Real Estate

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 […]

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

Posted by on 01/10/2010 at 9:37 pm

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 […]

Homebuying: A contract to keep the gazumpers from your door

Posted by on 29/09/2010 at 2:30 pm

Published by Guardian Esther Shaw and Jill Insley; Sunday 26 September 2010   A housing forum aims to do more to empower buyers, but are the upfront costs any guarantee of success? Homebuyers and sellers could have access to a new contract which reduces the risk of a sale failing as early as next year, […]

Private property rental demand increases

Posted by on 28/09/2010 at 12:22 am

Published by Property Community on Thursday, 23 September 2010   It has fallen from 3.6 weeks to 3.2 weeks compared with the previous quarter, the latest figures from the Association of Residential Lettings Agent (ARLA) show. The average number of new tenancies signed up compared to the preceding survey has also increased in line with […]

UK home repossessions and resultant shortfall debt

Posted by on 21/09/2010 at 3:33 pm

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

Posted by on 21/09/2010 at 3:21 pm

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 […]

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 […]

Estate agents turn gloomy on the UK market

Posted by on 15/09/2010 at 2:44 pm

Published by Financial Advice on Tuesday 14th September 2010   Estate agents in the UK have turned dramatically gloomy on the UK market with the latest survey from the Royal Institute of Chartered Surveyors showing that a balance of 32% more estate agents saw a reduction in prices in August compared to those who saw […]

House prices down 1.7%

Posted by on 19/08/2010 at 5:42 pm

Would you bother much? This is temporary and want stay ‘down’ forever. The article below gives more details. By Lee Boyce 16 August 2010 UK property asking prices fell for the second month in succession as the market was hit by over-supply and subdued activity in the summer holidays. The research by property website Rightmove, […]

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 […]