Monday, April 29, 2013

Guaranteed Rent Scheme | U.K. House Prices Reach Five-Year High as London Lead Widens

Guaranteed Rent Scheme | U.K. House Prices Reach Five-Year High as London Lead Widens
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Unlike other schemes for guaranted rent , we also guarantee you a no void period and we also provide our property management services to you completely free of charge. With our rent guarantee scheme there are no commission fees, no admin fees and no management fees to pay. Guaranteed Rent Scheme London’s property market powered a seventh month of increases in U.K. house prices in March as values reached a five-year high, according to Acadametrics Ltd. The average cost of a home in England and Wales rose 0.2 percent on the month to reach 230,078 pounds ($354,000), Acadametrics and LSL Property Services Plc (LSL) said in a monthly report published in London today. Excluding the capital, prices fell 0.1 percent on the month.Guaranteed Rent Scheme The Bank of England introduced a program to boost lending last summer, and today’s report signals that access to mortgages may be easing. It also adds to evidence of the regional disparity in the U.K. property market, with London prices rising at three times the pace of the national average. “Sadly, the improvements in mortgage availability, prices and sales have not been spread evenly,” said David Brown, commercial director of LSL. “The market in the Southeast, particularly London, is going great guns, but less affluent areas are struggling.” LSL and Acadametrics said more mortgages for first-time buyers are “key to the recovery.” While the BOE’s Funding for Lending Scheme has helped, it needs to be increased in scale, they said. They also said the government’s 3.5 billion-pound pledge last month to help homebuyers should support the market.Guaranteed Rent Scheme London Surge

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