UK housing market in meltdown? The number of house reposessions jumped 71% in the three months to June 2008. It’s not easy out there right now and many people are finding it ever more difficult to keep up with their mortgage payments. Given the current state of the stock markets with banks getting bail outs from the taxpayer in return for tightening their practices, it is also perceived that they are more likely to seek house repossession rather than try to work out a plan with the mortgagee. I read a report in the Guardian last week in which the…
Whilst others fear a UK property market crash, others are rubbing their hands and attending property auctions to spend their money buying repossessions and below market value property at a bargain price. Could the London property auction be the place where you too can find your dream home?
Buying a property at auction often seems very desirable, you can pick up bargains, however they are not without their own degree of risk in as much as the ‘bargain’ you pick up could end up being a money pit if you’re not careful and don’t do your research. Notwithstanding, London property auctions taking place in March offer lots of every description and price bracket. Are we starting to see a softening in the market amongst property investors?
A couple of weeks ago I went to a very nice and friendly pub called The County Arms, just by Wandsworth Common. They must have hired a nightclub and restaurant interior designer to do out the place, because it is so relaxing that we stayed there all day. At first you don’t realise how much your environment affects your mood until you find somewhere where the interior design has been done so well that you feel comfortable enough to stay in the space all day. It wasn’t over done, it wasn’t like a styled out space, it had enough ambiance…
Finding the best equity release mortgage to fit your circumstances as a home owner is a task that can seem quite daunting. After all you are releasing equity from your home which is your primary asset. It is the reason you are considering this form of finance. You want to know how to go about getting an equity release mortgage and releasing the money tied up in your property.
Having an industrialised loft and being able to get great ideas on interior designs that make it a multi-functional space, without it looking cluttered and losing the appeal of an open plan interior is a skill most of us don’t have. Interior designs require a creative flair, the ability to blend colour with accessories, textures and surfaces to make the interior of your living or working space feel comfortable and look good. I think I will be moving home soon and the picture below represents the type of live/work space I would like to move into next. In a space…
Well folks, January is over and the property auctions are back in full swing. I haven’t managed to review the lots I mentioned in the last property auction watch or the Stretton Auction from earlier this month, but as soon as I get organised I will. I should have posted the property auction list for February already, but I got very behind this week. Auctions are of course great places to pick up property at times considerably cheaper than in the open market. There are Lots and lots of property auctions to choose from this month up and down the…