Houses and Flats To Rent
The Royal Institute of Chartered Surveyors report that house sales could plunge by 40% this year, indicating that the housing market is in a worse state than previously feared. Industry professionals are worried that this sort of fall could profoundly affect the economy and tip it onto recession.
House sales in Northern Ireland have fallen 60% in the last 3 months with many estate agents reporting that they made no sales at all. Prices there fell 4.7% in the first 3 months of the year.
House prices fall again. The global housing boom is over. Fueled by cheap money which is no longer available because of the credit crunch, house sales and prices are falling. If people aren't buying then more are renting, and if owners are unable to sell they have no choice but to let their house or flat. Every cloud has a silver lining: what better time than to start your own business by buying a Homefinders.co.uk franchise?!
Around 25% of house sales falling through because mortgage funding is being withdrawn according to Savills. First-time buyer properties in particular are proving difficult to sell as lenders require larger deposits.
Two thirds of first time buyers hold back from buying. According to research by Abbey Mortgages, 67% of all potential first time buyers have put their plans to buy a house or flat on ice for at least 12 months and they will continue to rent or live with parents.
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Homefinders.co.uk is a franchise. Each branch is managed by its owner which ensures that you will get the best service possible - afterall, the owner has an incentive as his or her income depends on your business. Launched in 2008, the first branch will open later this year in Milton Keynes. Homefinders' business is property management: the renting and letting of flats and houses. We believe that property management is a specialist business rather than something that estate agents add on to their services when sales are slow. All our franchisees undergo extensive training.
About Homefinders.co.uk
If you have always wanted to run your own business, owning a Homefinders.co.uk franchise may appeal to you. You can if you wish start from home on a part-time basis, then move to a high street location as your business grows. More and more people are renting houses and flats because they are unable or unwilling to buy. Find out more about our business opportunity here.
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