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Property to Rent & For Sale
Moveplot is a property search established for advertising properties for sale & to rent across the UK. We provide maximum exposure to local property and also offer the majority of services that a traditional high street Estate or Letting Agents offer, but because we are online and don't have expensive high street branches to run we can offer our services at a fraction of the typical cost.
Find a property for sale or to rent, register for alerts with a myMoveplot account and become the first to see houses & flats on the market. Find your perfect property or add your property today.
Find out how we can help you sell or let your property. We also have Landlord services available such as full tenant referencing, tenancy agreements, rent guarantee insurance and many more.
New Immigration Rule For None Uk Residents 02/12/2012
Private landlords will be required to check the immigration status of new tenants under government proposals being launched in a consultation today.
The government also plans to introduce proportionate penalties for those who make a single honest mistake, and much heavier penalties, up to £3,000 per tenant, for rogue landlords who repeatedly and deliberately break the law.
Immigration Minister Mark Harper said:
There is no doubt that immigrants have helped make Britain a richer and stronger society, but we must be wary of uncontrolled immigration, which can cause a range of problems for the UK.
This is exactly why we want to introduce penalties for landlords who let property to those with no right to be here. We believe these proposals will hit rogue landlords where it hurts – their pockets.
At the same time, we do not want to disadvantage legitimate landlords and have devised a system which is effective, while light-touch. This will make it tough for illegal immigrants to rent property, but just as importantly, will allow the government to take tough action against rogue landlords who exploit vulnerable migrants.
Zobs our new Tenant Client at the NTS PLAZA
Lord Palmer criticises bedroom tax
Lord Palmer warns Parliament that the bedroom tax would lead to some people facing
unaffordable rent prices
The Government's so-called bedroom tax has come under fire from a leading Liberal Democrat in the House of Lords.
Lord Palmer of Childs Hill said the scheme may be acceptable on paper but would lead to some people facing unaffordable increases in their rent.
Under the Government's proposals, people in social housing will receive a cut in housing benefit where they are deemed to have spare bedrooms.
Lord Palmer highlighted the effect on someone living in the ward he represents on Barnet Council.
"One person who is in a two bedroom flat in a high rise block and because of the changes will have to pay an extra £14.50 per week from the beginning of April out of a very small amount of benefits they receive and this applies to people with low working wages as well," he said
UK property rental market flourishing, research suggests
The residential property rental market in the UK is flourishing with an additional 58,000 properties being marketed to rent in 2011 compared to the same period in 2010, new research reveals.
By contrast the number of properties for sale dropped by approximately 12,000 in 2011, the research from Experian also shows.
The volume of properties put up for rent increased every quarter in 2011 when compared to 2010 with the third quarter seeing the most significant increase of 14.46%.
A number of seasonal trends were prevalent in both the rental and resale markets with December the least popular time to market a property and the summer months the most common.
May was the busiest month for resale properties added to the market whilst August was most active for rentals, which could be attributed to students preparing for a new term at university.
For the year as a whole, the number of resale properties, some 769,077, taken to market exceeded those that were let out at 692,766. The exception to this was around the Christmas season which was the least popular time to sell a house.
London dominated the rental market with 20% of all UK rentals being based in the capital city. This dropped quite significantly when it came to houses for sale with London only accounting for 10% of appointments. The South West had the highest percentage of For Sale properties at 12.2%.
Wales and the West Midlands saw the biggest increase in houses to let with a 20% rise in numbers in 2011 compared to 2010. The West Midlands also highlighted its dynamic property market credentials by bucking the downward trend in the number of resale properties compared to 2010, with 12% more houses put on the market in 2011.
‘This insight shows that home owners may be using renting as a back up plan if they are unable to sell or alternatively some may still consider property a long term investment,’ said Jonathan Westley, managing director of consumer Information services at Experian UK and Ireland.
‘Being able to paint a picture of movers and get a unique insight into habits and trends is a valuable tool for companies from financial services to utilities and telcos. Moving house can be a catalyst for a consumer to switch to ensure they are getting the best deal from their suppliers. Knowing who these movers are enables organisations to keep in touch with them and maintain and develop relationships at a time when they are most receptive,’ he added.
UK house prices fell at their fastest annual pace in nearly three years in July, sliding 0.7pc, according to mortgage lender Nationwide.
The decline is much bigger than forecast by economists as the effects of nine months of recession spread further across the economy.
Prices are now 2.6pc lower than a year ago - their biggest annual fall since August 2009, said the Nationwide in its latest house price survey .
