Is Renovating Always A Good Idea? | Rick Otton Explains

Property Renovation

In investing, the general rule is to buy low and to sell high. When it comes to property, a common strategy is to buy a not so good house for a low price, and then renovate it so you can … Continue reading

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Why Seller Finance Makes Sense In A Rising Market | Rick Otton Explains

Why Seller Finance Makes Sense In A Rising Market | Rick Otton Explains

New LSL Property Services Acadata House figures revealed that UK house prices jumped 5.7 percent in the 12 months leading up to June 2014, which means the average price for houses in the country is now at £164,105. As is … Continue reading

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Will Interest Rates Eventually Make UK Homeowners ‘Mortgage Prisoners’ | Rick Otton Analysis

Will Interest Rates Eventually Make UK Homeowners ‘Mortgage Prisoners’ | Rick Otton Analysis

For the past five years, interest rates have been kept at 0.5%. However, it is expected to start shifting as early as later this year. And when it does, a new report from Resolution Foundation revealed that 2 out of … Continue reading

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How Does The Strong Pound Affect The UK Property Market | Rick Otton Explains

British Pound

Property markets, at their simplest, are a simple supply and demand equation. If there are more buyers than sellers, prices will go up because demand for new homes is greater than the supply available. But as with all things, nothing … Continue reading

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The Cost of UK Property | Rick Otton Takes A Look At Current Home Values

The Cost of UK Property | Rick Otton Takes A Look At Current Home Values

In many places in the UK, people are continuously feeling priced out of the market. Aspiring homeowners remain aspiring, as the minimum deposit keeps rising with home values. Just how expensive are houses in some of the UK suburbs? Every … Continue reading

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Identifying Property Buzzwords | Rick Otton Analysis

Identifying Property Buzzwords | Rick Otton Analysis

Looking at the newspaper headlines to do with property and real estate investing in the UK some days, you could be forgiven for wondering if some of it is in English. But with investors having many demands on their time, … Continue reading

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Seller Finance Is A Solution For All – Rick Otton Analysis

Seller Finance Is A Solution For All – Rick Otton Analysis

Property analysts in the U.K. have reached a conclusion that property is becoming more affordable for first homebuyers because of the government’s Help To Buy scheme. While this is welcome news to aspiring homeowners, it must be said that majority … Continue reading

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UK Properties For Sale Climbing as Mortgage Approvals Dip – Rick Otton Analysis

uk_house7

The newest HMRC tax statistic found that a total of 1,165,880 property transactions went through in the UK between May 2013 – May 2014. This means that an average of almost 1 out of 20 homeowners want to sell their … Continue reading

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