BGN Entrepreneur

According to the result of latest survey by Royal Institute of Chartered Surveyors, it is revealed that with the real estate agnecies facing the quietest period for sales ever since June 2009, the property market went on to stutter in July. In the report, it has been revealed that although 5% more participants surveyed report [...]

According to official mortgage figures from the Council of Mortgage Lenders, it is revealed that the depressed housing market continues to struggle to pick up. With mortgages for home purchase increasing by just 700 from April to May, the housing market stays stuck in the doldrums with the traditional spring bounce failing to lift property [...]

The stagnation in the housing market was underlined by lending figures from the Bank of England, which indicated a drop of 60% in mortgage lending. According to the Bank of England, it is revealed that the net lending, which strips out redemptions and repayments, totalled to £374m during March.
However, there was a further slight pick-up [...]

Nowadays, nurses, teachers, police officers, firefighters and paramedics, are able afford to buy a house in 38% of towns, compared with just 3% in the autumn of 2007. However, the affordability of property is still significantly worse than it was ten years ago, when public sector workers could afford to buy a perperty in 64% [...]

The first green shoots seem to be emerging in the property market as house-hunters continue to return to the market. According to a recent research, it is shown that four potential buyers were chasing every home on sale during may.
Estate agents had an average of 299 house-hunters on their books last month, which is the [...]

The situation in the property market is improving these days. According to figures from Halifax, average prices for homes rose by 2.6% in May, the biggest rise ever since October 2002. The annual rate of decline in house prices on the Halifax figures eased to 13.6%, from 17.7% in April. May’s rise comes after a [...]

Figure shows that the number of mortgage fraud had grown vastly as the financial downturn unfolded. Crooked mortage deals running to more than 1 billion poiund are being investigated by police fraud squads.
Buy-to-let fraud typically involves a syndicate of property professionals collaborating to inflate the value of properties that are then bought for less than [...]