News archive - September 2010

Mortgage approvals lowest in a decade

September 25, 2010

The number of people being granted a mortgage has dropped to 45,000 - the lowest level this year, Clear Property Investment has learned.

The figure is down 2,000 on the previous month of July. Prior to the recession around 90,000 people were being approved for a mortgage every month, according to the Bank of England.

Are UK Banking Regulations too tight?

September 25, 2010

Clear Property Investment is aware that banking has undergone one of the biggest changes in decades. The economy has already suffered the resultant turmoil while the public are currently gearing themselves up for public sector cuts.

Cost of Living increases - but not pay packets

September 18, 2010

Life continues to look bleak for many individuals and families in the UK with new figures revealing the cost of living is increasing quicker than earnings, Clear Property Investment has learned.

House prices in Scotland stable

September 18, 2010

House prices in Scotland remain stable, while falling in the rest of the UK, Clear Property Investment learned earlier this week.

Construction companies more optimistic

September 10, 2010

A leading figure in the construction industry warned tightened controls on mortgages were damaging the housing market, Clear Property Investment has learned.

Location is all in mortgage deals

September 10, 2010

Whether or not you get a mortgage can depend on where you intend to purchase, Clear Property Investment has found.

Tenant demand for property is growing

September 04, 2010

Staff at Clear Property Investment this week confirm their statistics are in line with a national trend which shows tenant demand for property continues to increase.

The latest report from the Royal Institution of Chartered Surveyors (RICS) predict the figures - which show an increase for the second consecutive quarter - will push rents up.

Prime property prices plunging

September 04, 2010

The value of upmarket property is falling new figures available to Clear Property Investment, reveal.

Property near the top end of the market is not selling as well as in previous months while values for the top 10 per cent of properties have plunged by 0.4 per cent.

The figures, by portal Primelocation, is evidence that more top-end properties are available for sale. Areas hardest hit include London and the South West of England. And commuting is a big factor.