BGN Entrepreneur

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 [...]

Auctions are a great way to buy property competitively. However, there is more to do than just turning up and landing yourself a bargain.
Do…
1. Familiarise yourself with the process. Attend a couple of auctions without bidding, to see how it’s done.
2. Research. Information on a property will be provided by the auction house three to [...]

Figures have shown that the house prices have fallen for the 16th month in a row during January, losing a further 1% of their value.
According to housing intelligence group Hometrack, the average property price in England and Wales has dropeed by 9.4% during the past 12 monthsto stand at 158300 pound. But there is evidence [...]

The impact of recession goes on in the new year of 2009. Latest data from UK’s leading building society shows the sharpest annual in housing market ever since records began in early 1990s.
As the house prices have droped by nearly 16% in the past year, hundreds of thousands of homeowners have been plunged into negative [...]

Due to the negative effect brought forwards by the long-lasting credit crunch, the entire mortgage market is hitting its lowest point in decades. Many real estate companies have suffered from great loss during this period. And large number of small agencies have gone out of business in the time of recession.
However, the market situation has [...]