NEWS ARCHIVES

NEWS ARCHIVE FOR JANUARY 2009

Turkey rises as alternative property market
30th January 2009
Overseas property investment potential in Turkey is incessantly rising as the country positions itself as an attractive, alternative non-euro...

Pensioners living 'longer healthier lives'
30th January 2009
New figures from the Department for Work and Pensions (DWP) have reaffirmed the need for people to create adequate provisions for their pensions by...

Get mortgage advice, first-time buyers urged
30th January 2009
First-time buyers should consult widely and seek the views of an expert before committing to a mortgage product, according to MyMortgageDirect, which...

More price correction needed to benefit property buyers
29th January 2009
Property values need to decline by a further 17 per cent in order to return to levels of affordability within reach of the average property buyer, a...

January registers further price correction
29th January 2009
January continued to bring good news to first-time buyers and people looking for new property investments as house prices registered a further 1.3...

FMB calls for bailout of house builders
29th January 2009
The house building industry needs a bailout similar to the £2.5 billion package announced for the car industry, a move that could benefit...

First-time buyers to save more for a deposit in 2009
28th January 2009
New research shows that first-time buyers are increasing the rate at which they are saving towards a deposit this year and two fifths aim to put...

Mortgage jargon alien for first-time buyers
28th January 2009
Many first-time buyers find it difficult to master mortgage related jargon with the acronym KFI, which stands for Key Facts Illustration being...

Debt advice demand soars as downturn continues
28th January 2009
Declining property values, redundancies and the recession have left a lot of people in financial difficulty as a result increasing demand for debt...

Overpayment can protect equity, CML says
27th January 2009
One way for property investors to protect the equity of their investments in the short term is to opt for overpayment of mortgages, the Council of...

Shun letting agents with renewal fees, investors urged
27th January 2009
Buy-to-let investors in London and the south-east of England have been advised to avoid letting agents that charge unfair, "money for...

Inheritance tax not only for the rich
27th January 2009
In news that may be of interest to people planning their pensions, inheritance tax (IHT) is not solely the preserve of the rich, a financial services...

Correctly priced properties attract buyers, expert says
26th January 2009
A UK property market information website has stated that property investors planning to sell their investments have a greater chance of stirring...

Bulgaria and Turkey to attract Brits
26th January 2009
Overseas property investors may want to turn their attention to the holiday home markets in Europe, which have occupied six of the top ten places in...

'Save up furiously' first-time buyers told
26th January 2009
First-time buyers have been advised to "save up furiously" in coming months in preparation for property price levels that will require a...

Salary related pension schemes threatened by credit crisis
23rd January 2009
Radical action is needed to help UK pension schemes, which are now threatened by the ongoing financial crisis, the National Association of Pensions...

Photographs 'sell a property'
23rd January 2009
The role photographs can play when it comes to selling a property should not be underestimated, people wishing to sell their investments on the...

Property boom expected in Turkey in 2010
23rd January 2009
Overseas property investors should be turning their attention to Turkey if they expect to benefit from a property boom expected to take place next...

Time for investors to grab a property bargain
22nd January 2009
A property expert has predicted that the Welsh property market could be reaching rock bottom, meaning that property investors with the available...

Figures add up for Bulgarian investment
22nd January 2009
Investors in Bulgarian property will be pleased with the latest figures from the country's tourism agency.According to Property Wire, foreign visitor...

Turkey could become power hub
22nd January 2009
Turkey is looking to gain from the recent energy fall-out by becoming a major player in Europe's power supply chain.The country is hoping to...

Investors urged to consider all factors before buying abroad
21st January 2009
Overseas property investors keen on expanding their portfolios with properties in foreign countries such as Bulgaria have been advised to think...

'Local knowledge is key' for buy-to-let investors
21st January 2009
Buy-to-let property investors who are flexible are better placed to survive the current global financial downturn, according to the Residential...

Current market "excellent" for investment
21st January 2009
"It's an excellent time to buy, full stop." This is the opinion of online property website Briffy.com's founder David Amstell, who says...

Property investors take advantage of low rates to buy
20th January 2009
Property investors are already taking advantage of the low interest rates and decline in property values to purchase properties in areas previously...

Shop around for best mortgage deals, investors told
20th January 2009
Surveying the market and shopping around for the best mortgage deals is vital for property investors if they expect to get the best deal, a mortgage...

Buy-to-lets given tips on discounting
20th January 2009
Buy-to-let investors with fairly priced properties that are in good condition are likely to have more demand from customers who will be less inclined...

New package for banks announced by government
19th January 2009
In news that may be of interest to property investors, the government has once more come to the aid of banks with a second rescue package that...

Bargains wait at property auctions
19th January 2009
Property investors with a deposit and mortgage in place can get themselves good bargains if they take advantage of property auctions, which are said...

10 per cent rise in tourism expected in Turkey
19th January 2009
Overseas property investors keen on tapping in to the holiday home market will be glad to hear that Turkish authorities are expecting 2009 tourism...

Turkey 'a sound bet' for investors
16th January 2009
Turkey has been identified as one of the most appealing overseas property markets and despite the economic downturn its potential for offering...

