Tips for property investors
Now more than ever is when anyone thinking of making an investment in property should do some ground work before hand, especially after the recent collapse in the property sector. However, as with any fall such as we are experiencing this opens up the door for an investor who is able to buy in low [...]
June 9, 2009Existing loan books effecting market
The question being asked by potential borrowers in the UK is why after receiving billions of pounds from the government are lenders still not issuing mortgages at a rate that suits buyers.
The problem is that even after getting their hands on the governments handouts the lenders are still saddled with mortgages secured on properties that [...]
Johnny Depp and his private island
It is hard to imagine what living on a private island would actually be like until you have done it. One such person who owns an island is actor Johnny Depp, his island paradise is in the Caribbean.
The island is around forty five acres in size and is known as Little Hall’s Pond Cay. However, [...]
Millionaires drop by half
In 2007, there was an estimated 500,000 millionaires in the UK, but according to recent figures this has now halved to 250,000 and the main culprit is the fall in property values.
The research carried out by the Centre for Economics and Business Research found that in 2007, there were 489,000 millionaires in the UK, but [...]
The top property portals
Sometimes people use Google search results as a matter of course and the data provided is considered to be the best on the internet, hence the search engine dominance in the market.
However, there are concerns that Google’s results have become clouded somewhat through the introduction of monetisation of the search industry. There are other alternatives [...]
Battle over £2.7 billion property
When the eccentric property developer Nina Wang from Hong Kong died in 2007 it was clear that her will that left her £2.7 billion fortune to charity would stir up some interest from people who would contest it.
Nina was born into a poor family in 1937 and was married at eighteen; the couple’s property ventures [...]
Community spaces to get designer makeovers
The Times and MyDeco are currently running a campaign that will see public spaces around the country given a makeover by top British designer Sir Terence Conran and interior designer Tara Bernerd. Which is something very special indeed for the local community.
These public spaces do not have to be parks or open spaces either, [...]
Average UK rents
There has been much spoken about the value of property and how the market could be on the verge of bottoming out, but when it comes to rents there is never much said and yet the rental market is a significant part of the property sector.
The average monthly rent is currently £589.68 this is calculated [...]
Man sets house on fire chasing a spider
Some stories are just too odd to be true, like this guy in Portsmouth who clearly suffers from arachnophobia has apparently set his home on fire. Fortunately, for the man in his forties his home was not that bad, but it could have been so much different.
What is amusing in a crazy sort of way [...]
Improving the value of your property
These days any improvement to a property is going to be welcomed, it makes no difference if the property is up for sale, for rent or is a family home increasing its value in a cost effective way is an absolute no brainer, you would have thought.
The good thing about this is that for little [...]
Twitter updates UK property sites
The rise of Twitter has been strong recently and even in the property sector is seems that Twitter has made an impact as a great way to inform people of latest news and postings on their websites.
Virtually all areas of the property sector from estate agents, property portals and website owners are getting involved in [...]
Village put up for sale
As unbelievable as is it may sound, an entire village has been put up for sale. Most people may have thought that this sort of thing did not occur in this day and age, but clearly, there are although the owners of the village happens to be a charitable trust.
Linkenholt is a standard English village [...]
What is fractional ownership?
There is lot of talk about fractional ownership these days, it is like a timeshare for property owners who can buy a place in London that would normally be out of their reach, but at the same time, the owners share the costs.
However, what does fractional ownership mean? Below are the main points that make [...]
MP buys retirement home on expenses
MP’s expenses are a political hot topic at the moment therefore it’s sensible to take a look at one particular MP, Rudi Vis aged 68 naturally he his thinking of retirement and where better than the Suffolk coast?
However, the purchase of a £520,000 home for the North London MP has been made with expenses from [...]
MP tries to get second home planning permission
An MP representing Truro and St Austell has been calling for second home buyers to apply for planning permission to use these properties as a second home.
In a report, Matthew Taylor has suggested that any buyer looking a property to use a second home should have to apply for planning permission to change the use [...]
UK privacy group want street view closed
As with other countries where Google’s Street View has gone online, the complaints have come rolling in as the system goes live in the UK.
Almost immediately, after the launch people began airing their views, which are divided some feel that it is a good idea while others do not like it at all.
Enter Privacy International [...]
Scotland hit by the graffiti plague
Property in and around the north Scotland city of Aberdeen have become the unlikely victims of graffiti tagging.
The incidents have been happening all around the city and both public and private property is being affected causing considerable concern for people who finding that their property has become the latest victim.
It is estimated that the [...]
The state of the rental market
Usually when the price of property falls, the cost of renting increases and visa versa, but we find ourselves in an exceptional marketplace these days and due to the amount of property on the market at the moment, rental prices are also in the decline.
London is a good place to look as the market is [...]
Is renting better than buying?
A couple of years ago people who rented property were in fact simply throwing their money down the drain, whereas on the other hand those people with mortgages were in fact the shrewd investor who could only make money. How times have changed and yet is renting better than buying?
Some people believe so, at least [...]
Buying abroad tips
Some people are thinking that the property markets abroad are looking interesting, and when compared to the UK market maybe the time could be right for investing in a property abroad.
But buying abroad is not always as straight forward as we have got used to hear in the UK, there are many pitfalls that around [...]