Property Articles | Overseas Property | UK Property

UK House Prices may be Flat in 2010 but the Market will certainly be Rocky

Posted:2010-02-05 23:47:29 - By Liam Bailey

UK house prices rose at their slowest rate for 6 months in January. According to the Halifax index, prices were up just 0.6% on the month in January, slower than the 0.8% in December, and from 1.2% in

Turkish Airlines Passenger Growth in 2009 to Boost Turkish Air-Travel in 2010

Posted:2010-02-04 15:57:41 - By Liam Bailey

The Association of European Airlines has just revealed that passenger numbers on Turkish Airlines flights grew 12.3% according to the blog of UK based Turkish realtor Spot Blue. According to a high up

UK House Prices: Everything's Coming Up Roses

Posted:2010-01-31 23:36:45 - By Liam Bailey

Well, the news on UK house prices is still positive, that is to say positive for sellers if not for buyers. Last week Nationwide told us that UK house prices rose 1.2% in January, the biggest rise since

New Legislation to Affect Landlords in the UK, but How Much...

Posted:2010-01-30 21:11:26 - By Liam Bailey

I have just read both sides of the debate over the government's new legislation pertaining to the private rental sector and landlord licensing. The Landlord and BTL blog says this is a government war

Turkish EU Accession Wheel Keeps on Turning

Posted:2010-01-28 16:32:40 - By Alan de Sargent

This week more news has emerged, that will add to the feeling that Turkey could indeed eventually become a full member of the EU, boosting the economies of both Turkey and the Bloc immensely. Firstly,

UK Finally Exits Recession in Q4

Posted:2010-01-26 09:41:08 - By Alan de Sargent

Well hooray!!! The UK economy has finally been shown to have emerged from the worst recession it has seen since World War II. According to data just released from the Office for National Statistics,

A Long Hard Look at the Medium-Soft UK Housing Market

Posted:2010-01-22 00:22:31 - By James Bailey

The latest round of figures is in, again telling a conflicting story on UK house prices past, present and future. The latest RICS index has shown more homes coming up for sale than there has been for

Half of Turkey Would Vote Yes to Joining EU

Posted:2010-01-21 20:51:12 - By Liam Bailey

A new survey by the Angus Reid Monitor has found that some 49.7% of Turkey residents would vote in favour of joining the EU, while just 34.9% would vote no in a referendum on the issue. However, such

The Problems Faced by Dubai Property Market in 2010

Posted:2010-01-15 21:31:55 - By Liam Bailey

I have just read an excellent article on Dubai, that laid out all the potential problems the emirate will face and the potential solutions to those problems in order to get the market moving again in 2010.

Optimism Building That Turkey Can become EU Member

Posted:2010-01-14 17:16:02 - By Alan de Sargent

Would-be EU enlargement commissioner Stefan Fuele on Tuesday backed Turkey's bid to join the bloc, rejecting the kind of lesser "privileged partnership" relationship put forward by some Austrian,

UK House Prices Still Rising Says Govt. But How Long Can it Continue?

Posted:2010-01-13 10:31:48 - By Liam Bailey

According to government figures released by the Department for Communities and Local Government yesterday UK house prices continued to rise in November. This was to be expected given the results of the

Halifax Say Prices up 1% in 2009 + Jan Prize for Stating the Obvious

Posted:2010-01-08 08:45:49 - By Liam Bailey

From 2010 forward Write About Property will be publishing a monthly award for stating the obvious in the industry or national press. The plan was to wait and give the award at the end of every month, but

Revamp Your Finances in 2010

Posted:2010-01-07 11:34:59 - By Zopa

Want to start afresh this year, but don't fancy the high loan rates on the High Street? If you want to cut up the credit cards for good, invest in a new motor, or even want to give your home a fresh look,

Hands Up Who Wants UK House Prices to Grow 40% in the Coming Decade

Posted:2010-01-06 20:04:08 - By Liam Bailey

The UK housing market is getting an unbelievable amount of coverage, well the amount of coverage isn't unbelievable but the amount of it that is portraying it in a positive light and with a positive future

Is it better to Have Boomed & Bust than Never to Have Boomed at all

Posted:2010-01-05 10:02:22 - By Michael Sutton

Has anyone noticed that the places in the world that saw property prices growing the fastest have seen the worst crashes sincere things turned sour -- as always with a few exceptions to the rule. This

UK Housing Market, Do You Want the Good News or the Bad News

Posted:2010-01-04 23:02:22 - By Liam Bailey

In what is now typical for the UK housing market; anyone reading the Guardian online today will be able to read a story that puts the housing market in a positive place, and a story that puts it in a very

UK House Prices Rose 5.9% in 2009 but 2010 is Clouded in Fog...

Posted:2009-12-31 20:41:49 - By Liam Bailey

Well, Nationwide have released their figures for UK house prices in December and there is nothing very surprising at all. The rate of monthly growth slowed massively with a growth of just 0.1% between

UK House Prices in 2010: My Forecast

Posted:2009-12-29 22:36:25 - By Liam Bailey

Well, house price analysts Hometrack have added their tuppence into the debate over what 2010 holds for UK house prices. They have said that they will fall 1% next year, which is more than they have fallen

2010 Will be a Good Year for Overseas Property Investment

Posted:2009-12-29 12:36:23 - By Liam Bailey

2009 was a funny old year for overseas property industry, and I don't mean funny ha ha. While the UK property market had been shaking, rattling and crashing throughout most of 2007 and 08, many overseas

Housing in the UK Less Affordable Since Price Rises Began... Well Duh!

Posted:2009-12-27 20:48:43 - By Liam Bailey

Well, there's a shock: housing affordability in the UK has decreased in the second half of 2009 -- probably something to do with the fact that house prices have been rising and wages haven't. None the

Dubai Airport Reports Increasing Traffic, but are More People Coming or Going?

Posted:2009-12-27 14:05:04 - By Liam Bailey

Traffic through Dubai international a was up 6/7% on last year according to recent reports. This is compared to a fall of 7% internationally. However, the reports do not tell us whether people flying out

House Purchase Mortgages Now Up on 2 Years Ago - Still I'm Saving My Champagne

Posted:2009-12-25 19:41:08 - By Liam Bailey

Sorry to all my regular for it taking me this long to put pen to paper on the British Bankers Associations figures for lending in November, but it is Christmas. After the Council of Mortgage Lenders

Predicting The Housing Market in 2010 is Less Easy than People Seem to Think

Posted:2009-12-24 23:21:21 - By Liam Bailey

It must be because its Christmas, but in the last 15 minutes I have read three forecasts for what the housing and buy to let markets will look like in 2010 and everyone of them offered an oversimplified

Turkish Tourism Climbs 10.7% Year-on-Year in November

Posted:2009-12-23 16:44:00 - By Michael Sutton

Turkish tourism in November this year was 10.7% higher than November last year according to new figures released by the Turkish culture and tourism ministry. This will be a relief for some people, who

RICS: House Prices to Rise in 2010, They Might, Nothing Will Stop the 2nd Bite

Posted:2009-12-23 00:00:51 - By Liam Bailey

Today the Royal Institute of Chartered Surveyors forecast that UK house prices would rise by 1-2% next year. They said that, though supply would rise in the first part of the year, it would not increase

Dubai World Must Restructure Itself before it can Restructure its Debt

Posted:2009-12-22 00:06:47 - By Liam Bailey

Well, it turns out that Dubai World needs to restructure its structure before it can restructure its debts. Two of the bankers involved in the talks surrounding the debt-freeze have leaked to Bloomberg

Young Index of Buy to Let Investor Sentiment full of Non-Surprises

Posted:2009-12-20 20:44:41 - By Emma Louise Bailey

Faith continues to increase in the UK housing market as prices continue to rise, all the while the recurring correction gets closer and closer. Today the Young index released the findings of its survey

The Top 10 Property Investment Destinations for 2010

Posted:2009-12-20 00:30:02 - By Liam Bailey

Well... Everybody who's anybody in the world of overseas property is currently releasing a chart of their hot tips for the best destinations for property investment in 2010. I thought I better get in on

Turkish EU Accession Looks Like Making Some Progress at Last

Posted:2009-12-19 10:36:50 - By Michael Sutton

There has been a lot in the news this week about Turkey's continuing desire to gain full membership to the EU. It is hard to decide which is most notable, but the Spanish Prime Minister's announcement

Tips for Buying Property in Barbados

Posted:2009-12-17 21:56:14 - By Alan de Sargent

Barbados Property Investment Tip- Hiring a Lawyer for Your Barbados Real Estate Purchase Buying property in Barbados can be a savvy real estate investment. With its year round sunny weather and warm

UK Retail sales Continue to Rise in November

Posted:2009-12-17 10:21:03 - By Alan de Sargent

Retail sales in the UK have risen on a year-on-year basis for the third consecutive month in November, according to figures just released by the Office for National Statistics. The volume of retail

Residential Lettings in the UK: Where are we Now?

Posted:2009-12-13 13:09:03 - By Michael Sutton

The average rent for a UK property has increased by 12.6% in the last 12 months, but this growth has turned negative in recent months, according to data released today by rentindex. According to rentindex

Have We Really Learned Nothing from the Crashes in London and Dubai

Posted:2009-12-12 12:23:42 - By Liam Bailey

If there is one thing wrong with global economic recovery getting under way so soon, as well that of various property markets around the world, is that too few people have learned from it. Too many people

Curbing Banker Bonuses to Wreck the Recovery, Who's Recovery is it Anyway?

Posted:2009-12-11 22:51:38 - By Liam Bailey

Well, I've heard it all now. Estate Agencies in London are saying that the tax on banker bonuses will wreck the recovery in the prime sector of London, which will spill over into the rest of the market

End of Stamp Duty Holiday Not Even on the Richter Scale

Posted:2009-12-09 23:58:04 - By Liam Bailey

Well, unless you have just moved out from under a rock you will know that Alistair Darling read his statement today, on the pre-budget report. His words were aired live following Prime Minister's question

Turkey and the EU: The Boot is on the Other Foot Now

Posted:2009-12-08 12:04:45 - By Liam Bailey

Turkey no longer needs to become a full member of the EU, it is a standalone nation negotiating beneficial partnerships with whatever countries it sees fit. In fact, it is making the most of its independence

UK House Prices to Stagnate or Fall Says Fitch

Posted:2009-12-06 21:11:17 - By Liam Bailey

Ratings agency Fitch has said that UK house prices either face a prolonged period of stagnation at best, or a double dip at worst, as high unemployment and constricted lending take their toll in the coming

Cambodian Government to Allow Freehold for Foreigners, I won't hold my Breath

Posted:2009-11-28 21:16:26 - By Liam Bailey

Yet again there is a report that legislation to allow foreigners to buy property in Cambodia freehold is about to become law, according to a new report in the New York Times. During the last boom Cambodia

UK House Prices up 0.6% in Oct say Land Reg, Analysts all Prepare for the Fall

Posted:2009-11-27 23:18:22 - By Liam Bailey

So, UK house prices are still rising. Today the Land Registry, by far the most accurate index of prices in England and Wales -- if a bit behind the rest -- revealed a 0.6% increase in house prices on the

Current Overseas Property Sector full of Emerging Trends

Posted:2009-11-26 12:44:59 - By Liam Bailey

Since the downturn began to ease and people began to buy overseas property again, many new trends have been emerging. People are favouring established markets over emerging ones, people are only considering

Q3 Global House Price Index Dulls Recovery Hopes, but Good News for Portugal

Posted:2009-11-25 22:37:55 - By Michael Sutton

The Global Property Guide has recently released its figures on global housing markets in the third quarter. Their index is inflation adjusted which means it is a more accurate measure of prices than those

Global Property: the Stimuls the Bubble and the Logical Outcome

Posted:2009-11-25 11:10:30 - By Liam Bailey

For the last 1 to 3 years the news on property markets around the world has been constantly miserable. Now that there are some price rises being seen, people are becoming alarmist over whether or not bubbles

Dubai Property to Take Many Years to Recover

Posted:2009-11-21 23:14:17 - By Liam Bailey

Once again there are two sets of prominent reports on the Dubai property market, both offering polar opinions on what the future holds. Firstly, after Colliers International's latest data shows an almost

UK House Prices News Roundup, Second Dip Still Looms

Posted:2009-11-21 20:37:15 - By Liam Bailey

I thought it was about time I put pen to paper on UK house prices and the housing market. I grew fed up of covering every minor piece of news, none of which were changing my view point away from the fact

The Future Looking Bright for Turkish Real Estate Sector and Economy

Posted:2009-11-19 15:12:10 - By Michael Sutton

The future is looking very bright for Turkey, in terms of the real estate market and the economy. There are several reasons why I say this. Firstly the Organisation for Economic Cooperation and Development

UK Labour Market Decline Slowing -- Sterling to see Significant Rally

Posted:2009-11-18 11:03:06 - By Liam Bailey

The growth in UK unemployment has finally started to slow according to an Office of National Statistics press release issued today. The release says: The rate of decline of the labour market has

Painting a Clear Picture of the UK Residential Lettings Market

Posted:2009-11-12 00:04:32 - By Liam Bailey

There is a really good report on the UK residential rentals market from the BDRC research agency. According to the report a quarter of all landlords have seen profits fall in the 3rd quarter, 7% had recorded

UK House Prices: There is Only One Realistic Forecast

Posted:2009-11-06 22:03:02 - By Liam Bailey

Well, the latest news on the UK housing market is that Savills are forecasting house prices will fall sharply next year, before resuming solid growth in 2011, which will accelerate in subsequent years.

UK House Prices Still Growing - When Will it All Come Crashing Down?

Posted:2009-11-04 10:47:24 - By Liam Bailey

I thought it was about time I put pen to paper with the latest news on UK house prices, well, rather my opinion on the latest news about UK house prices. Still the growth continues, and the longer it

Major Turkish Contractor Bets $150 million on Turkey's Massive Tourism Growth

Posted:2009-11-03 17:12:44 - By Liam Bailey

Makyol, one of Turkey's largest contractors has made a massive investment in the future of Istanbul tourism, in the form of a $150million dollar hotel project in the city's high end Etilier district. The

Turkey Contemplates further Rate Cuts - Good Times to Buy Turkey Property

Posted:2009-10-29 12:07:59 - By Michael Sutton

The Turkish Central Bank has hinted that it may cut interest rates even further, with a 5-6% inflation rate likely for this year. This news has sent the Turkish Lira into freefall again; against Pound

Land Registry Records UK House Price Rise in September, Where is the Second Dip?

