Real Estate

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

Posted by on 22/12/2010 at 10:00 am

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 […]

Rents rise to record high

Posted by on 21/12/2010 at 8:49 pm

Published by The Local on Tuesday, 21 December 2010   The cost of being a tenant rose to a record high during November as rents increased for the 10th consecutive month, but costs dropped by 3.1% in East Anglia, research shows. The average UK rent jumped to £692 a month in November, the third month […]

Repossessions to rise in 2011 lenders forecast

Posted by on 16/12/2010 at 4:35 pm

Published by Property Community on Wednesday, 15 December 2010 by Ray Clancy   Mortgage arrears and repossessions will rise modestly next year, the Council of Mortgage Lenders (CML) predicts. Its annual forecast for the UK property market paints a picture of continued stagnation, with the current low level of sales persisting, and prices falling modestly […]

More gloom for UK property market as demand and prices fall

Posted by on 16/12/2010 at 5:30 am

Published by Property Community on Tuesday, 14 December 2010 by Ray Clancy   The residential property market in the UK is likely to remain subdued in the coming months as lack of demand means prices are falling, the latest high profile real estate reports show. Surveyors’ expectations for property prices over the next three months […]

British buyers snap up US repossessions

Posted by on 15/12/2010 at 6:40 pm

Published by The Independent on Sunday 12 December 2010 by Chiara Cavaglieri   The collapse of large sections of the American housing market has given property hunters in the UK a lucrative investment opportunity. The world of property can be harsh in the extreme, with one person’s misery being another one’s profit. Nowhere is this […]

UK Property – The Year Ahead

Posted by on 15/12/2010 at 3:36 pm

Published by Market Press Release on Sunday 12 December 2010   TheAdvisory stares into the crystal ball (or maybe the crystal whiskey glass) to forecast what will transpire in the property world in 2011. The trend towards tightening mortgage conditions will continue for the first half of the year, with lenders remaining reluctant to extend […]

UK property market likely to be fairly stable in 2011

Posted by on 05/12/2010 at 2:36 pm

Published by Property Wire on Thursday, 02 December 2010   Next year is likely to be more of the same for the UK real estate private lettings market with tenant demand remaining high, it is claimed. The autumn has seen demand from tenants increase by 32% compared to the same period last year with rental […]

Mixed outlook for main UK real estate sectors

Posted by on 28/11/2010 at 5:12 pm

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 […]

Quality matters as the UK property market slows

Posted by on 17/11/2010 at 7:37 pm

Published by Property Wire on Tuesday, 16 November 2010   As the UK residential real estate market begins to slow down the value gap between the best properties on the market and the rest is widening, according to a new analysis. Best in class properties have fallen an average of just 1.4% over the past […]

First-Time Homebuyers in UK Return After Prices Decline Rightmove Says

Posted by on 11/11/2010 at 11:23 am

Published by Bloomberg on Monday, November 8th, 2010   The number of Britons planning to buy a home for the first time has increased as the prospect of falling prices bolsters demand, Rightmove Plc said. The proportion of people who intend to buy a home in the coming 12 months and who will be making […]