Latest News Articles

04 September, 2008:

Halifax figures reveal biggest drop ever in house prices

The latest house price index from the Halifax shows that average property prices in the UK continued to fall during August

No change from the BoE

The Bank of England has kept the base rate at 5%, for the fifth month running

FSA fine broker firm 63k

The Financial Services Authority (FSA) has fined Derbyshire mortgage broker Approved Financial Solutions (AFS) £63,000 for giving unsuitable advice to customers

London prices at rock bottom?

Property prices in London have dropped 15% this year, but experts predict the trend is unlikely to continue

Brother beheaded over property dispute

In a shocking incident in Jagatsinghpur, in the Zillanasi village, a property feud between two brothers reached a horrible conclusion when

Spanish property sales down

The sales of Spanish homes dropped heavily in June, reinforcing concerns over the market, with experts predicting further decline in 2009

Divorce rate slows over housing concerns

According to recent research, new data seems to indicate that the current economic down-turn has had an unexpected effect with many married homeowners

Live Online Auction Today at 12pm

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03 September, 2008:

Global warning - residential property growth slows

The house price slump that began in the US is spreading worldwide, according to the latest figures from international property professionals Knight

HIPs prove worthy, according to study

According to a new study, the introduction of the Home Information Pack (HIP) has made the whole buying transaction a lot quicker

Edinburgh house prices fall for first time in 40 years

House prices in Edinburgh have fallen for the first time in nearly 40 years, according to a study by property professionals

Fixed mortgage fees at pre-crunch levels

Latest figures have shown that the cost of a two-year fixed-rate mortgage has returned to its pre-credit crunch level following the most prolonged

Investors attracted by Portugal tourism

Overseas property investors are being attracted to Portugal due to the increase in its tourist levels, it has been revealed

Corsica - double the opportunity

According to a recent report there are two 'markets' to be aware of when considering an overseas property as a rental investment on the island of

DEGI's first buy in the land of the rising sun

DEGI International has purchased the La Porte Shinsaibashi retail property in Osaka for €90m (£73m), its first buy on Japanese soil

Three is the magic number - for fixed rate mortgages

The demand from homeowners for three-year fixed rate mortgage deals has tripled during the last six months, according to new research conducted by

02 September, 2008:

Grantside's chocolate dream melts

York City Council has refused to grant planning permission to privately-owned developer Grantside's £185m plans for the redevelopment of the former

The sterling takes a pounding from the euro

Overseas homeowners and British holidaymakers were hit hard once again, by the news that the sterling slumped to a record low against the euro

City bought by Abu Dhabi property Developer

English football club, Manchester City agreed on Monday to a takeover by a United Arab Emirates business group, ending the Premier League side's brief ownership with former Thai Prime Minister, Dr Thaksin Shinawatra

Andalusia offers small firms 10 million euro survival plan

Manual Chaves, the president of the Andalusian governmentmet, announces a selection of measures designed to rescue the region's economy

Flyglobespan announce new route to Turkish resort

Low budget airline company, Flyglobespan has confirmed that from May 2009 it will start operating weekly flights

Mauritian development proves popular

Villas Valriche, a luxurious residential golf development in Mauritius, has sold almost all of its first phase units, according to reports by Cluttons Resorts

ING Real Estate appoint top job to Houston

One of the world's biggest property investors, ING Real Estate, announced yesterday that it had appointed Robert Houston as the new chairman and CEO

New builds are low 'down under'

Although interest rates in Australia are likely to be cut next week, the construction of new homes is expected to remain limited during

House prices continue to fall in August

A survey by property investment consultants Hometrack revealed that house prices fell in August for the 11th month running

01 September, 2008:

Thailand tourism soars as airport in Pattaya completes.

Last year Pattaya was the main destination for tourists staying in Thailand and with the recent completion of the International Airport in Suvarnabhami

Government must act to aid ailing housing market, says RICS

The Royal Institution of Chartered Surveyors (RICS), has stated that the Government must act 'swiftly and decisively' to assist the house buying and selling process as the housing market is now 'on its knees.'

