This is a massive repository of real estate news, stories and updates from around the world.
Fake lettings sites, automatically “scraping” genuine websites for data, are responsible for illegally separating would-be tenants from their deposits, according to this. Overseas clients are particularly at risk. ARLA advice tenants to to demand safety certificates and other address-related documents and send a friend to actually visit the bricks-and-mortar with the landlord before entering into [...]
According to Rightmove, vendors won’t budge on price, despite all common sense, economic outlook and poor lending conditions, and the result is likely to be an alarmingly painful constipation in the UK property market. More here.
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Rents up 11.5% in Prime London in 2010, expect a further 8% in 2011 [Telegraph]Religious teacher jailed for mortgage fraud [Express]Guzumping returns to London [FT]Houses in eye of economic storm could fall 20% [Guardian]Guy Ritchie squatters evicted [Telegraph]Tories and their swimming pools [Sunday Mirror]Superprime on the up [Bloomberg]The bankers’ bonus boost to London property [Guardian]
The [...]
In 2008 he bought a quarter of the Look4AProperty portal; in 2009 he hooked up with Hitachi Capital to offer higher loan-to-value mortgages through the website; now former Dragon James Caan is apparently going where the money is… super-prime. He’s said to be partnering with the Candys, no less, in a £100m venture that will [...]
A few big ticket sales are turning London vendors heads, he argues, with the result that agents who urge realistic pricing (wives) are losing out to the big chested braggadocio agents who promise a whirlwind romance (mistresses). Some interesting words of warning:
I have been suggesting that if they want to go with a much higher [...]
How to buy a property with a friend [MoneySupermarket.com]In the US: A plea to help stop Detroit from falling down [Curbed]Landowners gives islanders Scottish island… as gift [Press & Journal]Another look at the housing benefit cuts [Guardian]Could the Mubaraks be hiding out in London? [Evening Standard]
The Rat and Mouse – London’s property blog
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New bungalow for lottery scratchcard winners [24dash.com]
Nationwide’s fixed rate deals creep up [Mortgage Strategy]
Where will William and Kate live? [ABC News]
The Northern Irish repo crisis [Belfast Telegraph]
Shoreditch… Celebrityville {PropertyTalk Live]
The Rat and Mouse – it’s about your house
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After nine months under the new Government, house-building has pretty much ground to a halt. 102,570 homes were built in 2010, the lowest (peacetime) number since 1923. In the last quarter of the year, starts dropped by 11% on the previous quarter, completions by 13% (Government figures). Poor weather has been an issue, but not [...]
An interesting Evening Standard piece by Roy Greenslade on the property/financial conundrum facing BBC employees moved north:
Many staff do not wish to rebuild their lives 180 miles away from their current homes. Some, I am sure, are aware that if they do relocate, they will become virtual hostages of the corporation. They will find it [...]
Shapps’s “Affordable Rent” programme – wolf in sheep’s language [PropertyTalk Live]
Don’t blame lending… house prices are the problem [Finance Markets]
Six reasons why an interest rate rise is necessary [Spectator]
Property and the Olympics factor [Independent]
The Rat and Mouse – it’s about your house
Technorati Tags: property, real estate