Follow us on Twitter @TheNeg
TheBusiness
National Auction Analysis Last Quarter
Feb-Apr 2012
Lots Offered 7,618 5,611
Lots Sold Percent Sold 73.7%
Feb-Apr Increase 2011
6,889 4,891 71%
10.6% 14.7% 3.8%
Total Raised £666.3m £567.7m 17.4% Source: Essential Information Group
26,771 19,983 74.6%
£2.3bn Last Year
May 11- May 11- Apr 12
Apr 12
25,439 17,598 69.2%
£2.2bn
5.2% 13.6 7.8% 9.1%
March 2012 change from Feb 2011 Increase
Loans for house purchase and remortgage Number
of house purchase loans
51,200 44%
Change from March 2011 31% Source: Council of Mortgage Lenders
Value of house
purchase loans (£m)
7,400 40% 30%
28,200 1%
-18%
Number of Value of remortgage remortgage loans
loans (£m)
3,600 N/C
-14%
Regional residential auctions: Feb - Apr 2012 Lots offered Lots sold
East Anglia
East Midlands London
North East North West
Scotland
South East South West Wales
123 511 689 774
1477 West Midlands
North West HC 292 243 768 519 448 786
Yorks & Humber 786 Source: Essential Information Group
164 382 575 572
1066 238 102 612 362 328 608 575
Buy-to-let house purchase lending
Percentage sold Total raised 73.5% 74.8% 83.5% 73.9% 72.2% 81.5% 42.0% 79.7% 69.7% 73.2% 77.4% 73.2%
£18.8m £33.0m £181.8m £45.6m £69.2m £46.6m £5.5m
£93.5m £48.7m £23.3m £55.0m £47.5m
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 30th 2012
Product type Fixed Lender Nationwide
Ulster Abbey
Rate
Coventry BS-Godiva 3.49% 3.39% 2.95% 3.54%
Tracker
Coventry BS-Godiva 3.25% Bank of China Woolwich Abbey
Source: Coreco
2.80% 3.29% 3.39%
Fees
£1034 £1414 £30
£1030 £234
£1685 £979
£1030 Two-year cost
£25,163 £25,247 £22,664 £25,138
£23,625 £24,045 £24,742 £24,748
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
Rate(%) 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)
www.thenegotiator.co.uk
TheNegotiator l July 2012 l 37
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45