NEWS ARCHIVES

NEWS ARCHIVE FOR MAY 2008

Repossession is "last option" for UK mortgage lenders
30th May 2008
UK mortgage lenders are likely to want to explore all other options first before considering repossessing a property, it has been suggested.Council...

Tisa wants pensions plans sped up
30th May 2008
Tisa (Tax Incentivised Savings Association) has urged the government and pensions industry to speed up the process of bringing the benefits of...

Insurance advice suggested to consumers
30th May 2008
Professional financial advice has been suggested for people considering personal insurance.Graeme Trudgill, technical and corporate affairs executive...

Interest rate 'to remain on hold'
30th May 2008
UK mortgage holders are unlikely to see a change in the interest rate next week when the Bank of England's monetary policy committee convenes for its...

'Asking prices dropped as mortgage market struggles'
29th May 2008
People buying an investment property in the UK could see the price of houses reduced as sellers cut their asking prices, it has been...

Recovery detected in UK mortgage market
29th May 2008
The latest statistics from the British Bankers' Association (BBA) show a strengthening of the UK mortgage market, which may indicate a form of...

Speak to lenders, UK mortgage holders told
29th May 2008
UK mortgage holders who are struggling with their financial management should speak to their provider as soon as possible.This is the advice from the...

Remortgagers active as borrowers switch UK mortgage lenders
28th May 2008
UK mortgage holders were active in the remortgaging sector last month, according to new statistics. The latest figures from the British Bankers'...

Aim for 40% discount, buy-to-let investors told
28th May 2008
Potential buy-to-let landlords should aim for a reduction of 40 per cent on the price of the investment property they choose to purchase.This is the...

Housing market 'gives buyer the power'
28th May 2008
People looking to take out a UK mortgage to buy a property are in a strong position when it comes to negotiating the price, it has been suggested.The...

First-time buyers 'purchase property abroad'
27th May 2008
Buying overseas property is proving an increasingly attractive option for first-time buyers in the UK, the Independent has suggested.The paper...

Stability noted in UK property market
27th May 2008
New figures suggest that the UK property market continued to perform strongly throughout April.According to the National Association of Estate Agents...

Optimism expressed for Italian economy
23rd May 2008
The Italian economy is on course for positive changes, according to the head of the country's business association Confindustria.Emma Marcegaglia...

Women 'need pensions'
23rd May 2008
A personal pension has been described as a "vital" strategy for women to help safeguard their financial futures.Ruth Whitehead, principal...

Steady growth predicted for Romanian economy
22nd May 2008
The Romanian economy and finance minister has provided an optimistic outlook for the country's economy.Varujan Cosganian said Romania is following a...

UK mortgage shoppers 'should take time for research'
22nd May 2008
People searching for a UK mortgage deal should consider all the options available to them, according to one expert.The head of savings and current...

DIY manuals suggested for home improvements
22nd May 2008
Buy -to-let property owners are advised to consult home improvement manuals before trying their hand at DIY.Andrew Leech, technical consultant to the...

Gardens 'could increase property value'
22nd May 2008
A large garden can boost the value of a buy-to-let property, it has been suggested.Lucy Hall, deputy editor of Gardeners' World Magazine, suggested a...

Sellers 'turn to buy-to-let'
22nd May 2008
Homeowners unable to find buyers for their UK property are turning to the buy-to-let market, it has been suggested.New statistics by the Royal...

Bulgaria property praises sung
21st May 2008
Bulgaria's appeal as a foreign property destination has been highlighted in a comment piece for a Cypriot publication.The Financial Mirror article...

Pensions 'remain most important benefit'
21st May 2008
Employees still regard pensions to be the most significant benefit, according to an industry commentator.Mark Brooks, a National Association of...

Self-build financing 'still available'
20th May 2008
Mortgages for self-builders are still available despite pressures in the global economy, it has been suggested.The editor of Homebuilding.co.uk,...

Mortgage shoppers urged to consider all options
20th May 2008
Mortgage holders and prospective homeowners should test the market and look for the best deals before settling for a standard variable rate mortgage,...

€1bn for Bulgarian infrastructure
20th May 2008
The European Bank for Reconstruction and Development (EBRD) is set to grant €1 billion (£795 million) for funding in Bulgaria in the next...

Pension concerns for SATC generation
19th May 2008
A large proportion of women in the so-called Sex and the City generation are failing to make adequate provisions for their pension, it has been...

'Growth and stability' in Bulgarian economy
19th May 2008
Ivan Iskrov, the director the Bulgarian National Bank (BNB), has announced positive expectations for economic growth and stability in the country in...

Aberdeen Emerging Markets fund 'takes a bottom-up approach'
16th May 2008
Aberdeen's property investment fund for emerging real estate markets has been designed with a bottom-up approach, investment analysts Morningstar...

Mortality assumptions governing regulatory scrutiny 'impose undue pressure'
16th May 2008
Proposals about mortality assumptions governing defined benefit (DB) pension schemes will put uncalled for pressure upon providers, one industry body...

Significant savings 'need not be at risk'
16th May 2008
Those looking for the best investments and savings options to make the most of inheritance or create a nest egg for their children need not take...

