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Wednesday, November 12
New deal to bring property investors and struggling landlords together
by
Jet-to-Let Magazine
on Wed 12 Nov 2008 10:41 GMT
Buy-to-let landlords in the UK are being offered an escape plan from investments if they are struggling to cover their mortgage repayments. It comes after the latest Financial Stability Report from the Bank of England highlighted the threat to buy-to-let investors and suggested they were likely to face higher levels ... more » Tuesday, November 11
Housebuilder's sales plunge by 27%
by
Jet-to-Let Magazine
on Tue 11 Nov 2008 10:30 GMT
HOUSEBUILDER Taylor Wimpey today reported a 27 per cent plunge in house sales since the summer and warned there was no immediate end in sight for the UK property slump. The group said net reservations averaged 165 a week since July 1. Britain's biggest housebuilder - which owns the George ... more » Friday, November 7
New York: go downtown in the downturn
by
Jet-to-Let Magazine
on Fri 07 Nov 2008 09:45 GMT
The change promised by the new presidency cannot come too soon for the US housing market, which has been assailed by the sub-prime mortgage scandal and the bank failures and financial market storms that ensued from it. New York may not have suffered the same degree of catastrophic property falls ... more » Thursday, November 6
Property lobby groups welcome Planning Bill rethink
by
Jet-to-Let Magazine
on Thu 06 Nov 2008 09:20 GMT
Lobby groups have today welcomed a change to the Planning Bill that removes a link between the level of the new community infrastructure levy (CIL) and the increase in land value once planning permission has been granted. The link had been opposed by the likes of the British Property Federation, ... more » Tuesday, November 4
UK construction sector shrinks at record pace in Oct
by
Jet-to-Let Magazine
on Tue 04 Nov 2008 17:08 GMT
LONDON (Reuters) - Britain's construction sector shrank last month at its fastest pace since records began more than a decade ago after falling house prices and tight credit took their toll, a survey showed on Tuesday. The Chartered Institute of Purchasing and Supply/Markit construction index fell to 35.1 from 38.8 ... more » Sunday, November 2
Want to avoid the negative equity trap? Build your own home
by
Jet-to-Let Magazine
on Sun 02 Nov 2008 15:54 GMT
For years, the term "negative equity" barely featured in the vocabulary of the modern homeowner. But things have changed. The Bank of England revealed last week that 1.2 million homeowners are likely to find themselves trapped in a home worth less than the mortgage secured against it as prices continue ... more » |
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