Newsletter Issue 7: February 2013

Now in 2013, with the distractions of the Olympics and Para Olympics a fading memory and tax uncertainties clarified, the property market is ready to move on. All of our offices have had a much busier start to the year compared to 12 months ago, with buyers looking across all price ranges including the £1 Million plus market. We are expecting a strong Spring in terms of the numbers of properties sold although we are not forecasting any gains in value as we are also aware that there are large numbers of potential Vendors waiting to come to the market when they feel conditions have strengthened.

The Funding for lending scheme has certainly helped Banks and Building Societies channel cheaper funding towards Mortgages and also to the buy-to-let market place with some real eye watering deals currently available. That said, the conditions for first time buyers without large deposits is still fairly tough but there are lenders that will lend 90% of the purchase price and some that will go as high as 95% of the purchase price. As always the rates change on a daily basis and it is essential if you are considering taking out a mortgage that you talk with one of our Mortgage Advisors

The buy-to-let market remains strong with Investors keen to purchase property on Merseyside. Despite the increased supply of rented property, the continued strong demand from tenants is sustaining premium rental prices resulting in strong yields.

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'll get back to you.

Paul Lea
Chairman

Venmore's year of Charity!

Venmore News | BFL - News | Ball and Percival News

Bradshaw Farnham and Lea, part of the Venmore Group is celebrating the new year with a challenge, to commemorate 10 years in business by raising £10,000 for charity in 2013. More...

Top 5 Properties To Buy - Wirral

Wirral Properties

Looking to move, or maybe invest? Then take a look at out Top 5 properties currently for sale in our Wirral offices. More...

Top 5 Properties To Buy

Liverpool Properties

Looking to move, or maybe invest? Then take a look at our Top 5 properties currently for sale in our City Centre & Allerton Road offices. More...

Top 5 Properties to Buy

Looking to buy or invest? Why not have a look at 5 of the current properties for sale in our Southport Office? More...

Property Auction Update

Auction Market News | Auction Dates | Venmore News

Geoff Guest, director of Venmore Auctions updates us on the progression of auctions and why companies offering "quick cash" for properties is not an ideal solution... More...

Lettings Market Continues To Thrive!

Investment Property News | Venmore News

Darren Kay, head of residential lettings at Venmore provides us with an update on how the lettings market continues to thrive... More...

Meet A Member Of The Team Wirral

BFL - News

5 quick questions with Adam Hellon - Branch Manager Bebington & Bromborough. More...

Meet A Member Of The Team

Venmore News

5 quick questions with Maria Barrigan , our City Centre Business Development Director. More...

Meet a Member of the Team

Ball and Percival News

Get to know a member of our team here at Southport More...

Housing Market Commentary 2013: What To Expect?

Auction Market News | Market Updates | Venmore News | BFL - News | Ball and Percival News

What can we expect to see happen within the property market for the year ahead?... Rob Farnham, chief executive of The Venmore Group provides his predicition for 2013. More...

2013: The Year Ahead For Mortgages.

Market Updates | Investment Property News | Mortgage News | First Time Buyer Offers

Jane Neville of BFL mortgages provides a forecast on the mortgage market for 2013... More...

Landlords Questions and Answers: LEGISLATION UPDATE

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 the editor na.goodwin@venmores.co.uk and we will answer it within 24 hours and publish it in the next edition. Click read more to view this issue's Q&A. More...

Commerical Market: is the glass 1/2 full or 1/2 empty?

Market Updates | Commercial Sales

Malcolm Irving, Commercial Director at The Venmore Group reviews conditions of the commerical property market... More...

Other Newsletters:
Categories:

Blog

Blog