Fixed Rate Mortgages

January 21, 2009

Fixed Rate Mortgages

Only a couple of years ago, it was easy to obtain a mortgage at a good rate with only a minimal deposit. Today however, the real estate market has changed drastically, and it is not quite as easy to get a loan. There is however still some great rates on the market, as long as you are able to put down a larger deposit on your home. To get one of the best mortgage deals, you should be able to put down a deposit of up to forty percent, although good rates are still available for those who can pay around twenty percent upfront. [Read more]

Selling Tips

December 2, 2008

Home for Sale

Are you planning on selling your home and hoping to do it quickly? You may think that it will be easy to sell your property, as you have lived there for so many years and know full well the value of your place. This may be the case, but it is not always that obvious to potential buyers. If you are seriously considering selling your home, then you will need to make sure that it looks appealing to people as soon as they see it. [Read more]

Auction Houses Make A Comeback

November 3, 2008

With the housing market falling, more and more homes have been repossessed with owners struggling to keep up with payments. The increasing amount of repossessions has given first-time buyers the chance of getting on the property ladder, as auctions are making a comeback.

Auctions used to be a way for home owners to sell a house in need of a lot of renovation and repair work. They slowly declined over the years, as the cost of surveying fees and solicitor fees, as well as research time proved to be unpopular with investors. With the amount of repossessed homes increasing by almost half in the recent months, more and more homes are being sold on the auction table. This is opening many doors for first time buyers who may just be able to get a deal that they can afford.

Auctions are proving to be the answer for both buyers and sellers in the housing market today. Sellers who have been unable to sell homes through real estate agents are turning to auctions houses for help. The auctions are seeing a greater range of prospective buyers including investors and first-time buyers hoping to get a good deal.