House prices remain low until 2015
It may be some time before the prices of property return to levels of what they were before the credit crunch; according to a top government advisor these prices will not reach that level until 2015! This is a daunting prospect for many people who have seen their property prices drop slightly, but it does [...]
June 27, 2008Mexicans to claim land in Texas
No, this is not a call to arms, or an attempt by the people of Mexico to retake parts of Texas, although to some people who live in the lone star state, could be thinking that an invasion is on the cards. But it is rather a call to the wealthy Mexicans to get onto [...]
June 25, 2008Even the wealthy fear property prices
With the property market being a bit unsettled the last people that you would have thought of as giving up and selling off would be the wealthy investors who have made so much out of investing in the UK property market.
But it would appear that even these wealthy people have become a little scared at [...]
The most stunning places to live in the UK
The most stunning areas in the UK can often be much more expensive than the neighbouring areas, sometimes as much as three quarters higher for a similar property. So it is true that it is not just the property it is also the location which makes the whole think complete.
The top ten most beautiful places [...]
Mortgage fraud arrests in the US
In a clamp down mortgage in the US, the FBI has arrested hundreds of people as they investigate the growing problem of mortgage fraud. The people arrested include mortgage brokers, estate agents and other people involved in the industry.
It is believed that around four hundred people have been charged with offences and around three hundred [...]
Housing sector looking worse
It has been said that we are looking at a situation that could be worse than in the late 1980’s when the property market was certainly dire! But without have to seem too of a doom and gloom merchant but things could be the same or worse.
According to the Building Societies Association, the rescue plan [...]
Refugee day comes to London
To hammer home the plight of refuges a replica village appeared in Trafalgar Square yesterday, complete with the burnt remains of the huts and other items, it is meant to show what is it must be like to be driven from your home.
Around the village was a makeshift refugee camp, with tents and sack [...]
Unusual kitchen gadgets
Once you have found the home of your dreams, the next step is to make it your home. One to this is to stamp a bit of your individual taste on it. However it is not recommended that anything too permanent is done to the décor or the structure, but you can add your individual [...]
June 13, 2008Giant Greenhouses come to the UK
Commercial property is a very funny area of the property business, this is mainly because of the cheap availability of ready made units and the fact that where companies have moved on from the premises these may not be suitable for other businesses.
But to buck the trend in Kent there is a commercial property being [...]
Now could be a time to buy
There has been a one sector of growth within the property sector which has seen some significant growth. They are called “Property Finders” and they follow the lead that we have seen on the TV where house buyers get help in buying their dream home.
They are considered to be the other side of the coin [...]
Squatters Rights still causing problems
This is something that does not come up much these days, but squatters can be a total nightmare for the property owner. Imagine buying a house and doing it up, you get the stage where you are ready to move in, only to find that there is a bunch of squatters inside and there is [...]
June 9, 2008More mortgages to choose from
There is no wonder that the finance industry is in such a state, you just have to look at the amount of weird and wonderful mortgages that are available in the market:
Muslim mortgages
Unusual home mortgages
125% mortgages
Builder deposit mortgages
Self certification mortgages
Shared equity mortgages
Shared ownership mortgages
Euro mortgages
Commercial mortgages
Guarantor mortgages
Buy-to-let mortgages
Clearly these products have been created for a [...]
Getting priced out of buying a home
Despite the so called credit crunch, there are literally thousand of first time buyers waiting to find their dream home. This you would think, sort of goes against the current trend.
However, according to a recent report by Professor Steve Wilcox, of the University of York, there are around twenty five per cent of these [...]
No takers for free land
The promises of free land have encouraged people to travel across oceans before, but when a run down area in northern Japan decided that the only way that there town would survive is to drawn new people in, there was only one thing that they could offer.
So the signs have been displayed and the offer [...]
House prices in the US falling fast
Any hopes of a quick recovery from the slump in the value of houses may have taken a bit of a hit today as it has been announced that the property sector in the US is falling faster than property prices did during the Great Depression.
In the first quarter of the year house prices were [...]