News Archive: 2008: november

28 November, 2008:

China smashes interest rates

In the midst of a crumbling economy, The People's Bank of China has slashed interest rates by more than one per cent – the largest rate cut in 11 years…

Spring into action

Springfield is home to everyone's favourite yellow family – The Simpsons. TheMoveChannel.com takes a look at their fictional city and tries to solve the Simpson mystery - which American town is Springfield really based on?

Irish investing slump

Irish property investors have had the world at their feet over the last few years, as Ireland experienced one of the biggest property booms in history – but now, those halcyon days are well and truly over and Irish investors are being crippled by the lack of liquidity in the market…

Dubai: a soft touch?

All Real Estate companies in Dubai promoting and selling off-plan property sales are to acquire new software, called Oqood and strictly use it whenever transactions are made where it will have to go online through Real Estate Regulatory Agency (RERA)...

Bulgaria's rents booming

As property prices fall in Bulgaria the rental sector is increasing especially for apartments in cities, the latest figures show...

Casualty purchase

Soap star Georgia Taylor is so happy in her new role as Dr Ruth Winters in BBC1’s medical drama Casualty that she has bought a two-bedroom house near the show’s Bristol studios…

Woolies' cold Christmas

Variety retailer and high street veteran Woolworths went into administration this morning…

Romania: new hotspot?

Romania is an increasingly popular destination for UK holidaymakers, according to new statistics...

Sir Alan's premiere

Sir Alan Sugar’s Brentwood headquarters, used in The Apprentice, is to be redeveloped as a Premier Inn…

Get a tan on the Yucatan

Property buyers looking for potential buy-to-let investment may wish to consider a home on the Yucatan Peninsula…

Russia’s greatest export

London’s top estate agents should prepare for the arrival of pop singer Valeriya, hailed by The Independent as "Russia's greatest export after gas and oil"…

Sterling work

Overseas property investors have been advised to use sterling to purchase homes in Spain…

No aid for Bulgaria

Bulgaria loses a total of £184 million and another £28.7 million are under question as a result of the decision of the European Commission not to unfreeze the aid for the country because of fraud and corruption…

Economic recovery plan

The European Commission has unveiled an economic recovery plan worth £170 billion) which it hopes will save millions of European jobs…

Economic growth in Europe 'bleak'

The drab global economic picture has had a significantly undesirable impact on the outlook for short-term economic growth, according to a senior figure at the European Central Bank (ECB)…

Countdown conundrum

New Countdown presenter Jeff Stelling has spoken of his passion for property investment in Spain…

Golden years in golden sun

Insurance broker, RIAS, is convinced that large numbers of Britons in the over-50 age bracket are planning to retire overseas…

Important painting returned to NZ

One of renowned artist Colin McCahon's most important works is on its way back to New Zealand after 12 years in a private collection in Australia…

Price falls steadying?

House price falls moderated in November, according to the latest Nationwide report…

27 November, 2008:

Life begins at 40

This morning, the world famous Queen Elizabeth 2 ship started her new life in Dubai -TheMoveChannel.com looks at the renovation project behind her transformation into one of the world's most exclusive floating hotels...

Thai tourism dealt huge blow

As political unrest in Thailand rages on, the Thai Government are hugely concerned about the impact on the country's tourism and property sectors...

Fewer Brits opt for Oz

Whilst the number of Brits emigrating to Australia has declined, Kiwis are more than filling in the gaps, flooding into Australia faster than you can say ‘Gidday mate'...

NZ job alert

Tens of thousands of jobs in New Zealand's property sector, along with its finance, construction, retail, and tourism industries are expected to be axed next year as the recession takes its toll...

No mortgage? No worries

Amid the subprime mortgage disaster, research shows that one in three U.S. homeowners do not have a mortgage to worry about...

Jigsaw chief goes bananas

High-street tycoon John Robinson, who employed royal girlfriend Kate Middleton as an accessories buyer, can't resist buying property...

North Africa: troubled times

Some tourism based developments in North Africa are facing troubled times as the regional property markets face a slowdown, proving that no one is immune from the global financial situation...

Govt delays causing risks

Mortgage industry at risk from Government delays...

Barn for BBC's golden girl

BBC newsreader Kate Silverton is hoping to buy a rural retreat. Her ideal location would be "a small barn conversion in the Brecon Beacons"...

Mortgage lending falls

Mortgage lending fell again in October and home loan approvals are now down 60 per cent from last year...

Cape Verde 'has two tourism markets'

The Cape Verde property market will gain when the country's tourist department manages to convey the fact that it has a varied tourist scene...

Water world

Kent Thameside launches waterfront regeneration strategy...

Towering plans

Boris Johnson approves major Tower Hamlets resi scheme...

Good news travels far

Good news for the Istanbul Stock Exchange...

Letting yourself in for...

Estate agents who are finding the pressure too great in the residential sales market should think carefully before they switch into lettings instead...

In a land far, far away

New research by Alliance & Leicester International (ALI) has revealed that the main reason for people to emigrate from Britain is the weather, and that their top destination is Australia...

Carry on camping

According to a survey by travel portal kayak.co.uk, 60 per cent of Britons have no intention of cancelling their winter holiday plans because of the economic downturn...

The best versus the rest

Savills launched a new survey called The Best Versus the Rest earlier this year, which takes at look at how properties in different categories are being affected by market conditions...

South of France still popular

Demand for property in the south of France is continuing to outstrip supply, it has been claimed...

26 November, 2008:

Head in the clouds

A planned increase in flight levies, which rise the further a passenger is flying to help offset carbon emissions, could have a catastrophic effect on far-flung tourist markets...

Killing me softly

The credit crunch shows no mercy and even millionaire celebrities aren't immune - just days after Michael Jackson was forced to put his Neverland Ranch up for sale, former Fugees star Wyclef Jean has had his Florida home repossessed...

Oz migrants: citizenship test scrapped

Australian Prime Minister Kevin Rudd is aiming to drastically change the citizenship test which was introduced by former Prime Minister John Howard, replacing it with a simpler test based on democratic values...

Investment trusts: new rules

The UK Government is set to tighten up the rules for real estate investment trusts (REITs), to keep out property-rich businesses - such as pubs - which do not generate at least 75 per cent of their gross income from renting property out to third party tenants...

Oxford Street shut

Oxford Street has been temporarily closed between Bond Street and Holles Street due to an unsafe building being redeveloped by Legal & General at 315-319 Oxford Street...

Heading South

New data gathered suggests that the south-east of England provides the best quality of life for people in the UK...

Key to London

John Key, the New Zealand Prime Minister is in London to meet his half-brother for the first time, just before his meeting with the Queen and Gordon Brown and launching Tourism NZ's giant inflatable ball...

No interest in paying mortgage

Over one million people in the UK have an interest-only mortgage with no investment plan established for paying it off, new research has revealed...

Whining over wine country

A £50 million luxury 500 acre resort in the US which was to have a Tuscan-themed village at the heart of its wine country project is one of the latest high profile casualties of the credit crisis...

Yes, we Canning

The English Cities Fund has submitted plans for a £180 million mixed-use development in Canning Town, East London that will also see the revitalisation of a historic market...

Pop along to unique home

A lighthouse with some of the best views in Norfolk has been launched on the market by a former pop star from the 1960s...

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