Newsletter Issue 10 - November 2013

Welcome to the November newsletter - the housing market in 2013 in the North West is on the road to recovery. Whilst prices are pretty stable demand is very clearly up with people beginning to feel confident about the housing market again. This positive feeling is fuelled by a combination of positive media mentions on a daily basis and banks actively advertising mortgages such as the Nat West’s Nat Yes campaign.

The number of mortgage approvals for the year is up by 30%, it’s still well over a third below the peak of 2007 but improving month on month. 67,000 mortgages were approved overall in Britain in September - the highest since 2008.

Interest is strong in both homeowners and buy to let properties with many buy to let investors coming into the area attracted by the yield available on Merseyside.

The Government Help to Buy is a real positive factor – see our article on the scheme for further information.

The improvement in the market is also measured in the outstanding performance of Auctions in the North West. Our Auctions this year have achieved sales of over 90% of lots offered, back in the recession days we struggled to sell 30%. Our performance is the best in the UK.

All in all the green shoots of recovery spoken about by politicians a long time ago are sprouting on Merseyside!

I hope you enjoy the rest of our Newsletter and if you have any comments to make, please do send us an email and we'll ensure we get back to you.

Rob Farnham

Top 6 Properties To Buy - Wirral

Wirral Properties

Looking to move, or maybe invest? Then take a look at our Top 6 properties currently for sale in our Wirral offices. More...

Top 6 Properties To Buy - Liverpool

Liverpool Properties

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Top 6 Properties To Buy - Southport

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Looking to move, or maybe invest? Then take a look at our Top 6 properties currently for sale in our Southport offices. More...

Help to Buy Schemes

Rob Farnham, chief executive of The Venmore Group provides information on the Government's Help to Buy Schemes... More...

The Negotiator Awards

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Venmore Auctions up against some of the top auction houses in the UK...

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Landlords Questions and Answers

In each edition we will answer questions landlords may have concerning their properties and tenants. If you have a question you would like answering please drop an email to k.smith@venmores.co.uk and we will endeavour to publish it in the next edition. More...

Top 5 Properties to Let - Southport

Southport/West Lancs Properties

This month we're taking a look at the top 5 rental properties from our Southport and Ainsdale offices.... More...

If you are seeking to purchase or lease commercial property, it is critical you receive professional advice...

Commercial Sales | Investment Property News | Venmore News | BFL - News | Ball and Percival News

Tim Garnett, Head of Commercial Agency at Venmore provides advice on Professional Agency Services. More...

Property Search Spotlight - GREASBY – Why Sell with BFL?

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Our West Kirby office have a fantastic success rate with selling properties in the Greasby area. A great reason to sell with BFL....

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Home Legal Services

The Venmore Group have partnered with Home Legal Services... More...

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