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National Auction Analysis Last Quarter
Mar-May Mar-May Increase 2012
2011
Lots Offered 7,333 6,431
Lots Sold
Percent Sold 71.3% Total Raised £629m
6,781 5,922 70.2% £558m
8.1% 8.6% 1.6%
12.6% Source: Essential Information Group
26,999 24,842 74%
£2.4bn Last Year
June 11- June 11- Increase May 12 May 12
26,153 22,389 69.2%
£2.2bn,
3.2% 11.
6.9% 4.9%
April 2012
Change from March 2011 Change from April 2011
Loans for house purchase and remortgage Number
of house purchase loans
36,000 -30% -3%
Source: Council of Mortgage Lenders
Value of house
purchase loans (£m)
5,300 -28% -2%
25,100 -12% -4%
Number of Value of remortgage remortgage loans
loans (£m)
3,100 -14
-3%
Regional residential auctions: March-May 2012 Lots offered Lots sold
East Anglia
East Midlands London
North East North West
Scotland
South East South West Wales
243 603 691 745
1219 West Midlands
North West HC 369 276 600 443 460 857
Yorks & Humber 720 Source: Essential Information Group
172 454 561 524 840 274 130 509 318 327 656 507
£20.4m £38.4m £168.0m £40.0m £59.2m £71.3m £6.7m
Buy-to-let house purchase lending
Percentage sold Total raised 70.8% 75.3% 81.2% 70.3% 68.9% 74.3% 47.1% 77.1% 71.8% 71.1% 76.5% 70.0%
£81.2m £41.1m £24.7m £60.4m £52.0m
60,000 50,000 40,000 30,000 20,000 10,000 0
07 Q3 08 Q1 08 Q3 09 Q1 09 Q3 10 Q1 10 Q3 11 Q1 11 Q3 12 Q1
Source: Council of Mortgage Lenders - BTL house purchase loans - BTL as share of all house purchase loans (RMS)
20% 15% 10% 5% 0%
A round-up of best buy mortgage deals as at May 30th 2012
Product type Fixed Lender
Ulster Bank Ltd Woolwich
NatWest Int Sols Leek United BS
Tracker
Bank of China (UK) Woolwich Abbey
Nationwide
B.Soc Source: Coreco Rate
4.00% 3.89% 4.00% 5.19%
2.98% 3.89% 4.24% 3.99%
Fees £30 £979
£1,375 £1,311
£1,685 £979
£1,030 £1,414
Two-year cost
£22,789 £24,746 £24,863 £25,190
£24,492 £24,746 £24,748 £24,990
Bank of England Base Rate Month
2010 Jan Feb Mar Apr
May Jun Jul
Aug Sept Oct Nov Dec
Rate 0.5
0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5
Source: Bank of England Month
2011 Jan Feb Mar Apr May Jun July Aug Sept Oct Nov Dec
Rate (%) 0.5
0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5
Month
2012 Jan Feb Mar Apr
May June
Rate(%) 0.5
0.5 0.5 0.5 0.5 0.5
Annual rates of return on buy-to-let investment Cash purchase Q1 2012 (last available data)
Region Gross
Annual Void Period Annual Rental
Average Net (days per Rental
Scotland/Wales/NI All regions
Prime Central London 5.04 5.14 5.07 4.77 5.16 5.66 5.53 5.53 5.13
Rest of London
Rest of South East South West Midlands
North West North East
Yield (%) year) 20
15 20 21 24 27 23 24 21
4.93 4.80 4.50 4.81 5.25 5.19 5.17 4.84
Source: The Association of Residential Lettings Agents Capital
Yield (%) year) 4.76
5.66 5.66 5.66 5.66 5.66 5.66 5.66 5.66 5.66
Rate of
Appreciation Return on (% per
8.75 8.89 8.78 8.55 8.79 9.12 9.08 9.06 8.81
Inv. (over five years)
Rest of London
Rest of South East South West Midlands
North West North East
Annual rates of return on buy-to-let investment Geared investment Q1 2012 (last available data)
Region Gross
Annual Void Period Annual Rental
Average (days per
Prime Central London 12.65 13.07 12.79 11.59 13.13 15.16 14.64 14.64 13.04
Scotland/Wales/NI All Regions
Yield (%) year) 20
15 20 21 24 27 23 24 21
Rental
12.24 11.69 10.50 11.75 13.49 13.25 13.17 11.86
Source: The Association of Residential Lettings Agents Net Capital
Yield (%) year) 11.55
5.66 5.66 5.66 5.66 5.66 5.66 5.66 5.66 5.66
Rate of
Appreciation Return on (% per
21.26 21.58 21.33 20.77 21.35 22.16 22.05 22.01 21.41
Inv. (over five years)
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TheNegotiator l August 2012 l 37
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