The annual survey by International Financial Services London (IFSL) reports that the Average daily turnover on the UK’s foreign exchange market reached $1.1 trillion in April 2006, up 41% from the previous year IFSL’s who produced the report is the only independent cross-sectoral organisation representing the UK financial services industry. IFSL serves the UK […]
Foreign currency exchange UK leads the way Read Post »
Overseas mortgages in Spain France and Bulgaria are set to be the big areas of business for specialist overseas mortgage brokers. The three popular overseas property locations are set to be in line for top overseas mortgage distribution by 2020. A study conducted by Alliance & Leicester Mortgages revealed the expected future for
Overseas mortgages Spain France & Bulgaria set for the top Read Post »
According to the November issue of Quest Bulgaria, the specialist English monthly magazine about Bulgaria and Bulgarian property, tourist numbers are increasing by 22% a year and property prices have increased by as much as 30% in the past three years. The boom is having a knock-on effect on the buy-to-let market. A three bed-roomed
Property in Bulgaria a buy to let success Read Post »
The rental market is a huge sector in Australia and a shortage of new homes is set to strengthen landlord returns. The ANZ Bank’s latest property report states “shortage of dwellings and the flight of investors from the residential sector are causing a decline in rental vacancies and placing upward pressure on rents”. Research at
Australian property a housing market in waiting Read Post »
Californian home owners and Californian house buyers receive news this week that could change both their fortunes. Bloomber.com report worrying news in the Californian housing market concerning California mortgage defaults. Mortgage arrears and subsequent defaults rose to their highest level in four and a half years. Banks and other mortgage providers sent 26,705 default notices
Californian real estate winners and losers Read Post »
Demand for French ski property has increased as British skiers turn to buying French Ski property rather than renting. Marr International Ltd the company behind overseas property web site Homesgofast.com report a 30% increase in enquiries for French Ski property compared to this time last year. Nicholas Marr CEO ‘ On speaking
French Ski property better for British skiers Read Post »
Currency brokers MoneyCorp and HIFX release reports concerning the overseas property market. HIFX, the currency specialist, released a report concerning trends for British buyers when buying property abroad. September 2006 sees investment in Bulgaria and Romania rise in popularity following the European Commission’s announcement that both countries will be admitted to the EU in
Overseas property and currency brokers Read Post »
South Florida property prices are becoming beyond the reach of key workers in the sunshine state. New residential towers being built in Miami-Dade and Broward counties are now beyond the reach of teachers or public servants and other key workers. Calls are being made by Florida home owners for State legislators to help by lifting the
Florida property tax reforms Read Post »
Bank rate rises in the UK are looking more likely as economic indications point toward an economy that is producing higher inflation and a housing market that shows no signs of cooling down. Rightmove property website reports that August rate rises have done nothing to slow the progress of rising UK property prices. Rightmove’s House
Rightmove house price index and inflation rises Read Post »
