NEWS ARCHIVES

NEWS ARCHIVE FOR FEBRUARY 2009

'Lenders becoming more welcoming to first-time buyers'
27th February 2009
News on the Subject of Mortgages in the United Kingdom Brought to you by the SimpliGroup - Making sure that you are fully informed about the UK...

Upcoming interest rate decision 'not important', investors advised
27th February 2009
News about investments brought to you by the SimpliGroup - Helping you make your money work for youProperty investors and potential first-time buyers...

February registers 2% decline in property values
26th February 2009
First-time buyers are now seeing improvements in affordability as house prices continue to decline, new figures from Nationwide show.House values...

Good relations with tenants important
26th February 2009
Buy-to-let property investors are advised to have a good relationship with their tenants from the onset to make it easy to go about dealing with...

Thousands can be made from driveway letting
26th February 2009
Thousands of pounds can be made by property investors in certain locations annually from just renting out their parking spaces, the Homeowners Advice...

Buy-to-lets urged to carry out credit checks on tenants
25th February 2009
Buy-to-let specialist Paragon Mortgages has urged property investors to carry out credit checks on prospective tenants, which can be crucial in the...

Low rates encouraging mortgage overpayments
25th February 2009
Property investors are taking advantage of low interest rates to make overpayments on their mortgages, new figures from the Co-operative Bank...

Let lender know about tenants, investors told
25th February 2009
Buy-to-let property investors can prevent repossession proceedings from being initiated by letting their lender know about tenants in their...

Overseas investors hold upper hand as trends change
24th February 2009
Tables are now turned and overseas property investors as well as local buyers in Bulgaria now have the cards in their hands in terms of property...

Rental market 'booming' as many opt to rent
24th February 2009
Buy-to-let property investors are thriving in the current market as the rental sector benefits from increasing demand, the National Association of...

Protect homeowners more, government urged
24th February 2009
The Communities and Local Government Committee has called upon the government to stick to its long-term house building targets in spite of the credit...

First-time buyers and foreigners lead in enquiries
23rd February 2009
Enquiries about property investment are increasing but most of the interest is coming from first-time buyers and foreigners, an independent London...

New survey shows 40 per cent of Brits lack pension
23rd February 2009
New research from Fairinvestment.co.uk has found that 39 per cent of Brits do not have a pension plan in place and the credit crunch is biting into...

Buy-to-lets increasingly seeking advice on tenant arrears
23rd February 2009
Buy-to-let property investors are increasingly seeking advice on what procedures to take when dealing with rising cases of rent defaulting, it has...

Repossessions hit 50 per cent high
20th February 2009
Property investors have been called upon to get in touch with their lenders the moment they start getting into difficulty with their mortgages as new...

Buy-to-let sector needs more government help
20th February 2009
Buy-to-let property investors need more measures from the government to keep the sector afloat as it plays a vital role in the UK housing market,...

Government urged to abolish VAT on empty home refurbishment
20th February 2009
More affordable houses can be made available for property investors if housing associations are given the necessary support to refurbish properties...

Coastal areas attractive to Brits
19th February 2009
Buy-to-let property investors keen on expanding their portfolio may want to consider investing in coastal areas across the UK, which are increasingly...

Price correction to continue 'for another year'
19th February 2009
First-time buyers and other budding property investors still priced out of the property market will be glad to hear that a price correction will...

PM hints at more tax cuts
19th February 2009
In news that may be of interest to property investors, more tax cuts may be initiated in coming weeks as the government moves to stave off the...

Recovery plans should not jeopardise company, Pensions Regulator states
18th February 2009
Employers sponsoring final salary pension schemes have been called upon to seek advice and hold consultation with their pension scheme trustees as...

New build prices need to come down, expert states
18th February 2009
Property developers with new build houses have been called upon to adjust their prices downward in order to make it possible for first-time buyers to...

Bulgaria identified as cheap for skiers
18th February 2009
Overseas property investors with Bulgarian property in the country's ski destinations will be glad to hear that the nation has been recommended for...

NAPF pushes for pensions reforms
17th February 2009
The National Association of Pension Funds (NAPF) has come up with proposals to reform the Pension Protection Fund (PPF) levy.Among the proposals are...

Government urged not to ignore empty properties
17th February 2009
The affordable housing conundrum can be solved if the government stops its obsession with new builds as the only solution to providing homes, it has...

Expats buying property in the UK
17th February 2009
Expatriates and foreign nationals are reportedly taking advantage of declined property values and a favourable exchange rate to get onto the UK...

Lenders letting down first-time buyers
16th February 2009
The National Association of Estate Agents (NAEA) has said that first-time buyers are crucial to both the housing market and the economy and more...

Overseas investors get creative to get Bulgarian property
16th February 2009
A creative way to bypass lenders and buy Bulgarian property is emerging among people interested in overseas property investment, it has emerged.The...

More long-term measures needed to protect investors
16th February 2009
The government should adopt long-term measures such as regulating bank lending to protect property investors from going through the events currently...