Posted:2009-10-28 20:53:18 - By Liam Bailey

Well, I am in shock. The Land Registry index has recorded a rise of almost 1% in UK house prices in September. Bang goes the second dip theory. For those of you just tuning in, the Land Registry began

I have Regained My Faith in Sterling - it will have its heydays back

Posted:2009-10-27 21:08:54 - By Michael Sutton

Wow, Sterling has bnounced back rapidly after the knock it suffered when the UK statistics office revealed that the UK economy was still contracting in the third quarter. Well, it has bounced back against

Turkey will not Sign IMF Deal Until Early Next Year [Opinion]

Posted:2009-10-23 18:00:08 - By Alan de Sargent

23 October 2009 - UK - An IMF deal is unlikely this year. I believe that Erdogan will now wait until all the numbers have been crunched on Turkey's economy, and are unlikely to agree a deal with the IMF

UK GDP Down 0.4% in Q3, Stunts Recent Sterling Gains

Posted:2009-10-23 08:51:43 - By Emma Louise Bailey

Well, that is a blow. UK GDP decline 0.4% in the third quarter according to data just released from the Office of National Statistics. This comes as a surprise but not a shock to me. I was hopeful that

A Realisation About Consumer Confidence in the UK Economic Recovery

Posted:2009-10-22 22:52:40 - By Michael Sutton

The value of retail sales in the UK was 1.8% higher in September this year than September last year, and the volume of those sales was 2.4% higher. This comes after rises of 1.6% and 2.7% in August this

Sterlng on an Upward Swing as BOE Contemplates Turning of the Money Tap

Posted:2009-10-21 19:26:38 - By Liam Bailey

Many of you will have listened to the interview I did with Moneycorp last week. At the time of the interview the Pound was devastatingly weak, at a record low against the Euro, almost record low against

The Bizzaro World of the UK Housing Market

Posted:2009-10-20 20:29:44 - By Liam Bailey

The bizarre world of the UK housing market continues to unfold more like a suspense novel than a market supposedly balanced by the pull of supply vs demand. The Rightmove index has shown that asking

Podcast - Interview With Moneycorp on the Future of Sterling

Posted:2009-10-14 20:40:18 - By Liam Bailey

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UK House Prices Still Rising According to Government Index

Posted:2009-10-14 15:40:14 - By Liam Bailey

UK house prices rose again in August according to the latest release of the government index ran by the Department for Communities and Local Government. The DCLG index, which is based on mortgage completions

Overseas Property to be Affected by Drop in Sterling

Posted:2009-10-12 19:25:59 - By Liam Bailey

The Pound has dropped to its lowest point in more than six months against the Euro; now standing at just 1.069EUR according to xe.com. The once revered currency has also been losing ground against the

[Podcast]Turkey and Armenia Sign Accords to Normalise Relations

Posted:2009-10-10 21:18:30 - By Liam Bailey

Download Audio File [TRANSCRIPT] Today saw Turkey and Armenia sign accords that will end centuries of sporadic conflict and unsettled relations. This is the day Turkey had said that it hoped the

Why are Kuwaitis Leading the Way in British Property Investment?

Posted:2009-10-10 18:07:34 - By Michael Sutton

A Kuwaiti delegation consisting of Minister of Finance Mustafa Al-Shamali, Director of taxes and planning Hamed Al-Nasser, international agreements inspector Abdulaziz Al-Sallal, Chief of investment agreements

Altinkum to Become Turkey Property Hotspot in Next 5 Years

Posted:2009-10-10 12:31:11 - By Michael Sutton

As the global economic recovery begins to gather pace, starting in the big markets to work outwards, Altinkum is set to become one of the great Turkey property hotspots of the next five years it has been

UK House Prices up in September says Halifax, Makes the Future Interesting

Posted:2009-10-06 10:10:56 - By Liam Bailey

Well, while I have been proven wrong by the Halifax house price index recording a rise in September, this is made up for by the fact that it makes UK house prices very interesting at the moment and in

Calculating the Past to Determine the Future of UK House Prices

Posted:2009-10-03 14:57:25 - By Liam Bailey

UK 03 October 2009 - Regular readers on the site will know I wrote several articles earlier this year that analysed the dynamics of UK house prices and affordability since 1957, including a detailed look

Nationwide Says UK House Prices Same as Last Year, but Only Way is Down

Posted:2009-10-02 19:46:19 - By Liam Bailey

Nationwide released its index for September today and said that house prices rose 0.9% on average in September, bringing prices back to similar levels as they were in 2009. This comes just days after the

Land Registry: House Prices Fell in August, as was Foretold Here

Posted:2009-09-28 10:54:57 - By Liam Bailey

Well, I was right. I wrote an article at the tale end of last week, attempting to predict what the Land Registry's house price index, released today, would say. I predicted that it would show a monthly

Sterling Loses ground to Euro, Boosting Turkish Property

Posted:2009-09-27 15:59:58 - By Liam Bailey

Well, Sterling has absolutely collapsed against the Euro again. Between April and this month it gained from being worth 1.07 Euros, to being worth 1.15 Euros, making Euro-zone property some 8% cheaper

Predictions on UK House Prices

Posted:2009-09-25 21:46:49 - By Liam Bailey

The Land Registry index is out on Monday, so I thought I would take a guess at what it is going to say. Before I start, this is not a forecast simply a guess for a bit of fun. On the last release, which

Turkish Property Market Leadiing the Recovery Charge

Posted:2009-09-25 18:28:09 - By Michael Sutton

The Turkish property market is to be among the biggest benefactors of increased activity from British buyers in the overseas property market. That is according to UK based Turkish property Agents Spot

IMF Chief Says Turkey Doesn't Need IMF Assistance

Posted:2009-09-23 20:00:00 - By Michael Sutton

The head of the International Monetary Fund, Dominique Strauss-Kahn has been quoted by Turkish newspapers as saying that there was no current need for Turkey to agree a new loan package from the IMF. The

Rightmove Index is Not a Measure of House Prices

Posted:2009-09-23 20:09:24 - By Liam Bailey

They're doing it again! Rightmove has issued the figures from its asking price index for September, showing that asking prices are on average 1.5% lower than a year ago, and the press are headlining things

Overseas Property Sales Picking Up, Off Plan Appetite Still There

Posted:2009-09-21 20:09:00 - By Liam Bailey

Well, what I have been saying and writing for weeks now, in client content and articles on here, was confirmed by Overseas Property Professional magazine last week. People are back out there looking at

Sales Picking up on Off Plan Property Overseas

Posted:2009-09-19 13:36:59 - By Michael Sutton

Sales of off plan property overseas are increasing around the world, Overseas Property Professional has revealed. Off plan property was among the worst affected during the downturn, because of all the

UK Retail Sales Grow in August - Clear Sign of Economic Recovery

Posted:2009-09-17 11:36:09 - By Emma Louise Bailey

In one of the most promising signals to suggest a UK economic recovery, the office for National statistics today revealed that the value of retail sales in August this year, was 1.6% higher than in August

James Caan Marketing Ploy May Have Small Impact on Housing Market

Posted:2009-09-17 11:05:41 - By Liam Bailey

The star of Dragons Den James Caan has launched a new scheme to provide short-term interest free loans to homebuyers, to help them cover fees like solicitors fees and stamp duty. The £1BN fund for

UK Employment Situation Worsens in September

Posted:2009-09-16 08:53:24 - By Emma Louise Bailey

Well, all our fears were confirmed this morning; the ONS issued its figures on the UK labour market for September, and it couldn't have been worst. The opening paragraph says it all: The employment rate

Croatia's EU Accession Looking Likely as Slovenia Lifts Veto

Posted:2009-09-15 12:25:35 - By Michael Sutton

Well, it looks like they have finally done it. Slovenia's has said it is ready to lift its veto stopping Croatia's accession into the European Union, after the two Prime Ministers agreed on how to solve

July House Purchase Loans up 19% on Last Year - CML

Posted:2009-09-14 18:10:09 - By Liam Bailey

UK 14 September 2009 - Mortgage lending increased massively in July according to a new survey by the Council of Mortgage Lenders, who revealed the first significant increase in mortgage lending since July

UK House Prices Still Rising According to Halifax

Posted:2009-09-12 17:41:39 - By Emma Louise Bailey

UK house prices in 2009 have entered into positive growth territory according to the latest data released by the Halifax. The lenders index showed that the average UK house price was £112 higher in August

Turkey Tourism Exceeds Expectations in July, Causes Account Surplus

Posted:2009-09-11 13:14:52 - By Liam Bailey

Turkish tourism exceeded expectations in July, leading to a $286million surplus in Turkey's current account, the first surplus in five years. This shows that the strong Euro is indeed sending more people

UK Construction Sector Shows Glimmers of LIght Amidst Massive Contraction

Posted:2009-09-10 11:17:36 - By Emma Louise Bailey

UK 10 September 2009 - New construction orders in the three months ending July were up 2% on the previous three month period, but down some 24% on a year earlier according to new data released today by

UK House Prices have Bottomed, And Our Survey Said...

Posted:2009-09-09 20:56:19 - By Liam Bailey

The UK housing market has bottomed and there will be a slow and steady return to growth as supply gradually increases. That is according to a Reuters' poll of 30 financial analysts at banks, investment

EU Leaders Urged to Treat Turkey Fairly over Accession

Posted:2009-09-07 15:50:42 - By Liam Bailey

The Independent Commission on Turkey headed up by Nobel Peace Prize winner Martti Ahtisaari has criticised EU leaders for their treatment of Turkey over its accession into the Union. The report, titled:

Arab World Big-Hitters to Recognise Kosovo's Independence

Posted:2009-09-06 18:12:32 - By Liam Bailey

Kuwait, Qatar, Oman and Yemen are to recognise Kosovo, Naim Tërnava, leader of the Islamic Community of Kosovo, has told daily newspaper Koha Ditore. Tërnava did not say if the recognitions

Croatia PM: Slovenia Border Row 95% Resolved, EU Entry a Step closer

Posted:2009-09-05 14:00:55 - By Michael Sutton

There is new hope that Croatia's accession into the European Union can get back on track after the Croatian PM Jadranka Kosor said that 95% of issues in the border dispute with Slovenia have been resolved

UK Construction Decline Slowing - New Construction Up

Posted:2009-09-04 09:37:47 - By Emma Louise Bailey

Construction output in the UK fell by 0.5% in Q2 compared to Q1, according to new data released today by the Office for National Statistics. This was a much smaller fall than the 8% fall recorded in the

Now is the Time to Sell Your House - C'mon, Quick

Posted:2009-09-03 23:28:30 - By Liam Bailey

I have just read an article by Judith Heywood in the Times, well it is not really an article, simply a series of quotes from estate agents and letting agents around the country. Some being pretty honest

Portugal's Silver Coast Property Values to Increase 50-75% in Five Years

Posted:2009-09-01 21:45:40 - By Michael Sutton

Property values on Portugal's silver coast are set to grow by at least 50 - 75% over the next 5 years it has been stated. The emerging region has some of the finest beaches in Europe, and has never reached

UK House Prices Up for First Time in a Year but No Recovery - Hometrack

Posted:2009-08-31 21:13:18 - By Emma Louise Bailey

Major UK house price intelligence group Hometrack has today revealed the findings of its latest research into the UK housing market. The group said that though house prices rose 0.1% in August for the

Turkish Property Highlighted for Mid-Long Term Investment

Posted:2009-08-30 20:33:14 - By Liam Bailey

Turkey has been highlighted for its mid-long term property investment potential. Julian walker, director of Turkey property specialists Spot Blue believes that demand for property will outstrip supply

UK House Prices Up for 4th Consecutive Month, but Why?

Posted:2009-08-27 15:15:57 - By Liam Bailey

UK 27 August 2009 - Nationwide building society, one of the UK's biggest lenders has just released the figures from its UK house price index for August. According to the report house prices rose for the

UK Business Investment Freefall Continues

Posted:2009-08-27 09:06:29 - By Emma Louise Bailey

In the second quarter, UK business investment, which is measured in chain volumes by the Office of National Statistics is estimated to have fallen 10.4% on a quarterly basis, and fallen by 18.4% on an

Overseas Property Activity Up: It's Time to Come Alive

Posted:2009-08-25 09:02:38 - By Liam Bailey

I have been very very pessimistic about reports of recovery in the past, but now there are just too many positive signs for me to ignore. Economic indicators are all (or almost all) beginning to go in

Dubai Rental Rates Fall 30% in August, another Blow to Property Market

Posted:2009-08-24 15:25:25 - By Scott Bailey

UK 24 August 2009Another day another report on the Dubai property market; this time a report from Landmark advisory has found that rents in Dubai continued to fall in August, by as much as 30%. This is

Conditions Become Increasingly Favourable for Buying Property in Turkey

Posted:2009-08-22 13:00:14 - By Michael Sutton

If you are a lifestyle buyer with an eye on Turkey, now is the time to buy property in Turkey according to Spot Blue, the UK based Turkish property agent. The company made the statements after commenting

Mortgage Data: First Time Buyers Prevalent in UK Housing Market

Posted:2009-08-22 10:04:06 - By Emma Louise Bailey

UK 22 August 2009 - The number of mortgages being approved for house purchases is continuing to increase at a steady rate this year. The British Bankers Association revealed that the value of house purchase

Slovakia and Greece Look Set to Avoid Recession

Posted:2009-08-21 20:26:11 - By Liam Bailey

UK 21 August 2009 - It was headline news earlier this month when it was revealed that two of Europe's biggest economies, France and Germany had emerged from recession with a positive growth of 0.3% in

Massive Jump in UK Retail in July - ONS

Posted:2009-08-20 09:30:01 - By Liam Bailey

Retail sales volume in the UK was 3.3% higher last month than they were in July last year, the Office for National Statistics has revealed today, the value of retail sales was 2.2% higher. This is yet

