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News Archive - November 2007

Landlords benefit from high demand

Buy-to-let property investors are benefiting from increased demand for their properties.It comes as house prices rise and interest rates remain high, ...
Published: 30/11/2007

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Brits fear economic troubles ahead

A third of all Britons are concerned about the economic situation in the country and many are putting major purchases such as buying a home on hold.Fi...
Published: 30/11/2007

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Hips to help FTBs

The introduction of Home information packs (Hips) should benefit first time buyers (FTBs).That is according to Hip provider Hiphiphooray.com, which sa...
Published: 30/11/2007

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Borrowers want security of fixed-rates

A large number of homeowners would switch to a fixed-rate mortgage deal if they had to swap.Research by Abbey shows that one-in-three borrowers would ...
Published: 29/11/2007

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FTBs struggle to save and buy

It is more difficult now than ever before for first time buyers (FTBs) to save for a pension because it is so expensive to get a foot on the property ...
Published: 29/11/2007

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Property prices down in November

House prices fell in November, according to the latest figures from Nationwide.The firm's latest house price index shows that prices fell by 0.8 per c...
Published: 29/11/2007

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FTBs forced to buy elsewhere

Some first time buyers (FTBs) are being forced to live in areas they do not want to be in due to rising house prices.Website PricedOut says that house...
Published: 28/11/2007

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Price growth to reach 3.5%

House price growth may reach 3.5 per cent in the new year, according to the County Homesearch Company (CHC).In addition, the firm anticipates that the...
Published: 28/11/2007

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Slight house price rises in October

House prices across England and Wales increased by 0.1 per cent in October.That is according to the latest Land Registry House Price Index, which puts...
Published: 28/11/2007

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Buy-to-let remains popular

Buy-to-let investors will continue to enter the market and will see profits if they purchase in the right areas.That is according to Imagine Homes, wh...
Published: 27/11/2007

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FTBs hit by London unaffordability

First time buyers (FTBs) are struggling to get onto the property ladder in London as prices have increased well above the average wage.The London Hous...
Published: 27/11/2007

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Landlords prepare for EPC deadline

Buy-to-let property investors are working hard to ensure that they are prepared for October 1st 2008, when the rules change regarding Energy Performan...
Published: 27/11/2007

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Housing market 'will stabilise'

The housing market will settle rather than see rapid growth over the course of the coming year, according to a property expert.David Bexon, managing d...
Published: 27/11/2007

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0.2% drop in house prices

House prices fell in November, according to the latest figures from Hometrack.The firm has revealed that prices slumped by 0.2 per cent month-on-month...
Published: 26/11/2007

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Base rate cut expected by Brits

An increasing number of Britons now believe that the base rate of interest will soon be cut.The latest Lloyds TSB Consumer Barometer shows that confid...
Published: 26/11/2007

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FTBs struggle to find a mortgage

First time buyers (FTBs) are finding it more difficult to get an adverse credit mortgage but things may be about to pick up for them.Following the glo...
Published: 26/11/2007

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Rental demand rises

Buy-to-let property investors are benefiting from huge demand for rented accommodation.That is according to the Association of Residential Lettings Ag...
Published: 26/11/2007

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Economy slowdown to bring inflation back to target

Analysts are expecting a slowing economy to bring the UK's inflation rate back towards the government target of two per cent. A poll carried out by Re...
Published: 23/11/2007

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Hips 'add to FTB affordability woes'

The introduction of home information packs (Hips) across the entire property market will make it more difficult for first-time buyers to get on the pr...
Published: 23/11/2007

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Hips 'add to FTB affordability woes'

The introduction of home information packs (Hips) across the entire property market will make it more difficult for first-time buyers to get on the pr...
Published: 23/11/2007

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Bank hints at another rate hold

The Bank of England has hinted that next month's monetary policy committee (MPC) meeting could see interest rates remain at 5.75 per cent.This month, ...
Published: 23/11/2007

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Govt to speed up home building

The government has announced plans to speed up the delivery of new greener, affordable homes for first time buyers and families.It follows the publica...
Published: 22/11/2007

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Market will benefit as Hips are expanded

From December 14th anyone wishing to sell a home in England and Wales will need to pay for a Home information pack (Hip).It has been announced today t...
Published: 22/11/2007

