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 [...]
House prices could fall for two years
It is now as we begin to feel the full effects of the credit crunch, when we grasp at any story that tends to be in favour of an upturn in the economy but unfortunately, these good news stories are beginning to get thinner on the ground.
Now the chairman of the Citigroup bank is warning [...]
When is a garden, not a garden?
Most people believe and rightly so that when they buy a house that the garden is theirs to do with as they please within reason. But there some authorities within the UK who would like to think that they can go around deciding exactly what you are allowed do in your own garden.
One man, Michael [...]
One place where property prices are on the rise
When we listen to the news and there happens to be a story that covers the property world it can be almost guaranteed that the story will be mentioning that the prices are not just dropping, but it will be staying like this for some time.
There are never any stories about the places where property [...]
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 [...]
Giant 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 [...]
More 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 [...]
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 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 [...]
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, [...]
The future of property
One day will we all be living in virtual realities such as Second Life? Well some people believe so as there has been a rise in the amount of people leaving their life in the real world and living another completely separate life on Second Life.
Why not? After all you are able to do everything [...]
Just how bad is the housing market?
As if anyone needs to be told the housing market is suffering one of the worst slumps for almost thirty years, that is not to say that prices have fallen down to those prices or that they ever will. It is just that the confidence in someone or a couple to commit to paying off [...]
May 13, 2008Village runs on solar power
Solar power is great idea, but unless there is a serious amount of sun they really don’t work properly, there is also the cost. However, the technology has moved along so quickly that they have become more efficient and the cost effective.
This can be shown by a village in west of South Korea, Donggwang is [...]
Green Development in Australia
It comes as no surprise that Australia where they have plenty of open space and sunshine, that they should be looking at creating new developments which are eco friendly and a project in Sydney is just one example of this growing trend towards redeveloping older sites, instead of taking land that could be used for [...]
April 18, 2008Property Portals put off agents and developers
Potential buyers of an overseas property may be losing out on some good deals when they visit an over seas property portal, this is because there are many foreign estate agents and property developers who do not use the property portals.
The main reason for this is that they find the portals too time consuming or [...]
Property bubble bursts
There are two separate industries that are attached to the housing sector, one is the buying and selling of homes, this includes estate agents and solicitors. While on the hand is the DIY sector, which has recently been suffering due to the buoyancy of the housing sector.
But it would as the housing sector begins to [...]
Massive building to be green
For a skyline that has remained unchanged for some time, the people of Philadelphia in the States are going to get a surprise when the second tallest building in the world appears in their city. The American commerce centre will rise up into the sky for 1,500 feet, the empire state building stands at 1,250 [...]