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 […]
By ILONA BILLINGTON LONDON—U.K. house prices fell in July for the first time in a year as the number of new properties for sale outpaced demand from more cautious buyers and further price declines look likely over the coming three months, the Royal Institution of Chartered Surveyors said Tuesday. A separate survey of retail […]
What a mess 🙂 This completely contradicts what Capital Economics said recently in the same source. Published by: Financial Advice The Centre for Economics and Business Research (CEBR) recently released its view on the UK property market which would appear to be in direct conflict with a number of downbeat statements […]
Article published by Financial Advice While the National Institute of Economic Research has today issued a report regarding the UK property sector, with a forecast that house prices will fall by 8% in real terms by 2015, this is not the worst forecast currently in the marketplace! A report by Capital Economics today […]
By Merryn Somerset Webb and published in FT.com The indefinite suspension of National Savings & Investments (NS&I) Index-Linked saving certificates earlier this week has irritated savers (see page 2). And for very good reason. Without them there is absolutely no way to earn a real return on cash without taking a certain amount of risk. […]
PropertyWire 14 July 2010 The latest property price index from the UK government shows that values were still rising in May and suggest the market, although slowing, is doing better than other reports suggest. The UK house price index produced by the department of Communities and Local Government includes data based on mortgage completions during […]
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 […]
