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Buying and selling fast in a worsening climate
29/10/2008
Statistics released by the Land Registry yesterday are unlikely to come as a big surprise to most of us involved in the property sector. They confirm that prices will fall further, at least in the short term, and now more than ever, speed is of the essence when you want to make a transaction. Simon ...
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Remortgaging in the credit crunch
17/09/2008
It’s become increasingly clear in recent months that getting a mortgage or remortgage is extremely difficult, with rates rising and availability of mortgage products dwindling. 1.4m property owners whose mortgage deals come to an end in 2008 will be looking for a new deal, according to the...
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Chance of relief for property owners
26/06/2008
With the mortgage market becoming increasingly expensive for property owners, it is really welcome news to see that Chancellor Alistair Darling has urged banks to lower their arrangement fees and stop taking advantage of borrowers. Some banks are charging arrangement fees reaching up to £3,00...
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Cut the VAT and cut out the cowboys
21/05/2008
In my last blog I talked a bit about the problems posed by ‘cowboy’ tradesmen to property owners and reputable tradesmen alike. This much publicized minority not only give the rest of the industry a bad name, but according to government figures cost home owners around £1.5 billion ...
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Avoiding the cowboys
25/04/2008
The recent OFT investigation into cartel-type practices in the building industry has done little to improve the reputation of honest and professional tradesmen. The investigation has shown the practice of ripping off consumers goes right to the top in the construction industry. The majority of the b...
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