Rightmove August Index: Asking Prices Down 2.2% - Good News for Housing Market

Posted:2009-08-18 20:24:33 - By Liam Bailey

UK 18 August 2009 - Oh my god they're doing it again. Rightmove have just revealed its August data on asking prices, and there are literally dozens of articles floating around the web with headlines to

Private Property Sales Continues to Grow in UK

Posted:2009-08-17 12:57:54 - By Emma Louise Bailey

Everyone involved in the property market, if not anyone who owns a house has heard the buzz-acronym FSBO. For Sale by Owner property is -- you guessed it -- property being sold privately by its owner without

UK House Prices Look Like Falling Again

Posted:2009-08-14 10:18:19 - By Liam Bailey

Apparently UK house prices are falling again. According to a report in today's financial times the discount taken of properties sold at auction has been rising since May, and properties at auction are

Travel to UK Increases in Second Quarter on Weak Sterling

Posted:2009-08-13 10:41:51 - By Scott Bailey

The weak Pound continues to make the UK a more popular destination for overseas visitors according to new data revealed by the Office of National Statistics. In the three months ending June this year

UK Residents Holidaying Abroad Less and Spend Less

Posted:2009-08-13 09:31:01 - By Liam Bailey

UK residents are travelling abroad far less than they were a year ago according to new data by the Office of National Statistics. In the three months ending June this year, UK residents made 15.2million

Dubai Property Market May Have Bottomed

Posted:2009-08-12 20:35:01 - By Michael Sutton

UK 12 August 2009 - Our director Liam Bailey wrote an article on his new overseas property blog yesterday about how the Dubai property market may well have bottomed. Liam is known as one of the fiercest

Mortgages and House Prices on the Up, Optimism? Afraid Not

Posted:2009-08-11 13:15:26 - By Liam Bailey

The Council of Mortgage Lenders has revealed that the number of home purchase loans agreed in June this year was just 6% lower than in June last year. Also today the latest release of the government's

Romania Economy Facing Severe Recession - IMF

Posted:2009-08-10 21:06:57 - By Emma Louise Bailey

London 10 August 2009 - The International Monetary Fund has forecast an 8.5% contraction in the Romanian economy this year, following a major study into the country's economic performance under its two-year

UK Housing Market Media in a Frenzy After Positive Forecast

Posted:2009-08-10 15:06:57 - By Liam Bailey

London 10 August 2009 - The Centre for Economics and Business Research has whipped the UK housing media up into a frenzy today, when it issued a report saying that house prices would rise 2% next year

UK House Prices Upward Trend Continues - Halifax

Posted:2009-08-06 10:47:08 - By Liam Bailey

UK House prices rose 1.1% on average in July compared to June according to major UK lender the Halifax. This is the second monthly rise in the last 3 months, and the 3rd rise out of the first seven months

Dubai Property Prices 38% Lower than Last Year - What's Next

Posted:2009-08-04 22:12:30 - By Liam Bailey

Colliers international has revealed that Dubai property prices are 48% lower than they were a year ago. Colliers regional director Ian Albert said: "The key factor that will really dominate Dubai's recovery

UK House Prices to Fall Until 2012 - National Housing Federation

Posted:2009-08-03 11:04:30 - By Liam Bailey

UK - 03/08/2009 - The National Housing Federation has said that UK house prices will continue falling until 2012. The research, conducted on behalf of the NHF by Oxford Economics led to forecasts of a

UK House Price Rise in July Largely Irrelevant

Posted:2009-07-31 12:50:44 - By Liam Bailey

The Nationwide index has revealed that UK house prices rose by 1.3% in July. This brought the three monthly measure to a rise of 2.6% up from a 1% increase in the three months ending June -- the biggest

Tunisia Property Recommended for Investment

Posted:2009-07-29 21:11:06 - By Emma Louise Bailey

The International Monetary Fund said Monday 27 July that Tunisia's economy is to grow by 3% this year, following growth of 4.8% last year. The forecast is not a new one however, as it is the standing forecast

David Stanley Redfern Ltd Faces Court Petition to Wind Company Up

Posted:2009-07-28 16:56:43 - By Michael Sutton

Directors of the company David Stanley Redfern Ltd are to appear in court on Wednesday on a petition to wind the company up. Last year and the year before, David Stanley Redfern Ltd became quite a name

UK House Prices in Steady State for 2009 Says Rightmove, What?

Posted:2009-07-20 17:59:59 - By Liam Bailey

The UK housing market has bottomed according to Rightmove, and prices are to remain in "a steady state" for the rest of the year. Everyone is entitled to their opinion, but it is what that opinion is

EU Construction Output Falls in May

Posted:2009-07-20 12:18:10 - By Emma Louise Bailey

Construction output in the EU fell 2.7% in May on a monthly basis, following a 0.6% rise in April compared to March. Monthly comparison Among the Member States for which data are available for May 2009,

Serbia to Recognise Kosovo - Kosovan PM

Posted:2009-07-18 17:08:34 - By Liam Bailey

Kosovan Prime Minister Hashim Thaci has said that he expects Serbia to recognise Kosovo. Previous recent statements from Serbian officials have been to the effect: Serbia will not recognise Kosovo no matter

UK House Prices to Stagnate till 2020 - PricewaterhouseCoopers

Posted:2009-07-16 21:32:31 - By Liam Bailey

Accountants PricewaterhouseCoopers (PwC) have forecast that it may take a decade for UK house prices to see any real growth; that house prices will remain at 2008 levels until 2020. Further they said that

Brits go Abroad Less, Tourism to Egypt and Others Up 30%

Posted:2009-07-16 13:37:25 - By Michael Sutton

London - 16/07/2009 The Office of National Statistics (UK) has released its figures on tourism for 2008 and the first quarter of 2009, and it revealed some interesting facts. British tourism abroad was

Tourism to Britain Dropped Last Year, Regained Ground Q2

Posted:2009-07-16 10:04:59 - By Michael Sutton

London - 16/07/2009 The Office of National Statistics has just released its data for tourism last year and, in separate document tourism in the first quarter of this year. Tourism to the UK fell last

Industrial Output in the EU Rises in May, Lithuania Biggest Riser

Posted:2009-07-15 10:26:22 - By Liam Bailey

Industrial output in the EU rose in May, adding to positive indicators that the recession may be lightening on the whole across the conglomerate of nations. However, this is mainly based on bigger rises

Greek Property Recommended as One of Safest for Investment

Posted:2009-07-14 20:59:36 - By Michael Sutton

Greece has been recommended as one of the safest destinations in Europe for property investment. The country's rich history and popularity with tourists will oversee solid long-term price growth according

UK House Prices Falling Slower, Government Figures

Posted:2009-07-14 14:03:08 - By Liam Bailey

The UK government has just released the figures for May from its house price index, and they have shown that the rate of decline in UK house prices is continuing to slow, as has been shown by all the major

Cyprus Property Sales Halve in First Half of Year

Posted:2009-07-14 09:51:05 - By Emma Louise Bailey

Cyprus property sales in the first six months of this year were over 50% less than sales recorded in the first half of last year, according to figures released from the Land Registry. However, analysts

Will the Current Stability be the Start of UK House Price Recovery?

Posted:2009-07-12 13:39:11 - By Liam Bailey

I just read an interesting article on the blog of private property sales site Zungalow.com, on how the current upward pressure on UK house prices could turn into the beginnings of a recovery -- it blew

Spanish Repossession Properties - A Fool-Proof Investment?

Posted:2009-07-09 20:41:19 - By Liam Bailey

Anyone who knows me and my views on overseas property investment, will know that I am not the biggest fan of Spanish property for investment, and I would not normally recommend it. However, the current

A Breakdown of GDP Contraction in the EU

Posted:2009-07-08 20:46:08 - By Emma Louise Bailey

Eurostat has just released its second estimates for how much EU countries' GDP contracted by in the first quarter. For the most part the first estimates have held firm. The countries that suffered the

UK House Prices Fell in June - More Falls Inevitable and Necessary

Posted:2009-07-08 13:53:25 - By Michael Sutton

UK house prices fell by 0.5% in June on average, according to the latest release of the Halifax house price index. The firm also revealed that the fall in the second quarter of this year, was less than

Australian Property Market To Worsen Up to Year End

Posted:2009-07-07 21:26:51 - By Liam Bailey

Australian property commentators are fearful that the scheme helping first-time buyers onto the property ladder and currently giving the property market at least the appearance of a healthier disposition

The Top 5 Emerging Coastal Regions for Property Investment

Posted:2009-07-05 20:30:04 - By Liam Bailey

When it comes to buying property there are 3 types to choose from: city, rural or coastal. However, when it comes to investing in emerging market property overseas, the majority of people opt for the comparative

Worst of UK House Price Falls Over - Yeah Right

Posted:2009-07-03 11:39:35 - By Liam Bailey

The UK housing market has bottomed out apparently. All the bulls have had their prayers answered; David Miles, a policy maker for the Bank of England has said that he thinks the UK has seen the worst of

Retail Sales Down in the EU, Some Countries Looking Positive

Posted:2009-07-03 11:04:47 - By Liam Bailey

Retail sales across the EU fell in May, with a 0.5% decrease from April's figures recorded by Eurostat. May 2009 retail sales were over 3% lower than those recorded in May last year. Retail sales had

Spanish Unemployment falls for Second Consecutive Month - Good News?

Posted:2009-07-02 19:29:57 - By Michael Sutton

Spanish unemployment fell 1.5% in June, the second consecutive monthly fall, and the biggest June fall in 8 years. The news is being viewed in a very positive light, and rightly so, however the tourist

Holiday Rentals Company Reveals Q1 Statistics

Posted:2009-07-02 11:06:19 - By Scott Bailey

Holiday rentals firm HomeAway has revealed its findings on the holiday rentals market for the first quarter of the year. The report contained detailed statistics on the holiday rentals market and the

French Property on the Riviera Read all About it

Posted:2009-06-30 19:43:04 - By Michael Sutton

According to Isabel Morton writing in the Irish Times at the end of last week, the French Riviera has not been as badly affected by the recession as everywhere else. "While property prices increased over

When Would I Buy a Property in Italy

Posted:2009-06-30 15:46:53 - By Liam Bailey

If you look at the articles I wrote for the blog on this site recently in the Where Would I Invest series, I focussed mainly on emerging market, because they offer the property at the lowest prices, with

UK House Price Rise Continues in June - More Agony Prolonging Goodness?

Posted:2009-06-30 10:12:14 - By Liam Bailey

The Nationwide has released the figures for its house price index for June. The main points were as follows: A month on month rise of 0.9% - continuing the trend of monthly rises Tri-monthly and more

Serbia Will Not Sacrifice Kosovo for EU Membership

Posted:2009-06-26 19:23:54 - By Liam Bailey

It has been made official; Serbia will not sacrifice Kosovo in order to gain entry into the European Union, quite simply because they don't think they will need to. I'm convinced Serbia will enter the

UK House Prices to Stabilise by End of 2009

Posted:2009-06-24 16:02:39 - By Scott Bailey

According to a major study into the UK housing market by Standard and Poor, UK house prices are likely to stabilise in the last quarter of this year, while they continue to fall sharply in Spain and Ireland

Summer 2009: The Summer of Returning Love for Spanish Property?

Posted:2009-06-24 15:16:59 - By Michael Sutton

The combination of Spanish property price drops, and the Pound strengthening against the Euro, will cause a wave of Brits looking at buying property in Spain again this summer. Spain has been the most

Rightmove Index a Better Measure of Vendor Realism than UK House Prices

Posted:2009-06-23 16:37:29 - By Liam Bailey

Oh My God. I have just had a look around the web for news on UK house prices, and found 20 online publications reporting on how UK house prices fell in June. All the reports are based on the only major

Australia Property: Melbourne Market Apparently Making a Comeback

Posted:2009-06-21 08:01:22 - By Liam Bailey

I can't believe what I am reading; apparently the Melbourne property market is already recovering. In an almost overnight recovery demand from buyers continues to outstrip even swelling stock levels, according

UK House Prices - Asking Prices Finally Falling

Posted:2009-06-20 19:00:48 - By Liam Bailey

Asking prices finally started to fall in June according to FirstRung.co.uk who obviously got their hands of an advance copy of the Rightmove's data for June. Apparently asking prices dropped 0.4% in June,

French Economy to Recover Q4 - Property in France Still Popular

Posted:2009-06-20 10:16:47 - By Emma Louise Bailey

A French statistical outlet has said it expects the French economy to come out of the recession by the final quarter of this year, on the back of inventory cuts ending, investment cuts slowing and low

More Bad News for the UK Economy - No. of Employed Plummets

Posted:2009-06-19 11:24:33 - By Liam Bailey

More worrying news for the UK economy, according to new data revealed by the Office for National Statistics, the number of employed people has fallen by the largest quarterly margin since comparable records

EU Construction Output Rises - Bad News for Spain?

