June 22, 2007
Grenada – a Caribbean investment
Permalink: Grenada – a Caribbean investment
by Kay Murchie
The new gem of the Caribbean is the island of Grenada, new developments are popping up and its infrastructure is excellent. New roads have been built and frequent flights are available and cost as little as £99 return.
Should you ...
France – new opportunities
Permalink: France – new opportunities
by Kay Murchie
One of the favourite playgrounds for the rich and famous is the Cote d’Azur. House prices are luxurious but expensive, rents are also steep but yields can be rewarding if an investor owns the right house in the right location. Cannes ...
June 21, 2007
Slowdown in the UK Housing Market
Permalink: Slowdown in the UK Housing Market
by Kay Murchie
Recent statistics from the Council of Mortgage Lenders (CML) are showing signs that the UK housing market is slowing down.
In May, gross mortgage lending was up by 5% on the previous year's figure.
Although this figure is a new record, it ...
New developments in the south
Permalink: New developments in the south
by Kay Murchie
Hundreds of affordable new properties are being built in the south that should appeal to families and first-time buyers.
229 homes are due to be built on the Greenwich Peninsula, near to the entertainment venue O2 – the building previously known ...
Luxury complex in Cyprus
Permalink: Luxury complex in Cyprus
by Kay Murchie
A new luxury development has just been built on the south east coast of Cyprus called Eleni Gardens. It is set amongst olive trees in the Ayia Triada countryside and only 10 minutes walk from the beach.
There are 47 self-sufficient ...
Shrewd buy-to-let investors buy new build homes
Permalink: Shrewd buy-to-let investors buy new build homes
by Elaine Frei
Two-thirds of new build homes built are sold as property investments rather than to new owner-occupiers and it has emerged that a large amount of new build homes in London are being bought by buy-to-let investors.
There has been a ...
700% mortgages acceptable
Permalink: 700% mortgages acceptable
by Kay Murchie
The Council of Mortgage Lenders (CML) has spoken out about lenders offering mortgages up to 7 times a borrower’s salary.
It has defended the actions of mortgage brokers and said that it is acceptable to provide these deals.
These mortgages are intended ...
Affordable homes in Newcastle for first time buyers
Permalink: Affordable homes in Newcastle for first time buyers
by Kay Murchie
It is becoming apparent that many first time buyers are looking to Newcastle to buy their first property. Newcastle is appealing to many first-time buyers due to the affordable homes in the city.
Property in parts of ...
Britons re-mortgaging to pay off debts
Permalink: Britons re-mortgaging to pay off debts
by Kay Murchie
Recent reports relating the retail sector show disappointing sales growth figures from Sainsbury and Tesco, this implies that Britons are not spending money on goods but using it to pay off or reduce their debts. It is becoming evident that ...
June 20, 2007
International elite pushes Britons out of housing market
Permalink: International elite pushes Britons out of housing market
by Kay Murchie
Foreign citizens are pricing Britons out of the property market with the aid of government tax breaks. London’s multi-million pound homes are now being snapped up by privileged internationals who are able to use offshore trusts to less stamp ...
Slow moving economy in California
Permalink: Slow moving economy in California
by Kay Murchie
Property sales are weak in California and could remain that way until late 2008. A rise in unemployment and poor job growth is adding to a slow-moving economy.
Employment sectors and construction related to the property market have cut jobs ...
Gardens improve house prices
Permalink: Gardens improve house prices
by Kay Murchie
Recent studies show that those of us lucky enough to have extra land could add up to 15% to their property by having a beautifully kept garden. The popular fashion accessory for this year is a large landscaped garden.
In spite ...
Affordable homes are out of reach for many
Permalink: Affordable homes are out of reach for many
by Kay Murchie
A recent survey by a high street bank has established that 70% of British towns are unaffordable for public sector workers such as teachers, nurses and policemen. Nurses are struggling the most as the study showed that just ...
India – a fast growing economy
Permalink: India – a fast growing economy
by Kay Murchie
Whenever there’s a rapid expansion in the property market, there are always people who speculate about how long the growth will last. The UK economy has experienced a long period of rapid growth and there are many who wonder how ...
Young people – objective is to own home by 30
Permalink: Young people – objective is to own home by 30
by Kay Murchie
A recent study has revealed that today’s young people are motivated by money and 24% stating that they anticipate an income of £40,000 per annum within 10 years and 33% planning to be entirely debt free ...
Property maintenance proves to be expensive
Permalink: Property maintenance proves to be expensive
by Kay Murchie
Many Britons are hit with unforeseen household repair bills and many use overdrafts or credit cards to pay for these unexpected expenses. Property upkeep cost Britons more than any other household bills, a study has shown.
Maintenance and repairs ...
Buy-to-let market is active as student numbers rise
Permalink: Buy-to-let market is active as student numbers rise
by Kay Murchie
An increasing number of investors are getting onto the buy-to-let ladder as student numbers continue to rise in the UK.
The number of landlords with student accommodation means that the buy-to-let market is full of activity as investors are gaining ...
Sale and rent back agreements
Permalink: Sale and rent back agreements
by Kay Murchie
Rising interest rates and bad debts has resulted in an increasing number of sale-and-rent back property companies pursuing homeowners who are struggling to make repayments and facing repossession.
These companies purchase homes for around 70%-80% less than the market value, paying ...
June 19, 2007
Relocate to Costa del Sol
Permalink: Relocate to Costa del Sol
by Kay Murchie
Recent bad press regarding illegal building problems in Marbella has dented consumer confidence in Spain. Despite Spain having a poor status at present, the Costa del Sol still remains a good long-term investment and a great destination for Britons looking to ...
Homeowner profile to change
Permalink: Homeowner profile to change
by Kay Murchie
According to a new study, the profile of people buying homes in the next 2 decades is likely to change significantly. The hunger for moving will rise as new generations emerge.
In addition, the report forecasts that by 2026, rising numbers of consumers ...
The new gem of the Caribbean is the island of Grenada, new developments are popping up and its infrastructure is excellent. New roads have been built and frequent flights are available and cost as little as £99 return.
Should you ...
Recent statistics from the Council of Mortgage Lenders (CML) are showing signs that the UK housing market is slowing down.
In May, gross mortgage lending was up by 5% on the previous year's figure.
Although this figure is a new record, it ...