Albania and Montenegro to record best economic growth in Balkans

According to the International Monetary Fund's forecasts, the economies of Albania and Montenegro are expected to achieve the strongest growth in the Balkans region this year

Studies show a 50% property price rise in university towns

Since 2003, more than a third of university towns have experienced at least a 50% rise in property prices, according to recent research

Dubai 'not' to be affected by visa change

Dubai's residential real estate market will not be harmed by changes to visa requirements, it has been stated

Investor 'bigs up' Bulgaria

A British overseas property investor has stated that Bulgaria is a developing market whose potential is far greater than that of already established

India open the gate to luxury living

India's rising middle class seem to be catching 'Gated Community' fever, attracted by the offer of luxury living accommodation and the benefit of

No Rate Cut this week, predict experts

Economists predict that interest rates will remain the same in September while inflation continues to soar

29 August, 2008:

Dubai's off-plan rules change

In an attempt to better regulate the property market, the Gulf emirate of Dubai has introduced new rules which forbid any off-plan sales of unregistered property.

Education, Location, Location

University towns topped the league table of property hotspots for both buyers and renters this month, with Lincoln, Oxford and Southampton nabbing gold, silver and bronze for the most in demand rental towns.

Liberal Democrats launch new housing plans

The Liberal Democrats have proposed new plans to boost the housing market that would involve the Government buying up council land and using it to build new homes on.

Belfast set to benefit from £5 billion project

The Titanic Quarter regeneration project in Belfast will bring £5 billion of investment to the city and is set to be Europe's largest waterfront development.

Estonia falls into recession

Estonia is the first of the Baltic States to technically fall into recession, according to official data compiled by Statistics Estonia.

Desperately seeking: one Architect for Beirut

A World Class House of Arts and Culture in central Beirut is being planned by the Lebanese and Omani Governments, and they are seeking an Architect.

High speed rail link between Doha and Bahrain

Qatari Diar Real Estate Investment Company have signed a £500 million deal with Germany-based Deutsche Bahn for a national rail project that includes a high-speed rail link between Doha and Bahrain via a planned causeway.

Montenegro attracting renewed interest

According to new research, a growing number of travellers and investors are considering the beautiful, but troubled, country of Montenegro.

Cyprus outperforming most other markets?

The Royal Institution of Chartered Surveyors European Housing Review 2008 has described Cyprus as 'a rare case of a country shrugging off the gloom.'

Liverpool FC stadium on hold

Liverpool Football Club's planned new 73,000-seat stadium has been put on the backburner.

£800 million investment for Fingal, North Dublin

Dublin's Swords Pavilions shopping centre in Fingal is set to receive an £800 million cash injection from Ireland's Chartered Land, as they apply for planning permission for a major expansion.

28 August, 2008:

Saudi stock market opens to foreign investors

Saudi Arabia has finally opened its stock market to international investors, and, combined with the foreign investment law, which allows 100 per cent foreign ownership of projects and real estate, the total value of new projects this year looks set to hit £200 billion.

Last chance to register for Sept 4th auction

TheMoveChannel.com are still taking registrations for their online bidding service that will be operational for the forthcoming auction on Thursday September 4th, which will be managed by property auctioneers Sutton Kersh Binstock.

UK house prices falling fast

House prices are falling at their fastest rate for nearly 18 years, with the average cost of a home in the UK dropping by 10.5 per cent during the 12 months to the end of this month.

Further regeneration for London's Docklands

The Docklands area of East London is planning two more major regeneration projects, to the tune of £5.8 billion, which aim to revitalize the area ahead of the 2012 Olympic Games.

Flights scrapped

As the price of fuel continues to rise, airlines are scrapping many of their winter flights, which could wreak havoc for those who have second homes in Europe.