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UK property sector influences strength of Pound

The Pound has been making back ground following the steep drop bought on by the surprise contraction in GDP figures on Tuesday. Yesterday’s Bank of England minutes indicated that policymaker Martin Weale joined Andrew Sentence in voting for a 0.25 percent interest rate rise which will have aided Sterling slightly. However an interest rate rise […]

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British Boost French Property in The Dordogne

France has always been a firm favourite for The British seeking overseas property that offers easy accessibility and favourable prices. One region that has emerged as a hub of activity for British buyers is The Dordogne.    More than 6,000 British nationals currently live in what has become known as Dordogneshire and the latest evidence

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Florida Property Sales Increase

Signs that the Florida property market is becoming more buoyant come from figures released by the National Association of Realtors and Florida Realtors. The figures indicate that December 2010 saw sales of existing homes and condominiums in Florida rise. Industry experts feel that this may help buyer confidence especially from overseas investors.   The encouraging housing

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UK Below Brazil In Economic Optimism Poll

A survey that questioned 64,000 people in 53 countries which aimed to measure levels of optimism about personal well-being and the state of the economy in 2011. In Gallup International’s ‘Global Barometer of Hope and Despair’, Brazil, China and India emerged as having the most upbeat populations whilst those in the UK were particularly pessimistic

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Spanish Court Rule Banks Liable For Property Deposits

A Spanish judge has deemed a bank responsible for protecting a client’s funds, the ruling see Caja Cantabria, as having failed in its duty and ordered them to issue a full refund of both deposit and stage payments to a Spanish property buyer Daren Wallbank, Director of ReclaimYourDeposit.com, comments, “Although bank guarantees were seen as

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Tour Operator Enters Overseas Property Sector

tour operator Mark Warner has entered the overseas property industry with a portfolio of property for sale in the Austrian Alps . The company states that it is positioning itself for the recovery of the international real estate sector. Mark Warner Property specialises in the sales and marketing of niche developments in the Austrian alps. Mark Chitty –

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New French Property Tax Law Helps Holiday Homes

A French property tax relief known as ‘Furnished Holiday Lettings’ (‘FHL’) has been under government scrutiny with plans to tighten up the tax rules. Finally draft legislation has been published setting out the future tax treatment of an FHL business. Owners and prospective buyers of French property may find it possible to save considerable sums

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Pound Set To Push The Euro?

Over the past two weeks, the Pound has moved up from the 1.16 levels against the Euro, first reaching the 1.20s and then faltering again at the end of last week to find itself at around the mid 1.19s at the start of this week.   For anyone UK-based buying property in Europe, a change

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