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Thursday, February 28
GDP data confirms weak US growth
by
bewarethesharks
on Thu 28 Feb 2008 15:46 GMT
Wednesday, February 27
Dollar falls to record euro low
by
bewarethesharks
on Wed 27 Feb 2008 16:42 GMT
The dollar has fallen to a record low against the euro as traders bet that further interest rate cuts will be needed to stem a
NAEA sees optimistic start for property market.
by
bewarethesharks
on Wed 27 Feb 2008 16:37 GMT
According to the National Association of Estate Agents (NAEA), many of their members have reported a positive start for the New Year as recent figures from the monthly housing market survey indicate a new sense of optimism from consumers for 2008. Agents reported that the number of buyers on ... more » Tuesday, February 26
CML reports buy-to-let lending ‘up’ in 2007
by
bewarethesharks
on Tue 26 Feb 2008 16:56 GMT
New survey data from the Council of Mortgage Lenders shows that buy-to-let lending totalled £24.1 billion in the second half of 2007, up from £21.2 billion in the first half of the year and £20.8 billion in the second half of 2006. The number of loans (including remortgages) to ... more »
Bank mortgage lending subdued
by
bewarethesharks
on Tue 26 Feb 2008 16:47 GMT
Figures from the British Bankers Association (BBA) show that January's mortgage lending strengthened a little. The main high street banks approved 44,000 new mortgages for house purchase in January. Whilst this showed an increase on the figures for December 2007, it was 31% lower than a year ago. Approvals ... more »
More gloom for the US housing market
by
bewarethesharks
on Tue 26 Feb 2008 16:43 GMT
Prices of existing single-family homes in the Home prices fell 8.9% in the fourth quarter from a year ago, the largest decline in the two-decade history of the S&P/Case-Schiller index of ... more » Friday, February 22
Dominic Farrell: Greetings from Dubai and where next for Jet-to-Let Investments?
by
bewarethesharks
on Fri 22 Feb 2008 11:55 GMT
Dear Investor Greetings from the largest construction site in the world - yes, I’m in Dubai! It’s an incredible place, but more of this next week. Thursday, February 21
US Fed slashes growth forecasts
by
bewarethesharks
on Thu 21 Feb 2008 17:25 GMT
The US Federal Reserve has slashed its growth forecast for the The
NAEA urges chancellor to revise stamp duty
by
bewarethesharks
on Thu 21 Feb 2008 17:18 GMT
Stewart Lilly, president of the National Association of Estate Agents (NAEA), is calling on Chancellor Alistair Darling to use the March Budget to ease the immediate problems facing people in the housing market today. With first-time buyers being priced out of the market at the bottom end the NAEA ... more »
UK outlook brightens amid gloom
by
bewarethesharks
on Thu 21 Feb 2008 15:17 GMT
January is the time when people feel the financial pinch: bills from Christmas fall due and, at the end of the month, the taxman demands a large cheque for unpaid income tax. Britain plc may have gritted its teeth before reluctantly opening its wallet. But for Alistair Darling, the ... more » Wednesday, February 20
Three lenders scrap 125% mortgage deals as criticism increases
by
bewarethesharks
on Wed 20 Feb 2008 17:16 GMT
Three mortgage lenders yesterday pulled the plug on deals that allow home buyers to borrow as much as 125% of a property's value - the day after Northern Rock came under fire for offering similar deals. It is the latest evidence that banks and building societies are tightening their ... more »
US consumer confidence plummets
by
bewarethesharks
on Wed 20 Feb 2008 16:52 GMT
Confidence among US consumers has fallen to a 16-year low, as fears grow about a recession and job cuts, a closely-watched survey has found.
The The report said the index had only ... more »
11% growth in gross lending in January
by
bewarethesharks
on Wed 20 Feb 2008 16:49 GMT
Gross mortgage lending rose to an estimated £26.5 billion in January, up 11% from £23.9 billion in December, and reached a similar level to January 2007 when it was £26.6 billion, according to the Council of Mortgage Lenders. This is a good performance given the unsettled market conditions since ... more » Thursday, February 14
Bulgaria's Growing Economics Risks Tripping Up
by
bewarethesharks
on Thu 14 Feb 2008 13:38 GMT
Every day Bulgaria proudly announces yet another foreign investment project for a new shopping mall, a golf course or a residential complex. But investing in construction alone cannot bring long-term prosperity to the poorest European Union member. Bulgaria's problems, Reuters quoted experts as saying, included underinvestment in infrastructure and manufacturing, ... more »
Dominic Farrell: Fitch downgrades Bulgaria and Romania from stable to negative
by
bewarethesharks
on Thu 14 Feb 2008 11:57 GMT
Dear Investor
Liverpool managed a draw on Sunday in a very dull game against Chelsea at Stamford Bridge. But it was a pleasure bumping into a subscriber to this newsletter on the way to the ground – best wishes to Chelsea fan Bernie. I have a busy two weeks coming ... more » Tuesday, February 12
UK inflation lower than feared
by
bewarethesharks
on Tue 12 Feb 2008 15:42 GMT
Inflation was lower than feared in January after a sharper than expected fall in the cost of clothing and footwear offset higher food, transport and energy prices. The consumer prices index (CPI) increased by 2.2pc, less than most economists' forecast of 2.3pc, although this was still the biggest increase ... more »
US economy 'will avoid recession'
by
bewarethesharks
on Tue 12 Feb 2008 15:38 GMT
The Friday, February 8
New German mortgage products for self employed buyers
by
bewarethesharks
on Fri 08 Feb 2008 17:05 GMT
Spanish-based mortgage broker Capital Financial Partners (CFP) is offering agents with access to self-employed buyers a range of new mortgage products for investing in German property. The 100% interest only mortgage is set at an interest rate of under 6% for a 12 year period. The 40% deposit required ... more »
More gloom for US housing market
by
bewarethesharks
on Fri 08 Feb 2008 14:32 GMT
The number of pending home sales in the The index, compiled by the National Association of Realtors, fell to its second lowest reading on record. The data measures deals where ... more »
Dominic Farrell: Romanian base rates - UK base rates - A company of property investors - Romanian Central Bank Raises Interest Rates by 100bps
by
bewarethesharks
on Fri 08 Feb 2008 12:00 GMT
Dear Investor
We have just finished a very busy week, speaking to well over 300 investors over the phone. Fortunately I have a great team, so still have my voice. I came down to London for a gathering last night and will stay on to watch Liverpool against Chelsea at ... more » Thursday, February 7
Bank cuts interest rates to 5.25%
by
bewarethesharks
on Thu 07 Feb 2008 12:50 GMT
The Bank of England's rate-setting committee has cut interest rates to 5.25% from 5.5% in an attempt to stimulate growth in the But the Bank of England said that growth needs to slow to keep inflation under control. The decision follows recent rate cuts by the ... more » |
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