Auction House London has a number of interesting properties listed for auction throughout the City and surrounding areas. Our property auction experts are knowledgeable about the different areas of London such as Harrow, and are sharing a series of London area guides to help investors make more informed decisions. This latest addition to the Auction … Continued
A recent modest rise in UK house prices is evidence of ‘tentative signs of a recovery’ according to the Chief Economist at Nationwide.
With a host of benefits, including speed of transaction and fewer fall-through rates, it is no surprise that the popularity of property auctions is on the rise. 2022 has been a colossal year for the property auction market. Research shows that in May alone, an impressive £480m was raised via auction in Britain, up 24% on the total raised in May 2021.
Auction House London is one of the most trusted and credible property auction brands in Britain. Since founding in 2011, we have served the interests of both buyers and sellers, looking for an efficient, speedy, well-organised, cost-effective, and high-quality property auction service.
Recently published research has forecasted the monthly average mortgage payment is to decrease by £188 by this time next year. This is despite the latest base rate hike by the Bank of England causing the average mortgage payment to rise by £166 per month.
Moving home can be a stressful time, without throwing festive activities into the mix. That said, there are ways to ensure everything goes smoothly.
2021 saw a record-number of buy-to-let companies set up. Data from Companies House shows that last year 47,000 new BTL companies were formed in the UK.
The average cost of rent in the UK increased during Q4 of 2021, rising for a fifth consecutive quarter.
Data from the Deposit Protection Service (DPS) shows that average rents in Britain reached £834 a month in the last three months of 2021. This represented an increase of £16 a month – 1.96% – on the previous quarter, and a rise of £43 – 5.30% – on the third quarter of 2020.
Figures published by Moneyfacts shows that mortgage availability soared by 53%, suggesting that lenders are confident that demand for homes will remain strong in the coming months.