'Buy with a solicitor', overseas investors told
16th January 2009
Overseas property investors should always enlist the services of a solicitor whenever they buy property in a foreign country, TheMoveChannel.com has...

Early 2009 a 'reasonable time' to buy
16th January 2009
This year is a "reasonable time" for property investors keen on expanding their portfolios to snap up bargains as prices have declined...

People extending retirement as pension values shrink
15th January 2009
New research from Life Trust shows that the current economic situation is shrinking the value of people's pensions, destroying investments and...

Cape Verde property market to become 'massively popular'
15th January 2009
Cape Verde's property investment potential has been highlighted by an overseas property insider who has said the islands have all the right...

Holiday homes to become even more popular, expert says
15th January 2009
Overseas property investors keen on getting onto the holiday home market may be interested to hear that self-catered accommodation, such as holiday...

Property affordability 'has greatly improved'
14th January 2009
First-time buyers are now in a position to get onto the property ladder as the market has self corrected and dropped property values to levels last...

Dubai investors 'should take long-term view on investment'
14th January 2009
Overseas property investors keen on purchasing property in Dubai should take a long-term view to investing in the desert nation according to an...

Plovdiv to get new amenities
14th January 2009
People interested in buying Bulgarian property may be glad to hear that developers in the country are still providing products for them to invest in...

Transactions fall in spite of buyer interest, Rics says
13th January 2009
Mortgage lenders have been urged to provide finances for property investors who seem to be interested in buying but cannot do so due to a scarcity of...

London and south-east has worst tenants
13th January 2009
In news that may be of interest to buy-to-let investors, tenants in London and the south-east of England are the ones most likely to damage property,...

London price correction bigger than national average
13th January 2009
Property investors who had been priced out of the London market may be glad to hear that the year-on-year price correction in the capital is greater...

Price should not be overriding factor, investors told
12th January 2009
Making the price of a property the overriding factor when it comes to overseas property investment is not a good investment strategy, people...

Check the small print before long absences, investors urged
12th January 2009
As temperatures across the UK plummet and the weather lives up to its reputation, property investors wishing to escape to warmer weather for long...

Buy-to-lets take a long term view on investment
12th January 2009
Buy-to-let property investors are increasingly taking a long term view on their investments and most expect to hold them for the next 20 years, a...

Interest rates hit a 300 year low
9th January 2009
In news that may be of interest to property investors, interest rates have been dropped in a bid to counter the effects of the credit crunch, placing...

Rate cut may impact flow of mortgages, expert says
9th January 2009
The Bank of England's decision to drop interest rates to 1.5 per cent, the lowest in its 300 year history, has elicited mixed reactions from industry...

Investors urged to secure their properties
9th January 2009
Property investors have been reminded of the need to ensure their investments are adequately secured, to prevent them from being burgled, especially...

CML: Pressure on lenders causing mortgage scarcity
8th January 2009
Mortgage lending is scarce as a result of "various conflicting pressures" being faced by banks rather than an unwillingness to provide...

Northern Ireland prices declined most, figures show
8th January 2009
Property investors out for a bargain may want to consider investing in Northern Ireland, which has experienced the greatest fall in property values...

TDS introduces new rules for letting agents
8th January 2009
Buy-to-let property investors may want to ensure that their letting agents are members of regulated bodies such as the National Approved Letting...

Current market 'good time to buy'
7th January 2009
The current housing market presents a "potentially good time to buy" for property investors keen on taking advantage of declining house...

Property Investor Show to bring together industry professionals
7th January 2009
Property savvy investors wishing to make purchases this year may want to make their way to this year's Property Investor Show, which will be taking...

New government measures for homeowners faulted
7th January 2009
The latest government measures to help property investors struggling with mortgage payments have been faulted by the Homeowners Advice Centre, which...

Non eurozone nations to benefit from increased tourism in 2009
6th January 2009
Overseas property investors wishing to tap into the holiday home market this year may be interested to hear that places out of the eurozone are the...

Energy efficiency boosts value, investors told
6th January 2009
Buy-to-let property investors have been called upon to improve the energy efficiency of their properties as making improvements can help boost the...

2.5 per cent drop recorded in December
6th January 2009
The property market continues to bring good news to people interested in getting on to the property ladder with the price of property continuing to...

Rent protection insurance recommended for buy-to-lets
5th January 2009
The current economic situation has made it vital for buy-to-let property investors and landlords to "really consider" taking out rent...

Now the 'best time' to get on to property ladder
5th January 2009
Despite the doom and gloom associated with media reports on property investment, this is the best time to get on to the property ladder, a property...

Current pension is 'inadequate'
5th January 2009
Many pensioners in the UK are of the opinion that the basic state pension needs to double in order to provide a comfortable retirement, according to...

Turkey and Egypt to attract more Brits in 2009
2nd January 2009
Turkey and Egypt have been named by the Foreign & Commonwealth Office (FCO) and the Association of British Travel Agents (ABTA) among...

Dubai 'safest place' to buy property
2nd January 2009
One of the "safest" places to make an overseas property investment is Dubai, whose property prices mean that there is "much room for...

Overseas property investors urged to 'get the right account'
2nd January 2009
Overseas property investors need to consider several factors, such as getting the right bank account before making a decision to invest in property...