London Property Portfolio

London Property Portfolio

We have a very exciting portfolio on our books at present, that I thought might be worth knowing about for our blog readers. Lately, I've been commenting on how good london has been doing, with london prices having increased by 12% in 2006

Lets Talk About Property are proud to bring a high profile london property portfolio for sale to our investors.

This high profile vendor group has decided to sell their entire london property portfolio which consists of 21 apartments across zones 1 and 2 in central london.

All of the apartments are being sold 10% Below Market Value and are Fully tenanted.

For more information, please visit http://www.letstalkaboutproperty.com/
Or go straight to the london portfolio webpage by clicking here.

BOE keeps interest rates the same

The Bank of England decided to keep interest rates the same this week. Clearly, they are hoping that inflation will be reduced by the 3 rate rises we have already seen since August 2006 without having to raise them again, and put more pressure on borrower's and investors' finances.

However, don't be too surprised if there is another small rate rise this quarter.

There are still some excellent fixed rate deals about at the moment, which means now could be your last chance to add to your portfolio and fix a discounted rate at under 5%. Several lenders have fixed rates at under 5%. The best one we know of is the Portman Building Society, with a fixed rate of 3.99% for 2 years on 85% LTV.

House prices to rise by £1,000 per month in 2007

House prices to rise by £1,000 per month in 2007

UK house price inflation is on track to grow at an average rate of £1,000 per property, per month, according to reports from the Centre for Economics and Business Research (CEBR).

CEBR experts maintain that house prices in the UK will increase notably this year, despite recent base rate increases.

According to a new CEBR report, strong demand and limited supply in many parts of the country will continue to fuel property price growth.

It is estimated that the average house price will increase by eight per cent to £193,000, up from £179,500.

"The underlying fundamentals of the housing market continue to support prices," explained John Ward, one of the report's authors.

"Even though interest rates may act as a dampener on the market people are spending considerably less of their incomes on mortgages than in the early 1990s."

Recent reports state that UK house prices are showing signs of cooling, with house price inflation having slowed in January to the lowest rate since May.