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. [...]
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 [...]
South East property holds on
Listening to the news, anyone would think that the price of property in the whole of the UK is in free fall! However, this is not necessarily so in all areas and is particularly not true in the South East corner of the UK.
Nevertheless, recent reports are showing the price of property in the region [...]
House prices are set to rise
At last, there could be some good news over the horizon, well at least when it comes to property prices. In report which has been published by the National Housing Federation are claiming that within the next five years property prices are set to rise.
In fact they are suggesting a slight increase, they predict that [...]
Average UK house price falls
The UK average house price has fallen this month on the same time last year. This is the first time that something like this has happened in the UK property for a number of years. The property marketing company Rightmove Plc started keeping records in 2002 and this is the first time since their record [...]
July 21, 2008House 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 [...]
First time buyers find it hard
First time buyers are having to come up with a whole load of cash in order to get that first step on the property ladder according to the Royal Institution of Chartered Surveyors first time buyers need to find around £27,738 just to get the key to the door of their new home and these [...]
July 14, 2008The state of the UK mortgage market
How the mortgage market has changed over the past year or so. It was not that long ago when borrows were inundated with so many different mortgages from equally as many lenders, but that was before the credit crunch and now things could not be any more different.
The problem now for borrowers is that the [...]
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 [...]
Average property prices down
House prices may have fallen by around two per cent this year, but with figures due out from various building societies saying that new mortgages are at an all time low, then it will not come as a surprise to hear that house prices for the year from June 2007 to June 2008 have fallen [...]
June 30, 2008House 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 [...]
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 [...]