Britain's economy entered recession at the end of last year, and shrank a bigger-than-expected 0.7pc in the second quarter of 2012, as bad weather and an extra public holiday added to the effects of public spending cuts and the debt crisis in the euro zone.
"The weaker price trend observed in recent quarters is unsurprising, given the disappointing performance of the wider economy," said Nationwide's chief economist, Robert Gardner.
House prices and the rest of the economy were only likely to recover modestly in the coming quarters, as the eurozone crisis would limit gains from more Bank of England stimulus and a government programme aimed at increasing mortgage and business lending, Nationwide said.
Earlier this week, the Bank of England reported that mortgage approvals and lending - leading indicators for house prices - fell to an 18-month low in June.
British house prices are now 13pc below their 2007 peak, compared to a decline of more than 15pc in the US and nearly 25pc in Spain, Nationwide said.
Along with a lack of house building before the financial crisis, this resilience was probably also due to the relatively small rise in British unemployment since the financial crisis, Nationwide said.
Cardiff Fun Run 2012 May 20th
Property Trader is proud to say that we had sponsored the THE WELL FOUNDATION WALES in the Cardiff fun run for good causes .
UK landlords want to invest further in property, survey finds
|Tuesday, 06 March 2012
Landlords in the UK are so confident about the private rented property sector that three in five plan to expand their portfolios over the next six months, according to specialist mortgage broker Mortgages for Business.
The strength of the private rental market and the poor performance of property prices over the last year have given professional landlords and property investors the platform upon which to build their portfolio of properties, its inaugural quarterly Property Investor Survey shows.
While the majority of investors, 63%, will need to remortgage existing properties to fund their expansion, a similar proportion, 62%, believe lenders are not doing enough to support landlords and property investors.
One in five said that they feel that lenders should reduce their fees in order to support property investors. Some 18% believe lenders should increase LTVs and 15% feel that lenders should grow the number of case by case lending decisions rather than rely on computers and credit scores.
While four fifths, some 81%, of property investors intend on investing in vanilla buy to let property over the next six months, 22% plan on expanding their portfolios with Houses in Multiple Occupation (HMO) and 15% with Multi unit Freehold Blocks (MUFB), both of which provide higher average yields for investors.
Some 14% intend on investing in commercial or semi commercial property which also average higher yields than vanilla investments.
‘Although overall mortgage and lending to first time buyers is finally starting to increase, landlords remain confident about the future of the private rental market and plan to expand their portfolios over the coming months,’ said David Whittaker, managing director at Mortgages for Business.
‘However, more and more investors are exploring which options will give them the best returns on their investment. While vanilla buy to let properties remain popular, more complex deals are offering higher yields on average and are growing in popularity, particularly because of the shortage of housing stock currently on the market,’ he added.
As seen on SARAH BARRETT
What is a HMO?
HMO stands for House in Multiple Occupation, which means a building, or part of a building, such as a flat, that :
- is occupied by more than one household and where more than one household shares – or lacks – an amenity, such as a bathroom, toilet or cooking facilities
- is occupied by more than one household and which is a converted building – but not entirely self-contained flats (whether or not some amenities are shared or lacking)
- is converted self contained flats, but does not meet as a minimum standard the requirements of the 1991 Building Regulation, and at least one third of the flats are occupied under short tenancies.
The building is occupied by more than one household :
- as their only or main residence
- as a refuge for people escaping domestic violence
- by students during term time
- for other purposes prescribed by the government.
A household is:
- families (including single people, couples and same sex couples)
- other relationships, such as fostering, carers and domestic staff
- For more information please contact me on 01633 746100
Property Trader , whose regional head office is based at Newport in Gwent and has new Rental homes across Wales, has provided the team with brand new Kits and shirts for the 2010 / 2011 season
Nicky Rsahid , sales and marketing manager for Property Trader (Newport), comments: “We’re delighted to become the official sponsor for the Team K2 and wish the team the best of luck for the coming season.
K2 Chairman M Gunni
We’re over the moon about our sponsorship from Property Trader Nts Letting and Sales and the new shirts will really boost team spirit with the lads. As a small club .we rely on generous donations from local companies, like this one from Property Trader.
“The new kit is great; we definitely look like champions so now we’re ready to lift the cup if all goes well this season.
Today Charlene Elliotte the former tenant of Property Trader is celebrating after winning a appeal against Newport City council which refused planning permission for her pole-dancing fitness gym .
