NEWS ARCHIVES

NEWS ARCHIVE FOR NOVEMBER 2008

Cut VAT on repair and maintenance work, FMB tells government
28th November 2008
Property investors may end up benefitting from efforts by the Federation of Master Builders (FMB) to seek help for struggling businesses in the UK...

House prices fall 'moderately'
28th November 2008
The property market continued self correcting in November by registering a 0.4 per cent drop during the month bringing some good news to property...

Stamp duty should be 'completely wiped out'
28th November 2008
A property expert has highlighted the importance of offering incentives to first-time buyers by saying that stamp duty should be "completely...

But-to-let investors urged to tap the power of the internet
27th November 2008
Buy-to-let property investors should harness the potential that the internet holds in order to make their rental stock more available and easy to...

Property should be in good repair, investors told
27th November 2008
The age, location and "character" of a property must be taken into consideration when carrying out renovations, buy-to-let property...

Personal Accounts pension proposals criticised
27th November 2008
Government plans for Personal Accounts in the 2012 pension reforms have attracted criticism from pension industry experts who have branded them a...

Insulating cavity walls can save energy and money
26th November 2008
As winter sets in and temperatures drop, property investors can save "significant amounts of energy" by insulating cavity walls, which will...

Commercial property investors warming up
26th November 2008
Following a tumultuous October that saw the commercial property sector impacted by troubled financial markets around the world, investors are...

Mortgage market approaching 'normality'
26th November 2008
The current mortgage scarcity being experienced as a result of the ongoing economic downturn is not an entirely negative thing, according to an...

Get the most out of your pension fund
25th November 2008
Pensioners have been advised to ensure they get the most out of their pension funds as new data reveals that many are increasingly retiring in...

Do not penalise tenants, buy-to-let investors urged
25th November 2008
Buy-to-let property investors need to be able to justify any reasonable cost deductions in a potential tenant's deposit, learnletting told the...

Struggling homeowners to benefit from budget announcements
25th November 2008
Property investors facing a difficult time may be pleased to hear that the government has announced new measures to help struggling homeowners...

Overseas investors prepare to descend as prices decline
24th November 2008
Overseas property investors are preparing to pounce on global property markets such as Bulgaria as the credit crunch spreads its wings across the...

Lloyds TSB and HBOS merger has pros and cons
24th November 2008
In news that may be of interest to property investors, the merger of Lloyds TSB and HBOS together with the government's intervention have been hailed...

Interest-only mortgages good for the short-term
24th November 2008
Property investors on interest-only mortgages have been advised to take a short-term view on the products and not to rely on them for a long...

Mortgage scarcity increases demand for rental stock
21st November 2008
A scarcity of mortgage products may be benefitting buy-to-let property investors as many people opt to rent, the National Landlords Association (NLA)...

CML: Talk to lenders before arrears start to build up
21st November 2008
Government needs to increase support to protect property investors from repossessions as the economy continues to deteriorate, the Council of...

Landlords urged to combat the 'silent killer'
21st November 2008
As Carbon Monoxide Awareness Week comes to an end, buy-to-let property investors should ensure their focus on gas and fire safety remains a priority,...

FMB urges government to adopt its proposals
20th November 2008
Property investors may be pleased to hear that a proposal to help kick-start the building industry has been floated to the Chancellor of the...

Publish Crosby review, government urged
20th November 2008
The Council of Mortgage Lenders (CML) has called on the government to publish the delayed Crosby review, the contents of which may help struggling...

Borrowers still not benefitting from rate cuts
20th November 2008
Mortgage lenders are being asked to reflect interest rate cuts introduced by the government by providing mortgages with lower interest rates for...

'Reluctant landlords' must understand regulations
19th November 2008
Property investors who have been forced into being landlords due to the credit crunch should make sure they understand the rules and regulations of...

Government should 'match consumer bravery'
19th November 2008
The government has been urged to "match consumer bravery" and adopt more bold measures such as dropping interest rates again next month in...

'Worrying mortgage gap' revealed
19th November 2008
Research has revealed the existence of a "worrying mortgage gap" arising from millions of interest-only mortgages having no investment...

Istanbul offers alternatives
18th November 2008
As the credit crunch continues to cause misery across the UK property market, overseas destinations such as Turkey may offer an alternative for those...

Residential lettings 'flooded' with unlikely landlords
18th November 2008
Many property investors have been turned into unlikely landlords in the last few weeks as a result of the credit crunch, which has had an impact on...

Carpeting the floor has economic advantages
18th November 2008
Property investors unable to sell their investments in the current market can turn their attention to interior design such as reworking on the floor...

Pension funds threatened as Brits hold back on contributions
17th November 2008
New research has highlighted an impending loss to pension funds as the credit crunch and looming recession continue to wreak havoc. According to data...

First-time buyers exploiting government sponsored schemes
17th November 2008
First-time buyers are increasingly taking advantage of cheaper shared ownership schemes and First-Time Buyer Initiative (FTBI) developments to get on...

