The burglar that frightened Susan Boyles as she came across him in her home in Scotland one late night in January has now been caught by the local police. The burglary took place in January 26th 2010 when the man ran out of the singers home she arrived home in Blackburn West Lothain. It is understood that the talent show internet star had just flown back from London after helping to record the...
A Hong Kong Billionaire has spent £33 million on a London property confirming that the new international property rich are coming from China. The purchase will have London estate agents seeking new ways in attracting the Chinese to their property portfolios. Central London has always attracted wealthy overseas buyers who are responsible for inflated house prices and a market that seems immune to...
A Place in the Sun Live, the UK’s biggest and best-attended overseas property exhibition is turning the spotlight on four of the UK’s favourite destinations for buying properties abroad. Informative country-specific areas featured at the show include: A Portuguese Pavilion, in association with the Portuguese Chamber of Commerce, with supporting seminars on buying in Portugal, including...
Recent house price increases in Brisbane spell bad news for those thinking about immigrating to Brisbane and first time buyers. Average house prices in the region have now increased to over £300,300. Brisbane house prices rose by 8.1 per cent to AUD $535,000 in the three months to the end of December 2009.The Chamber of Commerce Queensland comment that first time buyers in Brisbane will be hit hard by...
Smart Meters which identify household consumption in minute detail are set to change the way the British monitor energy consumption and are being used by one utility company First Utility's to entice new clients. Customers on the First Utility's iSave V3 tariff will be offered a free smart meter in coming months, as First Utility continues its roll-out of smart meters across UK households on a...
A recent Daily Mail (Friday 5th March) article highlighted the changes that are taking place in the way people buy and sell property in the UK. It found that estate agents were now under pressure as a growing trend for selling homes online threatened the industry. It's now a fact that the majority of buyers will use the internet to find a property for sale however only a small percentage of people in...
Sterling – Euro exchange rates plummet, where next for the Pound? Recently the Pound has been suffering against most major currencies due to a number of reasons. Mainly the GDP figure for the Q4 of 2009 came in under expectations and despite showing we were out of recession finally, a 0.1% growth was not much to shout about. That started the tumble from a 5-month high we had reached versus the Euro...
Positive housing market news comes to the UK in the form of second home ownership figures supplied by Knight Frank which reveal surprising rises. Cornwall in the South West of England which is favourite destination for vacations showed particularly strong demand. The number of second homes in England rose by 2.6% in 2009 following a contraction in 2008 of -0.4%. This rise, which equated to 6,212...
International and UK property developers are missing out on opportunities in the UK to build developments aimed at the growing elderly population in the UK. According to Knight Frank’s ‘Retirement Housing Report’ 2010, retired people form the country’s fastest growing demographic group. Liam Bailey, head of residential research, Knight Frank, commented: “An explosion of grey hair has...
25/02/2010-Confidence in the Brazilian real estate market is at a high and the fact that BR properties plans to raise 1.71 billion reais by selling shares could signal more growth for the sector. The Sao Paulo-based BR Properties and its stockholders will jointly offer 71.88 million voting shares at a price range between 14 reais and 18 reais in a bid to raise the money approximately equivalent to a...