Photo Credit : Flickr

As far as the UK property market is concerned there is London and the rest of the UK, with the performance of the two growing further and further apart. London has been somewhat shielded from the elements of the traditional property market swings, by the mass of wealthy foreign investment coming into the region. If the recent Sunday Times Rich List 2008 is anything to go by, as the rich get richer, the global property appeal of London is such that even wealthiest Londoners may be being priced out of London putting them in the shoes of most first-time buyers.
Continue reading ‘London’s Rich List Priced Out By Wealthy Foreigners’

New stats indicate that the numbers of UK first-time home buyers in entering the property market are at their lowest point in 27 years. According to mortgage giant Halifax, around 300,000 people stepped onto the property ladder for the first time in 2007 in the UK, down 15,000 on 2006, the lowest figure since 1980. Continue reading ‘First Time Home Buyers ‘Ready to Pounce’’

Amidst the furore which erupted following the decision last week to deny US property magnate, Donald Trump, the chance to ‘return to his ancestral roots’ by building his planned £1bn ($2.05bn) golf resort in Scotland, some in the industry are voicing concern over whether the link between golf and property development in the country has gone too far.

Continue reading ‘Scotland Accused of Becoming ‘Golf Theme Park’’

UK landlords were left feeling rather shaky this week as media speculation mounted over the miserable prospects for the UK buy-to-let market. A set of concurrent circumstances has left landlords at the lower end of the market feeling a definite pinch in their wallets, with all the signs pointing towards that pinch getting even tighter in the near future as buy-to-let financing gets tougher.
Continue reading ‘Is the Buy-to-Let Bubble About to Burst?’

Today is the second opportunity in the year to attend the UK’s largest overseas property exhibition, A Place in the Sun Live which runs from Friday 28th to Sunday 30th at the NEC Birmingham. Anyone with a serious interest in buying an international property from those struggling to get a foot on the UK property ladder, to sun seekers and professional investors looking to expand their portfolios, this is a ‘must-attend’ event. The exhibition season is well under way with a host of shows around the UK and globally dedicated to investment and lifestyle purchases overseas but a debate is raging whether property investment home or abroad is having a serious impact on global first time buyers. Continue reading ‘Property Investors vs First Time Buyers’

Photo courtesy of Melandjohnkots

From the Beatles to Big Ben and beyond, the UK holds special interest to holidaymakers, expats, retirees and investors from all over the world.  With its very cosmopolitan atmosphere, booming cities and beautiful countryside, this nation has long stood out on the property investment market as well.

Continue reading ‘A Guide to Investment Property In UK’

How I wish I’d invested in a London property in 1976, a house bought for £100,000 then would today be worth over £4,200,000 according to the latest figures from the Knight Frank Prime Central London Residential Index which reveals that prices of the best properties in central London have risen by over 33.3% in the 12 months to the end of May 2007. Unfortunately, I was just a twinkle in my parent’s eyes and hindsight is a wonderful thing. However the data does indicate that this premier market may well be close to its peak along with the rest of the UK market. Time to buy overseas?
Continue reading ‘The Central London Housing Market Breaks More Records’

News in the today’s Guardian showing hard up first-time buyers are now having to borrow the full value of the home they want to buy in order to get on to the UK property ladder. The increased cost of having to resort to this option may see more first-timers heading abroad in search of their first property investment instead. With lower property prices, cheaper costs of buying and rapidly rising markets, more and more individuals are turning to overseas property with the hope of making enough gains to ultimately fund a purchase in the UK.
Continue reading ‘100% Mortgages On The Rise In The UK’