Kensington and Chelsea home to most expensive streets
17th November 2008
In news that may be of interest to property investors looking for exclusive high-end properties, 25 of the 50 most expensive streets in the UK are in...

Turkey lures overseas investors to Alanya
14th November 2008
Overseas property investors from Britain are being lured by the Turkish seaside resort city of Alanya, which is constructing a range of new...

Sellers advised to 'price competitively'
14th November 2008
Property investors keen on taking advantage of the falling prices in London may be pleased to hear that sellers have been advised to be realistic...

Repossession serves 'nobody's interest'
14th November 2008
The Homeowners Advice Centre has spoken in favour of property investors who may be facing a hard time as the financial crisis continues to bite.While...

Buyers may be held back by jittery lenders
13th November 2008
Last week's decision by the Bank of England to drop interest rates to thee per cent, lower property prices and the current stamp duty moratorium will...

Super Borovets to boost local property market
13th November 2008
Overseas property investors keen on buying Bulgarian property will be pleased to know that a new mega ski resort is to be built in the city of...

Property investors affected by empty property tax
13th November 2008
Commercial property investors have been negatively affected by the abolition of empty property rates relief, the Forum of Private Business (FPB) has...

Sellers back in market with 'realistic price expectations'
12th November 2008
Residential property investors who had been forced into letting as the property market declined over the summer period are reportedly going back to...

Turn the slowdown to your advantage, expert advises
12th November 2008
The economic downturn may be bad news for many but property investors still stand to benefit from some of the resultant effects, according to a...

Introducing equity may be necessary to secure competitive mortgages
12th November 2008
Property investors about to end their current mortgage deal may find themselves being forced to go the equity way in order to secure a competitive...

NAEA calls for abolition of stamp duty
11th November 2008
Thousands of first-time buyers and other budding property investors are currently priced out of the housing market but can be helped if the...

Many benefit from stamp duty moratorium
11th November 2008
Some 51 per cent of property investors have so far avoided stamp duty in September compared to just 22 per cent the same time last year since the...

Cape Verde continues to attract Brits
11th November 2008
In news that may be of interest to overseas property investors keen on expanding their property portfolios in a holiday hotspot abroad, Cape Verde...

Property market will "bounce" back
10th November 2008
The property market is facing a difficult time at the moment but it will see "one hell of a bounce" when it recovers, celebrity property...

Extra rooms can add value to property
10th November 2008
Adding extra rooms to a property such as loft conversions can add value to a house but this needs to be done with the help of a professional,...

Buying now is ideal because of declined prices
10th November 2008
Property investors who want to upgrade and move up the property ladder have been advised to do so now by a property expert.According to David Amstell...

Innovative plan to sell home may benefit first-time buyers
7th November 2008
A first-time buyer may be the beneficiary of a property owner's ingenious plan to sell his property in Northern Ireland.According to News Letter,...

Property market welcomes rate cut
7th November 2008
Property professionals have welcomed the government's decision to slash interest rates saying the move can only be good news for the property...

Overseas mortgage expo to highlight opportunities abroad
7th November 2008
Overseas property investors wishing to find out more about overseas mortgages may want to attend an expo in London featuring experts in this field.On...

Investment opportunities emerging as prices decline
6th November 2008
House prices continued to fall across all regions of the UK in October making it even more possible for property investors who had been priced out of...

Education options make Dubai ideal for expatriates
6th November 2008
Overseas property investors wishing to relocate to Dubai need not worry about education for their children, it has been reported.The Middle Eastern...

Bank of England cuts rates to 3%
6th November 2008
Interest rates have been slashed by the Bank of England in a shock move that has seen the rates dropped a one-and-a-half percentage point to three...

Current environment a 'buyer's market'
5th November 2008
The current environment is ideal for those with liquidity and property savvy investors with tough negotiating skills stand to benefit, a property...

Brits attracted to Cape Verde
5th November 2008
Overseas property investors keen on tapping into the holiday home market will be pleased to know that British people are increasingly turning their...

UK property valuations lauded for accuracy
5th November 2008
Budding property investors in the UK can take confidence in the fact that out of the four largest property investment markets in Europe, UK...

Be more proactive to sell in current market
4th November 2008
A property professional has advised property investors looking to sell their homes to be more proactive and keep up with the times in order to be...

Egypt 'an oasis in the midst' of the current instability
4th November 2008
Overseas property investors have been advised to turn their eye towards Egypt which has been described as "an oasis in the midst" of the...

Tenants first line of defence against winter problems
4th November 2008
Buy-to-let investors have been advised to ensure all tenants are equipped with the right information at the start of a tenancy, which can prove handy...

Buy-to-let investors urged to watch bank reaction to bailout
3rd November 2008
Property investors have been advised to keep an eye out for how interbank lending markets react to the cash bailout coming from the government as...

Green measures add long-term value
3rd November 2008
Property investors can add long-term value to their investments by adopting green measures, a celebrity property expert has said.According to Phil...

Competitive pricing can achieve quick sales
3rd November 2008
Property investors wishing to sell their properties have been advised to keep their prices competitive, if they want to make a quick sell.According...