http://www.investalist.co.uk/cheap-property-news/ Latest Property News from Investalist Property Investments http://www.investalist.co.uk/cheap-property-news/?id=2466 A growing supply of property in the buy-to-let sector has pushed down monthly property rents for the second consecutive month. In January, the average rent in England and Wales dropped 0.3 per cent to £682 per month, data from LSL Property Services' monthly buy-to-let index has shown. The average yield fell slightly to 4.9 per cent in January, as rents declined at a faster pace than rental property values. David Brown, estate agency managing director of LSL Property Services, claimed the "recent loosening" in the buy-to-let mortgage market has boosted the supply of rental homes on the market, a crucial factor in the temporary drop in rents. In the last quarter of 2010, the number of buy-to-let loans leapt by seven per cent according to the Council of Mortgage Lenders (CML). Despite the slight decrease in rents, they are still four per cent higher than a year ago and are showing signs of renewed growth in several areas of the country including the Midlands. www.investalist.co.uk http://www.investalist.co.uk/cheap-property-news/?id=2466 Sun, 20 Feb 2011 12:00:00 GMT http://www.investalist.co.uk/cheap-property-news/?id=2467 The average home is up to 20% overvalued and 2011 could bring prices crashing back to earth Homeowners should brace themselves for a "short, sharp shock", with house prices set to fall by up to 20% over the next two years as rising unemployment and public spending cuts take their toll, experts are warning. The cost of the average home fell by up to one-fifth between mid-2008 and the end of 2009 as the credit crunch gripped the mortgage market, but then regained about half of that ground last year, aided by record low interest rates. With the Bank of England's policymakers locked in an acrimonious public row about whether rates should start rising again to choke off inflation, analysts say prices now look too high to be sustainable. "Prices are trending slowly downwards at the moment, but our view is that this is really the start of the second leg of the correction, and we expect prices to fall significantly further," said Paul Diggle, property economist at consultancy Capital Economics. He calculates that the average home remains up to 20% overvalued by historical standards – and with the mortgage market still tight and unemployment rising, 2011 could bring prices crashing back to earth. Andrew Brigden, of financial research group Fathom, agrees that homeowners can expect a rough ride. Fathom reckons house prices are 20%, perhaps even 30%, too high relative to average wages. "I think the correction will come at some point, even if interest rates stay where they are, but if rates go up, that will hasten it," he said. www.investalist.co.uk http://www.investalist.co.uk/cheap-property-news/?id=2467 Sun, 20 Feb 2011 12:00:00 GMT http://www.investalist.co.uk/cheap-property-news/?id=288 THE mad price rises for cheap property in Wales may be slowing, the latest figures suggest. Prices in South Wales rose by a tiny 0.1% this month, while there was no change at all in North Wales, according to the latest figures from housing information service Hometrack. However, in Mid Wales, the price growth continues, with a healthy rise of 0.6%. The average price of a cheap property in the area now stands at £140,600. A cheap property in South Wales will currently cost an average of £127,000, with houses in the north of the nation costing £119,300. Recent research by Halifax highlighted strong demand in seaside towns. http://www.investalist.co.uk/cheap-property-news/?id=288 Wed, 30 Aug 2006 12:00:00 GMT http://www.investalist.co.uk/cheap-property-news/?id=457 This is a perfect opportunity for serious property investors looking for high capital growth and a guaranteed rental return. Latest reports indicate that South Australia is riding on a crest of a wave and enjoying an economic boom. So, there is no better time to consider investing in, or moving to the "go ahead" State in Australia" Simply click our "Search Overseas" button to find details of an interesting investment opportunity. Guaranteed Rental Return for 3 years! Automatic Annual Rent. Huge potential for capital growth. Fixed price management. 80% finance available. Average capital growth of 20% per annum over the last five years. http://www.investalist.co.uk/cheap-property-news/?id=457 Thu, 12 Oct 2006 12:00:00 GMT