January 31, 2008

Invest in an archipelago - Cape Verde

Permalink: Invest in an archipelago - Cape Verde
by Gill Montia

Cape Verde, the West African archipelago, is tipped as still having considerable property investment potential. The region is experiencing strong economic growth, with the International Monetary Fund predicting that the country's gross domestic product will increase 7.7% in 2008. The former Portuguese ...


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Main: Home News Guides Forums Property News: Property Prices Mortgages Property Developments Rental Property Overseas Property HIPS Property Guides Property Forums: Buying Property Selling Property Estate Agents Solicitors/Legal Mortgages Builders/Developers Property Development Home Improvement Buying Property Abroad	January 31, 2008 Invest in an archipelago - Cape Verde Permalink: Invest in an archipelago - Cape Verde by Gill Montia Cape Verde, the West African archipelago, is tipped as still having considerable property investment potential. The region is experiencing strong economic growth, with the International Monetary Fund predicting that the country's gross domestic product will increase 7.7% in 2008. The former Portuguese ... (more...) Scottish equivalent of Home Information Packs gains approval Permalink: Scottish equivalent of Home Information Packs gains approval by Kay Murchie Members of the Scottish Parliament (MSPs) have supported proposals to launch a single survey system for Scottish house sales. The Scottish Government explained that the move will make the property market fairer and more efficient. The new scheme will be ... (more...) Open plan living means nearly 3 million rooms have disappeared Permalink: Open plan living means nearly 3 million rooms have disappeared by Kay Murchie According to Halifax Home Insurance, open living is becoming so popular that 2.9 million rooms have been removed from UK homes during the last 5 years. It is reported that an additional 2.1 million homes are planning to ... (more...) Top mortgage rates being snapped up Permalink: Top mortgage rates being snapped up by Kay Murchie It has been reported that cheap mortgage deals are only available for a limited amount of time as banks and building societies are withdrawing them at very short notice. Consequently, homeowners are advised to act quickly in order not to delay ... (more...) One million families at risk of losing their home Permalink: One million families at risk of losing their home by Kay Murchie According to the Financial Services Authority (FSA), one million families are at risk of losing their home over the next 18 months. The regulator fears that just a slight increase in bills or repayments, such as credit cards ... (more...) Mortgage approvals at lowest level since 1995 Permalink: Mortgage approvals at lowest level since 1995 by Kay Murchie The signs of a cooling housing market are evident again as the number of new mortgages approved fell to a 13-year low, according to figures by the Bank of England. The last time the monthly figures were so low was ... (more...) January 30, 2008 Rental incomes continue strong growth Permalink: Rental incomes continue strong growth by Gill Montia Paragon, the buy-to-let lender, has published its January index, showing a 2.5% rise in rental incomes during the month. The increase brings the annual rate of rental growth to 19.4%, with tenants paying an average £965 per month for their properties, compared with ... (more...) Affordability for first-time buyers falls 351% Permalink: Affordability for first-time buyers falls 351% by Kay Murchie According to figures from the Royal Institution of Chartered Surveyors (Rics), affordability for first-time buyers has fallen by 351% over the last 10 years. Currently, a first-time buyer couple, both on lower quartile earnings (amounting to £26,595 after taxes) would have to ... (more...) Caroline Flint replaces Yvette Cooper as Housing Minister Permalink: Caroline Flint replaces Yvette Cooper as Housing Minister by Kay Murchie Caroline Flint has taken over from Yvette Cooper as the Government's new Housing Minister. Yvette Cooper has taken up the new post of chief secretary to the Treasury. The changes come as part of a reshuffle of Government posts triggered ... (more...) Estate agents in Sussex say talk of crash is rubbish Permalink: Estate agents in Sussex say talk of crash is rubbish by Kay Murchie Sussex estate agents are confident that there will be no crash in property prices and have branded talks of a crash in Sussex as rubbish. Chris Weatherstone of Brighton-based Weatherstone Properties said 2008 is going to be ... (more...) Property prices will fall by 10% according to expert Permalink: Property prices will fall by 10% according to expert by Kay Murchie According to Neil Woodford, head of investment house, Invesco Perpetual, property prices will fall by 10% during 2008. Mr Woodford, one of Britain's most powerful fund managers said house prices are too high and the average home will fall ... (more...) Land Registry shows December house price drop Permalink: Land Registry shows December house price drop by Kay Murchie According to figures from the Land Registry, the cost