Your virtual property dealer, advertising bespoke, discounted and incentive-based properties on behalf of developers throughout the UK
call us on 0800 062 0988
Your virtual property dealer, advertising bespoke, discounted and incentive-based properties on behalf of developers throughout the UK
call us on 0800 062 0988
In the current climate many developers are finding it difficult to turnover their stock and sell their properties even though there is still a high demand for properties. Simply Properties was established as a property hub to provide developers with an opportunity to market their properties and to make property deals more accessible to the general public. Simply Properties is your virtual property dealer, advertising bespoke, discounted and incentive-based properties on behalf of developers throughout the UK.
Some properties are being sold with built-in incentives:Others are Below Market Value, Short/Long Term Investment or Joint Ventures. Please have a look at the properties that we are marketing for developers. Our stock is constantly changing so to ensure that you are kept up to date with all the new property deals as they become available, make sure you register with us
Should you require finance to purchase any of the properties on the site, please let us know and we can provide you with a list of brokers to contact.
2009 is going to present unprecedented opportunities to buy undervalue properties that generate significant yields. Whether you are a first-time buyer or an investor there has never been a better time to buy property.
Those investors who are prepared to dig beneath the surface of doom and gloom tales are finding that there has never been a better time to buy. We are sourcing deals at levels of discount which were unthinkable even six months ago and those investors, new or experienced, who manage to keep a level head in these turbulent times are finding that there are some truly remarkable deals out there to take advantage of.
The UK average price is now £160,327, close to the level in August 2004 (£159,799). Martin Ellis, Halifax housing economist, said: "Whilst market activity remains at very low levels, there are some tentative signs that activity may be beginning to stabilize. The house price to earnings ratio - a key measure of housing affordability - has fallen to its lowest level for six years". This news was backed up by The UK house price index (HPI) statistics which found first-time buyers were paying 15.4 per cent less for a property than in January 2008. The average house price recorded in January 2009 stands at £195,724.
More people than ever believe now is a good time to buy a home. A survey conducted by the Building Societies Association (BSA) found 54 per cent of people believe now is a good time to buy property in the UK. That percentage has grown steadily for months - it is up from 46 per cent in December and from 27 per cent last June. The Royal Institute of Chartered Surveyors (RICS) remarked that interest in London was at a high not seen for more than two years. As house prices fall, those with finance are looking to pick-up up bargains.
According to the most recent report from the Council of Mortgage Lenders, house purchase lending in February increased by 4%. And there was good news for first time-buyers with a 7% increase on mortgages. This coupled with a rise in mortgage approvals for the third month in a row by the major banks means there is a silver lining. With the Bank of England base rate currently standing at 0.5% mortgage repayments, for many, have become much cheaper.
Many buy-to-let borrowers will now be benefiting from significantly lower mortgage costs than when they first took out their loan. With tenant demand remaining strong in most areas, many landlords will therefore be experiencing an improvement in their net income. With interest rates at an all time low of 0.5%, and the rental yield of letting out a flat or house on average between 4%-5% across the UK, many savers see the buy to let market as a way to increase returns on investment. Bricks and mortar are a safer bet than stocks and shares, especially if you are looking to commit for the long term and not looking for quick return on your capital. However, as with all property purchases, it is advisable to conduct extensive research the on the area to ensure you achieve the best possible return on your investment.