Posted:2009-06-17 16:23:06 - By Scott Bailey

Construction output increased by 3.2% in April on a monthly basis, this is quite shocking given the problems with over-supply in the Spanish property market. This against the back-drop of a rise of 0.7%

Gloucester Property Prices Falling Faster than National Average

Posted:2009-06-17 15:36:38 - By Liam Bailey

Gloucester property prices fell around 2.5% between February and April according to the Land Registry house price index. In February the average Gloucester house price was £166,924 and in April it

EU Employment Continues to Fall - Eurostat

Posted:2009-06-16 10:27:14 - By Emma Louise Bailey

According to the latest data from Eurostat, employment in the EU fell by 1.2% in the first quarter of this year compared to the same period last year. An earlier press release revealed that unemployment

Investor Confidence Rises for 8th Month in Germany - Exceeds Forecast

Posted:2009-06-16 10:10:02 - By Scott Bailey

Investor confidence has risen to a 3 year high in Germany, following signs the the downturn may be easing. The Mannheim-based Centre for European Economic Research (ZEW) said its monthly measure of the

UK House Prices: Gap Between Asking and Selling Prices Closing

Posted:2009-06-15 18:10:22 - By Liam Bailey

The gap between asking prices and selling prices is narrowing according to the Royal Institute of Chartered Surveyors. Houses are now selling for 11% less than they are advertised, though the gap is still

Croatian Government Steps Up Efforts to Increase Tourism

Posted:2009-06-15 09:17:01 - By Emma Louise Bailey

The Croatian government is once again stepping up its efforts to attract increasing tourism to the country, the industry having been heavily hit by the international downturn. The latest efforts are an

Indian Economy Shows Positve Signs - Early Recovery Possible

Posted:2009-06-14 18:26:01 - By Liam Bailey

In a week where I have written about positive economic news in the UK and the EU, and read about positive economic news in Turkey, the latest positive economic news comes from India. Industrial output

European Industrial Production Down 1.9% in May

Posted:2009-06-13 14:48:54 - By Liam Bailey

Industrial production in the Eurozone fell by 1.9% on the month in May compared to April, and fell by 0.9% across the EU(27).The full breakdown of the contraction is as follows: In April 2009 compared

Calabria Property: an Investment Overview

Posted:2009-06-12 13:36:06 - By Michael Sutton

Calabria property emerged onto the radar of international investors in a big way at the end of 2007 and grew in popularity into 2008; during the height of the overseas property investment boom. At the

UK House Prices Could Fall a Further 35% - Homes Still Not Affordable

Posted:2009-06-11 14:34:53 - By Michael Sutton

I recently read an article on the Rock Star Investment Gloucestershire blog, in which they had taken data on average earnings for Gloucester, and compared it to the average sale price of Gloucester property,

EU Retail Trade up 0.5% in April

Posted:2009-06-11 12:06:43 - By Liam Bailey

I have just written an article with some positive news on the UK economy that perhaps suggests the beginning of a turnaround. And now I have found a very positive indicator of the Euro zone economy: according

Is the UK Recession Coming to an End?

Posted:2009-06-11 10:52:33 - By Liam Bailey

There have been reports of increasing activity in the UK housing market since April, and because of low supply this has translated into monthly price increases in April and May, and the quarterly and Annual

Shortage of UK Housing Supply: Blame it on the HIPS

Posted:2009-06-10 11:03:23 - By Michael Sutton

The Royal Institute of Chartered Surveyors has made a statement blaming the new law that says Home Information Packs must be in place before the property is marketed, for the current shortage of supply

Govt Figures on UK House Prices in April: a Regional Breakdown

Posted:2009-06-09 19:09:04 - By Michael Sutton

Though the latest release of the government's UK house price index was very positive; showing the annual and quarterly rate of decline slowing and a 1.1% monthly rise, the picture is not so positive everywhere.In

Government Figures Show UK House Prices Falling Slower

Posted:2009-06-09 11:25:25 - By Emma Louise Bailey

It is official; the rate of decline in UK house prices is slowing. Today, the UK government, well the Department for Communities and Local Government released the April figures from its index, and they

Now is the Time to Buy This Overseas Property

Posted:2009-06-08 20:29:32 - By Liam Bailey

Demand for off plan property overseas as an investment is lower than at any time in the last 5 years. But many analysts believe that there is pent up demand to start buying overseas property again, that

Dubai Property Market Under-Pinned by Changing Types of Buyer - Really?

Posted:2009-06-08 10:32:44 - By Liam Bailey

I just read an article on how the Dubai property market is not doing as badly as people think, ad that although the price falls have seen those investors buying for short-term gains (flippers) disappear,

UK Housing Market Turning Point, Time to Start Selling Again, What?

Posted:2009-06-06 12:31:27 - By Liam Bailey

I can't believe what I have just read in a press release by UK property portal look4aproperty.com, titled Housing Market Turning Point Is Here.The press release tells the story of the moment: how low supply

Opinion: More on Why the ICJ Ruling on Kosovo is Largely Irrelevant

Posted:2009-06-05 18:55:21 - By Liam Bailey

In recent weeks I have read articles by people that said Serbia stopped short of asking the International Court of Justice for a formal ruling, asking only for an advisory opinion, because it was frightened

Halifax Index Continues Trend; Shows UK House Prices Falling Slower

Posted:2009-06-04 19:07:59 - By Emma Louise Bailey

The Halifax released the figures for May from its UK house price index today, and they showed that the rate of decline in UK house prices is slowing. This is a trend that has emerged in the last few price

At Last Some Sense on UK House Prices and the Cat Bounce Bottom

Posted:2009-06-03 19:06:02 - By Liam Bailey

At last some sense; an article in the Telegraph titled The bottom in UK house prices is no bottom at all, which goes around the houses I have covered many times relating to the last crash, before finishing

Crunch Makes Established Property Markets like France and Italy Competitive

Posted:2009-06-03 08:29:39 - By Liam Bailey

From 2005 until the end of last year, the growth in popularity of off plan property and emerging markets with overseas property investors was immense. New EU member states in Eastern Europe are a perfect

UK House Prices: Tentatively Positive Signs Continue

Posted:2009-06-01 16:00:18 - By Michael Sutton

The Land Registry released the figures for April from its house price index, and it concurs with the latest trend by showing that the rate of annual decline is continuing to slow. The annual rate of decline

IMF Readjusts Albania Economic Forecast - More Educated Guess-Work

Posted:2009-05-31 11:39:55 - By Liam Bailey

The International Monetary Fund has once again adjusted its forecast for economic growth in Albania this year, now forecasting growth of only 0.4% for this year. Just last month the IMF publicly stated

UK House Prices: 2nd Rise in 3 Months, is the Market Turning?

Posted:2009-05-30 14:17:12 - By Liam Bailey

Well, Nationwide released the figures for May from its UK house price index, and it has been added to the "mounting evidence" that the UK housing market is on the turn. This is because house prices apparently

UK Housing Market: What's Really Behind Record Low Mortgage Lending

Posted:2009-05-29 07:34:58 - By Liam Bailey

Mortgage lending for new home purchases rose 4% last month according to the British Bankers Association, but is still at shockingly low levels with just over twenty-seven and a half home purchase mortgages

FSA Stress Test on UK Banks Not All That Stressful

Posted:2009-05-28 19:38:27 - By Liam Bailey

The Financial Services Authority (FSA) today revealed some details about its current batch of stress testing on UK banks. Though it wouldn't reveal specific details about the two banks involved, Lloyds

Albania, Balkan Region to Benefit from Better Road Links and Relations

Posted:2009-05-28 08:05:07 - By Liam Bailey

The Balkan region is set to see increasing regional tourism. Albania's tourism industry will be boosted massively by growth in visitor numbers from Kosovo once the massive super-highway linking the Albanian

UK Housing Market: Buyer Activity Stabilising, Worst far From over

Posted:2009-05-27 18:47:50 - By Liam Bailey

The British Bankers Association has just released its figures on UK lending as a whole -- credit cards, mortgages, remortgaging, repayments the whole shebang -- for April. The accompanying report tells

Argentina Property Investment, Economic Potential and Government Mismanagement

Posted:2009-05-27 09:44:06 - By Liam Bailey

The Argentine government has said the economy grew by 2,7% in March, meanwhile the International Monetary Fund is still predicting a 1.5% contraction in the Argentine economy this year.That said, if the

Opinion: Many Brits Waiting to Buy Spanish Property when Market Bottoms

Posted:2009-05-25 11:15:27 - By Liam Bailey

It has been revealed in the last few days that the Spanish economy is contracting at a record rate; down 1.9% on a quarterly basis, and 3.0% on an annual basis in the first quarter of this year. The story

Dubai Tourism Falls, More Bad News for Property Market

Posted:2009-05-23 19:48:14 - By Emma Louise Bailey

Occupancy rates in Dubai hotels fell to 73% in the first quarter of this year, compared to 90 percent in the previous quarter; the Dubai Department of Tourism and Commerce Marketing has revealed. The

Albania's Path to EU Membership: All Eyes on the Election

Posted:2009-05-22 18:58:10 - By Scott Bailey

When it comes to Albania's hopes of EU accession all eyes are on the election. Albania is to hold parliamentary elections on June 28. Reading between the lines of the recent EU press release, how Albania

Mortgage Lending Fall Means no UK Housing Market Recovery in Sight

Posted:2009-05-22 14:05:44 - By Liam Bailey

The volatility of the UK housing market has once again bounced onto centre stage and danced all over the recent hopes for recovery caused by "various indicators". I couldn't believe it when I read an

Top 3 Overseas Property Investment Destinations 2009

Posted:2009-05-22 08:14:52 - By Liam Bailey

I have been writing so much lately about the property investment potential of various destinations, that I thought it would be a good idea for me to do a top 3 of what I think are the best places for overseas

Moroccan Property Still a Hot Investment Tip

Posted:2009-05-21 18:49:42 - By Liam Bailey

The International Monetary Fund is predicting astonishing real GDP growth of 4.4% for Morocco this year. Their faith in the Moroccan economy is echoed by the African Bank for Development who issued a report

Australian Property Sellers Having to Slash Asking Prices

Posted:2009-05-21 12:37:16 - By Scott Bailey

The reports are currently flooding in of Australian property sellers having to slash their prices in order to achieve a sale. This is great news for the rising numbers of Britons emigrating, for which

Kosovo Getting on Track Towards EU Accession

Posted:2009-05-20 21:05:52 - By Liam Bailey

Today, Kosovo signed the Agreement on Instrument for Pre-accession Assistance with the EU. The deal, which gives Kosovo access to 60million Euros for projects to aid its accession into the EU, was signed

Potential Property Sellers Stuck, Give it a go with Zungalow

Posted:2009-05-19 14:21:32 - By Liam Bailey

Private property sales site Zungalow.com could answer the prayers of thousands of people trapped by the UK housing market. The current situation is causing a shortage of supply, which Zungalow sellers

Montenegro Property Market will Benefit From Better Serbian Ties

Posted:2009-05-19 08:42:12 - By Michael Sutton

Relations between Montenegro and Serbia seem to warming up again after they fell out when Montenegro recognised Kosovo's independence. Montenegro President Filip Vujanovic is currently on a three day visit

Rightmove Index - Raised Asking Prices Don't Mean Market is Bottoming

Posted:2009-05-18 19:44:19 - By Liam Bailey

I cannot believe the level of optimism generated by the fact that the May release of the Rightmove UK house price index showed asking prices had risen for the fourth consecutive month. This time the rise

Overseas Property Investment: Nothing Has Changed

Posted:2009-05-18 11:39:03 - By Liam Bailey

Last year overseas property was being hailed as the best investment man had ever come across, especially off plan property in emerging markets. I was one of the biggest advocators of investing in emerging

Overseas Property Where Would I Invest Part 5: Egyptian Property

Posted:2009-05-17 08:36:41 - By Liam Bailey

As I wrote in a recent article, Egypt and Turkey are bucking the trend when it comes to tourism, because the number of British visitors they are receiving is currently growing rapidly, while traditional

Opinion: Putin's Kosovo Recognition Offer Unlikely to be Taken Up

Posted:2009-05-16 14:50:37 - By Liam Bailey

Former Russian President -- who some analysts believe is still pulling the strings -- has said that Russia is prepared to recognise Kosovo's independence but only if "the western powers" back of the missile

Bulgaria's Economy in the Doldrums, Deep Recession Forecast

Posted:2009-05-16 09:54:52 - By Emma Louise Bailey

Bulgaria's gross domestic product declined sharply in the first quarter of 2009, down 3.5% on an annual basis it has been revealed. The drop is only what economists have been predicting this month, though

Sterling Jumps Massively Against Euro, Property Investors Likely to Pounce

Posted:2009-05-15 21:10:42 - By Michael Sutton

The Pound has jumped massively against the Euro. Yesterday it had fallen back to 1.11 but today it has climbed to its highest point since its massive plunge: 1 Pound is currently worth 1.24 Euros. Meanwhile

Philippines Economy to Continue Growing - Still Hot Property Investment tip

Posted:2009-05-15 18:55:14 - By Liam Bailey

Remittances from overseas Filipinos hit a record high of $1.47billion in March, according to the World Bank. This suggests that the economy will continue to grow strongly, the World Bank statement said. The

Commentary on CML Data: 12,800 Homes Repossessed Q1 2009

Posted:2009-05-15 17:23:47 - By Michelle Conlay

The Council of Mortgage Lenders today revealed that 12,800 UK homes were repossessed in the first quarter of this year, compared to 10,400 in the last quarter of last year, and 8,500. The CML now thinks

Dubai Property Recovery "to Happen" in 2011, only if...

