The UK’s most expensive property
It may not come as too much of a surprise that it is Buckingham Palace which is classified at as being the most expensive piece of property in the UK, with a value of just under a billion pounds!
But it is what you would expect to see from house that has seven hundred and seventy [...]
Government has to revive market
There are calls from industry experts for the government to take some positive action to revive the UK’s property market.
This is coming from The Royal Institution of Chartered Surveyors (RICS) who say that recent attempts from the government have been small and has had limited affect on the property market which is struggling to cope [...]
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 [...]
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 [...]
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 [...]
Woman escapes repossession by suicide
It is a sad sign of the times when people feel that they have no choice other than to end their lives.
However, this just highlights the pressures that some people are finding themselves in, as the financial pressures build on ordinary people who have done nothing wrong, apart from trying to get on in [...]
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 15, 2008The sign of a good or bad agent
With the property market in the state that it is in at the moment, it is essential for someone wanting to sell their house that they find the right estate agent, failure to do so could result in being a very expensive mistake to make.
But how on earth can you tell if an agent is [...]
The 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 [...]
Your home is no longer your castle
Changes in the way that criminals are treated could leave the householders of the UK worrying about the way that the authorities are planning on punishing burglars.
It seems that the law is working in the favour of the lawbreaker rather than the other way around. No longer can a householder protect their family and possessions [...]