Important

UK residential property letting agents urged to check terms and conditions

Posted by on 24/07/2011 at 2:58 pm

Published by Property Wire on Thursday, 21 July 2011   The Office of Fair Trading in the UK is warning the letting agents sector to check that their terms and conditions are fair and transparent as it publishes an evaluation of its consumer enforcement case against Foxtons for breaching the Unfair Terms in Consumer Contracts […]

Manchester tipped as property investment hot spot

Posted by on 30/06/2011 at 10:15 pm

Published by Property Wire on Tuesday, 28 May 2011   Manchester, known across the globe for having one of the world’s most famous football clubs, has come a long way over the years and is now firmly one of England’s biggest and most popular cities not just for football or leisure attractions, like The Trafford […]

UK scammers

Posted by on 06/03/2011 at 7:06 pm

Scam warning over land investment promises Published by All Voices on Saturday, 5 March 2011 by Ethel Smith   The UK has been dubbed by many, “rip off” Britain. Somewhere along the line the traditional British values of decency and fair play have gone astray. That is not to say that every person in the […]

Citi raises $530 mln for UK commercial property fund

Posted by on 12/02/2011 at 3:27 pm

  Fund offered to rich investors in EMEA, Asia; Seeking investments in UK commercial real estate   Published by Reuters on Thursday, 10 February 2011 by Chris Vellacott   LONDON, Feb 10 (Reuters) – Citigroup (C.N) has raised 330 million pounds ($530.9 million) via its private bank for a fund managed by Threadneedle that will […]

Is inflation the real threat to the UK property market?

Posted by on 21/01/2011 at 6:14 pm

Published by Property Community on Wednesday, 19 January 2011 by Ray Clancy   Over the last few months there has been major concern regarding the flow of funding to the UK mortgage market that has impacted on property prices and the demand for UK property. However, yesterday’s news that the consumer price index has risen […]

Landlords Petition Downing Street Over “Unscrupulous Tenents”

Posted by on 10/11/2010 at 1:33 am

Published by Residential Landlord Association on Monday, November 8th, 2010   The Residential Landlords Association is adding the voice of its member landlords from the private rented sector to a major Downing Street petition next week. Their target is the country’s “unscrupulous tenants” who use the law to live rent free while hiding behind a […]

How social tenure in the UK affects new build property developments

Posted by on 06/10/2010 at 3:58 pm

Published by Hellium by Katerina Nikolas on 02 October 2010   When the Thatcher government introduced the right to buy scheme for council house tenants, the best of the council house stock was bought up. Some neighbourhoods underwent much improvement as previous tenants became more committed within the communities and new pride in their homes […]

Standard & Poor’s warns of wave of house repossessions

Posted by on 15/09/2010 at 3:00 pm

“Standard & Poor’s ratings agency says planned spending cuts and tax rises may lead to many more house repossessions”   Published on Guardian By Larry Elliott, Monday 9th September 2010   The government’s planned spending cuts and tax rises could trigger a fresh wave of house repossessions as hard-pressed borrowers find it impossible to meet […]

High Rent Residential Tenancies – Landlords Beware

Posted by on 10/08/2010 at 9:07 pm

Source: Grant Saw Solicitors … The new law, the Assured Tenancies (Amendment) (England) Order 2010 which comes into force on 1 October 2010 is retrospective in that on that day any tenancy whose rent is more than £25,000.00 and less than £100,000.00 will be converted from an unregulated tenancy to an AST. Landlords who have […]

New FSA Rules

Posted by on 28/06/2010 at 10:15 am

“New protection for struggling homeowners” Source – Moneyfacts.co.uk New rules are to be introduced which will ensure there are proper protections in place for vulnerable homeowners in arrears on theirmortgages or people entering sale and rent back agreements. The Financial Services Authority (FSA) has said customers in arrears must be treated fairly by firms and […]