Page 13 - Bective Leslie Marsh Magazine 2018
P. 13

                                 last year (average of Halifax, Nationwide and ONS statistics last year). It is now becoming clear that although the UK’s triggering of Article 50 has affected the pound’s value, the same cannot be said of house prices. As uncertainty subsides and the pound consistently strengthens, it is predicted that sales volumes will return. Demand remains high and the number of homes being built falls well below what the capital needs. Expectations of future house price growth have increased again in recent months according to industry experts and the broader ‘Market House Price Sentiment Index’ with many predicting that we will experience a return to higher transaction volumes this year, but London house price growth will be modest at 2.50% in 2018 and 4.0% in 2019.
The mortgage market has changed little in the last year with new approvals averaging 66,000 per month. Last month saw over £23.0bn in lending, matching previous years. All in all, the stock of mortgage debt has grown at a stable rate averaging between 2-3% on an annual basis over the last two years. 95% mortgages are still available at good rates and we are seeing loan to values increasing on higher value properties, as well as rates reducing. This shows that lenders have little concern about how the UK property market will progress. It has been a testing time but the outlook for UK property is secure as ever and we look forward to seeing more new clients in the coming year.
   Mortgages
• Large Loans/High Net Worth Mortgages
• First Time Buyer Mortgages • Residential Mortgages
• Buy To Let Mortgages
• Self Build Mortgages
• Ex-pat Mortgages
• International Mortgages
• Contractor/Self Employed • Mortgages
Specialist Finance
• Commercial Mortgages
• Bridging/Short Term Loans • Development Finance
• Lombard & Single Stock
Lending
• Overseas Property Finance
Insurance
• Life Insurance
• Critical Illness
• Business Protection • General Insurance
   With over 10 years in the industry Matthew would be delighted to hear from you!
Matthew S Davies - Director DDI: +44 (0) 207 952 6481
M: +44 (0) 7891061789
E: Matthew.Davies@opesfp.com
Opes Financial Partners
167-169 High Street Kensington, London W8 6SH
W: www.opesfp.com E: info@opesfp.com T: +44 (0)207 952 6510
Matthew Davies - Director Opes Financial Partners
 YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
Opes Financial Partners Ltd is authorised and regulated by the Financial Conduct Authority.





































































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