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National Auction Analysis Last Quarter
Jan-Mar Jan-Mar Increase 2012
2011
Lots Offered 5958 4423
Lots Sold
Percent Sold 74.2% Total Raised £538m
5548 3942 71.1%
£469m 7.4%
12.2% 4.4%
14.7% Source: Essential Information Group
26,458 19,727 74.6%
£2.3bn Last Year
Apr 11- Apr 10- Mar 12 Mar 11
25,440 17,553 69%
£2.2bn Increase 4.0%
12.4% 8.1% 7.2%
January 2012
Change from Dec 2011 Change from Jan 2011
Loans for house purchase and remortgage Number
of house purchase loans
35,600 -25% 22%
Source: Council of Mortgage Lenders
Value of house
purchase loans (£m)
5,300 -24% 23%
26,600 -6% 13%
Number of Value of remortgage remortgage loans
loans (£m)
3500 -3% -5%
Regional residential auctions: Jan - Mar 2012 Lots offered Lots sold
East Anglia
East Midlands London
North East North West
Scotland
South East South West Wales
144 451 602 655
1041 West Midlands
North West HC 237 194 529 382 352 627
Yorks & Humber 648 Source: Essential Information Group
105 339 510 497 752 197 82
426 265 257 484 464
Buy-to-let house purchase lending
Percentage sold Total raised 72.9% 75.2% 84.7% 75.9% 72.2% 83.1% 42.3% 80.5% 69.4% 73%
£12.1m £27.2m
77.2% 71.6%
£164.9m £36.9m £49.1m £38.6m £4.6m £67.1m £36.0m £17.9m £41.5m £38.5m
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 8th 2012
Product type Fixed Lender
Northern Rock Abbey
Tracker Rate
Coventry BS-Godiva 3.99% Principality
4.29% 4.18% 3.69%
Coventry BS-Godiva 3.99% Northern Rock Abbey
BM Solutions Source: Coreco
4.18% 3.69% 4.04%
Fees
£285 £45
£1317 £1530
£285 £1317 £1530 £1990
Two-year cost
£13,065 £13,246 £13,725 £13,762
£13,065 £13,725 £13,762 £14,207
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
Rate(%) 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)
www.the-negotiator.co.uk
TheNegotiator l June 2012 l 33
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