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National Auction Analysis Last Quarter
Apr-June Apr-June Increase 2012
2011
Lots Offered 7,200 5,174
Lots Sold
Percent Sold 71.9% Total Raised £590m
6,449 4,661 71.7%
£538m
10.8% 11.0% 0.3% 9.6%
Source: Essential Information Group
27,161 20,297 74.7%
£2.4bn Last Year
July 11- July 11- June 12 June 12
25,937 18,353 70.8%
£2.2bn, Increase 4.7%
10.6% 5.5% 7.7%
May 2012
Change from April 2012 Change from May 2011
Loans for house purchase and remortgage Number
of house purchase loans
48,300 33% 24%
Source: Council of Mortgage Lenders
Value of house
purchase loans (£m)
7,200 36% 29%
27,900 11%
-10%
Number of Value of remortgage remortgage loans
loans (£m)
3,500 13
-8%
Regional residential auctions: April-June 2012 Lots offered Lots sold
East Anglia
East Midlands London
North East North West
Scotland
South East South West Wales
275 489 628 776
1285 West Midlands
North West HC 271 307 718 461 401 704
Yorks & Humber 742 Source: Essential Information Group
182 374 500 553 892 204 152 553 343 286 538 546
Buy-to-let house purchase lending
Percentage sold Total raised 66.2% 76.5% 79.6% 71.3% 69.4% 75.3% 49.5% 77.0% 74.4% 71.3% 764% 73.6%
£23.5m £32.3m £138.5m £43.8m £63.4m £39.7m £7.6m
£84.8m £44.5m £19.8m £49.5m £43.9m
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 August 4th 2012
Product type Fixed Lender
Ulster Bank Ltd NatWest Int Sols
Northern Rock PLC Nationwide BS
Tracker
NatWest Int Sols Abbey
Nationwide
B.Soc Woolwich
Source: Coreco Rate
2.95% 3.29% 2.99% 2.99%
3.29% 3.29% 3.19% 3.24%
Fees
£625 £376
£1,404 £1,414
£376
£1,030 £1,414 £979
Two-year cost
£23,384 £23,868 £24,142 £24,238
£23,868 £24,493 £24,739 £24,746
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 July
Rate(%) 0.5
0.5 0.5 0.5 0.5 0.5 0.5
Annual rates of return on buy-to-let investment Cash purchase Q2 2012 (last available data)
Region Gross
Annual Void Period Annual Rental
Average Net (days per Rental
Rest of South East South West Midlands
North West North East
Scotland/Wales/NI All regions
Prime Central London 4.87 5.31 5.19 4.91 5.62 6.10 4.89 5.73 5.21
Rest of London
Yield (%) year) 20
18 20 21 25 30 21 26 21
5.06 4.91 4.64 5.24 5.60 4.61 5.33 4.91
Source: The Association of Residential Lettings Agents Capital
Yield (%) year) 4.60
5.89 5.89 5.89 5.89 5.89 5.89 5.89 5.89 5.89
Rate of
Appreciation Return on (% per
8.80 9.16 9.04 8.84 9.29 9.56 8.82 9.36 9.04
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 Q2 2012 (last available data)
Region Gross
Annual Void Period Annual Rental
Average (days per
Prime Central London 11.96 13.07 13.28 12.16 14.96 16.89 12.08 15.41 13.34
Scotland/Wales/NI All Regions
Yield (%) year) 20
18 20 21 25 30 21 26 21
Rental
12.74 12.15 11.04 13.46 14.88 10.94 13.81 12.13
Source: The Association of Residential Lettings Agents Net Capital
Yield (%) year) 10.88
5.89 5.89 5.89 5.89 5.89 5.89 5.89 5.89 5.89
Rate of
Appreciation Return on (% per
21.39 22.24 21.97 21.46 22.56 23.19 21.42 22.72 21.96
Inv. (over five years)
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TheNegotiator l September 2012 l 45
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