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E1 BTL FINANCE News |
Until the recent research conducted by Savills was published, the UK property industry was concerned over the slow recovery of the sector as banks did not express any willingness to lend more than they did. However, according to the survey performed... (Continue reading)
According to the latest figures published by the Bank of England on Friday morning, October 2nd, UK residents have paid back more mortgage debt than they borrowed against the value of their property. In the second quarter of 2009 – that... (Continue reading)
In its recent statement, the International Monetary Fund (IMF) reviewed its forecast for the British economy, suggesting that it will recover faster than expected. The major reasons for the reviewed forecast lie in the recent improvements seen in the property market... (Continue reading)
According to the information revealed by the Financial Services Authority (FSA) and the Building Societies Association (BSA), the number of UK residents who have taken out a residential mortgage and fell into arrears has been steadily decreasing as only 3%... (Continue reading)
The latest report published by the Ernst & Young Item Club – the company’s forecast group – on Monday, September 14th, suggests that company’s experts are not positive about the future of the UK property market. In their opinion, the decline... (Continue reading)
On Wednesday, September 9th, the Berkeley Group – British housebuilder – announced that according to its information property markets of South England and London are stable; Berkeley also said that the stability of markets is the reason why it has purchased... (Continue reading)
More evidence suggesting that consumer confidence in the British property market is returning came as one the leading UK developers – George Wimpey East Midlands – reported the company has sold all of its houses in The Park development, near... (Continue reading)
The results of the research undertaken by the Association of Residential Lettings Agents (ARLA), which were published on August 27th, suggest that the number of so-called “reluctant landlords†on London residential property market has shrunk significantly as consumer confidence started to... (Continue reading)
Mr. Martin Barber – man, who used to be the co-founder and, as a consequence, former chief executive at Capital & Regional – a British specialist property investment company – said he intends to return on the UK market of... (Continue reading)
Another sign of the stabilisation of Britain’s property market came as the largest UK housebuilder – Persimmon – claimed that the value of its land bank increased. Even though the company’s financial report said that its pre-tax profits and revenues fell... (Continue reading)
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