March 25, 2008

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Property Investment in Costa Rica

Permalink: Property Investment in Costa Rica
by Brian Turner

Guide to Property Investment in Costa Rica Costa Rica is one of those areas dream holidays are made of, but also represents a very promising place for property investment due to its strong market. Positve pointers: - strong property market - booming investment - easy buying process - ...

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Property Investment in France

Permalink: Property Investment in France
by Brian Turner

Guide to Property Investment in France France enjoys being a popular tourist attraction for Brits and other Europeans, so the holiday rental potential remains strong in many areas. Just ensure you budget plenty for the required purchase costs. Positve pointers: - strong long-term investment - good rental ...

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Credit squeeze hits UK property market with house-buyer numbers at record low

Permalink: Credit squeeze hits UK property market with house-buyer numbers at record low
by Kay Mitchell

Figures from the National Association of Estate Agents (NAEA) show that the credit squeeze is having an impact on the UK property market with house-buyer numbers at a record low. The NAEA established that the number ...

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Mortgage arrears mount for buy-to-let lender

Permalink: Mortgage arrears mount for buy-to-let lender
by Gill Montia

Bradford & Bingley (B&B), the buy-to-let mortgage specialist, has had one of its credit-ratings downgraded by Moody's. The lender's “bank financial strength rating” (BFSR) has been downgraded from C+ to C, following a sharp rise in the number of customers falling behind ...

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Lanzarote shows signs of property slowdown

Permalink: Lanzarote shows signs of property slowdown
by Gill Montia

Lanzarote, the easternmost of the Canary Islands, is showing signs of a property slowdown. According to Lanzarote Guidebook, a leading property portal for the island, the effects of the credit squeeze and waning consumer confidence are already evident at the higher end ...

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Free bike for first-time buyers with Barratt

Permalink: Free bike for first-time buyers with Barratt
by Kay Mitchell

A brand new bicycle is on offer for first-time buyers in Bristol when they reserve a property at The Meadows in Siston Common. Louise Ware of Barratt Homes said The Meadows development is within cycling distance of the city centre, consequently ...

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London property prices continue to soar

Permalink: London property prices continue to soar
by Kay Mitchell

A survey has found that London is becoming unpopular with investors due to rocketing house prices. Estate agent Knight Frank recently said house prices in the capital were rising at a rate of more than 30% annually during 2007. The Urban Land ...

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UK crash could be worse than USA

Permalink: UK crash could be worse than USA
by Kay Mitchell

According to research from analysts Capital Economics, the modest fall experienced in UK house prices could ultimately be more severe than that experienced in the US. Capital Economics warn that while prices have only moderated to date in the UK, the ...

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First-time buyers advised to sit tight

Permalink: First-time buyers advised to sit tight
by Kay Mitchell

With affordability issues and continued uncertainty in the UK housing market, first-time buyers are struggling to get onto the property ladder. Furthermore, many lenders have scrapped their 100% plus mortgage range, meaning first-time buyers have to find money for deposits, stamp duty, ...

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Mortgage lenders struggle to find to cash

Permalink: Mortgage lenders struggle to find to cash
by Kay Mitchell

Following the impact of the credit squeeze, mortgage lenders are running out of cash. Figures from The Council of Mortgage Lenders showed £24 billion worth of mortgages advanced in February, 7% lower compared with the previous month and 6% down ...

March 21, 2008

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Property Investment in Morocco

Permalink: Property Investment in Morocco
by Brian Turner

Property Investment Guide for Morocco Morocco has long been the place of choice for many of the rich and famous, particularly from the UK and property investments continue to be a winning choice. The area is exotic and historic and the weather is warm and dry. ...

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Property Investment in Germany

Permalink: Property Investment in Germany
by Brian Turner

Property Investment Guide to Germany Germany's property market is moving along, but the pace is painfully slow. The market has actually been decreasing slightly since 2000. There was some increase in 2007, but only around 1%. The market in Germany is much less desirable ...

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Property Investment in Cyprus

Permalink: Property Investment in Cyprus
by Brian Turner

Overview of the Cyprus Property Market The property market has been on the rise in Cyprus over the last few couple of years. After a very slight decline in 2005, price increases have been going up. The increase reached an impressive 12% in 2007 and ...

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Property Investment in the USA

Permalink: Property Investment in the USA
by Brian Turner

Basic Property Investment Guide for the United States The United States real estate market had been in an artificial boom for several years, fueled mainly by sub-prime mortgages. In 2006, the market began to correct itself and prices have slowed down. Still, the rise has ...

March 20, 2008

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Home Information Packs subject to criticism again

Permalink: Home Information Packs subject to criticism again
by Kay Mitchell

Home information packs (Hips) are subject to heavy criticism again as they have now been branded the 'worst piece of consumer legislation in 50 years'. Hips were introduced to speed up the home buying and selling process as well as ...

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City centre newbuilds plummet at auction

Permalink: City centre newbuilds plummet at auction
by Gill Montia

An oversupply of city centre apartments and shortage of tenants looking for such accommodation has led to gloomy predictions for the buy-to-let sector. Many such developments attracted small investors who were inexperienced and encouraged by the slick marketing practices of some developers. So ...

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UK borrowers at the mercy of their lender

Permalink: UK borrowers at the mercy of their lender
by Kay Mitchell

UK borrowers are at the mercy of their lender as they are overstretching themselves on their mortgage. A survey by Moneynet.co.uk has established that almost 35% of respondents are struggling with a mortgage which is over 3 times their gross ...

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Property millionaires double

Permalink: Property millionaires double
by Kay Mitchell

Research from estate agent, Hamptons International, has established that the number of UK property millionaires has almost doubled in the last 3 years. Figures from the upmarket agent show that 12% of Hamptons properties were sold in excess of £1 million in 2005, increasing ...

March 19, 2008

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Property prices expected to continue to fall

Permalink: Property prices expected to continue to fall
by Kay Mitchell

At its third annual Great Housing Market Debate, Wriglesworth Consultancy asked 150 industry representatives their views on the future of the property market. The poll established that just one said average prices would increase this year. The majority of the ...

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Estate agent complaints rise due to introduction of Hips

Permalink: Estate agent complaints rise due to introduction of Hips
by Kay Mitchell

During 2007, there was a significant rise in complaints about estate agents. Figures from the Ombudsman for Estate Agents (OEA) said 870 complaints were received last year. A report shows a rise of 45% compared with the number ...