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Monday, March 31
Gordon Brown plans cheap rural homes
by
bewarethesharks
on Mon 31 Mar 2008 10:43 BST
Thousands of low-cost homes are to be built in rural areas as part of Government plans to help local people who have been priced out of the housing market. The scheme, ordered by Gordon Brown, would see dozens of communities built alongside market towns. The plan is part of a ... more » Friday, March 28
Dominic Farrell: Dominic Farrell’s latest development pre-launches in April 2008
by
bewarethesharks
on Fri 28 Mar 2008 11:37 GMT
Dear Investor
I hope you had a great Easter break and if you are still on it, then why are you reading this? We have a particularly busy period coming up with the launch of our new 5* Spa Resort in the heart of the Cypriot village of Tersefanou on ... more » Monday, March 24
U.S. existing home sales post surprise rise
by
bewarethesharks
on Mon 24 Mar 2008 10:35 GMT
Sales of U.S. existing homes rose in February for the first time since July as prices posted a record drop from their year-ago level, but economists said it was unlikely the market had reached a bottom. The National Association of Realtors on Monday said sales of previously owned homes rose ... more » Friday, March 21
Tempers cool but markets remain icy
by
bewarethesharks
on Fri 21 Mar 2008 14:33 GMT
It was billed as a showdown between the heads of Britain's biggest retail banks and the Bank of England. In private, the executives had been talking it up all week. The Bank should be more like the US Federal Reserve, they argued: pour money into the banking system, lend for ... more » Thursday, March 20
US housing market given $200bn lift with extra cash for Fannie Mae and Freddie Mac
by
bewarethesharks
on Thu 20 Mar 2008 17:27 GMT
About $200 billion (£99.6 billion) of extra mortgage financing is to be made available to would-be homeowners in the United States after a key regulator reduced the amount of capital that the two biggest housing financiers must hold in reserve. The Office of Federal Housing Enterprise Oversight has reduced the ... more » Sunday, March 16
Bear Stearns crisis sparks UK recession fears
by
bewarethesharks
on Sun 16 Mar 2008 17:22 GMT
Millions of British households face soaring mortgage rates and tumbling house prices after the global financial crisis triggered the near-collapse of one of the world's biggest banks. Experts warned that there is now an increased likelihood of a recession and a painful housing slump, after Bear Stearns - America's fifth ... more » Friday, March 14
Welsh town sees ‘largest rise’
by
bewarethesharks
on Fri 14 Mar 2008 16:04 GMT
Merthyr Tydfil has recorded the largest property price rise per square metre in the UK in the latest Halifax house price index.
Unlike the main index, the house price index per square metre is adjusted to consider differences in property size and type across different areas of the country. According ... more » Thursday, March 13
Dominic Farrell: 2008 UK Budget and Investment Opportunities are Everywhere!
by
bewarethesharks
on Thu 13 Mar 2008 11:47 GMT
Dear Investor We’ve had a busy week. The Investment Strategy Meetings (ISMs) went very well in Dublin with Doug Shannon having a very full day and night! At the weekend, my Jet-to-Let Magazine staff exhibited at the Homebuyer Show in London and had hundreds of new subscriptions whilst I reminisced ... more » Wednesday, March 12
Germany defies economic gloom
by
bewarethesharks
on Wed 12 Mar 2008 12:35 GMT
Evidence mounted yesterday that
Darling prepares for first Budget
by
bewarethesharks
on Wed 12 Mar 2008 12:29 GMT
Chancellor Alistair Darling is expected to announce higher taxes on alcohol and the most polluting cars in his first Budget, due to start at 1230 GMT. Reports suggest he may also replace air passenger duty with a tax on flights. But the BBC has learned he will delay a ... more » Tuesday, March 11
CML reports monthly fall in lending
by
bewarethesharks
on Tue 11 Mar 2008 16:21 GMT
Data released by the CML today clearly shows the impact that ongoing financial turmoil is having on the mortgage market. First-time-buyers typically took out loans for 88% of the property’s value in January, down from 90% in December and January 2007. Home movers typically borrowed 70% of the property’s ... more »
NAEA’s concern over HIPs outcome
by
bewarethesharks
on Tue 11 Mar 2008 14:51 GMT
The National Association of Estate Agents (NAEA) has stated its concern over claims that the Department for Communities and Local Government (CLG) is trying to cover up much of the MORI research into the Home Information Pack Area Trials. Last week the Government released details of the HIPs ... more » Monday, March 10
FTBs suffer ‘doubling’ stamp duty bill
by
bewarethesharks
on Mon 10 Mar 2008 16:16 GMT
The average stamp duty bill for FTBs has almost doubled over the last five years, reveal new figures from The average bill in 2007 was £1,751 compared with £960 in 2002 – a rise of 82%. In the south-east, south-west and east of Thursday, March 6
Uncertainty benefits established investors
by
bewarethesharks
on Thu 06 Mar 2008 14:58 GMT
Established investors are likely to continue to benefit from uncertainty in the housing market, claims The Royal Institution of Chartered Surveyors (RICS).
The latest RICS Lettings Survey also revealed that demand for rental properties continue to grow as rental yields increase. However, access to the buy-to-let market became harder ... more »
Bank holds rates at 5.25%
by
bewarethesharks
on Thu 06 Mar 2008 13:42 GMT
The Bank of England left interest rates steady at 5.25% at its monthly meeting today as it balanced a weaker outlook for growth against inflationary pressures from rising food and energy prices. The monetary policy committee had been unanimous in approving last month's interest rate reduction but this time ... more » Wednesday, March 5
US economy in slowdown says Fed
by
bewarethesharks
on Wed 05 Mar 2008 23:47 GMT
The The report also cited rising materials and energy prices, ... more » Tuesday, March 4
NAEA calls for rate reduction
by
bewarethesharks
on Tue 04 Mar 2008 15:41 GMT
The National Association of Estate Agents (NAEA) is calling on the Bank of England to reduce interest rates to 5% on Thursday. Peter Bolton King, Chief Executive at the NAEA, comments: “There is an ongoing lack of confidence in the housing market and the Bank of England needs to ... more » Monday, March 3
Sizzling Sicily ‘taking off’
by
bewarethesharks
on Mon 03 Mar 2008 17:19 GMT
The property industry on the Comiso Airport is being rebuilt on the grounds of a disused World War II military airbase ... more »
Property prices fall in February
by
bewarethesharks
on Mon 03 Mar 2008 17:17 GMT
House prices fell in February by 0.5%, says the latest survey from Nationwide. The fourth consecutive monthly fall in property prices pushed the cost of the average The annual rate of house price inflation fell from 4.2% in January to 2.7% in February, the ... more »
Dominic Farrell: Prices fall 20% in Riga and Property Course in London 15th March
by
bewarethesharks
on Mon 03 Mar 2008 11:51 GMT
Dear Investor I am now back in Liverpool after interesting and successful visits to Bahrain and Dubai. Dubai is a place of superlatives and the phenomenal vision of the ruling family has to be admired and respected. Whether I would invest there is another matter and one which we will ... more » |
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