Sales news

New Foreign Properties

Homematch has a new holiday letting & foreign property for sale.

Take a look at our new properties on any of our headings.

ALL SALES @ 1% Commission NO UP FRONT FEES!

General news | Investments news | Sales news | Dec 13th 2011

Homematch will value your property for free
No upfront fees for advertising.
If we do not sell your property there is no charge.

FOREIGN MARKETS SHOWING SIGNS OF RECOVERY

Homematch is pleased to announce that there is a definate up turn in interest in Turkish Property. Many still available at discounted prices for the cash buyer although finanace can be arranged.

We are starting to showcase a few very good offers in our Foreign Property section.

Has Buy-To-Let brightened up?

The buy-to-let market has continued to develop throughout 2011 with a number of interesting trends, according to NLA Mortgages:

Number of buy-to-let products have increased
Average loan size continues to rise
Tracker products are favoured
Average rates have dropped
Highest rental yields are for students and terraced houses

Average rates have fallen during the second quarter of this year, which reflects the opinion in the City that any rise in the Bank of England Base Rate is not likely to happen until later this year, at the earliest.

Rental demands remain high in many parts of the country, which has increased rental income helping to deliver improved rental yields for landlords. The highest rental yields have been for students and terraced housing.

An increase in rents has enabled landlords to obtain higher loan-to-value (LTV) mortgages and finance for Houses in Multiple Occupation (HMOs).

As UK Plc remains fragile, the buy-to-let mortgage market has stabilised and there are some great deals currently available.

Local Housing Allowance & Nottingham City Council’s Housing Benefit Team

The Council's Housing Benefit Team has been extremely slow in processing claims. Claims are taking over 17 weeks to process. Recently there have a number of complaints made by landlords and tenants to the Ombudsman. This has resulted in the Housing Benefits Service as being seen as a failing service.....

Budget March 2011

Update by EMPO on the affects of the budget to landlords.

‘Article 4 Direction’ HMO’s may need planning to convert a C3 family dwelling to a C4 H

Nottingham City Council have just announced that it is proposing changes to planning rules relating to HMOs so that it will become necessary to obtain planning permission to convert a family dwelling (Use Class 3) to a HMO with between 3 and 6 unrelated people sharing (Use Class 4) throughout the whole of Nottingham City Council area.

It is proposed that the rule changes will take effect from March 2012 through the introduction of an ‘Article 4 Direction' that removes the right to convert a C3 family dwelling to a C4 HMO

Change in the threshold limit for Assured Shorthold Tenancy (AST) commencing on 1st October

There is a change in the threshold limit for Assured Shorthold Tenancy (AST) rents commencing on 1st October 2010. Previously, legislation associated with the Housing Act 1998 stated that all tenancies with an annual rent of over £25,000 could not be AST’s. These tenancies were agreed on a contractual basis and the tenancy terms were agreed by the landlord and the tenant and were not enshrined by statue.

Do Not Become the Victim of Property Fraud

Landlords are a common target for property fraud.

Summer property repair checklist ~ Stop small problems leading to big repair bills

General news | Investments news | Rentals news | Sales news | Jul 7th 2010

The summer months are a perfect time to schedule routine maintenance and carry out improvements to the outside of your property.

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Sales news

New Foreign Properties

ALL SALES @ 1% Commission NO UP FRONT FEES!

FOREIGN MARKETS SHOWING SIGNS OF RECOVERY

Has Buy-To-Let brightened up?

Local Housing Allowance & Nottingham City Council’s Housing Benefit Team

Budget March 2011

‘Article 4 Direction’ HMO’s may need planning to convert a C3 family dwelling to a C4 H

Change in the threshold limit for Assured Shorthold Tenancy (AST) commencing on 1st October

Do Not Become the Victim of Property Fraud

Summer property repair checklist ~ Stop small problems leading to big repair bills