According to figures from 1st Property Lawyers, one of the largest conveyancing firms in the UK, 29 per cent of property transactions fell through in the first half of 2011 – compared with 21 per cent three years ago. Most often, the house seller changes their mind; second most common is the prospective buyer pulling [...]

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Following a couple of years of liberalisation in the Mauritian property market, agents on the island warn that property prices are likley to in fall the coming months, making one of the world’s most amazing paradises more affordable.  “We have noticed increased demand from many different nationalities,” remarks Christine Goldsmith, a Mauritian woman who has [...]

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Experts think that the number of house repossessions in the UK in 2011 will be 40,000, but charities predict that numbers will reach more than double that amount once higher interest rates take effect. Debt charity Consumer Credit Counselling Service said it was contacted by 90,000 struggling home owners last year, each with an average [...]

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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 [...]

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