Mortgage crisis not over for UK yet
There are more warnings regarding how the US sub prime market collapse can still have an affect a long time after things appear to have settled down in the States and beginning to get back to normal along with government help of course.
The crisis seems to be in the way that the Governor of the [...]
Russia to build worlds largest building
Moscow’s skyline has some familiar sights to it, but over the past couple of decades the view has seriously changed and it is about to change again, but this time it is going to be the worlds largest building that dominates the skyline in Moscow.
Crystal island is a wide based building that towers up [...]
Small rooms save space
Small spaces are becoming ever popular, this can be for many reasons the environment, available space and sometimes cost too.
But these new style capsules can be in the form hotel or apartments, although it makes no difference whether these places are rented or to buy it is the concept that is interesting and the use [...]
Home repossessions still on the rise
It is a sorry sign of the times when property experts are predicting the house market crash etc, but even more disturbing is the forecast that around seventy thousand homes could be at risk of being repossessed in 2008.
These calculations have virtually tripled over the past year; this is because of the raising of interest [...]
Tents torn down in Paris
A makeshift village of tents along side the river Seine by a homelessness action group has been brushed away by police before it could even get established. This was done last year by the same group who used just a few red tents in the centre on the city, but this last protest was going [...]
December 18, 2007Property boom on the Moon
The world property market is struggling at the moment, granted that there are some places that are bucking the trend, there always is but these are few and far between. However there are some places that are literally out of the world!
The price of an acre of land on the Moon is defying gravity this [...]
American oppose banks bailout
US Taxpayers are not too pleased with the governments intervention in their plans to support the sub prime market, in a survey compiled for the National Taxpayers Union the results are varied but show a significant amount of people around forty five per cent, who are opposed to the governments bailing out the sub prime [...]
December 13, 2007All UK homes to be powered by wind power
One of the most ambitious plans for green energy is the one that the UK government have come up with, they state that by the year 2020 the UK will be completely powered by wind, which is not only a wild statement but could prove to be virtually impossible.
At the moment the UK gets [...]
Some London commuters live in Lille
It seems that some lucky commuters are taking advantage of the new high speed rail link between France and England, with journey times comparable to that of the average commute, living in France and working in London is now a real possibility.
The favourite destination for the Anglo French commuter is the city of Lille, it’s [...]
Buy your own Island
With the property market being a little unsteady at the moment there are some other options available for the property investor who is looking for an investment in the future.
While some people stick with bricks and mortar, there are those who are investing in an entirely different type of property, an island!
There are thousands of [...]
Interest rate cut for property boost
Homeowner had some welcome news when the Bank of England cut interest rates for the first time since the middle of 2005, there has been growing concerns that inflation, high oil prices and the cost of mortgages could be slowing down the economy, something had to be done.
The interest rate has been cut by just [...]
Lenders worried about the future
This is going to be a tricky time for the UK’s mortgage lenders, on the one hand due to the sub prime problem in the States they have to take more care on who they lend money to by tightening up their application processes and on the hand they are facing a fall in mortgage [...]
December 4, 2007Houses are dangerous
We all know that certain everyday things are bad for our health, but sometimes this is taken just too far, like this report on the work of the Environmental Protection Agency, if take this word for word, then we may as well give up right now!
They claim that modern day living is killing us, there [...]
House price fall £65 per day!
It is being estimated that house prices are dropping at a rate of £65 per day! If this is confirmed as being correct then it would be the fastest rate of fall in twelve years, which is not very promising.
As if that was not bad enough for the market, mortgage approvals have also fallen to [...]