Posted:2009-05-14 18:08:21 - By Liam Bailey

Rents on property in Dubai, have fallen by up to 50% with between 10 and 30% being the average. Even the man-made marvel Palm Jumeirah have fallen by around a third, according to new research by Landmark

British Travel, Turkey and Egypt "Bucking the Trend" - ABTA

Posted:2009-05-14 10:52:23 - By Liam Bailey

According to ABTA the only two countries expecting to see significantly rising numbers of British tourists this year are Turkey and Egypt, in fact the exact words were bucking the trend.I spoke on the

UK House Prices: How to Break the Boom Bust Cycle

Posted:2009-05-13 20:08:22 - By Liam Bailey

On Monday night's Property Watch show (new program by the BBC) an estate agent said:"[During the boom] it was a case of making your valuation, and then adding a bit on." While it was obvious to the trained

UK House Prices have Further to Fall However You Slice It

Posted:2009-05-13 16:24:20 - By Michael Sutton

It is a firm belief of mine that house prices will fall until houses become affordable for first time buyers. Depending on whether the economy recovers in the meantime, this will be as far as they fall,

Rate of UK House Price Decline Slows - Govt Figures

Posted:2009-05-12 19:08:22 - By Liam Bailey

The government has released the March figures from its house price index. The latest release of the Department for Communities and Local Government index has concurred with the Land Registry's March figures

ICJ Ruling on Kosovo a Pointless Affair

Posted:2009-05-12 10:50:03 - By Michael Sutton

The International Court of Justice is busy ruling on Kosovo's unilateral declaration of independence from Serbia, but with Serbia hinting that it would make no difference to its stance, and Kosovo unlikely

Property Watch Show on UK House Prices Hardly Groundbreaking

Posted:2009-05-11 21:38:33 - By Liam Bailey

I just watched part 1 of the BBC's new Property Watch. It contained a lot of interesting material, nit the part which most compelled me to put pen to paper came in the first 15 minutes.Firstly the show

Sterling's Upward Momentum Continues, Boosting Overseas Property

Posted:2009-05-10 12:04:06 - By Alan Siddel

Sterling definitely does seem to be on an upward trend at the moment against regional currencies, though the Dollar is certainly keeping it at bay. When Gordon Brown announced the expansion to the UKs

UK House Prices Only 6% Further to Fall - Lloyds plc

Posted:2009-05-10 08:18:58 - By Emma Louise Bailey

Lloyds Plc, Britain's biggest lender, has gone on record to say that UK house prices only have 6% further to fall, which will happen by the end of the year. A spokesperson for the lender, which has a 30%

Montenegro's Biggest Exporter Facing Bankruptcy, Threatens Smaller Companies

Posted:2009-05-09 14:49:23 - By Michelle Conlay

The credit crunch and falling price of metal has left Montenegro's biggest exporter: Kombinat Aluminijuma (Aluminium) Podgorica (KAP) facing bankruptcy. The company had been losing $1,200 on every tonne

France Avoids Recession So Far, Property to Stay Popular

Posted:2009-05-09 13:59:56 - By Michelle Conlay

France's economy grew by 0.14% in the fourth quarter of last year, avoiding the recession predicted for it, the same recession that is currently devastating all the other developed countries in Europe.The

UK House Prices: Decline Maybe Slowing but Worst Far from Over

Posted:2009-05-09 13:00:03 - By Liam Bailey

There are a lot of positive reports in the press at the moment suggesting that UK house prices maybe on the turn. I had started to wonder if I am perhaps being too negative; batting the positive news away

Home Information Packs now Speeding Up Buying Process

Posted:2009-05-08 22:09:09 - By Emma Louise Bailey

The new legislation regarding Home Information Packs, particularly the Property Information Questionnaire is speeding up the buying process, according to property search site Sourcing Property.The PIQ

Houses Affordable in only 61 Local Authorities - Halifax

Posted:2009-05-08 19:37:01 - By Liam Bailey

This will be the third article I have written about the recent figures on UK house prices released by the Halifax, but I have to bring to light something I hadn't noticed until now. In its look at housing

Searches Up for Off Plan Property: Don't Count Your Chickens...

Posted:2009-05-08 14:54:46 - By Scott Bailey

My feed reader just alerted me to the newest post on the Overseas Property World blog. The blog has revealed that searches for off plan property have been increasing the first quarter of this year as shown

Kosovo's Progress towards Acceptance Proceeding Well

Posted:2009-05-08 12:39:03 - By Emma Louise Bailey

Slowly but surely Kosovo is progressing towards becoming an independent state. This week it won admittance into the International Monetary Fund, and Slovenia revealed it had submitted its opinion to the

Spanish Property Still Favourite with Brits - Portal

Posted:2009-05-07 20:39:31 - By Emma Louise Bailey

Spanish property is still the most popular with British buyers, according to Property Abroad.com. The revelation comes from the latest data on visitors to their site and their subsequent property searches.While

Selling UK Houses in a Digital Age Downturn

Posted:2009-05-07 13:29:39 - By Liam Bailey

In years gone by, when people wanted to buy or sell property they had very limited options. In fact they had two options: seek the services of an estate agent, or stick a card in the window of the local

Gloucester Property Unaffordable: More Falls Ahead

Posted:2009-05-06 21:26:54 - By Michael Sutton

The average house price in Gloucester is 7.8 times the average gross salary of Gloucester residents, Rock Star investment Gloucestershire's research has found. In a post published on their Gloucester property

Halifax Says Affordability has Trebled - No Optimism Here

Posted:2009-05-06 13:26:06 - By Liam Bailey

Yesterday Halifax revealed data from its affordability index showing that mortgage repayments were now only an average 31% of first time buyer's disposable income, down from 48% at the peak in 2007. Nationwide's

UK House Prices: Latest Figures from Halifax Show Futility of Keeping Track

Posted:2009-05-06 10:23:48 - By Liam Bailey

Halifax has released the April figures from their house price index, I am reporting on it only because I feel I must. It's all getting a bit much-of-a-much-ness for me now, we might as well stop bothering

Halifax Says Affordability has Trebled - By What Measurement

Posted:2009-05-05 10:09:42 - By Liam Bailey

Two interesting reports came out today: the Centre for Economics and Business Research has said that UK house prices have another 8% to fall before a "sluggish recovery" will begin. And the Halifax has

Back to Basics for Dubai Property

Posted:2009-05-04 10:55:57 - By Liam Bailey

Dubai's property market is currently in the doldrums, but it needn't be that way. Dubai has all the things that overseas property buyers are looking for in a destination, great accessibility, great beaches,

More on the Cause of UK House Price Corrections: Lack of Affordability

Posted:2009-05-03 17:43:51 - By Liam Bailey

I read an excellent article on the Zungalow blog yesterday, which expanded upon my article of earlier in the week about the relationship between UK housing affordability and house price corrections. In

UK House Prices: They Never Stopped Falling in March

Posted:2009-05-01 09:24:45 - By Michael Sutton

I have read a lot of reports this morning headlining a variation of "House Price Resume Fall", and "House Prices in Fresh Fall". I don't get it. Anyone who knows anything about the UK housing market, or

Advice on How to Successfully Invest in UK Property

Posted:2009-04-30 17:31:09 - By Michael Sutton

As with any other part of the world, UK property prices are primarily determined by location. For example, London house prices are higher than anywhere else in England, further, house prices in London's

Land Registry: UK house Price Decline Slows, Prolonging the Agony?

Posted:2009-04-30 12:12:08 - By Liam Bailey

The Land Registry Index is out and I hate to say it: I was horribly wrong. It does in fact seem that the rate of house price decline is slowing in England and Wales. According to the Land Registry house

An Exciting Day for UK House Price Commentators

Posted:2009-04-30 07:17:11 - By Liam Bailey

This is an interesting day (and exciting if you're sad like me) for the UK housing market, with two of the biggest measure of UK house prices releasing the latest figures on the same day. Nationwide have

The Unforseen Rise in Overseas Property Investment

Posted:2009-04-29 21:21:59 - By Alan Siddel

UK property values have been plummeting for more than a year now. People's and businesses' reluctance to commit to long term mortgages due to the global economic crisis has been more than slightly to blame

Brazil Property Still a Favourite with Overseas Property Investors

Posted:2009-04-29 19:44:55 - By Alan Siddel

Brazil, the land of Samba Dance and lovely beaches is also turning out to be a money churning machine for property investors around the world. Real estate investment in Brazil is a booming sector and

Gloucester Property Market Should be Among First to Recover

Posted:2009-04-29 14:44:30 - By Liam Bailey

I read a very insightful article yesterday, on how the massive urban regeneration project in Gloucester will cause it to have a very different and quicker recovery than other parts of the UK.The blogger,

UK Property Losing Euro Buyer Cushion, Americans May Fill Void

Posted:2009-04-29 12:20:31 - By Alan Siddel

UK property became very attractive to European buyers, when the Euro rapidly gained ground on our beleaguered UK currency.Most of the attention was focused around London, which was overtaken by Monaco

Egypt to Open New Cairo Pyramids to Tourists - Could Boost Property market.

Posted:2009-04-28 19:36:28 - By Alan Siddel

To the south of Cairo, the 4500 year old 'bent' pyramid, famous for its "odd" profile is to be opened to tourists for the first time, along with the other tombs and historic sites that surround it. This

US Housing Market Bottoming. Prices Won't Be Rising Anytime Soon

Posted:2009-04-28 17:37:58 - By Michael Sutton

An index of US house-builders confidence in the market has jumped to 14, its highest level for many months. Anything south of 50% still shows negative confidence in the market, but the fact that it rose

London's Prime and Super-Prime Markets will always be Unpredictable

Posted:2009-04-28 14:32:58 - By Liam Bailey

This week Knight Frank has reported the first price rise in 13 months on prime property in London. But if the other indexes are open to statistical anomalies because of the small transaction levels on

Annual Decline of UK House Prices Slowing - No Optimism Here

Posted:2009-04-27 18:00:56 - By Michael Sutton

The decline of UK house prices slowed in April, according to the latest figures from Hometrack. This is being viewed with yet more optimism, by people who surely must be getting fed up of being wrong when

Dubai Property Should be Marketed on Rental Yields to Recover

Posted:2009-04-26 11:55:44 - By Alan Siddel

Dubai air-traffic saw a 7.9% year-on-year growth last month, reports the Gulf Newspaper. The increase is attracting new airlines to Dubai international airport, which will widen its coverage and further

Macedonia Will Fall into Recession This Year: IMF

Posted:2009-04-25 22:04:36 - By Alan Siddel

Macedonia is now expected to fall into recession according to latest IMF forecasts. The Macedonian governments latest forecast was for 1% growth, but the IMF now forecasts the country will be at least

Sterling Loses Ground to Euro

Posted:2009-04-25 21:13:59 - By Michael Sutton

The Pound has been falling against the Euro in the past few days, it is now back down to 1.11 Euros, from a high of 1.13 Euros recorded last Saturday.It seems that the recent strengthening of Sterling

UK House Prices: Learning the Correction Lesson

Posted:2009-04-25 17:45:31 - By Liam Bailey

UK house prices -- like many other places -- are falling because that is what needed to happen; correction is definitely the right word to use. I have been looking at Nationwide's historical house price

Gloucester Property & Housing Market to Benefit from Regeneration

Posted:2009-04-25 09:27:26 - By Liam Bailey

Gloucester residents hope their city centre will be a major beneficiary of the £3million pledged by communities' secretary Hazel Blears to regenerate city centres, by handing over empty shops and

India Property from an Indian Perspective Part I

Posted:2009-04-24 07:43:59 - By Arindam Ghosh

India being one of the major developing nations is gradually coming under the notice of several big industries. Majority of these industries are looking forward to the future prospect of spreading their

Driven by Foreigners, India Property Remains Profitable

Posted:2009-04-23 13:42:42 - By Arindam Ghosh

Believe it or not the Indian property market is more dependent on foreign nationals and Non-Resident-Indians than the natives of the country. This has emerged in recent years; it used to be that natives

Budget 2009: No Magic Wand for UK Housing Market Recovery

Posted:2009-04-23 10:00:24 - By Liam Bailey

As expected the reactions to Alistair Darling's 2009 UK budget were numerous and varied from within the property and housing industries. Almost -- if not -- all the major bodies and representatives had

India Property: The Overseas Buyer Boom from an Indian Perspective

Posted:2009-04-22 21:31:23 - By Arindam Ghosh

The emergence of Information Technology, and the spiraling amounts charged by the few westerners who command in depth knowledge in the field, led to massive growth in the use of Indian IT workers around

NAEA and RICS Responses to Budget Stand Out for their Differences

Posted:2009-04-22 19:35:05 - By Liam Bailey

With the amount of people and, bodies and groups in the property industry urging the Chancellor to do one thing or the other in this year's budget, it was only to be expected that the responses would be

Why Selling Property Privately Grows in a Downturn

Posted:2009-04-22 14:40:27 - By Michael Sutton

With UK property values redefining the term price floor, people are looking at the fees charged by estate agents and realising that by the time that chunk is gone on top of the value lost to price drops,

Gloucester Property Market Hit Hard by UK Housing Market Crash

Posted:2009-04-21 21:35:37 - By Liam Bailey

Gloucester property prices had fallen by around 16% up till February, according to Land Registry data, an equal percentage to the average for England in Wales. Property in Gloucester, like almost everywhere

Investment in Egypt Property Strong in Face of Downturn

Posted:2009-04-21 21:20:07 - By Michael Sutton

Birthplace to one of the ancient civilizations of the world; it seems Egypt will escape the property market disaster that has engulfed the world. Being one of the major tourist attractions, Egypt accommodates

Bold UK Developers Try to Reverse their Fate; Launch New City Developments

Posted:2009-04-21 19:47:53 - By Alan Siddel

The UK has a good track record for attracting businesses looking to expand. The employment factor subsequently causes towns to grow, and property values to rise. However, as the economic downturn sends

Ebay Property Portal: Old Idea, New Potentially Controversial Twist

Posted:2009-04-21 07:31:35 - By Liam Bailey

Ebay is now also a property portal it has been revealed. Earlier this month Estate Agent Today revealed the pre-launch of 77,000 properties advertised on Ebay, with a full launch expected later this year.Behind

Estimated $100 Billion Waiting to be Plunged into Property

Posted:2009-04-20 18:53:22 - By Michael Sutton

These days whenever we talk or write about property markets, the first thought that comes to one's mind is the effect of the global crisis. The impact of it has been such that some of the most popular

Hard Times Ahead for Dubai Property Market

Posted:2009-04-20 18:18:27 - By Michael Sutton

Property markets have suffered all around the world. In the past year or so, we have seen companies leaving swanky offices and moving to small offices, and worse, hundreds of companies closing down. This

Potential Perfect Storm to Prompt Spanish Property Purchases

Posted:2009-04-20 17:10:41 - By Michael Sutton

Spain has long been a favorite with property buyers but as a result prices grew and property in Spain became quite expensive. But lately Spanish property prices have fallen rapidly; properties can be bought

Will the UK Housing Market ever be the Same Again?

