Bloomberg – 15 July 2010 Editors: Andrew Blackman, Ross Larsen The British monarchy’s property manager may revive a plan to sell a stake in Regent Street, in the heart of London’s West End shopping district. The Crown Estate, which oversees real estate that the monarchy handed over in 1760 in exchange for annual payments, is […]
Source – iMarketNews.com LONDON (MNI) – Growth in UK house asking prices slowed further in June, rising only 0.1% month on month and up 2.1% year on year, housing market intelligence company Hometrack said. In May, prices had risen by 0.2% and by 2.0% on the year. Growth in demand, in terms of new buyers […]
“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 […]
by Simon Zutshi from Property Investor Network Given the huge Budget deficit that the country is in, I don’t think the new budget is all that Bad! It could be a lot worse. Yes it is a shame that VAT is going up to 20% which is very high but will that extra 2.5% have […]
Published 10 June 2010 Housing Minister Grant Shapps has today announced that he will be scrapping plans to introduce new regulations on private landlords. There are one million landlords in England – nearly three quarters of which are individuals who may be renting a single room out. Of the three million private tenants in this […]
Published by: Communities & Local Government The Government has announced the suspension of Home Information Packs with immediate effect from 21 May 2010. Homes marketed for sale on or after 21 May 2010 will no longer require a Home Information Pack (HIP). The Energy Performance Certificate (EPC) will be retained. Sellers will still be required […]
The Mortgage Works as the first announced 80% LTV Mortgage. With 1 year fixed at 4.69% with a 2.50% arrangement fee and 3 year fixed at 5.99% with a 3.00% arrangement fee this sounds interesting. More details. Other lenders announcing plans to relax their lending criteria and property investors throughout the UK have been celebrating […]
From – PropertyNOOB Very interesting article and further guidance on how to cope with ‘chain’ issues and how to resolve it or not fall into. You may notice the phrase ‘no onward chain‘ in some property advertisement. What does ‘chain‘ in this context mean? What is a chain? A property chain is a line of […]
Property News from Aboutproperty.co.uk A shake-up in how property is sold could help Brits get a better deal, a report from the Office of Fair Trading (OFT) has suggested. Industry expert David Amstell, founder of property website Briffy.com, explained that new regulations to allow vendors to put their homes online themselves would “cut out the […]
I wish you all my Dear readers the greates successes in the 2010. Will it be in property investing or in your private life or in a professional carrier have the bast ever year, time and money you can get! Let this year 2010 be your ground floor for all new challenges and good experiences. […]