Morgan Stanley 'could develop Bulgarian infrastructure'
15th May 2008
News From Bulgaria Brought to you by the SimpliGroup – Experts in the Bulgarian Overseas Finance and Property MarketBanking and financial...

Egypt's appeal 'broadened by new developments'
15th May 2008
News from Eqypt Brought to you by the SimpliGroup – Bringing you the best in Finance and Property resourcesThe areas of Egypt that appeal to...

Research is needed to make money out of property investment
15th May 2008
News about Overseas Mortgages Brought to you by the SimpliGroup – Giving you the opportunity to Invest in the overseas mortgage marketAlthough...

Terraced houses 'have experienced fastest growth'
15th May 2008
Daily News Brought to You by The SimpliGroup – Experts in the UK Property Investment MarketInvestments in the terraced housing market has grown...

Life expectancy increases among pension schemes
14th May 2008
Over the course of 2007, pension schemes raised the life expectancy assumptions for members by an average of six months, new research...

Bulgarian 'could join euro in 2013'
14th May 2008
In potentially positive news for people interested in investing in Bulgaria, the country may be set to join the euro zone in 2013-14.According to a...

Investors call for improved governance in Japan
14th May 2008
A group of leading pension funds and asset managers with interests in Japan have produced the first collaborative policy document of its kind, the...

Number of Dubai visitors 'soaring'
14th May 2008
The number of visitors to Dubai is believed to be set to reach ten million by 2010, an increase of three million on current annual figures.Dubai...

NAEA sees stability in housing market
13th May 2008
Rather than the dramatic fall that some analysts are predicting in the UK housing market, there is likely to be a return to "a more steady"...

More Britons working overseas, says NatWest report
12th May 2008
Overseas property investors may interested in the latest survey from NatWest, which shows that Britons are increasingly seeking out careers in...

Barbies looking to Bulgaria
12th May 2008
An increasing number of young people are buying properties abroad in locations like Bulgaria and renting in the UK, it has been reported this...

Ad campaign 'will draw Spanish to Bulgaria'
12th May 2008
An advertising campaign intended to attract holidaymakers from Spain has been undertaken by the Bulgarian Union of Tourism Investors, it has been...

Interest rates stay at 5%
9th May 2008
UK mortgage holders were told yesterday that interest rates will remain at five per cent this month.This comes after the Bank of England's monetary...

Italian lifestyle 'attractive to Britons'
9th May 2008
Buying property in Italy is an appealing option for Britons due to the lifestyle offered by the Mediterranean country.That is the opinion of Mark...

Property boom in Egypt 'is a reality'
9th May 2008
The "property boom" being witnessed in Egypt’s Red Sea Riviera area "is a full blown reality", it has been suggested, which...

Greek investors looking to Bulgaria
8th May 2008
Greek overseas property buyers are reportedly most interested in making investments on the Bulgarian Black Sea coast.Popular holiday spots Varna and...

Economic expert offers Bulgarian insight
8th May 2008
Construction and tourism are the two sectors that have witnessed the most dynamic development in Bulgaria recently, according to national economics...

Increase in London rents reported
8th May 2008
Rental prices for new tenancies in London have increased by ten to 20 per cent in the last nine months, according to estate agent Foxtons, which may...

Turkish resort aims for year-on-year tourism increase
7th May 2008
The popular Turkish holiday resort of Antalya is aiming to boost tourism figures in 2008, which may prompt overseas property investors to consider...

Investors await MPC's interest rate decision
7th May 2008
Those with buy to let mortgages and people considering buying property in the near future will be among those keen to hear this week's interest rate...

Industrial rents high in Sofia, says report
6th May 2008
Those with overseas property investments in Bulgaria may be interested in a new report from Estonian real estate company Arco Vara, which shows...

Plans discussed for new Bulgarian tourist attraction
6th May 2008
A new winter sports facility with a capacity for around 5,000 people is set to be built in Bulgaria.According to Focus Information Agency, the...

NLA chairman highlights landlord tax break
6th May 2008
The Landlord's Energy Savings Allowance (Lesa) is "a welcome incentive" for those who rent their property to others, according to National...

NAEA: Bank should reduce interest rates
2nd May 2008
The National Association of Estate Agents (NAEA) has called on the Bank of England to reduce interest rates in May. Consumer confidence will be...

Property profits reported in Romania
2nd May 2008
Property investors in Romania are set to make "significant profits" from their assets, a local newspaper has reported.Citing unnamed real...

NLA calls for a diverse UK rental market
2nd May 2008
The National Landlords Association (NLA) has stressed the need for a diverse rental market in the UK. It has warned against incentivising large...

Pensions 'a top concern for those seeking advice'
1st May 2008
Demand for pension advice remains high following A-Day on April 6th two years ago, according to IFA Promotions, an organisation promoting the...

Various reasons offered for investing overseas
1st May 2008
A change of climate and lifestyle are two reasons why people may consider buying property abroad, according to impartial overseas property website...

Overseas real estate buyers urged to research
1st May 2008
Those purchasing real estate in foreign countries should "assess the investment opportunity as carefully as [they] possibly can", one...