Posted:2009-04-20 13:03:35 - By Liam Bailey

Yes, it is true: this is not the first housing depression we have endured in the UK. It probably won't be the last either. One thing -- and I'm not saying the only thing -- that is different about this

UK House Prices & Rightmove: Bumping Along the Bottom? I Think Not

Posted:2009-04-20 09:43:53 - By Liam Bailey

The Rightmove index has once again showed a rise in asking prices, but this time, because it is the third such monthly rise, they are viewing it with more optimism than the last. The fact that agents are

Chancellor Urged to Adjust Stamp Duty: There's No Quick Fix

Posted:2009-04-19 19:10:35 - By Liam Bailey

The Chancellor is receiving yet more calls from within the property industry about what he should do in this year's budget. This time the calls are for what should be done about Stamp Duty.Nick Hopkinson

Côte d'Azur Property Market Suffers from Downturn

Posted:2009-04-19 13:19:35 - By Emma Louise Bailey

The property market of CÔte d'Azur is not escaping the downturn as was previously expected. The playground of the rich and famous struggling in the face of a foreign buyer exodus, and to make the

Response to More Falsely Optimistic Reports on UK House Prices

Posted:2009-04-18 22:10:07 - By Liam Bailey

In an article in the Coventry Telegraph, Harvey Williams Coventry and Warwickshire regional spokesman for the Royal Institution of Chartered Surveyors, has slated the recent government figures on the UK

Spanish Property Price Decline Accelerates

Posted:2009-04-18 20:01:30 - By Alan Siddel

Spanish property prices fell by 6.8% in the first quarter of this year, which is faster than they have at any time before. The quarter by quarter fall was 3%, again the fastest yet and the fourth quarterly

First Time Buyers "Locked Out" of Scottish Housing Market

Posted:2009-04-18 16:11:01 - By Scott Bailey

In stark contrast to the upbeat reports of late, Shelter Scotland has reported that first time buyers are "locked out" of the market because of a lack of mortgages, and a shortage of affordable housing.The

Sterling Continues to Strengthen against Euro, Loses Ground to Dollar

Posted:2009-04-18 08:28:52 - By Emma Louise Bailey

The Pound continues to strengthen against the Euro, but has lost some of the ground it recently gained against the US Dollar.1 Pound Sterling is now worth 1.13 Euros, up from 1.12 since Wednesday. Sterling's

UK Property Industry Big-Hitters urge VAT Rate Cut in Budget

Posted:2009-04-17 22:17:04 - By Michelle Conlay

Some of the biggest hitters in the UK construction industry have joined together in their calls for the UK chancellor Alistair Darling to take the EU up on its allowance, and cut the rate of VAT from 15%

Thailand Protests Won't Affect Property Markets as Badly as Thought

Posted:2009-04-16 12:48:49 - By Scott Bailey

Today PropertyWire.com ran a story on how the political protests in Thailand will affect tourism, which will "filter down" to affect the property markets. I do not believe this to be true. Yes, the tourism

Govt Figures on UK House Prices Show Inaccuracies of other Indexes

Posted:2009-04-16 08:25:33 - By Liam Bailey

The latest government figures on UK house prices have shown just how inaccurate some of the other indexes have become due to the low transaction volumes. In fact so inaccurate that they currently should

UK House Prices: RICS Issues Guidance Note on New-Build Valuations

Posted:2009-04-15 18:28:27 - By Scott Bailey

The Royal Institute of Chartered Surveyors has published a guidance note on the valuation of new-build properties.RICS spokesperson Barry Hall said: "All parts of the property industry are in agreement

Sterling Strengthens: Mixed News for UK, Good News for Europe

Posted:2009-04-15 09:27:38 - By Liam Bailey

The Pound is strengthening against the Euro. The value of Sterling rose from €1.07 to €1.10 between last Monday and the Monday before, it stood at €1.11 when I checked last Friday, and it

HBOS to Offer 120% LTV Mortgages to Homeowners in Negative Equity

Posted:2009-04-14 18:50:57 - By Emma Louise Bailey

HBOS, a conglomerate of Halifax and the Bank of Scotland, which is now part of the Lloyds banking group, is to offer 120% fixed rate remortgage deals to homeowners in negative equity who are nearing the

Online Communities: The Future of Private Property Sales?

Posted:2009-04-14 15:27:20 - By Liam Bailey

Out of property portals emerged FSBO property; the business of selling your own house, selling property privately as it is also known.Property has become harder to sell as the credit crunch has worsened,

FT Index Raises Hopes But How Accurate is it?

Posted:2009-04-13 19:28:05 - By Liam Bailey

The Financial Times today released statistics on the UK housing market for February from its house price index. Surprisingly the FT index is not showing the same level of price declines: it puts the average

UK Stable by October or Darling Using Positive Mental Attitude?

Posted:2009-04-13 15:45:04 - By Liam Bailey

I have just been left slightly bamboozled by the Telegraph's analysis page detailing the run up to Alistair Darling's 2009 budget.The most recent article on the left hand side is about Darling proclaiming

EIB Supports Lebanon Infrastructure Development

Posted:2009-04-12 18:44:27 - By Liam Bailey

EIB supports water and road infrastructure in Lebanon European Investment Bank (EIB) vice president Philippe de Fontaine Vive has just returned from his trip to Lebanon at the bequest of Fouad Siniora.

UK House Prices will Fall for as Long as Unemployment Rises

Posted:2009-04-12 09:29:09 - By Liam Bailey

Almost everyone seems to have developed the belief that a further 10% will be enough for the UK housing market to hit rock bottom. This will mean a 26.5% drop from peak if you go by the current Land-Registry

Latest Reports on UK Property Market Overly Optimistic

Posted:2009-04-10 07:43:32 - By Liam Bailey

Yesterday experts predicted that the UK property market would bottom and the recovery would begin all in the next few weeks. The press have been quick to pounce on his optimism, but in reality that is

Bank of England Leaves Base Rate Unchanged - Commentary

Posted:2009-04-09 20:39:51 - By Liam Bailey

The Bank of England has decided to leave the base rate unchanged at 0.5%. "The decision to leave base rates at 0.5% is unsurprising - further cuts would have little effect on the mortgage market. It is

IMF: Albania Reccession Out of Question, Growth to Slow

Posted:2009-04-08 20:30:21 - By Emma Louise Bailey

The International Monetary Fund has cut its growth forecast for Albania to 0-1%, but still believes recession is "out of the question" for the emerging Eastern European economy.Last year Albania's assistance

Bramzell Hits Out Again, This Time at Axe Agent Presenter

Posted:2009-04-07 20:34:28 - By Liam Bailey

Property Index director Lee Bramzell has once again climbed onto his soapbox, this time to criticise developer and Axe the Agent presenter Gary McCausland for his comments in the Mail on Sunday.Last month

REDC Not to Blame for Repossessions

Posted:2009-04-07 10:43:04 - By Michelle Conlay

The REDC is being villlified in the UK press for profiting from the misery of repossession. This is not what it is doing.The houses have already been repossessed. They have not been repossessed by, for

Cyprus Property to be Boosted by Russians

Posted:2009-04-06 21:15:35 - By Alan Siddel

One of Cyprus' leading builders is expecting the property market to be boosted by an influx of Russian buyers keen to off load shares in favour of overseas property."Limassol has recently undergone a significant

RICS Comments on Change to HIPs Law

Posted:2009-04-06 18:13:59 - By Liam Bailey

The Royal Institute of Chartered Surveyors today commented on the law change concerning Home Information Packs, which effective April 16th will need to be provided from the first day the property is advertised.The

Darling Admits He Badly Underestimated the Recession

Posted:2009-04-05 14:37:07 - By Emma Louise Bailey

In an interview in the Times Alistair Darling has said that he badly underestimated the depth and severity of this recession in his pre-budget report, and that his forecasts would need to be torn up.Darling

1.9% Monthly Drop in UK House Prices for March - Halifax Index

Posted:2009-04-04 14:27:31 - By Scott Bailey

The Halifax building society recorded a 1.9% fall in house prices in March according to the latest release of its house price index, though it said the annual rate of decline had slowed slightly.This is

NAEA Says HIPS Discouraging Sellers, Calls on Govt to Suspend

Posted:2009-04-03 20:55:23 - By Emma Louise Bailey

The National Association of Estate Agents has released details of its recent survey, heavily criticising the government's continued faith in Home Information Packs. From today HIPS are not only compulsory

Kosovo Recognition May Receive Boost from Energy Investment

Posted:2009-04-03 17:32:39 - By John Palmer

The International Energy Corporation group would like to pull out of Venezuela in favour of Kosovo, a proposal which has been welcomed by the Kosovan government, according to group head Wolfgang Hertel,

How Should We Feel About the UK Property Price Rise?

Posted:2009-04-03 06:51:38 - By Liam Bailey

According to the latest release of Nationwide's UK house price index, the average price of a UK home rose by 0.9% to �150,000. The news received a mixed response:Nationwide was unoptimistic, saying it

How Badly Will Australia Property be Affected by Downturn?

Posted:2009-04-01 19:51:15 - By Liam Bailey

The Australian Reserve Bank has said that the quality of the loans underpinning the property market will keep it from being as badly affected as those overseas, even though Australia's economy is currently

EU and UN Meetings with Kosovo Give FM Fresh Hope of Recognition

Posted:2009-04-01 09:33:39 - By Emma Louise Bailey

Meetings with the UN in New York and the EU in Prague have spurred Kosovo foreign minister Skender Hyseni's hopes of international recognition for the fledgling state. After returning to Pristina he said:"Kosovo's

RICS Statement on New Report: More of the Same

Posted:2009-03-31 20:21:11 - By Scott Bailey

The Royal Institute of Chartered Surveyors issued a statement today on the property investors bulletin. Their senior economist Oliver Gilmartin said:"Today's figures from the property investors bulletin

UK Govt to Spend �170million On Transport to Boost Housing Development

Posted:2009-03-30 10:02:34 - By Scott Bailey

Housing Minster Margaret Becket has joined forces with Transport Minister Paul Clark; the pair announced that the government will spend £170 million on 29 new transport projects aimed at supporting

UK Property: REDC Will Increase Buyer Activity - Good for Market

Posted:2009-03-29 21:30:31 - By Liam Bailey

The launch of huge auctions by the Real Estate Disposition Company in the UK, selling repossessed properties by the dozen starting with the first auction this Tuesday, could "bring about a significant

Reduced International Presence Gives Kosovo Greater Practical Independence

Posted:2009-03-28 21:40:49 - By Liam Bailey

Kosovo is being made more independent, because of the economic crisis causing members of the international mission in Kosovo to scale down their contingencies, which is leading to greater authority for

Property Index CEO Slams Axe the Agent in Letter to BBC

Posted:2009-03-28 15:19:45 - By Scott Bailey

Lee Bramzell, the CEO of one of the UK's largest property portals, Property Index, has written a letter to the BBC calling on them to "reconsider decommissioning" the Axe the Agent series. In the letter,

UK House Prices Down 2.0% in February, 16.5% on Last Year

Posted:2009-03-27 15:43:04 - By Liam Bailey

House prices in England and Wales fell 2% in February according to the latest release of the Land Registry house price index, bringing the average price down to £153.862 and the annual fall to 16.5%.

Scots Parliament Backs FMB Call for VAT Cut on Property Repairs

Posted:2009-03-26 14:20:39 - By Alan Siddel

The Federation of Master Builders is calling on Alistair Darling to reduce VAT on materials used for property repair work, a call now thought to have "cross-party support" in the Scottish parliament.According

Buying Overseas Property Off Plan: Due Diligence or Die

Posted:2009-03-26 11:03:27 - By Liam Bailey

Maybe the title is a bit drastic, but doing your own due diligence can mean the difference between a dream home and a nightmare experience. Off plan property can be very inexpensive, but I don't know

European Property: EU Construction Output Grows January 2009

Posted:2009-03-25 21:15:06 - By Emma Louise Bailey

According to new figures released by Eurostat (the EU statistics body), construction in the Euro area (EA17) for January this year was up 1.3% on December 2008, and up 1.8% in the European Union as a whole

UK Property: Short Supply a Worry for Some

Posted:2009-03-25 12:04:11 - By Liam Bailey

UK housing stocks have fallen by "around a quarter from last year," according to NewHomesForSale.co.uk, a UK property portal specialising in new build homes. Spokesperson for the portal Michelle Williams

UK Property: Falling Savings Deposits+Rising Mortgage Lending=?

Posted:2009-03-24 22:08:02 - By Scott Bailey

Savings deposits fell by £73million in February, following a drop of £200million in January as returns deteriorate; with some accounts now paying 0% returns to savers. Some are saying that

UK Property: Buyer's Letting Market Leaves Landlords in the Lurch

Posted:2009-03-23 19:24:37 - By Scott Bailey

Last year, many people who couldn't sell their UK property, or at least not for the price they wanted, but who were still determined to move, decided that renting it out was a good alternative. But now,

Spain Property Sales Dropped 41% in January

Posted:2009-03-22 16:06:37 - By Emma Louise Bailey

A 41% year on year drop in Spanish property sales was recorded in January this year according to the National Institute of Statistics, reports Spanish Property Insight.com. Sales fell from 56,378 transactions

Private Property Sales Could Change Role of Estate Agents

Posted:2009-03-21 20:33:05 - By Liam Bailey

Selling property privately is becoming big business. The portals attract thousands of visitors every day, most of them actively looking to purchase property, and some charging only £89 to advertise

Turkey Central Bank Latest Base Rate Cut

Posted:2009-03-21 12:58:49 - By Emma Louise Bailey

Turkey's central bank has cut its base-rate equivalent by 1% because of falling inflation and output as well as the worsening economic outlook in the country. This is the latest in a serious of reductions

Rightmove Index: Raised Asking Price Doing More Harm than Good

Posted:2009-03-20 10:49:28 - By Liam Bailey

According to the latest release of Rightmove's house price indexasking prices on UK property rose 0.9% this month compared to last month.The report admits that agents are being forced to up initial advertising

UK Property: Who Benefits Most From Returning Fixed Rate Mortgage

Posted:2009-03-19 22:41:54 - By Liam Bailey

I am rather baffled that more commentators aren't sceptical that the banks have brought back five year fixed rate mortgages now. I have read two articles one in the Daily Mail and one on Hotproperty.co.uk,

Albania Property Market Falls into Decline

Posted:2009-03-19 18:17:58 - By Liam Bailey

Albania property has began to feel the effects of the credit crunch, reports Balkan Insight.com. quite suddenly, falling demand has caused the banks to tighten its lending policies and developers to advertise

UK Mortgage Lending Hits Lowest Level Since 2001

Posted:2009-03-19 13:15:20 - By Emma Louise Bailey

Gross mortgage lending in the UK fell a further 15% in February, down to just £9.9 billion; the lowest level since February 2001 according to latest figures released by the Council of Mortgage Lenders

UK Property: Housing Market Recovery Hinges on Three Things

Posted:2009-03-18 17:58:01 - By Liam Bailey

It is has become apparent that the UK housing market recovery is dependent on three things, all of which are going to take an indeterminate amount of time to resolve: sellers realising that it is a buyer's

