Property Investment News and Analysis from Dominic Farrell.
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View Article  US home sales figures fall back

Existing homes sales in the US dropped by 2.6% in April, making it the ninth month in a row that the volume of non-new build homes fell.

The National Association of Realtors (NAR) said that the pace of monthly sales, at 5.99 million units, was the slowest since June 2003. ...   more »

View Article  US slump draws buyers to Florida Market

A report from GE Money Home Lending claims a 100% increase in business this year. In spite of low house price inflation in the US, it remained steady at 9.5% in Florida last year, and the strength of Sterling against the Dollar is attracting more buyers and investors.

"The Florida ...   more »

View Article  House inflation slows

Hometrack's latest housing survey revealed that property prices went up by 0.6% during the month, down on the 0.7% rise recorded in April.

Annual house price inflation also slipped back from 6.8% to 6.7% in May. The average home in England and Wales now costs £175,600, Hometrack's figures showed.

Richard ...   more »

View Article  Taxman to ‘swoop’ on buy-to-let

HM Revenue & Customs will target tens of thousands of property owners who have failed to declare rental income or capital gains made from sales or claimed too much tax relief.

Revenue officers will be given powers to impose financial penalties which can be backdated six years and equal the ...   more »

View Article  Dominic Farrell - New development scheme

Dear Investor

It's a very warm start to the morning here in Cyprus and I am looking forward to jumping into my pool after writing this newsletter before going to the office for a couple of hours before hitting the beach this afternoon.

Why am I telling you this?

Well, ...   more »