Can buy to let survive?
The simple answer is now, no. That is according to the CEO of Firstrung, Paul Holmes, he believes that buying a property to simply let it out, is now unsustainable and therefore people should only buy a property from now on only if they intend to live in it.
The whole business of buy to let [...]
Where is the most expensive street in the world?
Everyone has their own idea on what it the most expensive street in the world, but in reality the only way to actually decide which street is the most is expensive is to check the property prices. It turns out that Monaco has the most expensive street, Avenue Princess Grace in Monte Carlo. Property prices [...]
August 26, 2008The Current property market
The UK housing market is made up of so many variations that it is virtually impossible to tell is the market is moving up or down. This is because it is not just the properties involved in this equation it is much more than that.
House buyers, especially those looking to buy their first home have [...]
Property developers look overseas
In the UK, the property market is on a knife-edge and it could just take one simple bad piece of news that could bring the whole thing down. However, property developers and estate agents have their collective sights set on foreign buyers to come in over the next ten years.
There have always been foreign investors [...]
Property crash in Spain
Spain has long been the retirement choice for many Brits who have worked hard all of their lives and decided that it is time relax in the sun. However, as the coasts of Spain over the past twenty years have been inundated with investment properties, which has flooded the market.
But now the Spanish authorities are [...]
How to sell your house
Selling a house in a market like the present, is not the easiest thing to be doing, believe it or not there some people out there who are selling their properties. The difference between them and other house sellers is by simply having the right package ready for when the viewing take place.
There are many [...]
Scottish Property Still Rising
Despite the trends in the property market at the moment, it seems that not all is bad within the property market; this is especially true when it comes to Scotland where prices are surprisingly holding on.
In fact to completely throw the current property trend right up in the air, according to some sources the actual [...]
Prince Charles, property tycoon!
It is sometimes hard to realise that the likes of Prince Charles are actually multi millionaires who are heading up huge corporations with a turnover of millions of pounds.
However, it is true, the Princes main business goes under the banner of “The Duchy of Cornwall” this is where the bulk of his income comes from. [...]
Couple live in shed
This is a real sign of the times, where victims of the credit crunch are forced to live in unacceptable conditions. A couple from Hartlepool are having to live in a shed on an allotment because their house was repossessed.
The couple who have six children have seen their family split up, the children are staying [...]
Record fall for properties
The Nationwide building society has been keeping records since 1991 when conducted their first housing survey, this now acts a guideline for the current state of how the property in the UK is doing and it is not a pretty sight.
The data collected has shown that the average house price has fallen 1.7% last month [...]