NAEA: Prices up on Smaller and Luxury UK Properties

Posted:2009-03-16 16:20:45 - By Liam Bailey

The National Association of Estate Agents has released more figures concerning the UK property market, and property prices in February. Apparently small properties saw price rises in February, as did luxury

US Foreclosure Auction Giants are Here in the UK

Posted:2009-03-16 15:07:15 - By Scott Bailey

The Americans are here. Huge American property auction company, the Real Estate Disposition Company, specialising in sales of foreclosed and distressed properties has announced the dates for its first

Czech Republic, Bulgaria, Romania and Poland to Avoid Recession

Posted:2009-03-15 18:44:48 - By Liam Bailey

The European Commission has said that it expects Poland, Czech Republic, Bulgaria and Romania to avoid recession in 2009 and 2010, but seriously downgraded the growth expected for the EU newcomers.Poland's

UK Property Market: Throwing Money at the Problem not the Answer

Posted:2009-03-13 19:24:52 - By Liam Bailey

CEO of look4aproperty.com Aaron Turner has urged the government to accelerate quantitative easing and "put more money into the housing market."In a press release, Turner said that "Money needs to be put

Montenegro Property Well Poised for Rapid Post-Crunch Growth

Posted:2009-03-13 13:01:40 - By Alan Siddel

Montenegro property prices grew rapidly between December 2006, when it split from Serbia, and Q4 2008, when the credit-crunch dampened growth almost everywhere. This growth happened on the back of massively

Survey Results Show Surprising Interest in Property Investment

Posted:2009-03-12 18:39:52 - By Allan Siddel

Our survey which asked readers of articles on the site if they are planning on investing in property this year has had some quite shocking results. So far 46% of those who have filled out the survey have

Spain Property Sales Dropped 35% Q4 2008 - Housing Ministry

Posted:2009-03-11 09:43:39 - By Scott Bailey

House sales in Spain dropped 35% in the 4th quarter of 2009, according to the Spanish housing ministry figures released Thursday. A big surprise for me was the fact that resale properties were worst affected;

UK Property Market Still Hindered by Lack of Supply and Mortgages

Posted:2009-03-10 17:11:21 - By Emma Louise Bailey

The Royal Institute for chartered Surveyors has announced a massive increase in buyer interest in the UK property market for February. The associated press release said:"20 percent more Chartered Surveyors

Spain Property: Oversupply Will Cause Prolongued Correction in 2009

Posted:2009-03-07 18:04:55 - By Allan Siddel

The annual report into European housing markets by the Royal Institute for Chartered Surveyors paints a bleak picture for Spain property in 2009. 2008 saw new developments fall by only 4.1% on the record

Could Kosovo be the Next European Property Hot-Spot?

Posted:2009-03-07 15:08:03 - By Write About Property

Could Kosovo be the Next European Property Hot-Spot? Kosovo's Possible Future:The Eastern European countries like Bulgaria, Estonia, Latvia, Croatia and even Lithuania were undoubtedly the first poster

Cyprus Property Popular Despite Deeds Problem

Posted:2009-03-06 14:19:46 - By Liam Bailey

Cyprus property is set to be a big hit with international property buyers this year, despite the problems with foreign buyers not getting their title deeds, a scandal that has led to many people being

Croatia Property: Accept Mediation or Risk Losing EU Accession

Posted:2009-03-05 21:04:26 - By Allan Siddel

The European Union has proposed a mediation group headed up by former Finnish president and Nobel Peace Prize winner Martti Ahtisaari to help solve the border dispute with Slovenia that threatens Croatia's

Consumer Confidence Index: Hope for Rise by Property Market Bottom

Posted:2009-03-05 08:02:24 - By Allan Siddel

The Nationwide Consumer Confidence Index climbed two points in February, to 43. While confidence in the present situation dropped for the eighth consecutive month, 19% of people believe the situation will

Cyprus Property: Body reports Rise in Nicosia Prices

Posted:2009-03-04 20:10:08 - By Emma Louise Bailey

Property prices in Nicosia Cyprus have risen by up to three percent despite the credit crunch and widely reported massive slump in sales, according to the Contractors Association (CA), reports the Famagusta

International Property, the Internet and Human Evolution

Posted:2009-03-04 13:08:46 - By Liam Bailey

The last property boom started in the UK slowly in 2007, is it a coincidence that this is when the PC became affordable and was becoming the next big appliance; that every home should have, or has the

Low End Thai Property Shows Possible Recovery, High End Ails

Posted:2009-03-04 08:55:58 - By Liam Bailey

2009 seems to have had a positive start for some overseas property destinations, including Turkey and Thailand.Yesterday, Turkey property specialists Spot Blue posted figures to their blog that show a

Property Slump Hit Asia Hard and Fast, Recovery may do Same

Posted:2009-03-03 21:06:19 - By Scott Bailey

Sales of Asian property fell by an average of 70% in the 4th quarter of 2008, reports Asia Property Report. In the article, published Feb 26, Khalil Adis writes:"Gateway cities experienced the greatest

Forced Sales of Lavish Iceland Gov. Properties Says it All

Posted:2009-03-03 17:14:15 - By Emma Louise Bailey

I read a story this morning that I feel is either endemic of the times, or a sign of things to come from the new government of Iceland:Wall Street Journal reports that Iceland is selling off its ambassadorial

London's Prime New Development Market May Be Flattening

Posted:2009-03-02 21:08:23 - By Emma Louise Bailey

Estate agency Knight Frank has said that the new development sector of London's prime residential market 'may be flattening out'.The firm's optimism rests primarily on rising investor interest in the sector

Off Plan Property Wanted, Dead or Alive?

Posted:2009-03-02 17:12:21 - By Liam Bailey

Off Plan Property Wanted, Dead or Alive? Is off plan property a dead market at the minute, or have buyer numbers slipped by a mere fraction to the news available in the mainstream media?The traffic levels

Overseas Property coverage UK: Times & Express Keep the Vibe Alive

Posted:2009-03-01 20:41:44 - By Liam Bailey

Most of the UK National newspapers (not counting the tabloids) have almost completely stopped covering overseas property; especially overseas property investment. The Express and The Times are the only

Foreclosure Assistance Better in US than UK

Posted:2009-03-01 12:27:14 - By Allan Siddel

Property foreclosure has become so prolific in the US, so common that it has lost its taboo. More people than ever before facing foreclosure are putting their pride in a basket and asking for help. But

Property Companies Realising the Potential of Social Media

Posted:2009-02-28 23:21:35 - By Liam Bailey

It is becoming apparent that the social media platform can be of great benefit to property companies. An article published here earlier this week covered how the Homesgofast portal is finding Twitter useful

US Foreclosure Auction Giant Comes to 'Flood UK Property Market'

Posted:2009-02-28 19:00:50 - By Liam Bailey

A massive US property auction company, currently specialising in foreclosed properties, is coming to the UK, reports the Guardian.The company, Real Estate Disposition Company has been approaching UK mortgage

Cyprus Property: Government First Time Buyer Scheme Gets Underway

Posted:2009-02-28 17:35:07 - By Scott Bailey

Cypriot finance minister Charilaos Stavrakis approved the first 30 loans of the new government scheme to help first time buyers on to the Cyprus property ladder. The loans totalled €4.2million, making

Cambodia Property: Foreign Ownership May Be Close

Posted:2009-02-28 08:50:07 - By Liam Bailey

The Xinhua News agency has reported that foreigners will soon be able to own Cambodia property. Apparently the Cambodian Ministry of Land Management, Urban Planning and Construction is currently drafting

Overseas Property Investment: Loads of Land for 2009

Posted:2009-02-27 21:17:38 - By Liam Bailey

As property prices in most countries around the world have fallen sharply, so too have land prices, in some cases land has fallen even more sharply. In some parts of India land plots have fallen by as

Cyprus President States Support for Serbia's EU Membership

Posted:2009-02-27 19:09:23 - By Emma Louise Bailey

February 23 saw Cyprus President Demetris Christofias put his weight behind Serbia's EU accession bid on a two day visit to the country accompanied by ministers of foreign affairs and commerce. Kosovo

England and Wales House Prices Fall 0.8% in January - Land Registry

Posted:2009-02-27 13:10:13 - By Liam Bailey

According to Land Registry figures released today Wales and England property prices saw a monthly fall of 0.8%, January 2009 compared to December 2008, making the annual fall 15.1% according to the Land

Montenegro Property: Boost from EU Accession Maybe Needed

Posted:2009-02-26 23:13:53 - By Emma Lousie Bailey

Montenegro is attempting to establish diplomatic relations with Kosovo, according to Podgorica-based daily Vijesti, who made the report based on a goverment document regarding Montenegro's continued efforts

Twitter and Business: Write Good Content and the Rest Will Follow

Posted:2009-02-26 15:34:08 - By Liam Bailey

If social media is a 21st century phenomena, and a web 2.0 craze; then Twitter is a microcosm of that craze. It seems everybody wants to be followed nowadays. For some businesses, still trying to get

Falling Tourism Yet More Bad News for Cyprus Property Market

Posted:2009-02-26 14:45:35 - By Susan Irons

Tourism to Cyprus is expected to drop by more than 10% this year, according to the Cyprus Tourism Organisation (CTO). This will equate to a 250mln Euro drop in revenues from foreign exchanges alone. This

UK Property: Nationwide Report 1.8% Drop in House Prices

Posted:2009-02-26 12:26:49 - By Scott Bailey

Figures released by the Nationwide reveal a 1.8% fall in UK property prices for February. The UK national average property price is now, £147,746. According to the building society the main problem

Dubai Property Investors, Go Online to Check Development Status

Posted:2009-02-26 10:48:05 - By Emma Louise Bailey

The Dubai Real Estate Regulatroy Agency has started an online programme to allow investors and property buyers to find out more easily if the development, in which they have put their money, is to be built

UK Property Market Recovery: 5-7% Price Growth in 2010

Posted:2009-02-25 21:14:24 - By Liam Bailey

Jones Lang Le Salle has forecast that the UK property market recovery won't begin until 2011, the same year as it predicts recovery for Dubai. I believe the UK property market recovery will be earlier,

UK Property: Mortgages Growing, Just Not Quickly Enough

Posted:2009-02-25 13:46:00 - By Liam Bailey

According to the British Bankers' Association statistics the number of mortgages approved for house purchases saw a month on month growth in January, but is still at very low levels. The total amount approved

Albania Property: Affordable Housing Internationally Appealing

Posted:2009-02-25 10:40:38 - By Liam Bailey

The EU statistics division, Eurostat has revealed that December 2008 saw construction contract by 2.2% in the Euro area (EA15), 1.7% across the EU27, when compared to November 2008. This was almost twice

100% Non-Resident Mortgages on France Property

Posted:2009-02-24 20:21:16 - By Scott Bailey

French mortgage direct has revealed that 100% mortgages will be available throughout France to non-residents. 100% mortgages were previously only available on some regions.This could provide a boost to

British High Commission Awards Grant to Cyprus Property Group

Posted:2009-02-24 20:21:16 - By Jake Kyle

The Cyprus Property Action Group (CPAG) has received a grant from the British High Commission in Nicosia. The money is to go towards computer equipment and expenses.L-R British Consul Claire Lawley said:

European Leaders Agree Joint Stance on Economic Crisis

Posted:2009-02-24 20:21:16 - By Allan Siddel

The leaders of Europe's largest economies: Britain, France, Italy, Spain, Germany and the Netherlands met in Berlin to agree a joint European stance, in advance of the April 2 meeting of 20 developed and

UK Govt's Further Measures to Increase UK Mortgage Lending

Posted:2009-02-24 11:37:29 - By Emma Louise Bailey

Alistair Darling has offered to drop Lloyds Banking Group's £480m annual interest bill on a taxpayer loan, in return the bank will be expected to provide billions of pounds in new mortgage lending

Spain Property Fraud Victims Petition Downing Street

Posted:2009-02-23 23:03:52 - By Emma Louise Bailey

A petition will be delivered to number 10 Downing street this month, by people who have been the victim of fraud when buying Spain property. The petition will ask that Gordon Brown speak directly to Spanish

Northern Rock to Increase New Mortgages by �14billion by 2010

Posted:2009-02-23 17:48:51 - By Scott Bailey

Northern Rock is to increase mortgage lending by £14 billion in the next two years. The bank has agreed a Treasury sponsored business strategy that will introduce around £5billion in new mortgage

Overseas Property Investment: Affordable Housing for 2009

Posted:2009-02-22 22:25:28 - By Liam Bailey

While the credit-crunch has crippled property price growth in almost every -- if not every -- country around the world, though there are some property types and regions that are still seeing growth, as

Dubai Property Recovery 2011 - Jones Lang La Salle

Posted:2009-02-22 15:31:34 - By Scott Bailey

Major real estate firm Jones Lang LaSalle has stated its expectation that the Dubai property market will recover in 2011, following research conducted into the country.Their report said Dubai's property

New Website to Help Struggling US Homeowners Avoid Foreclosure

Posted:2009-02-21 19:22:04 - By Emma Louise Bailey

A new website has been launched to help those facing foreclosure in the US to assess their options, and if worthwhile hire a professional to help them avoid losing their homes.Hannah Fliegel, a credit

The Credit Crunch and Emerging Property Markets

Posted:2009-02-21 12:54:19 - By Scott Bailey

UK property prices have been had dropped for 10 months straight, bringing prices of UK property to 20% or more lower than they were at their peak last April. Most analysts are now predicting that the market

Cyprus Property Plagued by Oversupply Problems

Posted:2009-02-20 20:06:53 - By Allan Siddel

The rapid drop in sales of Cyprus property has left a severe oversupply of property in the country. The problem was revealed yesterday at a government meeting on the property situation within the country,

Poorly Written Property Press Releases

Posted:2009-02-20 20:06:53 - By Liam Bailey

I got so fed up of reading poorly written press releases that I had to put pen to paper on the subject. Obviously I am not going to go into too much detail and risk doing myself out of potential work,

UK Property Recovery May Not be so Dependant on Mortgages

Posted:2009-02-20 10:35:56 - By Emma Louise Bailey

All the recent reports into the UK property market say pretty much the same thing, there will be no recovery until finance starts to become more readily available. Sure readily available high LTV finance

