Property Investment News and Analysis from Dominic Farrell.
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View Article  Sellers Pack will curb house sales says report
THE Government expects the number of houses on the market to fall by 10 per cent when the £1,000 sellers’ packs are introduced next year. Ministers have consistently argued that the home information packs (Hips) will help first-time buyers when they become mandatory next June. But a little-noticed government report ...   more »
View Article  The Fundamentals of Property Investment - 15 July 2006 London

The next Fundamentals of Property Investment course will take place in London on Saturday 15th July 2006.

For further details please visit:

http://www.bewarethesharks.com/propertyinvestmentcourse.htm

 

   more »
View Article  UK mortgage debt tops £1 trillion

Mortgage debt has gone through the £1 trillion level, according to figures from the Bank of England (BOE).

An extra £9.3bn was borrowed to buy homes in May, increasing outstanding mortgage debt to £1.007 trillion.

However, the value of unmortgaged property across the UK is much higher at about £3.6 ...   more »

View Article  US Federal Reserve raise interest rates to 5.25%
The US Federal Reserve raised interest rates by 25 basis points last night to 5.25%   more »
View Article  The Jet to Let Bible - latest reviews

For the latest reviews of The Jet-to-Let Bible:  the secrets of overseas property investment please click

http://www.bewarethesharks.com/jet_to_let_bible.htm

 

   more »
View Article  UK property prices rising, but slowdown likely

House prices are still rising but the market is showing signs of slowing down, according to surveys.

House prices grew by 0.6 per cent over June, taking growth during the first six months of the year to 2.9 per cent, according to a survey by Hometrack, a property research company. ...   more »

View Article  Bank of England and the MPC

The sudden death on Wednesday of David Walton, an independent member of the Bank of England's monetary policy committee, has two implications for monetary policy. The first regards the direction of interest rates. Mr Walton supported the controversial interest rate cut last August. More recently he had become the MPC's ...   more »

View Article  Turkey to end 15% withholding tax for foreigners

In an effort to stem losses on its financial markets Turkey is to drop the 15 per cent withholding tax that it imposed on foreign investors in January.

The move brings Turkey into line with European Union rules for taxation of individuals, Kemal Unakitan, finance minister, said.

Under the proposals, ...   more »

View Article  UK property market - instant mortgages!

A number of specialist mortgage lenders are drawing up plans for instant mortgage approvals that would give house hunters access to immediate mortgage offers without even requiring them to obtain a formal property valuation.

The move comes as strong growth in the availability of electronic information accelerates the process of ...   more »

View Article  US interest rates to hit 6%???

Barclays Capital economists on Thursday joined the small but growing “6 per cent” club of analysts predicting that further US monetary tightening still lies ahead.

The Federal Reserve’s Open Markets Committee meets next week and is expected to raise its benchmark Fed funds rate by a quarter point to 5.25 ...   more »

View Article  "Financial Freedom" - owning your own time

Greetings from 35C and a beautiful clear blue sky here in Cyprus.  How the world has changed with the arrival of broadband internet and air-conditioning!  You can work from anywhere in the world as long as you are wired to the internet.

For many investors their ultimate goal is to ...   more »

View Article  UK commercial property slowdown

Demand for commercial property grew more slowly over the past six months than expected and is predicted to stay broadly unchanged over the next six, according to a survey published on Friday.

The news is likely to disappoint the many investors who have paid high prices for commercial property because ...   more »

View Article  Rising cost of living dents Dubai's attraction for expatriates

The rising cost of living associated with Dubai's frenetic development is taking its toll on the hundreds of thousands of expatriates who have made the Gulf city their home.

Soaring rent and the in-creasing cost of imports from Europe and Asia as a result of the dirham currency's peg ...   more »

View Article  Brazil - worth the trip

There are plenty of reasons to invest in the world’s fifth largest country and Luke Moore looks at why you’d have to be nuts not to consider it.

The idea of investing in the biggest of the South American nations is an increasingly alluring one for Jet-to-Let investors.  With a ...   more »

View Article  “Young Professionals Welcome…”

More 20-somethings are choosing to rent property, and Bewarethesharks.com’s Luke Moore is one of them.  What are the reasons for this growing trend and will it last?

The numbers of young people that are renting property has grown considerably in recent years.  This is clearly good news for buy-to-let investors ...   more »

View Article  New kids on the block

Luke Moore looks at some of the hotly tipped Jet-to-Let newcomers

Many would agree that ‘the next Spain’ is an overused phrase in the international property business.  It refers to the success that has been enjoyed along the Costa del Brits since mainly UK buyers bought properties in the area ...   more »

View Article  This is London calling…

High demand and low supply helps the capital outperform the rest of the UK market.  Luke Moore asks, will it last?

The property market in London continues to do well and accounts for the majority of the growth seen across the UK in recent months.  According to the Hometrack index, ...   more »

View Article  European Central Bank raises interest rates to 2.75%
European Central Bank raises interest rates to 2.75%   more »
View Article  Bank of England keeps interest rates on hold
Bank of England monetary policy committee votes to keep interest rates on hold at 4.5%   more »
View Article  UK house price increases falter

House prices rose by just 0.1% in May, the smallest monthly increase since January, the Halifax bank said.

 

May's rise was markedly below the 2.0% increase recorded in April. The annual rate of price increase stands at 9.1%.

 

"There are signs that housing market activity may be beginning ...   more »

View Article  US property market - surge in unsold property - could herald a cooling of the market

The number of unsold homes on the American market has risen by more than 1m over the past year, a gain of a third, increasing the prospect of a rapid cooling of the US property market.

The inventory of new and existing homes waiting for buyers is now approaching 4m....   more »

View Article  Property Networking, Liverpool 7 June 2006

A group of property investors will be meeting at the Blue Bar, Albert Dock, Liverpool Wednesday 7 June 2006 from 7pm onwards.

Any property investor is welcome to attend this informal social gathering.

Please address any queries to Luke Moore on 0151 482 5525.

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View Article  The Jet-to-Let Bible reaches Amazon bestseller spot before publication

The Jet-to-Let Bible: the secrets of overseas property investment has stormed to Number 1 Bestseller in its category on Amazon, even before a single page has been printed.  It is also in the top 10 of all property investment books, beating such notables as Donald Trump.

 

The book, ...   more »

View Article  UK property market revival may be short-lived

Separate reports on Wednesday showing disappointing mortgage data, a dip in consumer confidence and a slowdown in house price growth seemed to indicate the UK housing market revival could be short-lived.

 

Bank of England figures showed British mortgage approvals falling to a seven month low in April from 106,000 ...   more »