of a home in England Wales dropped by 0.4% last month. Land Registry figures have shown a fall in monthly house prices for the first time since August 2005. The fall ... (more...) January 29, 2008 Dubai property developer expands in UK Permalink: Dubai property developer expands in UK by Gill Montia DAMAC Properties, the Middle Eastern private property developer, is opening a UK and Ireland regional headquarters in Canary Wharf, in February. The company, which specialises in the luxury end of the market and currently makes 28% of its sales in the ... (more...) Buy-to-let new-build flats “almost unsellable” Permalink: Buy-to-let new-build flats “almost unsellable” by Gill Montia A gloomy forecast from Neil Woodford, a senior fund manager at investment house Invesco Perpetual, warns that buy-to-let investors with city centre new-build flats could face a torrid year ahead. Mr Woodford believes that UK house prices are simply too high, and is ... (more...) Demand for private rents set to rise Permalink: Demand for private rents set to rise by Gill Montia According the UK Housing Review 2007/08, published by the Chartered Institute of Housing (CIH), the professional body for people involved in housing and communities, increasing numbers of households are moving into private rented homes. The trend reflects the fact that average ... (more...) House prices fall for 4th consecutive month in January Permalink: House prices fall for 4th consecutive month in January by Kay Murchie According to property website, Hometrack, house prices in the UK fell for the fourth consecutive month in January. Falling confidence among potential buyers continues to put downward pressure on house prices said Richard Donnell of Hometrack. Mr Donnell added that ... (more...) Campaigners request to continue Hips concession Permalink: Campaigners request to continue Hips concession by Kay Murchie Home Information Packs (Hips) were launched on August 1 to include properties with 4-bedrooms or more and rolled-out to include 3-bedroom properties on September 10. They were then extended to included all properties on December 14. They were introduced to speed up ... (more...) Record number of repossessed homes at auction Permalink: Record number of repossessed homes at auction by Kay Murchie Repossessed homes are hitting high levels according to Allsop, Europe's biggest residential property auctioneer. In its February catalogue, Allsop is listing 410 lots over 2 days. Banks or mortgage companies are offering nearly 40% of them as distressed sales. Gary Murphy ... (more...) 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Next Page »	Latest News: Need for more long-term tenancy agreements 11% drop in value of British Land’s portfolio 7% rise in October’s mortgage lending Oldham housing project abandoned by Gleeson Scottish landlords need EPCs from beginning of 2009 Buy-to-let landlords at more risk of negative equity Home Builders Federation calls for £2bn boost to homes fund Inexperienced landlords must be well-prepared, says the NLA Fall in asking prices reaches new low Law Society warns that online competitions to win a home could be unlawful Most Read News Today: Need for more long-term tenancy agreements Barratt Developments in crisis as share price plummets Nationwide expects further house price falls 7% rise in October’s mortgage lending Inexperienced landlords must be well-prepared, says the NLA NHBC Buildmark Insurance Certificate: What you need to know Buy-to-let landlords at more risk of negative equity 11% drop in value of British Land’s portfolio Oldham housing project abandoned by Gleeson Fall in asking prices reaches new low Most Read News To Date: Westfield London’s Shepherd’s Bush shopping centre 92% let NHBC Buildmark Insurance Certificate: What you need to know Possible housing crash in 2008 Property Prices in Ireland could fall up to 60% How to Extend Your Flat Lease Northern Ireland property prices drop Barratt Developments in crisis as share price plummets Innovative investment fund from Strutt & Parker Nationwide to offer 95% mortgage Lenders cut mortgage rates in wake of interest rate cut
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Invest in an archipelago - Cape Verde

Scottish equivalent of Home Information Packs gains approval

Open plan living means nearly 3 million rooms have disappeared

Top mortgage rates being snapped up

One million families at risk of losing their home

Mortgage approvals at lowest level since 1995

Rental incomes continue strong growth

Affordability for first-time buyers falls 351%

Caroline Flint replaces Yvette Cooper as Housing Minister

Estate agents in Sussex say talk of crash is rubbish

Property prices will fall by 10% according to expert

Land Registry shows December house price drop

Dubai property developer expands in UK

Buy-to-let new-build flats “almost unsellable”

Demand for private rents set to rise

House prices fall for 4th consecutive month in January

Campaigners request to continue Hips concession

Record number of repossessed homes at auction

Housing costs soar as food bills drop

Larger deposits required this year to secure mortgage deals

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