Bulgaria relaunches road projects
13th February 2009
Investors in Bulgarian property will be pleased to know the country has relaunched a number of road building projects, providing the country with...

Bulgaria 'still ideal' for property investment
13th February 2009
Bulgaria remains an attractive option for property investment, it has been claimed.Despite the economic troubles that have hit much of the world over...

Property investors begin search in bargain basement
13th February 2009
Property investors are beginning to enter back into the property market in the belief that it has almost bottomed out, it has been claimed.According...

SVR reduction gives investors 'breathing space'
12th February 2009
Some breathing space has been given to people who cannot have a remortgage deal at the moment as a result of lenders reducing their standard variable...

Mortgage landscape changed in 2008
12th February 2009
The Council of Mortgage Lenders (CML) has published new data illustrating how the mortgage landscape in the UK was reshaped in 2008 as the property...

Bulgaria full of property to purchase
12th February 2009
Overseas property investors keen on getting Bulgarian property may be interested to hear that there is an abundance of properties in the country that...

EPCs playing role in tenant decisions
11th February 2009
Buy-to-let property investors have been reminded that Energy Performance Certificates (EPCs) are increasingly playing a big role when it comes to...

Mortgage market to be boosted by public sector
11th February 2009
Property investors stand to benefit from local authorities making a return to the mortgage market as their presence is likely to stimulate the...

Homeowners Advice Centre welcomes SRB sector regulation
11th February 2009
Greater regulation of the sale-and-rent back (SRB) sector may result in the creation of specialised mortgage products that could make it possible for...

Protect empty properties from vandals, investors advised
10th February 2009
People with commercial property investments should ensure their properties are adequately protected in empty to prevent the risk of vandals and...

Buyers interested property but sales remain unchanged
10th February 2009
Property investors are keen on getting bargains on property purchases as prices continue to decline but their interest is not translating in to sales...

Bankers offering debt advice to investors
10th February 2009
Property investors are now being met with a changed attitude from bankers and lenders who are keener on giving advice as part of their early warning...

Price decline to ease later in the year
9th February 2009
The continuing property price correction will begin to ease in the second half of 2009 as property transactions record "a modest"...

Sale and rent-back schemes to be regulated
9th February 2009
Property investors are to be protected from unscrupulous sale-and-rent-back schemes by tough new regulations to be introduced by the government,The...

Investors urged to keep out rodents and vermin
9th February 2009
Rodents and vermin pose a threat to unoccupied properties and investors should take necessary precautions to prevent them from vermin...

Investors should 'buy below market value'
6th February 2009
The current environment is a buyers' market and property investors should take advantage of the declining values to get themselves a bargain before a...

Bank of mum and dad only solution for buyers, NAEA says
6th February 2009
The National Association of Estate Agents (NAEA) has said that potential property investors will not benefit from rate cuts if mortgage lenders do...

Tracker mortgage holders benefit as interest rates hit one per cent
6th February 2009
Property investors with tracker mortgages are smiling on their way to the bank following an interest rate cut that has placed the borrowing rate at a...

Best time to buy in Dubai as price correction takes place
5th February 2009
This is an opportune time for overseas property investors to make their move if they are interested in buying in Dubai as property prices in the...

Councils to start providing mortgages
5th February 2009
The mortgage market is poised to receive a boost from local councils, who are expected to come to the aid of property investors by returning to...

Building Societies Association against further rate drops
5th February 2009
In news that may be of interest to property investors, there is widespread speculation that the Bank of England is due to drop interest rates to a...

NAPF welcomes government's gilt strategy
4th February 2009
The government's medium-term strategy to issue more long-dated, indexed-linked gilts to help meet pension funds needs has been welcomed by the...

Pay detailed attention to contracts, buy-to-let investors told
4th February 2009
Buy-to-let property investors should pay detailed attention to any contracts they sign with an estate agent and ensure they fully understand them, a...

Brits pessimistic about rate cut
4th February 2009
Property investors in the UK are holding out for further rate cuts this year with most setting their sights on March as the time to look for...

First-time buyers urged to stay away from property raffles
3rd February 2009
Saving for a deposit should be the priority for first-time buyers and not looking for bargains through property raffles being run by investors...

Cape Verde set for growth in 2009
3rd February 2009
Cape Verde is set for prosperity and stability this year if the 2009 Index of Economic Freedom from the Heritage Foundation and the Wall Street...

Bulgarian property prices decline
3rd February 2009
Overseas property investors keen on expanding their portfolio abroad may be glad to hear that purchasing Bulgarian property is becoming cheaper...

Price is 'everything' when selling
2nd February 2009
Having the correct price tag on a property is "everything" when it comes to selling in the current market, which is full of potential...

Find out what options you have, investors told
2nd February 2009
As property values continue to decline, property investors facing difficulty with their mortgage payments have been advised to seek advice in order...

Buy-to-let investors given tips on surviving the downturn
2nd February 2009
Buy-to-let property investors have been advised to ensure their investments are in the best possible condition in order to survive the ongoing...