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
Saturday, November 21
Nationwide sees risk of house price fall in 2010
by
Jet-to-Let Magazine
on Sat 21 Nov 2009 09:47 GMT
House prices could retreat in 2010 if unemployment rises sharply, Britain's third-largest mortgage lender Nationwide warned on Friday. A lack of supply and low interest rates have boosted the housing market this year, but Nationwide said prices could go into reverse with unemployment set to rise further and a stock ... more » Tuesday, November 17
34 Repossession hotpots named
by
Jet-to-Let Magazine
on Tue 17 Nov 2009 10:06 GMT
More help was offered to struggling homeowners today as the government officially named 34 repossession "hotspots" across the country - including Sedgefield, Tony Blair's old constituency, and four areas of London - the move came as the Council of Mortgage Lenders published figures showing that the number of families forced ... more » Monday, November 9
Prices to fall in 2010?
by
Jet-to-Let Magazine
on Mon 09 Nov 2009 17:34 GMT
Property group Savills is predicting ups and downs within the housing market over the next five years - according to the group, after a 3.7% rise in values this year, the market will see peaks and troughs... Next year will see a drop of around 6-7%, while values will 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 » Monday, November 2
House prices edge higher
by
Jet-to-Let Magazine
on Mon 02 Nov 2009 09:54 GMT
House prices have edged upwards for the third consecutive month in spite of signs of a slowdown in demand from new buyers, according to Hometrack, a research company. Its monthly survey of estate agents and surveyors in England and Wales showed that house prices grew by 0.2 per cent in ... more » |
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