If looking to buy a property at the moment, the best thing to remember is that there is absolutely no rush. Many people will think about waiting but if you really want to buy now, be aware that property prices are coming down every day. As time goes by more and more people will become [...]
In the first three months of this year eight and a half percent more firms went bust and a third more financial businesses closed down. The financial industry and banking sector will be seeing more and more people being laid off due to the economic situation. this in turn obviously means unemployment figures will rise. [...]
There is now a sharp slowdown in the housing market with prices falling for the sixth month in a row. Figures show a decrease of nearly 3% in the last month, these figures will continue to fall each month as it becomes not just a slowdown but a continued decrease in house prices. This will [...]
There are at least 2 million people coming off of fixed rate mortgages in the next few months. With interest rates now higher than when these were originally taken out these people are going to notice a real difference. There is now much less choice of mortgage deals around, this can only lead to a [...]
Many homeowners are feeling the pinch with the credit crunch, higher bills for fuel, food etc. In todays world many people spend money on credit cards and have high levels of debt. With the ease of remortgaging and releasing cash from the increase in house values, people have been busy spending and increasing their mortgages [...]
There is alot of volatility in the markets at the moment. Shares affected alot are banks and housebuilders. This is obviously a reflection on the credit crunch and the housing market. America’s spending has hit a 15 year low. The Dollar has also seen it’s biggest weekly drop in a month against the Euro. The [...]
Up until recently estate agents have been having a great time with property prices increasing, sales up and many new estate agents opening up and jumping on the bandwagon of easy money. However this trend has now changed and with half of all spanish estate agents closing down in 2007 this number is set to [...]
It is very important when purchasing property abroad that you do your research, check out that all the information is up to date. You need to check out the laws concerning purchasing property in the country of your choice, what you are used to in your home country can be very different in another. For [...]
With people spending so much time in the kitchen, more thought is going into planning the ideal kitchen. The choice of cupboards, cookers, fridge freezers are all important but don’t forget the importance of the kitchen sink. There are three main choices of sink. The traditional white, high gloss white ceramic sink, which is heat [...]
You would be surprised to know that some people buy a property abroad without even travelling there to view the property, instead basing their decision on the basis of the photos alone. Anyone with any sense will tell you never buy a property abroad on the basis of a photo only. Remember photos can be [...]