David Beckham and Brad Pitt are believed to be among the celebrities and sportsmen who bought villas in Palm Jumeirah in Dubai, a luxury development that juts out into the Gulf. But when the property bubble burst this year, residents saw the value of their investments collapse. Yesterday their situation ... more »
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Thursday, November 26
Thursday, November 19
Seasonal rise in mortgage lending
by
Jet-to-Let Magazine
on Thu 19 Nov 2009 10:27 GMT
UK mortgage lending rose by 5% in October compared with the previous month, according to a lenders' group. However, the £13.5bn of gross mortgage lending recorded by the Council of Mortgage Lenders was down 27% compared with the same month a year ago. The group said that the month-on-month rise ... more » Friday, November 6
Cheap Money may create another property bubble
by
Jet-to-Let Magazine
on Fri 06 Nov 2009 09:33 GMT
Great swaths of the world’s residential property market are not just in full recovery mode — they are booming. While the property pages in Britain have focused on a slight pick-up at the top end of the market, partly because of a revival in bankers’ bonuses, there is a full-scale ... more » |
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