Tag Archive

UK scammers

Published on 06/03/2011 By Tomas

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 […]

Low cost property auctions

Published on 01/02/2011 By Tomas

Published by Property Wire on Thursday, 27 January 2011   Property auctions could be set to become more popular in the UK with more estate agents likely to take up the model as a low cost and efficient selling method, it is claimed. According to Network Auctions, the national auctioneering firm partnering with estate agencies, […]

UK property rents fall for first time in 11 months

Published on 29/01/2011 By Tomas

Published by Property Community on Monday, 24 January 2011 by Ray Clancy   Property rents in the UK have fallen for the first time in 11 months, dropping by 1.2% in December to an average £684 per month, according to a new report. Rents fell for the first time since January 2010, according to the […]

Housing market confidence warning

Published on 10/01/2011 By Tomas

Published by The Press Association on Monday, 10 January 2011   Confidence in the housing market has fallen to its lowest level for two years as people worry about Government spending cuts and the ongoing problems in the mortgage market, a survey suggested. Only 54% of homeowners think house prices will increase in the coming […]

Ireland’s ‘bad bank’ NAMA becomes one of world’s biggest property lenders

Published on 22/12/2010 By Tomas

Published by The Guardian on Tuesday, 21 December 2010 by # Lisa O’Carroll and Elena Moya   National Asset Management Agency takes over developers’ loans worth €70bn, acquiring some of London’s best-known landmarks including Battersea power station Ireland’s controversial new “bad bank” has overnight become one of the biggest property banks in the world after […]

Mixed outlook for main UK real estate sectors

Published on 28/11/2010 By Tomas

Published by Property Wire on Friday, 26 November 2010   UK real estate sectors face a mixed outlook going into the New Year as overall the pace of economic recovery slows down in 2011, according to property consultants. Few office schemes are expected to get off the ground in 2011 although investors are actively seeking […]

UK real estate agents reminded of need to register with money laundering scheme

Published on 01/10/2010 By Tomas

Published by Property Wire on Friday, 01 October 2010   Real estate agents in the UK are being warned that those failing to register with the Office of Fair Trading’s money laundering scheme are facing stiff financial penalties. Publishing it interim policy on imposing financial penalties on estate agents and certain credit lenders, the OFT […]

Report Warns of a House Price Crash

Published on 22/09/2010 By Tomas

Published on Mortgage Rates By Mark Johnston, Saturday, 18th September 2010   The Bank of England has released figures that show a large drop in mortgage lending. The figures reveal that net lending has plummeted from %18 million in June to just £86 million in July. Net lending is the totally UK mortgage market with […]

UK home repossessions and resultant shortfall debt

Published on 21/09/2010 By Tomas

Published on Hellium By Katerina Nikolas   Home repossessions are still at high levels in the UK. Those who fall into arrears on their mortgage by missing a payment need to be in contact with the lender and try to sort out a solution to the problem. Those who simply ignore the collections calls and […]

London calling: Asia investors load up on UK property

Published on 21/09/2010 By Tomas

Published on Reuters By Lee Chyen Yee, HONG KONG | Wed Sep 15, 2010 8:59am EDT   (Reuters) – Without ever setting eyes on the property, Hong Kong resident Irene Chu snapped up a flat 6,000 miles away in London, a city she has visited but has no intention of ever living in. “I’m not […]