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National Auction Analysis Last Quarter
Nov-Jan Nov-Jan Increase 2012
2011
Lots Offered Lots Sold
Percent Sold Total Raised
6031 4301 71.3%
5898 3915
66.4% £549.1m £553m
2.3% 9.9% 7.4% 0.7%
Source: Essential Information Group
Feb 11- Jan 12
32,586 24,202 74.3%
£3.3bn Last Year
Feb 10- Increase Jan 11
31,561 22,128 70.1%
£3.2bn
3.2% 9.4% 6.0% 1.9%
December 2011
Change from Nov 2011 Change from Dec 2010
Loans for house purchase and remortgage Number
of house purchase loans
47,400 1% 7%
Source: Council of Mortgage Lenders
Value of house
purchase loans (£m)
6,900 n/c 8%
28.100 -15% 10%
Number of Value of remortgage remortgage loans
loans (£m)
3,600 -14% 16%
Regional residential auctions: Nov '11- Jan '12 Lots offered Lots sold
East Anglia
East Midlands London
North East North West
Scotland
South East South West Wales
162 344 375 520 876
West Midlands
North West HC 149 196 466 317 282 517
Yorks & Humber 606 Source: Essential Information Group
127 270 312 374 609 106 74
357 211 200 387 445
Buy-to-let house purchase lending
Percentage sold Total raised 78.4% 78.5% 83.2% 71.9% 69.5% 71.1% 37.8% 76.6% 66.6% 70.9% 74.9% 73.4%
£13.9m £21.6m £81.8m £28.9m £40.3m £20.5m £5.3m
£54.6m £27.3m £15.5m £32.3m £34.8m
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 March 1st 2012
Product type Fixed Lender
Yorkshire B Society Ulster Bank
Post Office Mortg. N&P
Tracker HSBC
Chelsea BS Vernon BS First Direct
Source: Coreco Rate
2.94% 2.95% 3.09% 3.09%
2.59% 2.59% 2.60% 2.69%
Fees
£519 £30
£195 £325
£30
£839 £514 £30
Two-year cost
£22,967 £22,667 £22,882 £23,153
£21,782 £22,681 £22,604 £22,022
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
Rate(%) 0.5
0.5
Annual rates of return on buy-to-let investment Cash purchase Q4 2011 (last available data)
Region Gross
Annual Void Period Annual Rental
Average Net (days per Rental
Prime Central London 4.88 4.81 5.05 5.24 4.98 5.13 5.05 5.12 5.02
Rest of London
Rest of South East South West Midlands
North West North East
Scotland/Wales/NI All Regions
Yield (%) year) 20
16 18 21 22 26
26.4 24 20
4.6 4.8
4.93 4.67 4.76 70
4.78 4.74
Source: The Association of Residential Lettings Agents Capital
Yield (%) year) 4.61
5.66 5.66 5.66 5.66 5.66 5.66 5.66 5.66 5.66
Rate of
Appreciation Return on (% per
8.77 8.76 8.92 9.03 8.82 8.89 8.84 8.90 8.87
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 Q4 2011 (last available data)
Region Gross
Annual Void Period Annual Rental
Average (days per
Prime Central London 12.02 11.75 12.71 13.44 12.41 13.02 12.70 12.97 12.56
Scotland/Wales/NI All Regions
Yield (%) year) 20
16 18 21 22 26 26 24 20
Rental
10.91 11.71 12.24 11.19 11.54 11.29 11.61 11.44
Source: The Association of Residential Lettings Agents Net Capital
Yield (%) year) 10.95
5.66 5.66 5.66 5.66 5.66 5.66 5.66 5.66 5.66
Rate of
Appreciation Return on (% per
21.31 21.29 21.68 21.93 21.43 21.60 21.47 21.63 21.55
Inv. (over five years)
www.the-negotiator.co.uk
TheNegotiator l April 2012 l 37
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