The housing market will stay in the doldrums until there are some changes. The construction of new build would help boost the economy and supply much needed capacity into the supply side of the market. Unfortunately, or perhaps fortunately the demand is present but the financial wherewithal is currently mired in mortgage inertia. Improve Housing [...]
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Is It Time To Fix Your Interest Rate
A question that needs to be kept under review but is difficult to answer categorically. Traditional Mortgage Interest My main mortgage was repaid during an era when there was little or no choice in the way repayments were calculated. Most mortgages had variable rates and there was no confusing choice and no extra charges every [...]
Market for The Natural House
The Natural House built by The Prince’s Trust for the Built Environment, demonstrates a simple, low-tech and easy to build alternative for volume house building. We think it will appeal to the first time buyer market if priced sensibly and why wouldn’t it be? Prince Charles advocates that we ‘plan our homes, shops, schools and [...]
UK Following the USA Housing Market?
In many economic ways and measures the British housing reactions and statistics lag the USA indicators by several months. Do we Follow America in the Housing Market? USA were the innovators of sub-prime mortgages American companies also seemed to be amongst the first financial institutions to repackage home loans. Goldman Sachs and Morgan Stanley are [...]
Simple Tips to Save Money on Housing
There are two stages to saving money. The first is to aim for the best products that suit your circumstances and avoid those that do not meet your criteria. The second stage is knowing yourself; making sure you make the right decisions and having the best attitude to home, health and money. Price is not [...]
Young Rich & House Hunting
Just what the housing market needs another TV programme about housing. ‘Young Rich & House Hunting’ is a new series on BBC 3 which follows some of the UK’s most affluent young people as they hunt for their perfect pads and go on a serious spending spree. The Daily Telegraph has dubbed it ‘How big [...]
Rent and Convert to Buy Deals
A ‘rent-to-buy’ scheme or ‘lease option’ (which is the technical definition for a specialised tenancy agreement) allows the tenant to rent a property for a length of time with the option to buy it outright at the end of the rental period. Rent To Buy – The Basics The idea is that the provider will [...]
Make Your Home Earn Money
Earn some rent or make your home work to raise a few extra pounds with this list of ideas and links.
Housing Market China 2011
Government Yo-Yo Policy As with western markets, Chinese government policy on housing is hard to fathom. In China a stop go stop policy seems to prevail. Housing sales and prices began to rise in China again in 2009, boosted by direct government intervention aimed at boosting the housing market in the aftermath of the [...]
Modular Home or Prefab?
A factory-built dwellings that arrives on a lorry is now more likely to be considered as a mortgageable proposition. The stigma of those post war prefabs is now forgotten by the baby boomers turned bankers. Much of the mortgageable value resides in the freehold but the future resale value, maintenance costs and the hook up [...]