Property Investment News and Analysis from Jet-to-Let Magazine

The UK’s housing market, like the weather, remained unseasonably warm in September, with August’s rate rise failing to cool the pace of house price inflation according to the latest figures from Nationwide released on Thursday.

The building society said house prices rose by 1.3 per cent in September ... more »

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Friday, September 22

Jet to Let joy as sterling hits a 2 year high

by Jet-to-Let Magazine on Fri 22 Sep 2006 10:46 BST

Sterling hit a two-year high against currencies of major trading partners and a 15-month peak versus the euro, buoyed by expectations the Bank of England would raise interest rates in November, but may be due for a correction if it does not manage to break 1.9040 against the dollar. Recent ... more »

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Thursday, September 21

Slower growth seen in Eurozone property prices

by Jet-to-Let Magazine on Thu 21 Sep 2006 15:47 BST

Eurozone house price growth is cooling markedly in parallel with a slowdown in US housing markets, according to bankers and economists.

The deceleration in the eurozone has gone largely unnoticed, partly because of the lack of up-to-date and comparable statistics in the 12-country region, and is probably not as pronounced ... more »

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Dominic Farrell warns against "blind" property investing

by Jet-to-Let Magazine on Thu 21 Sep 2006 10:22 BST

I have returned from the idyllic island of Cyprus and fabulous temperatures in the mid 30 degrees centigrade and have just completed a “Fundamentals…” course in London over the weekend. I really enjoy these opportunities to interact with so many people who have the common goal of creating wealth through ... more »

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More Jet to Let buyers opt for local lenders

by Jet-to-Let Magazine on Thu 21 Sep 2006 10:18 BST

A growing number of overseas property buyers are financing purchases with local currency mortgages, writes Sharlene Goff in London.

Lenders' criteria have been relaxed in relation to the established markets such as France, Spain and Italy, although obtaining finance in areas such as Bulgaria and Turkey is still quite tough.... more »

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Tuesday, September 19

Cyprus property price inflation accelerates in August

by Jet-to-Let Magazine on Tue 19 Sep 2006 11:29 BST

Residential house prices rose for their sixth consecutive month in August.

Prices increased by 1.6% month on month in August.

On a year on year basis, prices are accelerating. Residential house prices rose by 10.3% year on year in August--the highest year-on-year growth on record.

Source: Financial Mirror

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Thursday, September 7

Halifax reports strong UK property price growth

by Jet-to-Let Magazine on Thu 07 Sep 2006 13:09 BST

UK house prices rose at a blistering rate in August, suggesting the Bank of England’s interest rate rise at the start of the month has so far done little to cool the property market.

Halifax, the country’s biggest mortgage lender, on Thursday said prices rose 1.0 per cent on the ... more »

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Bank of England hold interest rates at 4.75%

by Jet-to-Let Magazine on Thu 07 Sep 2006 13:05 BST

The Bank of England held interest rates at 4.75 per cent on Thursday, choosing not to shock markets with a rise for the second month running.

Economists and investors in financial markets expected the Bank to sit tight this month and had been betting that there was almost no chance ... more »

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Friday, September 1

Cyprus economy continues to grow strongly

by Jet-to-Let Magazine on Fri 01 Sep 2006 13:44 BST

Cyprus economy continues to grow strongly

Cyprus GDP grew in real terms during the second quarter of 2006 by 3.7% year on year. This continues the robust performance of the economy and is in line with expectations.

Indicative indices on the performance of various economic activities during ... more »

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Dominic Farrell urges caution on some Eastern European markets

by Jet-to-Let Magazine on Fri 01 Sep 2006 10:23 BST

We are now back from our August break and looking forward to the rest of the year and all the investment opportunities it will bring. We had a fabulous time over the last three weeks and met some great people on our travels from Johnny Ball to P.D. James and ... more »

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European Central Bank hints at interest rate rises

by Jet-to-Let Magazine on Fri 01 Sep 2006 09:42 BST

The European Central Bank stepped up its inflation warnings on Thursday as it hinted strongly that interest rates would rise in October, and probably again in subsequent months.

Jean-Claude Trichet, the bank's president, announced significant upward revisions to the ECB's inflation forecasts for this year and next. He said "strong ... more »

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