UK mortgage lenders must have taken a look at the future and seen that the lack of first time buyers buying property in the UK could well be their downfall. It is estimated that 17.3 million adults in the UK are unable to get on to the property ladder, with 7.4 million citing house prices […]
Mortgages for 50 years say first time buyers Read Post »
Righmove.co.uk the UKs largest property website has controversially signed a contract with the governments Valuation Office Agency (VOA). The contract will see Rightmove handing over data to the government that will help tax banding. The government department which is part of HM Revenue & Customs allocates council tax bands to every home in England
Rightmove property website in bed with the tax man Read Post »
Overseas property buyers may be changing their minds about emerging markets and look to Florida property as the US dollar continues to slide. It seems the ideal time to buy real estate in the sunshine state but is this really true? The Florida property market has always been an attractive place to buy overseas
Florida property time to look not buy? Read Post »
The Overseas mortgage industry is currently unregulated and standards vary considerably from region to region and from broker to broker. The UK Financial Services Authority reports that this situation is unsatisfactory and wants to break down the barriers of the cross border mortgage market. Unregulated overseas mortgages are leaving the FSA twitching about consumer
Overseas mortgages and the UK Financial Services Authority Read Post »
The International Monetary Fund (IMF) is continually striving to strengthen the process of reviewing issues relating to exchange arrangements, restrictions, and markets. At the core of one of its responsibilities is to issuing periodic reviews on the trends and developments. The International Monetary Fund (IMF) has released the staff report on the revised and extended methodologies
International Monetary Fund & Foreign currency exchange Read Post »
When you’ve invested in real estate in Chicago, Illinois, you already know what kinds of benefits you’re getting. It’s a great city with lots to do, excellent restaurants and exciting sporting events. You can live near the water without the problems of hurricanes and you get to enjoy all of the seasons – from brisk falls
The Windy City is Now the Tax-y City Read Post »
With the cooling UK real estate market and a dramatic increase in housing prices, those looking to sell property in the UK are having a hard time deciding what to do next. Interestingly enough, housing prices have increased by 5.3% in November 2006, while the preceding months of September and October only yielded 4.3% and
UK housing market forces buyers to property abroad Read Post »
Bulgarian property has been attracting the type of property investors who may have never considered buying property abroad. Snooker star Willie Thorne is one such potential buyer , he has recently set his heart on buying a house in Bulgaria. “Mr Maximum”, as he is known in the snooker world because he holds the record
British snooker star loves Bulgarian property Read Post »
The currently unregulated overseas property industry has seen some positive moves towards self regulation. One of these was the launch of The Association of International Property Professionals (AIPP) .The aim of the organisation was improve standards of professionalism in the international property market. Members are vetted and sign up to commit to industry standard
A year’s progress for The Association of International Property Professionals Read Post »
