NEWS ARCHIVES

NEWS ARCHIVE FOR MARCH 2009

Egyptian property lures Brits with rental guarantees
20th March 2009
Rental guarantees and a new emerging market status are drawing overseas property investors to Egypt, according to a property insider.Various factors,...

Investors still looking to take risks, Barclays reports
19th March 2009
A sizeable majority of stocks and shares Isa investors intend to place most of their allowance into risk-based investments for the next year, new...

IMF report points to 2009 growth for Bulgarian economy
19th March 2009
Bulgaria's economy is set to be one of the strongest in central and eastern Europe and grow by one per cent over the course of 2009, it has been...

FSA mortgage proposals 'not sensible', critics argue
19th March 2009
Plans being considered by the Financial Services Authority (FSA) to place caps on mortgage sizes represent a 'one size fits all' solution that is...

Booming education sector good news for buy-to-let investors
18th March 2009
Investors in the UK buy-to-let property sector are set to benefit from ongoing strong demand for rental accommodation as growing numbers of young...

Britons 'surprisingly confident' over pensions
18th March 2009
Around half of all British employees are confident that their occupational pension scheme will remain safe despite the current economic...

Bulgaria to boost infrastructure with new EU funding package
18th March 2009
Bulgaria is set to benefit from €70 million (£66 million) worth of European Union funding, it has been confirmed.Following on from the news...

Bulgarian property sector ripe for investment, report suggests
17th March 2009
The investment potential of Bulgarian property has once again been highlighted, with local media reporting that the market is now being flooded with...

Homeowners staying put as buyers expect 25% discount
17th March 2009
Asking prices for UK homes fell by an average of nine per cent over the past 12 months, though many prospective buyers are now expecting discounts of...

Bulgaria to open up top jobs to foreigners, PM confirms
17th March 2009
Foreign nationals are to be allowed to apply for positions as specialists in Bulgaria's state administration, the country's prime minister has...

Portuguese leader reveals ambitions for Cape Verde investment boost
16th March 2009
Portugal's prime minister has confirmed that his country will step up its investment in the Cape Verde islands. Speaking as he paid a visit to the...

First-time buyers 'just cannot afford deposits' research finds
16th March 2009
Prospective first-time buyers now face the prospect of having to put down a deposit equivalent to 111 per cent of their annual wage in order to get a...

FSA's planned borrowing rules set to benefit property investors
16th March 2009
The Financial Services Authority (FSA) is expected to take steps to cut back on 'risky' mortgages as part of its full-scale review of the UK banking...

Mortgage approvals continue to fall
13th March 2009
Aspiring property investors want to know why major lenders are still refusing to provide products in spite of growing interest and small mortgage...

NAEA: First-time buyers should be helped
13th March 2009
The National Association of Estate Agents (NAEA) has stated that more needs to be done to ensure that growing interest from buyers as highlighted by...

Shop around for good pension deals, workers urged
12th March 2009
People approaching their retirement can protect their income by shopping around for the best annuity instead of just sticking with the company...

Eurozone properties recommended for investors
12th March 2009
An overseas property magazine has recommended eurozone markets such as Bulgaria for people interested in overseas property investment.The current...

Don't fall for spectacular rates, consumers advised
12th March 2009
Property investors have been warned that a spectacular rate does not necessarily equate to the best deal when it comes to mortgages, according to...

Buyer confidence continues to grow
11th March 2009
The latest data from the Royal Institution of Chartered Surveyors (Rics) shows that February saw interest from property investors continue to rise...

Buy-to-let investors encouraged to adopt green measurers
11th March 2009
Buy-to let property investors should adopt green measures in a bid to not only help save the environment, but also make their investments more...

Banks urged to help homeowners more
11th March 2009
Banks have been called upon to do everything possible to help property investors avoid repossessions as new research shows consumers have reconciled...

Thousands to see increase in pension
10th March 2009
The government has announced that thousands of public sector retirees who had not been receiving their full pension due to an error will receive...

Don't wait for the bottom, investors urged
10th March 2009
Property investors have been advised not to be fooled into waiting for the market to hit rock bottom or they risk missing out on good deals that are...

Overseas property can supplement pension
10th March 2009
Investing in property markets in overseas destinations such as Bulgaria, which welcomes a lot of foreign buyers, can be an ideal way of supplementing...

Suspend Hips, Naea urges
9th March 2009
Home information packs (Hips) should be done away with because they are not having a positive impact on the property market, the National Association...

Not all houses are for rent, 'reluctant landlords' told
9th March 2009
Property investors who have been forced to rent out their investments after failing to sell them, otherwise known as "reluctant landlords",...

Waterfront properties have appeal
9th March 2009
Purchasing a waterfront property in London is one of the strategies property investors can adopt if they want to make an attractive buy, it has been...

Rate cut good news for tracker mortgage holders
6th March 2009
Property investors on tracker mortgages will be happy to hear that interest rates have been dropped to a new historic low of less than one per cent...

Market volatility hits final salary pension schemes
6th March 2009
Final salary pension schemes have experienced one of the most turbulent periods on record in the last five days, according to a pension...

Market activity increases, Hometrack survey shows
6th March 2009
Figures from Hometrack show property investors may be regaining their confidence after an increase in market activity in the property sector was...

Turkish property a 'very good investment'
5th March 2009
Overseas property investors keen on expanding their investments abroad should turn to Turkey, which has been identified by a property insider as an...

Dubai and Bulgaria top five popular destinations
5th March 2009
Dubai and Bulgaria have recently been identified as top overseas property investment destinations after making the top five in rankings by a property...

Halifax: 2.3% price correction in February
5th March 2009
Property affordability for first-time buyers continues to increase as house values remain on a downward spiral, according to the latest Halifax House...

First-time buyers get boost from new scheme
4th March 2009
A multi-million pound initiative to help first-time buyers in London get on to the property ladder has been unveiled by London mayor Boris...

Over 2m plan to delay retirement in 2009
4th March 2009
Over than two million people in the UK plan to delay their retirement this year as a result of the economic downturn and declining values in...

Ideal time to buy for serious investors
4th March 2009
The market is now ripe for serious property investors to make a re-entry and purchase properties that have seen their values decline in the past...

Investors turn to refurbishment
3rd March 2009
Property investors are increasingly refurbishing and improving their investment in a bid to make them stand out when a market turnaround finally...

Equity release can provide cash for care
3rd March 2009
Equity release can be used by pensioners in need of long-term care to provide much needed cash to prevent them from being moved from their homes, it...

Cape Verde lures investors with sport
3rd March 2009
Overseas property investors are likely to be lured to the archipelago of Cape Verde due to its efforts to add sporting activity to its natural...

First-time buyers need a change of attitude
2nd March 2009
First-time buyers need a change of attitude and "a bit of prudence" in order to go around the seemingly insurmountable mortgage scarcity...

More rate cuts predicted this week
2nd March 2009
In news that may be of interest to property investors, a further interest rate cut is expected to take place this week as the Bank of England moves...