This Week In Property, December 8th – December 12th, 2014
THIS WEEK IN PROPERTY December 8th - 12th, 2014 Monday Millions of Young Homeowners Say They Need Property Price Increases Millions of younger homeowners say they have no chance of moving up the housing ladder unless their current home value increases. Homeowners aged 18 to 34 who would like to buy their next home within the next two years, 71 per cent say it is unrealistic they will be able to do so. Tuesday Rate Rises Will Not Trigger Affordability Issues The Bank of England insists that interest rate rises - whenever they come - will not trigger problems for mortgage holders. Using a ratio of mortgage payments to household income, just four per cent of current mortgage holders would need to "take action" - renegotiate their mortgage term or conditions - if interest rates rose to 2.5 per cent from their current 0.5%. Wednesday UK House Prices Predicted To Rise By 6% In First Quarter Of 2015 UK house prices are predicted to rise by up to 6% in the first quarter of 2015 but then start slowing as the May general election approaches, according to one forecast. Thursday Prime Property Ren Outpace House Growth In 2015 London prime property prices are expected to grow by 3% to 5% in 2015 but strong tenant demand is expected to boost rental prices by 10% over the next year, the latest forecast suggests. Friday UK Housing Minister Announces £3.5 Billion For New Rental Homes Across The Country The UK's housing minister has signed a new agreement to unlock £3.5 billion in funding to build new homes specifically for renting across the country. House Buy Fast The UK's Quick House Buying Company Sources http://www.dailymail.co.uk/ http://www.estateagenttoday.co.uk/ http://www.propertywire.com/ hbe f /HouseBuyFast AS SEEN ON itv @HouseBuyFast House Buy Fast 8+ +HouseBuyFastWorthing The Quick House Buying Company https://housebuyfast.co.uk
This Week In Property, December 8th – December 12th, 2014
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