The Right Surveyors – now covering Rhondda

A new office for the Right Surveyors Glamorgan has opened, covering Rhondda and the surrounding area. Keith Batten FRICS has been appointed Director. The practice provides Property Surveys, Building Surveys, Structural Surveys, House Purchase Surveys, Homebuyers Reports, Major Defects Reports, Home Surveys and Property Valuations, Property Acquisition work, Party wall work and can act as an Independent Expert Witness.

If you need a property expert to survey a building you own or are about to buy, Right Surveyors Glamorgan have the perfect level of local knowledge and expertise to provide you with the professional service you require. Click here to contact Keith and have a no obligations chat about what he could do for you.

To find out more about the Right Surveyors and whether there’s a Right Surveyor near you, click here to visit their main website.

Could your next step on the property ladder put you in deep water?

You may not have thought much about it, but in a difficult static housing market more people are opting for the value-for-money and quiet surroundings afforded by living in a houseboat. Could your future lie on the calm waters of Britain’s lakes and canals?

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First time buyers often still need to scrape together £50,000 deposits

The difficulty for first time buyers goes on as deposits of over £50,000 on average are still being demanding to get on the property ladder. Worrying news for first time buyers, but is anything being done and should the rest of us be concerned?

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Uncertainty in the Housing Market in June

The National Association of Estate Agents (NAEA) have reported that although the number of houses on their books fell slightly in June, the number of house hunters rose.

The RICS (Royal Institute of Chartered Surveyors) report gives the opposite picture, with the number of house buyers down and housing stock up.

To read the whole article, click here.

Bank of England Maintains Bank Rate

The Bank of England has maintained the help to the economy and the property market by leaving bank rate at 0.5% for another month.  

The Bank Rate was previously changed by a reduction of 0.5 percentage points to the current 0.5% on 5 March 2009.  This will no doubt encourage the property mortgage rate for the majority of lenders to stay at relatively low levels. 

Building Survey and Valuation data has shown that the general property market is relatively active for those able to pay larger deposits.  The extent of the recent stamp duty changes on property sales has yet to be accurately established.   Many lenders are charging higher rates and limiting the availability of funds to those with smaller deposits available for property purchases.

8 April 2010

Has New Optimism Entered the Market?

Whilst the annual shift in house prices for the 12 month period across the whole of England and Wales rose to 2.5% over the whole spectrum of residential property, according to the Land Registry, the numbers of transactions in the lower end (sub £175,000) of the market rose approximately 8% above normal.   For the rest of this article, click here