The Uk Office of Fair Trading has uncovered systematic price fixing and seemingly corrupt practices in tendering for large building projects. The firms accused by the government watchdog include some of the biggest construction companies in the UK including Balfour Beatty and Carillion. The Office of Fair Trading investigation is believed to be one of its biggest and reveals practices that could have...
The Arizona real estate market is sending out mixed messages to international investors considering buying property in the region. The market reports an increase in sales in the condo resale sector whilst at the same time a bank that has expanding into the area records big losses due to the slump in real estate sales. Despite a troubled housing market in the United States, the low price (< $200,000)...
15/4/08-Following the recent success of January’s live Absolute Auction, another auction is to be held this month by Stirling Sotheby’s International Realty in association with The British Homes Group. A top Florida Developer is putting scores of properties on the auction market with no reserve prices and no minimum. The luxury apartments on a development in a fantastic location in Florida will be...
Moneycorp the foreign currency specialists report that house prices influenced Sterling yet again. This time is was the Halifax reporting a 2.5 per cent fall between February and March. Like the Nationwide two week ago, HBOS referred to the massive rise in house prices over the last ten years; 171 per cent they reckon. Also in common with Nationwide, HBOS omitted to expand on that observation. They...
A report examining the effects Rent control in the Middle East has concluded that such measures are generally harmful for property investors. In December 2007 Dubai’s government toughened up its 2005 Rent Law and reduced the maximum 2008 rent increase to only 5%. Abu Dhabi has likewise capped 2008 rent hikes at only 5%. In neighbouring Qatar, a rent freeze has been implemented while the...
12/04/08 A powerful new force in real estate marketing has emerged with the news that India has its first 24x7 channel dedicated to the world of real estate. The channel is now available in all metros and major cities across the country. The new TV channel will provide viewers up to date information on all aspects of the property market. Among the major distribution platforms, Real Estate Television...
12/04/08-A Spanish legal firm has highlighted the fact that thousands of former Spanish property owners may have paid too much tax when selling their Spanish property. The stunning revelation indicates that they government discriminated between Non Spanish property sellers and Spanish sellers in its taxation policies. This claim could mean British property owners may be owed literally thousands in over...
THE BRITISH HOMES GROUP Florida, who provide sales and loans advice to UK property owners in Florida, is giving away a luxury family holiday as part of a package of incentives to encourage UK buyers to consider a LENNAR HOME. Lennar Homes is the third largest developer in the USA and Florida’s leading developer in 2007. The free family holiday, worth up to $7,500, includes: Limousine rides...
The Daily Mail and P&0 Ferries aim to make one lucky person the owner of a stunning French cottage located in Brittany. The desirable French home is a prize in a draw aimed at Daily Mail readers and is sure to be popular amongst its readers. Despite the rise in popularity of emerging markets such as Bulgaria and Dubai, France still remains the second most popular country to buy a home overseas for...