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 […]
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 David Kyte This article concerns Transfers of Undervalue property. Put simply, a Transfer at Undervalue occurs where a vendor enters into a transaction on terms that provide for him to receive an amount significantly less than the value of the asset. The issues which this article goes on to explain will therefore affect all […]
General Examining the immediate area around a property is part science and part art. The purchaser needs to very analytically consider the factors regarding growth, demographics, employment, business investment. Competition and rent comparables are also quantifiable factors. … Read more here By Blake Dale Ratcliff from EZine Articles
