The UK's independent property help portal
August 9, 2007

Property workshops for potential investors

Permalink: Property workshops for potential investors
by Kay Murchie

Property workshops for potential investors
Recent reports have highlighted that the buy-to-let industry is thriving and an increasing amount of people are looking at property investment to secure their future. Demand for rental property is at a 4½ year high, rents are growing at their fastest rate in ...


Northern Ireland property prices drop

Permalink: Northern Ireland property prices drop
by Kay Murchie

Northern Ireland property prices drop
After months of achieving new records, Northern Ireland property prices have dropped and the Belfast Telegraph has been informed by industry sources that those who purchased a property a few months ago may have lost money in the current market, igniting fears ...


HSBC – no fees until October

Permalink: HSBC – no fees until October
by Kay Murchie

HSBC – no fees until October
As part of a late summer promotion, HSBC, one of Britain's biggest banks, is to scrap all mortgage fees. The bank has announced that it will be free from fees until the end of September – for both new and ...

August 8, 2007

Australia’s West Coast experiencing property boom

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by Kay Murchie

Australia’s West Coast experiencing property boom
According to Principal International, the overseas investment property company, the city of Perth on Australia’s west coast is experiencing a significant property boom and is rapidly becoming the country's most successful all-round city ahead of Sydney. Statistics show an incredible 46% rise ...


Prices rise 150% in Valencia in the last 6 years.

Permalink: Prices rise 150% in Valencia in the last 6 years.
by Kay Murchie

Prices rise 150% in Valencia in the last 6 years
Valencia has received an injection of several billion euros into the local economy. Spain’s third largest city boasts beautiful beaches and is the latest addition to the grand prix circuit. According to Valencia Property, a local ...


Choose buy-to-let in university towns

Permalink: Choose buy-to-let in university towns
by Kay Murchie

Choose buy-to-let in university towns
According to statistics from buy-to-let broker Landlord Mortgages, property investors in towns with universities can expect an average rental yield of 6.59%, this figure is more than 1% better than the average rental yield in England of 5.42%. Durham is delivering the best ...

August 7, 2007

Get out clauses costing homeowners over £6,000

Permalink: Get out clauses costing homeowners over £6,000
by Kay Murchie

Get out clauses costing homeowners over £6,000
According to Moneyexpert.com, the price comparison service, the cost of a get-out clause is £6,370, a figure which does decline during the first 3 years of ownership. Increasing interest rates have left many defenceless if they want to break away from ...


Britain’s best holiday home destinations

Permalink: Britain’s best holiday home destinations
by Kay Murchie

Britain's best holiday home destinations
A place in the country or by the seaside is becoming more and more popular for people according to many estate agents. A holiday home or a weekend retreat may once have been considered as the domain for the rich but ...


In 5 years time, house pries will break the £300,000 barrier

Permalink: In 5 years time, house pries will break the £300,000 barrier
by Kay Murchie

In 5 years time, house pries will break the £300,000 barrier
According to research published by the National Housing Federation, the average house price in England will rise by 40% in 5 years top £300,000. This will result in more parents having to pay their children’s mortgages ...


Grimsby cheaper than the UK average

Permalink: Grimsby cheaper than the UK average
by Kay Murchie

Grimsby cheaper than the UK average
Soaring house prices and rising interest rates means that the current property market is even harder for young buyers to enter. According to research, average house prices in the whole of the UK have broken through the £100,000 mark for ...


Homeowners warned over cowboy builders

Permalink: Homeowners warned over cowboy builders
by Kay Murchie

Homeowners warned over cowboy builders
Following the recent flooding and the increasing attraction of environmentally friendly housing technology, demand for builders in the UK property market is expected to soar. The Federation of Master Builders (FMB) has warned that such trends do not come without consequences. The FMB ...

August 6, 2007

Up-and-coming Brazil

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by Kay Murchie

Up-and-coming Brazil
With its growing economy, Brazil the 5th largest country in the world, is benefiting from a significant expansion of tourism-related property investment. In 2006, property lending doubled in Brazil and the construction industry is thriving and recently local banks did not offer broad lending to ...


Ski resorts acknowledge year-long investors

Permalink: Ski resorts acknowledge year-long investors
by Kay Murchie

Ski resorts acknowledge year-long investors
In 2006, ski resorts in Switzerland, like many other places in Europe, had a wake-up call. The mild winter meant that many Alpine resorts experienced a shortage of snow, which resulted in a lack of business. Consequently, resorts are adjusting their offerings. Property ...


A steep increase in repossessions

Permalink: A steep increase in repossessions
by Kay Murchie

A steep increase in repossessions
Figures published by the Council of Mortgage Lenders (CML) have showed a significant rise in the amount of homes that were taken from borrowers unable to keep up with mortgage repayments this year. The number of homes repossessed by mortgage lenders has ...


First-time buyers stretch themselves

Permalink: First-time buyers stretch themselves
by Kay Murchie

First-time buyers stretch themselves
LV=, formerly known as Liverpool Victoria, have commented that young people are prepared to stretch themselves when taking out a mortgage. In spite of several rises to the interest rate, 1 in 6 adults under the age of 35 will borrow more than 5 ...

August 3, 2007

Dubai rapidly becoming world’s fastest up-and-coming city

Permalink: Dubai rapidly becoming world’s fastest up-and-coming city
by Gill Montia

Dubai rapidly becoming world's fastest up-and-coming city
Dubai has rapidly becoming one of the world's fastest up-and-coming cities due to the benefits it offers to foreign investors. The economic boom that has occurred in the United Arab Emirates since 2002 has been obvious in the Dubai property ...


Downsizing can help those wishing to move abroad

Permalink: Downsizing can help those wishing to move abroad
by Kay Murchie

Downsizing can help those wishing to move abroad
With property prices in the UK experiencing record levels of growth in the last few years, the value of many Britons' assets now allows them to benefit if they are looking to move abroad. Property Sale Solutions has advised that ...


Interest rates remain at 5.75%

Permalink: Interest rates remain at 5.75%
by Elaine Frei

Interest rates remain at 5.75%
The Bank of England’s Monetary Policy Committee kept the base rate at 5.75% yesterday and the Bank is due to release its latest inflation report on 8th August. Statistics from both Nationwide and Hometrack released show that house price inflation stood at 0.1% ...


London houses below £200,000

Permalink: London houses below £200,000
by Kay Murchie

London houses below £200,000
Property search engine, Zoomf.com, has discovered a London postcode just 8 miles from the City where prices are £10,000 less than the UK average. In addition, the River Thames and an international airport are close by. It may not have the attraction ...

August 2, 2007

First-time buyer loans almost doubled

Permalink: First-time buyer loans almost doubled
by Kay Murchie

First-time buyer loans almost doubled
According to research from Abbey Mortgages, the average loan taken out by a first-time buyer has almost doubled in 4 years. The average mortgage taken out by those aiming to get on to the property ladder is now at £130,000, compared with ...