Helps Regenerate Commercial area
With the current Economic down turn in the Commercial Sector things are looking bleak but Property Trader (Nts letting and sales) have been successfull in Leasing many of the Commercial properties on Clarence place , Newport and have been able to secure long term clients for its landlords. So its on the up for Property Trader (nts letting and sales ) with a 100% success rate for its landlords on Clarence place it looks as that there are many people still looking to set up MSB .
Expert: Mortgage market will recover, but slowly
Uncertainty remains in the mortgage market for several reasons, with recovery set to be slow, according to one expert.
Timothy Lambert, head of consulting at property investment consultancy Ducalian, explained that mortgage lenders are obliged to provide more loans, but are being very careful.
"With a change of government likely within four months, lenders are also wary of fixed-rate mortgages as interest rates can only go one way and inflation is starting to rise fast," he continued.
Many people are also conscious of the possibility of a double-dip recession, Mr Lambert added, calling the mortgage market picture "artificial" because of these factors.
Mortgage lending will recover in time, but only when confidence returns to lenders, he concluded.
Figures from the Council of Mortgage Lenders show that gross lending fell to around £9.1 billion last month, a
decline of nearly a third on December's level of £13.4 billion
First time buyers are crucial to the housing market because without them there is very little upward pressure that enables people to move and the property market wheels to turn. The Government, through its sponsored HomeBuy schemes, and housebuilders independently are offering all manner of incentives and deals to entice first timers into the market. But where should you be looking
How Easy Is It For First Time Buyers To Get A Mortgage In 2009?
At the moment, it's trickier than ever. RICS reports that the gap between new buyer enquiries and the number of mortgage approvals is increasing. New buyer enquiries, according to the November 2008 RICS housing market survey, are at their best level since October 2006, whilst the Bank of England's mortgage approvals data in the same month sank to its lowest point on record.
A lack of liquidity in the global economy is creating the bottleneck - and is also creating a lack of consumer confidence. The term broadly means banks are not prepared to lend money very willingly, which in turn means first time buyers cannot easily obtain mortgages. The effect is a stagnant housing market, where no one can borrow and house prices atrophy.
Will The Situation Change Soon?
The Government is attempting to encourage greater lending, and in January 2009 provided the Bank of England with a £50billion fund to buy assets from private sector companies. In addition, A new insurance scheme has been set up which means the banks can effectively take out an insurance policy with the Government that will pay out if borrowers default on their loans.
Commenting on the government's bank guarantee package to stimulate lending Michael O'Flynn, Content Editor for FindaProperty.com, says, 'This new raft of proposals from the government is very welcome news and should allow lenders to make more money available to house buyers.'
'The insurance side of the plan offers lenders protection against future losses, which should free up lenders to commit more money to customers. Significantly, access to the scheme comes with a commitment to support lending to creditworthy borrowers.'
'The plan to guarantee mortgage-backed securities should also give lenders easier access to funding on the wholesale markets. This should boost lending for house purchases - currently at an all-time low - which in turn should boost market activity and help to put a floor under house prices.'
'However, it remains to be seen whether this action will provide the "shot in the arm" needed to get the housing market moving. The effect very much depends on who, how and in what conditions the banks that take up the scheme pass on the finance to borrowers. If these measures have little impact on relaxing lending criteria, then as far as homeowners are concerned, we're back at "square one".'
How Can First Time Buyers Go About Securing Lending?
The current economic and housing market volatility makes reporting on bank (interest) rates an exercise in obsolescence – no sooner have we reported on the latest lending rates and deposit required, for example, then the banks amend them.
It’s not even wise to suggest you might be better fixing a mortgage rate or going for a tracker because who on earth could have predicted the last year’s economic events? And do even senior analysts truly know what is likely to happen next? In truth, and off the record, the answer is no.
The best course of action? To seek free advice from an independent financial advisor, and ideally more than one to get a good idea of what's out there.
According to Alexander Associates Group (AAG), mortgage debts could be reduced if they are taken out in a foreign currency.
AAG, the financial management firm, recommends that overseas property investors should consider multi-currency mortgages if they want to avoid the harmful effects of exchange rate variations.
David Alexander, AAG’s CEO, said you would hope over a period of 25 years that you would clear your whole mortgage if you’re managing it via a multi-currency mortgage.
Mr Alexander added that this method is just like any other type of fund, it is a currency fund and you need a currency manager to move it from one currency to another, to where he perceives the likelihood of sterling strengthening against the other currency.
The group added that multi-currency deals can slash mortgage debt by approximately 5% per annum. However, the group advised that, as is the case with the majority of investments, such deals are considered in the longer-term rather than the short-term