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 [...]
May 4, 2009Man 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 [...]
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 [...]
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 [...]
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 [...]
Fortuna Estates raided by police
Spanish property investment firm Oanna Group, which used to be known as Fortuna Estates had an early morning visit from the Spanish fraud squad at their office on the Costa del Sol, two people were arrested and twenty other were questioned.
The police were actually working on information received from some of the people working at [...]
Insurance changes for holiday home owners
A change in the public liability insurance could mean that many UK based owners of property in Europe could find that they are seriously underinsured following the introduction of the Rome II legislation.
This particularly affects owners of property abroad who let it out for holiday rental, but what makes this law especially serious for UK [...]
Squatters who have taste
An organised group of squatters have moved up market and taken over a seven storey building in the heart of Mayfair that is said to be owned by the Duke of Westminster and have an estimated value of £30 million.
Apparently, there was an open door in the basement of the building, which allowed the squatters [...]
Property prices in Spain still dropping
Spain had been the dream for many Brits to either retire to or even just to start a new life, yet with a community that has been estimated to be as high a one million people things may not be so good over there these days.
For some enough is enough and it is time to [...]
UFO Insurance in the UK
When people insure their homes one thing that is probably the last thing on their mind is insuring against a UFO hitting their home. With reports coming in from around the world about increased UFO sightings and the fact that in the UK a damaged wind turbine was put down to a UFO strike, insurance [...]
January 16, 2009UK property market recovering?
In times like those that we have today, it is very difficult to decide on which information is helpful to your own individual situation. This is because there are some many variations of the same story making it virtually impossible for someone to make an informed decision.
This is true when it comes to the property [...]
Investing in property
Is property coming back as a better investment that keeping your cash in the bank? With interest, rates dropping like a stone. It seems that anything is going to be better than leaving your cash in the bank, where it is doing nothing for you.
However, property has had a bad press over the past year, [...]
Commercial properties to cost banks £70 billion
It looks as if the UK banking industry are preparing for a £70 million hit, this time it is down the loans that they have issued against commercial property, up until now the commercial property sector has not been in the picture, but that is all about to change.
Some banks are predicting that commercial property [...]
Don’t blame the estate agents
Who is to blame for the current housing crisis? Like with any crisis there is always someone to blame but in this there are many angles to the story and they all seem to be blaming each other.
The banking sector has taken the main hit for allowing people to borrow money that clearly they had [...]
Buy to let problems to come
At the moment there are an estimated one million buy to let properties in the UK, most of these have been bought with very high mortgages and have a very high loan to value ratio.
Because of this, there is the potential for a sudden rise in the amount of these properties being either repossessed or [...]
Celebrity property fund goes bust
Just where do celebrities put their cash? Well in the case of many of them, the best option always seemed to be property as this would be an ideal vehicle to put money in when they are earning and produce a decent income when it is time to retire well that is the plan.
This notion [...]
Results of property survey not good
Not only is there a collapse in the property market itself, but there is according to a recent study a total collapse in the consumer confidence in the property market, this is bad news for those who hope to see a recovery in the property market soon.
The study found that in 2006 buyer’s confidence was [...]
Mortgage protection insurance
Now more than ever the interest in mortgage protection insurance should be on the top of any home buyers list of things to do, but what exactly does this insurance actually do for you should the worse happen?
Most mortgage protection schemes are there in case of emergency, this is why in the past there has [...]
Dog charity wants landlords to accept pets
It is not just people, who are suffering from the housing crisis, but the family pet suffers too and in particular, the family dog, this is because many property owners will not allow pets when they rent out a property to tenants.
In a recent survey by the Dogs Trust, it was found that seventy eight [...]