Even 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 [...]
Celine Dion’s house wasting water
The world famous singer Celine Dion has spent such a long time in the Las Vegas heat that you would have thought that she would have realised that water is a short supply in some places and even if it is not short supply wasting water is just wrong.
Yet in the new Florida home of [...]
House blown up over boy
A gang of girls are believed to be behind the destruction of three houses which killed a man, injuring others, not to mention the fact that these families have been made homeless too.
The reason for the mayhem is supposed to be over a boy and the intended victim turns out to be girl who was [...]
Mortgage arrears on the rise
The first quarter of the year has seen some increases in the rate of mortgage payment defaults, this has particularly hit the UK sub prime mortgage market, and these are home buyers who do not have a brilliant credit history.
During this period the total amount of mortgage holders who have arrears of more than thirty [...]
The price of homes still falling
With house values dropping for the eighth month in a row in England and Wales there has to be some concern as to where this is going to stop, are the prices going to fall further or will the price of property recover?
The problem that faces all of us at the moment is the simple [...]
Property pain in Spain
For many years now moving to Spain, whether it is for retirement or just to have a change of life style has been a dream for many brits some of whom have managed to pickup their root and make the move over to sunnier shores.
But recently the property market of there has been struggling just [...]
Why invest in a golf property?
When buying a property abroad, there are many factors involved in the buying process; this can be down to location, price and style. But many people enjoy living the golf life and there are many of these so called golf estates popping up.
You get the benefits of living around the golf club with all of [...]
Moon to be bought and sold
As private space tourism is reaching out past the earths atmosphere there are calls for an international agreement as to what can actually be done should a private firm land on the moon and begin to colonise it.
There are several private companies interested in space tourism, but what happens when one gets to the moon, [...]