Latest Sale: Meltham, Huddersfieldauctionmove.co.uk achieve yet another sale by way of an online property auction. A studio apartment in Meltham, Huddersfield becomes the latest property to sell.
Latest sale: Wigan Road, BoltonA fantastic housing development opportunity located in the Wigan Road area of Bolton is the latest to be sold at online property auction.
Latest sale: Rosamond Street, BoltonA fantastic three bedroom mid terraced property located in the Rosamond Street area of Bolton has become the latest property to be sold at online property auction.
Latest sale: Land site in BoltonA fantastic land site opportunity located in the Victoria Grove area of Bolton is the latest to be sold at online property auction.
Amazing fully furnished, three bed property now availableA recently renovated three-bedroom property on Worsley Road North, Bolton, is now available for online property auction, with a current guide price of £80,000.
One of the country’s biggest mortgage lenders, Nationwide, has said that house prices may again dip in 2011 and 2012, banishing hopes of a revival within the industry.
Despite recent suggestions that the property market looks set to improve, Nationwide has predicted that this year will see little or no growth.
Although Halifax recorded figures of a 0.6% rise in property values last month, Nationwide reported an increase of 1.2% and has said that it expects that house-price inflation will exceed 10% next month. Despite this figure, however, it predicts that this figure will plummet as unemployment grows and interest rates rise next year.
With lower mortgage rates being recorded, home owners are being encouraged to take advantage of what is being hailed as a “remortgage window”.
Nationwide cut the deposit it required for remortgage customers from 40% to 30% last week, cutting the cost of a two-year fix by 0.81 percentage points for a 30% deposit.
Other mortgage lenders, including HSBC and ING are expected to follow suit.
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Property industry to face another credit crunch?The property industry could be set to endure a second credit crunch which would result in more price dips, according to the latest figures.
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House prices could remain low over next two yearsOne of the country’s biggest mortgage lenders, Nationwide, has said that house prices may again dip in 2011 and 2012, banishing hopes of a revival within the industry.
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