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Base rate to be cut 3 times in new year

The base rate of interest will be cut at least three times in 2008, according to one expert.Global Insight economist Howard Archer believes that the B...
Published: 21/11/2007

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FTBs priced out of the market

Many first time buyers (FTBs) are being priced out of the UK housing market, according to new research from Endsleigh.The firm has published a study w...
Published: 21/11/2007

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Landlords still stand to make a profit

Serious buy-to-let property investors are still able to make money out of the market.That is according to the Building Societies' Association (BSA), w...
Published: 21/11/2007

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CML: 'Mortgage lending up'

Gross mortgage lending increased in October, spelling good news for the mortgage market.The Council of Mortgage Lenders (CML) says that lending reache...
Published: 20/11/2007

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FTBs forced to look elsewhere

First time buyers (FTBs) are being forced to consider going to great lengths in order to get onto the property ladder.Research by Abbey Mortgages show...
Published: 20/11/2007

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Prices rise in October

Property prices continued to rise in October, according to the latest figures from Assetz.The firm has published its "definitive" House Pric...
Published: 20/11/2007

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Affordability up for FTBs

Affordability for first time buyers (FTBs) has increased in November, according to the latest house price index.Rightmove has revealed that property p...
Published: 19/11/2007

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It is a buyers market

The current UK housing market is geared towards first-time buyers (FTBs), according to Firstrung.The firm says that FTBs are in a strong position and ...
Published: 19/11/2007

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Landlords unaware of digital responsibility

Less than a third of landlords are aware of the action they need to take as part of the digital television switch over.That is according to the Nation...
Published: 19/11/2007

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Landlords warned over tenancy agreements

Buy-to-let property investors have been reminded that they must ensure a tenancy agreement is signed before tenants move into their property.AA Financ...
Published: 16/11/2007

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More people moving at Christmas

Around 22 per cent of homebuyers get the keys to their new property in the 12 weeks leading to Christmas.That is according to new research from Allian...
Published: 16/11/2007

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Scottish prices rise impressively

The Scottish housing market is booming, according to the latest figures.Lloyds TSB Scotland says that house prices across the country increased by 3.6...
Published: 16/11/2007

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Ahipp wants full Hips rollout

The Association of Home Information Pack Providers (Ahipp) is calling upon the government to announce a full rollout of Home information packs (Hips)....
Published: 15/11/2007

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Buyers better off than tenants

Homebuyers are better off financially than tenants over a 25-year period.That is according to new research by Abbey, which shows that the average home...
Published: 15/11/2007

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FTBs to benefit from turmoil

First-time buyers (FTBs) are actually set to benefit from the recent turmoil in the financial markets.That is according to 1st Property Investment, wh...
Published: 15/11/2007

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Inflation figure catches analysts off guard

Many economists have been shocked to learn that consumer prices index (CPI) annual inflation increased in October.The figure was recorded as 2.1 per c...
Published: 14/11/2007

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Market will not crash

The Royal Institution of Chartered Surveyors (Rics) says that the UK housing market is slowing down but will not crash.It has published its housing ma...
Published: 14/11/2007

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Mortgage lending rises annually

Gross lending increased annually in September, according to new figures from the Council of Mortgage Lenders (CML).According to the organisation, lend...
Published: 14/11/2007

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Concern over Hips effect

There are concerns that Home information packs (Hips) could have a detrimental effect on the UK buy-to-let market.The Residential Landlords' Associati...
Published: 13/11/2007

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House price inflation hits 0.3%

The Department of Communities and Local Government (DCLG) has revealed that UK house prices increased by 0.3 per cent in September.In the department's...
Published: 13/11/2007

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Lender wants HMO licence overhaul

There are growing calls for a compete overhaul of the Houses in Multiple Occupancy (HMO) licensing scheme.Heritable Bank says that the current system ...
Published: 13/11/2007

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Buyers turn to commuter towns

Homebuyers in the UK are increasingly buying properties in commuter towns just outside of London.That is according to the National Housing Federation ...
Published: 12/11/2007

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Downsizing can help FTBs to buy

Parents are increasingly turning to the equity released when they downsize their property in order to help their children to buy a home.That is accord...
Published: 12/11/2007

