The proposed new property tax for non-resident property owners, planned as part of the tax reform debate in the French Parliament, is to be abandoned. Thierry Mariani, Secretary of State for Transport, announced the change of heart on Saturday 18 June after a meeting with President Nicolas Sarkozy. It is estimated that the proposed new [...]

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Instead of being an inoculation against measles mumps and rubella, the MMR this year stands for Mortgage Market Review, where the government (in the form of the Financial Services Authority) is taking a long, hard look at the mortgage system in the UK and deciding how it could be changed to prevent any future crises [...]

Continue reading " Mortgage Market Review (MMR) Debate Rages On "

A recent report shows that two out of five first-time homebuyers do not expect to get onto the property ladder until they are 40 years old. It is the latest evidence of buyers struggling to purchase their first home after concerns were raised earlier this week that the typical age of a first-time house buyer [...]

Continue reading " First Time House Buyers Are Getting Older "

After a sustained absence, mortgages with loan-to-value rates as high as 90 per cent are making a comeback, according to Moneyfacts.  The company reports that in February this year, there are 214 deals offering 90 per cent LTV on the market alongside 560 offering 80 per cent.  A year ago the relative figures were 144 [...]

Continue reading " Higher LTV Mortgages Popping Up "

Private landlords across the UK report that they expect rents to rise strongly during 2011, with London-based owners slightly more positive than those elsewhere in the country. Lettings specialist Young London, managed by Neil Young, conducted the survey and found that 88 per cent of London landlords anticipate rental rises, along with 77 per cent [...]

Continue reading " Residential Rental Index Rises "

Hi, I only just found your website and wonder whether you can tell me if the quick home buyer company I’m with is reputable? I have sold my property to the homebuyers subject to contract. I had to sign an assignable option agreement to buy my house on 13th Aug and the option period was [...]

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Professional house buyers swoop as the credit crunch rolls on with more than homeowners feeling the pinch. There are real problems out there for a home owner in arrears as banks are looking to call in all bad debt to meet demands for cash from their customers – they are puching for repossession more agressively! [...]

Continue reading " HouseBuyers On A Feeding Frenzy! "