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OECD SIGNALS TOUGH TIMES AHEAD FOR EXCHANGE RATES

London 23/11/09-The latest report from the OECD (Organisation for Economic Co-operation and Development) has cast further aspersions on the UK’s economic recovery – and worrying implications for the future strength of the Pound.   According to the widely-respected report, the OECD said that Britain is at risk of a “public debt spiral” unless the government […]

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Property Search Engine Globrix Technology Backfires

19/11/2009 London-Globrix have been inadvertently promoting one of the UK’s leading private sales websites The Little House Company owing to the indiscriminate use of its spider technology that takes property details from property websites without permission.   The News international backed Globrix website has a strict estate agent only policy and does not allow private

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Coral Lake & Beach Resort Receives Prestigious Award

Leading property professionals gathered in California yesterday as the results of the Americas Property Awards in association with CNBC Arabiya and the New York Times were revealed. The presentations were made during a networking event and gala dinner held at the US Grant Hotel in San Diego on Thursday evening (November 12th).   Undoubtedly, it

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Survey Reveals Investment Is Key For Overseas Buyers

A survey of over 1000 visitors at the overseas property portal Homesgofast.com reveals that investment was the number one reason why people seek to buy a  property abroad.   The survey was conducted in between September and November 2009 by the UK based overseas property portal Homesgofast.com. The website promotes 200,000 listings from over 50

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New Regulations Help Overseas Property Buyers

16th Nov 2009- The 1st November 2009 saw the new Payment Services Regulations (PSRs) came into effect. The regulation introduces new regulations for banks and large companies that deal with consumer money transfers. It serves to protect consumers transferring money abroad and has been welcomed by one overseas property company Homesgofast.com as a “Confidence Builder”  

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Foreign Currency Update On Sterling

Moneycorp Currency Brokers report that poor trade figures and positive UK house prices have equally little effect on the pound. US consumer confidence remains softer than analysts have been expecting. A roughly three-cent range took sterling occasionally above its September highs but the early August peak remained out of its reach. It opened in London this

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Buying Bulgarian Property Could Be Safer

Bulgarian real estate market has not had much to cheer about lately however the introduction on  January 1st 2010 of a new system where all real estate transactions in Bulgaria will be by law conducted via bank transfers may inspire more confidence from overseas property buyers.   The amendment to the Notary Act put forward by the Justice

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Travel From UK To Turkey Now Easier

More flights to Turkey are planned for 2010 making Turkey ebven more accesbileb for Turkish property investors and those seeking a second home in Turkey. An impressive expanded schedule of 17 flights from the UK to Turkey wuill come into place by Turkish low cost carrier Pegasus Airlines. Services planned for next year including London

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