Property in the UK and Abroad
Overseas Property
- Winter Olympics bid spurs rise in Bulgarian property prices
The interest shown by Bulgaria in hosting the Winter Olympics in 2014 has spurred fresh interest in the property market in that country. Bulgarian Property Developments (BDP) has also thrown its hat in the ring and has indicated that it will attempt to make £40 million on the London Stock Exchange.
Published on : Wed, 31 Dec 1969 08:56GMT

- OECD says Irish property market is overpriced by 15%
he Organisation for Economic Co-operation and Development (OECD) has come to a conclusion that the Irish property market is over-valued by 15%, which has been endorsed by the Central Bank.
Published on : Wed, 31 Dec 1969 13:48GMT

- Britons make a beeline for Spanish homes
According to a study by Barclays, of the 2.2 million Britons planning on purchasing foreign property, 30 per cent of the people chose Spain, which included the Balearics and Canary Islands, as their favourite destination. United States was the second most popular destination with around 15 per cent opting for it.
Published on : Wed, 31 Dec 1969 09:20GMT

- Overseas property and SIPPs
LONDON - Come April 6,2006 or A-Day and investors will be able to commit residential properties to their self-invested personal pension (Sipp) plans. Investors are eagerly waiting for the big day so that they can start saving money on what will effectively be a second home or a holiday home.
Published on : Wed, 31 Dec 1969 07:04GMT

- Canadian housing market set for a dip next year
VANCOUVER, Canada - The Canada Mortgage and Housing Corporation has said that the housing market is on the way up thanks to the low mortgage rates that are currently prevailing as well as the increasing rate of employment.
Published on : Wed, 31 Dec 1969 17:24GMT

- Beware of the Spanish property tango
LONDON - The National Association of Estate Agents (NAEA) has warned that people who are considering buying a second home in Spain should be cautious about their investment since some ancient tax loopholes could adversely impact their assets.
Published on : Wed, 31 Dec 1969 13:32GMT

- School property tax hurting New Jersey
TRENTON, N.J - School leaders in New Jersey are urging the public to put some pressure on lawmakers to alter New Jersey's property tax system and introduce new legislation for the same.
Published on : Wed, 31 Dec 1969 17:44GMT

- Greenspan’s warnings on risky mortgages finally getting through
WASHINGTON - US Federal Reserve Chairman Alan Greenspan has decided to pick up the pace of his warnings about risky mortgages if the booming house market in the country suddenly collapses.
Published on : Wed, 31 Dec 1969 18:12GMT

- New funds announced for indexed global property securities
The global property securities market has been neglected so far with no funds to manage it properly. All this is set to change as Vanguard Investments has announced that it is launching two schemes to manage funds for the indexed global property securities.
Published on : Wed, 31 Dec 1969 06:04GMT

- French, Cypriot markets recommended for property investment
Investors looking to park their money overseas need to look at property firm Assetz’s recommendations. Their recently concluded survey of property markets has revealed that France, followed by the Cypriot market offer the best returns.
Published on : Wed, 31 Dec 1969 00:00GMT

 

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