 

Are you trying to sell your house on the open market without much luck? As things currently stand, first time buyers are failing to climb the property ladder. If Stewart’s prediction is correct, the next three years are set to provide further disappointment, something which we could all do without. Here at The Quicker Sale we remain actively buying houses across the UK despite the depressing climate. So if a zero hassle, cash-in-hand sale is what you are after, allow The Quicker Sale to help.

 

Visit our website at TheQuickerSale.co.uk where you can receive a free, no obligation, instant cash offer in under a minute. You can also follow us on Twitter ‘@TheQuickerSale’ and catch us on Facebook at ‘Quicker Sale’.

 

Image courtesy of Cutcaster

 


Month-on-month mortgage lending figures plummet

The decline in lending from December 2010 to January 2011 was down at 10.15%. However as we enter 2012, we see a further drop to a whopping 14.4%.

 

According to the Guardian online, the Council of Mortgage Lenders put the month-on-month decline down to “seasonal’ interferences”. However, Mark Harris, chief executive of mortgage broker SPF Private Clients, notes that there is no evidence whatsoever of a recovery in the housing market.

 

“It is still tough to get a mortgage and the troubles in the eurozone are a long way from being resolved,” he said. “The number of first-time buyers is likely to drop back after March as the majority of would-be buyers adopt a ‘wait and see’ attitude… We don’t expect interest rates to rise for three to five years.”

 

Finding yourself unable to sell your house on the current depressed market is only to be expected – and the longer you wait the more money you lose. Do you long for a hassle free, quick sale in return for cash in as little as seven days? Well, whilst the open market grinds to a halt, The Quicker Sale remains actively buying homes throughout the UK. Any size, shape, location or reason; The Quicker Sale can offer you a guaranteed cash-in-hand sale quicker than anyone else.

 

Visit our website at TheQuickerSale.co.uk where you can receive a free, no obligation, instant cash offer in under a minute. You can also follow us on Twitter at ‘@TheQuickerSale ‘ and catch us on Facebook at ‘Quicker Sale‘.

 

Our testimonials do the talking for us; allow The Quicker Sale to offer you a helping hand.