Welcome to Quick House Sale Scotland
Quick Sale Property Experts
As you know, house prices rise and fall regularly, so when selling your home you must make sure it is the right time to do it. Unless you are desperate to sell your home as quickly as possible, then it is best to wait until a time when you are likely to get what you are asking for your property. Of course Soldquickly are availabale to help anyone who is trying to get a quick house sale for whatever reason.
This article explains a little about the recent house price rise and drop.
To read the full article, click the link below http://www.theguardian.com/money/2014/oct/30/house-price-growth-slowing-october-rise-nationwide
House price growth rate slowing despite October rise, says Nationwide
Britain’s biggest building society has added to the evidence of a slowdown in the housing market by reporting only a modest rise in prices this month.
Nationwide said prices rose 0.5% in October, following a fall of 0.1% in September, bringing the average property price to £189,333. It is the fifth month that the average price has hovered around the £190,000 mark after a summer of modest rises and September’s fall.
Overall, the annual rate of house price growth slowed to 9% in October from 9.4% in September, said Nationwide, leading the building society to reiterate its opinion that the housing market has lost momentum.
Property Auctions Scotland
“The number of mortgages approved for house purchase in September was almost 20% below the level prevailing at the start of the year,” said Robert Gardner, Nationwide’s chief economist. “Some forward-looking indicators, such as new buyer inquiries, suggest that activity may soften further in the near term, especially in London Property Auctions.”
Nationwide’s figures are based on mortgages approved by the society during the month and are the first indications of prices agree by buyers and sellers in October. Land Registry figures published on Tuesday showed that prices on completed sales were down by 0.2% in September, and that seven in 10 regions of England and Wales had seen a drop.
Gardner added that low mortgage interest rates had helped to keep housing affordable for more people. “Even though house prices are at an all-time high, the cost of servicing a typical mortgage is still close to the long term average as a share of take-home pay,” he said.
Despite the abundance of cheap deals and property auctions London, the Bank of England said on Wednesday the number of mortgage approvals made to home buyers fell to a 14-month low in September, a larger than expected drop.
Howard Archer, the chief economist at IHS Global Insight, said that the Nationwide data, combined with the Bank of England mortgage approval figures and recent surveys from the Royal Institute of Chartered Surveyors and Hometrack, all pointed to “an appreciable moderation in housing market activity” since the start of the year.
There are schemes available for first time buyers, to help get you onto the property ladder. It can be helpful to some people but as with everything, its not for everyone. These schemes can offer help with mortgages and deposits etc. For an idea on how these schemes can help and who is entitled, we have found this articles which explains a bit about how they work. To read the full article, see here: http://www.telegraph.co.uk/property/propertynews/11260143/How-Help-to-Buy-is-actually-helping-some-of-us-in-charts.html
How Help to Buy is actually helping some of us
Depending on who you speak to, the second phase of Help to Buy has been a lifeline for individuals who want to get on the property ladder or a scheme that comes at great cost to the taxpayer and drives up the price of properties in the UK.
The scheme, intended to increase first-time buyers, is one in which the Government offers guarantees for high loan-to-value mortgages.
The hope is that those with a small amount can purchase a mortgage with a small deposit and get that all-important first foot in the proverbial door. In fact, more than 23,000 out of 30,269 completed mortgages were made by first time buyers compared to 6,451 non-first time buyers.
The second phase meant mortgages could be bought on new-build and existing homes, as opposed to just the former in the first phase, worth £600,000.
But where in the UK has it been taken up the most? And what is the household income of the individuals using the scheme earn?
Data answering those questions was published by the Treasury on Friday.
So first, how many homes and at what value?
According to the data, more than 30,000 mortgages were completed with the support of the scheme, three quarters of which were properties for first time buyers. The overall value of loans the Government has supported is £4.5bn but the Treasury said “no claims on the guarantee have yet been made” – but it is early days for the scheme.
Between October 2013 and September 2014, more than 40pc of the mortgages supported were below £125,000. The chart below shows how many homes were supported in each price band.
Make selling your home easier by making you house marketing effective.
Want to sell yourself? Sounds simple enough especially when you read stories Herald http://www.heraldscotland.com/news/home-news/scottish-house-prices-at-the-highest-level-ever-recorded.25715163
However selling your home must me a one person marketing operation, a home must be organized and efficient! Enjoy the various windows to promote your home: newspapers and specialized magazines, ads, and especially websites. More and more people search online for their future home, buyers like to see and compare before moving. It is therefore recommended to make available a maximum of photos that show your property at its best!
One tip – Clean from top to bottom
Every owner should conduct a full cleaning his house or apartment before opening the door to the visitors. Windows, carpets, walls, ceilings, seals around the bath and sinks … your whole property must be free of dust, dirt and odours. Remember that first impressions have a considerable impact on the perception that a potential buyer retains his visit.
Maximize the value of his property
To create a warm and inviting atmosphere, follow the golden rules of home staging, a development strategy that has proven itself. Depersonalize and purify your decor, harmonize and refresh your interior, repair apparent defects and bet on a sober and relaxing lighting. You could of course forgo this by simply selling your home to a fast house sales type company – these companies specialise in making offers – usually at a discount to market value on properties.
Some owners tend to minimize or silence the problems encountered with their property. The slogan transparency. Water infiltration occurred last spring? Even if you have repaired the damage, mention the incident in your statement. So you can avoid potential litigation. If you have any doubt about the condition of your home, have it inspected before putting it up for sale. Or again look at using a quick sale company – who will make a fast buying decision on your home if you are looking to sell your house fast in Scotland – you will need to be aware of differences in conveyancing process.
Go Logic is a Quick House Sale Scotland company who have just launched a property buying service which helps homeowners if you require a quick house sale in Scotland. They provide a no fee service which helps give the opportunity to achieve a fast house sale in a short space of time but still being able to get the best market price for your property.
So the help to buy schemes can help get your foot in the door but there is still a lot of hard work and thinking involved. And as the scheme is not for everyone…..you may need to find another way onto the property ladder. If you are not a first time buyer and need help with a fast house sale to help you on your way to a new property, then there is help available to do so.