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Tax changes do not please FTBs

British homeowners and first time buyers (FTBs) are unhappy with the recent tax changes announced in the pre-budget report.That is according to a HotP...
Published: 12/11/2007

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Landlords in London boost

Rising house prices in London are having a positive effect on buy-to-let property investors in the city.That is according to the National Landlords' A...
Published: 09/11/2007

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Interest rates held at 5.75 per cent

The base rate of interest has been maintained for the fourth consecutive month.Members of the Bank of England's Monetary Policy Committee (MPC) met to...
Published: 08/11/2007

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Prices down but market remains strong

House prices fell in October, spelling good news for first time buyers (FTBs).The Halifax House Price Index for October shows that prices fell by 0.5 ...
Published: 08/11/2007

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Landlords have expansion plans

A large number of UK landlords intend to expand their portfolios in the next five years.That is according to the National Landlords' Association (NLA)...
Published: 07/11/2007

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Borrowers missing out on large savings

Many mortgage borrowers in the UK are missing out on huge savings by failing to switch mortgage lender.That is according to new research from mform, w...
Published: 07/11/2007

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Landlords could benefit from credit crunch

Buy-to-let property investors may see the biggest benefits from global credit crunch.That is according to Moneygate, which says that more people are h...
Published: 07/11/2007

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New plan to help FTBs

A new scheme is being launched by the government in a bid to help first time buyers (FTBs) onto the property ladder.The Department of Communities and ...
Published: 05/11/2007

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New builds do not inherently lose value

New build properties are no more likely to lose value than other types of house.The Home Builders Federation (HBF) says that new builds are capable of...
Published: 05/11/2007

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MPC may cut rates in December

The Bank of England's Monetary Policy Committee (MPC) may announce a cut to the base rate of interest in December.That is according to Royal London As...
Published: 05/11/2007

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FTBs not avoiding the market

First time buyers (FTBs) are continuing to enter the property market despite talk of a downturn.That is according to the Fair Investment Company (FIC)...
Published: 02/11/2007

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Huge price growth in Armagh

Armagh is the UK city which has seen the strongest house price growth in the last five years.According to research by Halifax Estate Agents, the North...
Published: 02/11/2007

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Property investment opportunities still good

Investing in UK property remains a "very viable option" as the market is supported by two key factors.That is according to Inside Track, whi...
Published: 01/11/2007

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US crash will not happen in the UK

Homeowners in the UK will be spared a property price crash like the one seen in the US.Following the collapse of the sub-prime market in the States, t...
Published: 01/11/2007

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Shop around for best mortgage deal

First time buyers (FTBs) are being advised to shop around for the best mortgage deal following the publication of research by Moneyfacts.The firm has ...
Published: 01/11/2007

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LIMA Financial Services LTD have access to the following lenders and Insurers

Residential Lending:

Abbey GMAC Preferred
Accord Halifax Principality
Advantage Infinity Mortgages Progressive
Alliance & Leicester Intelligent Finance Royal Bank of Scotland
Bank of Scotland Kensington Scottish Widows
Bank of Ireland Leeds Skipton
Birmingham Midshires Lloyds TSB SPML
Bristol & West Mortgage Express Standard Life Bank
Buildloan Mortgages Plc The Mortgage Works
Capital Home Loans Mortgage Trust TMB
Chelsea Nationwide The Mortgage Business
Cheltenham & Gloucester Natwest The One Account
Coventry Northern Rock UCB Homeloans
Dunfermline Norwich & Peterborough Ulster Bank
Edeus Paragon West Bromwich
First Active Platform Woolwich
First Trust Portman  

Lenders accessible through The Packagers:

Amber Future Money Partners
Beacon High Street Homeloans Rooftop
DB Mortgages I Group Scarborough
First National London & Scottish Swift
Freedom Lending London Mortgage Co Unity and Victoria Mortgages

Commercial Lenders:

BOI Heritable Northern Rock
BOS Interbay RBS
Chase UK Natwest TBMC
Fiducia

Overseas Property:

Blevins Franks Conti Financial Services Fidentia Group

Life Insurance Providers:

Axa Friends Provident
Bupa Health-on-line and Standard Life

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