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News Archive: legal issues

10, 2008 November:

Low blow from High Court

High Court blow for UK homeowners...

07, 2008 November:

Bahrain's new legislation

Unregistered expatriate real-estate managers in Bahrain now face deportation if they fail to register with the Government, under legislation passed by the Parliament's lower house...

06, 2008 November:

Life happens whilst you make plans

New amendments to the Government's planning bill have been laid in Parliament to strengthen the scrutiny of national policy statements by the House of Lords, and tackle climate change...

05, 2008 November:

Five days until new rules

Land Registration Amendment rules come into force on 10 November 2008...

Dirty laundry

The Netherlands is to tighten controls over the property sector to combat fraud and money laundering which is a growing problem in the country...

03, 2008 November:

Natwest's Islamic mortgage

In response to customer demand, NatWest bank has launched its first mortgage product compliant with Islamic Shariah law. In accordance with Shariah law, the product will not charge interest...

28, 2008 October:

Asia about face

In a bid to attract more foreign investment to the country, the restrictions currently imposed on international buyers are set to be eased in Malaysia...

Hide and seek: Title deeds

Nearly 30,000 foreigners who bought properties in Cyprus are still waiting on their title deeds, according to official statistics released by the Cyprus Land Registry...

24, 2008 October:

Doubles or nothing

Mortgage lenders could soon be hit by a new crunch as the levels of fraud claims have doubled in the last year...

23, 2008 October:

Visa via text message

In keeping with Dubai's move towards e-services, the Dubai Naturalisation and Residency Department has unveiled a mobile M-Visa service, to provide instant messages when entry visa permits are issued...

Police line. Do not cross

The Australian Federal Police have announced fee increases for police checks. These fees may affect some individuals applying for visas to Australia...

02, 2008 October:

Thailand: plans to relax foreign ownership rules

In order to make it more tempting for international investors to buy property in Thailand, the Thai Government is considering relaxing the rules on the foreign ownership of property...

01, 2008 October:

October regulations come into force

As of today, Wednesday October 1st, several new regulations affecting the property market have come into force, including rules surrounding the planning permission needed for home extensions and energy performance certificates for all new residential lets...

26, 2008 September:

Different housing laws for Aborigine communities

New tenancy reforms are being introduced by Indigenous Affairs Minister Jenny Macklin to help Aborigine communities get improved housing and maintenance...

25, 2008 September:

EPC deadline extended to January

Originally set as October 1st 2008, the Government has extended the Energy Performance Certificate (EPC) deadline which means commercial properties now have until 4th January 2009 to get their EPCs.

Land banking and competition: myths?

The Office of Fair Trading has carried out a year-long investigation into house building in the UK. Its findings have given the industry a boost when it desperately needs it, and will also offer potential buyers of new homes confidence in their new home and their builder.

18, 2008 September:

Croatia removes restrictions for EU buyers

Come February 1st next year, buying a home in Croatia will be far more straightforward as the Croatian Government remove purchasing restrictions on European Union citizens.

16, 2008 September:

Title deed issues in Cyprus

Disgruntled expats are piling mounting pressure onto some of Cyprus' developers as they continue to wait to receive their title deeds.

Transparent town halls

Town halls across Spain recently underwent a survey which looked at their dealings with the public, contracting services and finance.

12, 2008 September:

Obtain for Spain: new ID required

Don't be blinded by the sun in Spain- although the country is a firm favourite with British buyers looking for that second home in the sun, owners of Spanish property could lose their homes if they fail to produce new identification documents proving their non-resident status.

Landlords unaware of EPC

Almost 60 per cent of landlords are unaware of the new Energy Performance Certificate (EPC) legislation, which states that all new tenancies must legally have an EPC as of October 1st.

08, 2008 September:

France faces tax rise

Nicholas Sarkozy's introduction of an increase in tax on investment revenue could affect international investors who rent out their holiday or second homes in France.

29, 2008 August:

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.

Montenegro attracting renewed interest

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

28, 2008 August:

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.

27, 2008 August:

New boost to Turkish property forecast

Investment laws in the country have been amended, which could provide a real boost to the Turkish property market.

26, 2008 August:

Tunisia: new kid on the block

Tunisia's new legislation allowing for the transparent freehold ownership of property by foreigners has pushed its unexplored property market into the spotlight.

22, 2008 August:

Lower property costs, beg retailers

The British Retail Consortium (BRC) has made clear its wishes that the Chancellor lower retailer's price pressures by pushing down commercial property costs.

Push against development on Mexico's beaches

A major push against development on some of Mexico's beaches will hit hotel owners hard.

21, 2008 August:

Dubai Introduces new mortgage law

The Dubai government introduces new mortgage laws to try and regulate the market.

20, 2008 August:

Rochdale redevelopment shelved

European Union ruling forces £250 million town centre scheme to be postponed

15, 2008 August:

Landlords advised not to take deposits from tenants

A new statement by the Residential Landlords Association (RLA) has advised landlords to take two months' rent in advance from tenants rather than a deposit

Darling plans to extend new liquidity scheme

Alistair Darling is planning to extend the Bank of England's special liquidity scheme, which allows banks to swap certain assets temporarily

Visa holders living in Dubai face new rules

The renewal of residency visas for families is now linked to the size of the family and the size of the accommodation they are staying in, so visa will be harder to get

04, 2008 August:

Estate Agents ‘breaking the law'?

The Law Society has accused estate agents of breaking the law over Home Information Packs.

29, 2008 July:

Cyprus: Top 5 legal tips for investors

Buying a property in Cyprus can be a daunting experience if you are unfamiliar with the legal system.

23, 2008 July:

UK prepares for visa crackdown

Following a global review by the UK Government, eleven countries could face tough new visa regimes.

25, 2008 June:

Turks demand ‘immediate' Cyprus talks

Cyprus reunification talks are not progressing fast enough, claims one Turkish official...

24, 2008 June:

FBI in $1bn mortgage sting

The FBI has arrested 406 people as part of a crackdown on mortgage fraud worth around $1bn (£500m)...

17, 2008 June:

Florida declares was on ‘rescue fraud’

A new law to protect Florida homeowners from fraud has been passed this week…

23, 2008 April:

Brits mesmerised by Magic Murcia

Murcia is set to prosper in 2008 after tourism increased by 18% in 2007…

Canada set for ‘two lean years’?

The Bank of Canada has provided a bleak outlook on Canada’s economic future…

31, 2008 March:

Rogue agents ‘rumbled’ in Spain

New laws have recently been passed in Spain to protect home-buyers from fraud…

06, 2007 December:

Conservatory woe for homeowners

An incorrectly specified conservatory can be as uncomfortable as an overcoat in mid-summer...

05, 2007 December:

Buying 'off-plan': The new BTL?

Buying Off-Plan is quickly becoming the norm savvy investors...

04, 2007 December:

Making the right decisions in a tough market

An innovative new service that will revolutionise the way houses are bought and sold in England and Wales has been developed by Betternest.co.uk...

13, 2007 November:

The myth of 'Wind Farm price erosion'

The perceived negative impact of wind farms on property prices may be a myth, say surveyors…

25, 2007 October:

Brits 'escaping' in record numbers

The NAEA is advising homebuyers to think carefully when considering a move abroad...

23, 2007 October:

Cape Verde's tropical appeal

Santiago Island in Cape Verde is set to offer unrivalled investment returns...

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