Demand Stable on Property in France, Price Drops in Portugal

Posted:2009-02-19 19:41:38 - By Liam Bailey

Demand for Property in France's cosmopolitan areas such as the CÔte d'Azur is remaining at a steady level according an expert on the ground in the country. David King, Director of Winkworth France

UK Property: Buyer Interest Not Translating to Sales, NAEA Report

Posted:2009-02-19 11:59:22 - By Liam Bailey

The National Association of Estate Agents released its report into the UK property market today. The report showed that the body's previous report of increased sales in the first fortnight in January

Cyprus Property Deed Affair Calls for UK Govt Attention

Posted:2009-02-19 10:20:55 - By Scott Bailey

The UK government is taking a hands-on approach to resolving difficulties Cyprus property buyers are having in obtaining their deeds.Sources say an estimated 80%-90% of foreign purchasers of Cyprus property

Obama Housing Plan Unveiled to World

Posted:2009-02-18 19:52:11 - By Allan Siddel

President Barack Obama has revealed his long awaited plan to deal with the American housing crisis, by helping an estimated 9 million families who are struggling to pay their mortgage. The plan will provide

For Sale By Owner Property: A Growing Trend That's Here to Stay

Posted:2009-02-18 14:42:37 - By Emma Louise Bailey

In the world of property, FSBO is more of a new buzz-word than an anagram; For Sale By Owner is a new trend sweeping the world of online property sales. New because: before the advent of the internet and

France Property Most Searched for in Europe

Posted:2009-02-17 20:16:04 - By Jake Kyle

France property is the most popular in with Google searchers. Write About Property has analysed search numbers for all the countries in Europe followed by the word property, i.e. Spain property etc, and

UK Property 8th Most Popular with Jet to Let Investors

Posted:2009-02-17 18:36:53 - By Liam Bailey

The UK has entered the Jet-to-Let's top ten property investment destinations, the chart released following its annual survey of its readers. The UK was placed at 8th most popular, having never appeared

Cyprus Property Tops Chart: Jet-to-Let Survey

Posted:2009-02-17 15:02:29 - By Liam Bailey

Jet-to-Let has revealed the findings of its annual survey into its readers favoured countries for property investments. The press release focused on the possible surprise that the UK had entered the top

Spain Property to be Boosted by Expected Euro Fall

Posted:2009-02-16 11:15:47 - By Liam Bailey

Most economists expect the Euro to begin dropping in value this year. If it does, it will make Spain properties even cheaper to British buyers than the latest round of price drops, some by up to 50% than

American Property Growing in Popularity - Portal

Posted:2009-02-15 15:59:27 - By Allan Siddel

American property has become increasingly popular since President Obama's election, according to portal The Move Channel, who named America number one in its monthly chart of most popular countries with

German Property Investment's Untapped Potential

Posted:2009-02-15 13:22:50 - By Scott Bailey

According to Eurostat figures, between 1997 and 2007, Germany was the most popular destination in Europe with tourists from around the world, by a large margin on Spain, Italy and France. If this has continued,

EU to Meet on Economic Recovery - Crucial for Property Markets

Posted:2009-02-14 21:16:31 - By Scott Bailey

The European Parliament and Czech Republic Parliament are to hold a two day joint parliamentary meeting this month aimed at kick-starting job creation and economic recovery in the EU. In attendance at

Rent-to-Own Property Scheme to Help FTBs Onto UK Property Ladder

Posted:2009-02-14 18:46:46 - By Allan Siddel

Online property rentals portal goodtenant.com has announced a new rent-to-own scheme to help conscientious tenants, even those with poor credit-history onto the property ladder, it could be an excellent

Overseas Property Investment: Favour Established Growth Markets in 2009

Posted:2009-02-14 13:48:13 - By Liam Bailey

I have read two reports this morning, one on a report into Cambodia's economy and property by the World Bank, and one on Vietnam property by Asia Property Report. Both said the same thing, that while economic

Credit Crunch: The Unpredictable Global Recession

Posted:2009-02-13 21:48:09 - By Scott Bailey

The credit-crunch is the first ever global recession, and that is why things are so bad. I believe that this global recession presents a situation so different that all previous statutes, precedents and

More Positive Signs for the UK Property Market

Posted:2009-02-13 19:41:38 - By Emma Louise Bailey

Knight Frank today reported a 25% year on year growth in buyer interest in rural properties in January 2009.According to all reports the recovery will depend on increased availability of finance, and an

Orlando Foreclosures Expo a Success - Round 2 in June

Posted:2009-02-12 22:56:38 - By Allan Siddel

Following the success of the first Orlando foreclosures expo this month, its organisers have announced plans to hold a second event in June this year.Phil Peachey, founder and organiser of the event said:"Real

Latest Knight Frank Stats Spur My Hope for Slow UK Property Market Recovery

Posted:2009-02-12 20:27:34 - By Liam Bailey

Today (Feb 12 2009) Knight Frank released their latest research findings and stats on the London housing market. The report contained nothing to change my view that the UK property market could slowly

New Credit Checks May Stunt UK Property Recovery, Prolong Recession

Posted:2009-02-11 21:27:50 - By Liam Bailey

A new credit-scoring system revealed this week could cause the UK property slump to be worse than is currently expected, and make the UK economic situation as a whole worse. In fact, it could send the

Cyprus Property Sales Continue to Fall

Posted:2009-02-11 18:03:42 - By Scott Bailey

Cyprus property sales are continuing to fall, having been in freefall since October last year. According to figures released by StockWatch the year on year drop for last month was 72%, following a 65%

Agents Report: More Hope for UK Property Market Recovery

Posted:2009-02-10 21:09:45 - By Liam Bailey

The monthly report into the property market of London's boroughs by various sales managers of Kinleigh Folkard & Hayward shows that January was on the whole a very positive month for London property.

Yet More Spanish Properties Fall Prey to Credit-Crunch

Posted:2009-02-10 03:08:02 - By Jake Kyle

Spanish property specialists Titan properties have released their first list of distressed properties in Huelva province in Spain's Costa de la Luz region; the list displays the lowest priced properties

GEM Estates to Hold Online Seminars for Caribbean Properties

Posted:2009-02-09 23:06:58 - By Allan Siddel

In a difficult market GEM estates are trying something new to increase sales of their off plan Caribbean property. As the global uncertainty has people even more dubious about buying off-plan property,

Cyprus Property Market Aided by New Golf Courses

Posted:2009-02-09 19:15:39 - By Emma Louise Bailey

The Cypriot government has given final approval for fourteen new golf courses on the island, which will undoubtedly help Cyprus in its aim to increase tourism, and in turn then aid the Cyprus property

Overseas Property Agents: Is It Time to Change Tactics?

Posted:2009-02-08 15:10:18 - By Liam Bailey

During the overseas property investment boom, agents focussing on investment properties, especially off plan property in emerging markets made loads of money. But now, as the credit crunch makes off plan

Does the Price Rise Signal a UK Property Recovery?

Posted:2009-02-06 21:13:54 - By Liam Bailey

The Halifax recorded a 1.9% increase in UK house prices for January, a surprising rise after ten straight monthly price drops. While some commentators have hailed it as a sign that the UK property market

Property Boom Snowballs and Credit-Crunches -- Lessons to be Learned

Posted:2009-02-06 09:42:27 - By Liam Bailey

International Bank HSBC has estimated that the global downturn has caused almost $53 billion worth of new developments to be put on hold on cancelled in Dubai. The bank says the biggest problem is the

Estate Agent Body: UK Recovery Maybe Close

Posted:2009-02-05 17:22:23 - By Jake Kyle

The National Association of Estate Agents has become the latest body to state that the recovery of the UK housing market may not be as far away as first thought. The body basis its claim on recent rises

Albania Property Resilient to Credit-Crunch

Posted:2009-02-05 15:47:37 - By Allan Siddel

Albania is a good market to make a property investment in 2009 according to an industry expert. Albania's property market is displaying remarkable resilience to the credit-crunch, based on internal sales,

Apart-Hotels: A Safe Investment for Cautious Investors

Posted:2009-02-04 20:23:05 - By Emma Louise Bailey

People who still see the benefits of an overseas property investment but are unsure where to put their money in an unstable world should invest in apart-hotels according to and industry expert. Liam Bailey

Will the World Get Behind Lebanon's Cedar Island

Posted:2009-02-04 19:11:41 - By Liam Bailey

Pending government approval, Lebanon is to become the site of the world's largest tree-shaped island development. Beirut based developer Noor International has revealed plans for the Cedar Island -- set

Second Report Says UK Property Recovery is Nearing

Posted:2009-02-03 15:26:32 - By Liam Bailey

Prime purchase property acquisitions has announced in a press release that they believe the London property market has bottomed out and is primed for recovery saying that "prices have certainly tumbled"

Cyprus: Pyla Property Boosted by New Disney Resort

Posted:2009-02-03 02:42:09 - By Susan Irons

Cyprus will be boosted massively by the Disneyland resort to be built on the island. The €800 million resort will be built by Russian conglomerates in the town of Pyla, and will become the "island's

Redrow to Build 300 Homes in Maidstone Kent

Posted:2009-02-03 01:58:25 - By Jake Kyle

In what could be called a bold move in the current climate UK property developer Redrow has announced plans to build 300+ new homes on the grounds of what used to be Senacre college in Maidstone Kent.

Turkey's Tourism Fuelled Property Market Set to Grow

Posted:2009-02-02 23:21:52 - By Emma Louise Bailey

Today the Turkish Culture and Tourism Ministry revealed how it plans to have Turkey's annual visitor numbers hitting the 40 million mark by 2013. The plans include a new airport, 9 marinas and 10 tourism

Property Website for First Time Buyers

Posted:2009-02-01 20:16:25 - By Allan Siddel

Property specialists Movewithus have launched a site specifically tailored to helping first time buyers find a home. The new website whitehotproperty.co.uk primarily advertises chain-free properties that

Overseas Property Agents: Descriptions Hold the Key

Posted:2009-01-30 18:29:09 - By Liam Bailey

In my time working in the overseas property industry, looking at countless overseas properties on agent's websites for one reason or another, I have noticed a trend: off-plan property descriptions (write-ups)

First Time Buyers: Rent for a While Yet

Posted:2009-01-29 21:28:45 - By Liam Bailey

I have just been reading a thread on the forum House Price Crash, and the consensus of opinion is that those first-time buyers who have been renting because they couldn't afford to buy in their area, should

UK Property Could Benefit From Local Authority Mortgages

Posted:2009-01-29 19:05:30 - By Liam Bailey

In an attempt to give the UK residential property market the kiss of life the government is toying with the idea of lifting government restrictions on the interest rate of local authority mortgages.Banks

Overseas Property: Beauty is in the Eye of the Beholder

Posted:2009-01-28 09:40:02 - By Emma Louise Bailey

I just read an article on the Property Showrooms site that said France's "appeal as a holiday destination or overseas property location", "hasn't been diluted by the falling value of the pound", "it has

Turkey Property Hot for Overseas Investors

Posted:2009-01-27 21:49:19 - By Emma Louise Bailey

Turkey property is expected to grow in popularity because of the global slowdown pushing prices down and making property in Turkey a more affordable reality.I have recommended Turkey for investment before,

Industry Expert Recomends UK Property Investment

Posted:2009-01-27 17:15:54 - By Jake Kyle

Now might be the ideal time to invest in UK property, according to one industry expert. Frank Crowley managing director of Azure Overseas said:"Most people who are investing in property right now are doing

Growing UK Property Auction Scene Helps First-Time Buyers

Posted:2009-01-26 22:21:29 - By Liam Bailey

Because selling UK property has become very difficult lately, more and more properties are being sold at auction. While this is often not ideal for the seller, it does present buyers with the opportunity

EC Steps up Effort to Solve Slovenia-Croatia Border Row

Posted:2009-01-26 20:47:40 - By Susan Irons

The European Commission has proposed the formation of a special commission to help solve the lengthy (and costly) dispute between Slovenia and Croatia over their land and sea borders. If the group goes

UK Property Downturn Costs More Jobs

Posted:2009-01-26 16:21:40 - By Emma Louise Bailey

Massive job cuts are expected in the UK building industry in the first half of 2009, from small to medium sized firms. Half the members of the Federation of Master Builders admitted reluctantly making

Global Property Guide Figures Highlight Egypt for Investment

Posted:2009-01-25 21:58:35 - By Allan Siddel

The renowned website Global Property Guide has just released new data on the investment ratings of global cities. Although they rated Chisinau in Moldova number one, with a three star long-term investment

Scottish Rental Market Slowing?

Posted:2009-01-25 17:16:05 - By Write About Property

A new study suggests that the rental market in Scotland is slowing. The latest Citylets quarterly report showed that one bedroom flats in Scotland's major cities are taking up to nine days longer to be

Euro and Central America Property Boosted by Free Trade

Posted:2009-01-24 19:07:17 - By Write About Property

The European Commission will meet with a the Central American delegation for the sixth time January 26 - January 30, for negotiations on an association agreement between the two regions. The EC also announced

Dubai Property Suffers Badly in Global Downturn

Posted:2009-01-23 18:13:16 - By Write About Property

As much as I hate to say I told you so, I have to in the case of Dubai. Several months ago I was writing articles advising against investing in Dubai property, because the level of new development was

UK Recession Becomes Official: Bad News for UKProperty

Posted:2009-01-23 14:51:00 - By Write About Property: Press Releases | Media Relations and SEO Services

The UK Chancellor Alistair darling today admitted that the UK recession is deeper than the government had expected, but urged consumers and businesses to give his policies time to work. The release of

UK Properties Snapped Up by Opportunistic Investors

Posted:2009-01-22 14:12:22 - By Write About Property

Research by Allsop and Essential information group has found that almost two-thirds of residential UK properties bought in the fourth quarter of 2008 were bought as investment rather than to live in. The

Croatia Property to be Boosted by EU Commitment

Posted:2009-01-22 12:18:16 - By Liam Bailey

The EU Foreign Affairs committee has said that Balkan troubles must not be allowed to hinder the Accession of Croatia and FYROM (Macedonia) any more than it already has. In the same press release the committee

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