Property portal Primelocation has written to its member to clarify their position regarding the approach made to them by supermarket giant Tesco.  Primelocation.com recently confirmed that they were approached by Tesco a few months ago regarding feeding their listings to the new Tesco property website. Primelocation has felt it necessary to clarify its position after reports in the UK press stated...

   UK home buyers are no good at sticking to a budget when buying a property in the UK. A recent study by YourPropertyClub who conducted a survey of 3,500 homeowners revealed more than a third are willing to go over budget to live in a particular area. This over spend translated into an average £9,524 or a 30 per cent overspend on their budgets.   UK house price inflation eased last month amid signs...

  UK based Blendon Communications Ltd the company behind brands such as Homes Overseas Magazine, Homes Overseas Magazine Exhibitions, have gone into administration. The company has now been broken up with some of its brands offered for sale by the administrators whilst other parts have already been sold.   Globespan Media Limited has announced its purchase of  Homes Overseas magazine, overseas property...

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   The news out of southern Florida continues to be a mixture of good and bad news. Good news for anyone looking to purchase or invest in property now, not so good for those who need to sell right now. The market is definitely a buyer’s market, and with exchange rates being what they are international buyers can get some great deals on both existing housing and off-plan property.   In recent news...

The decline in the strength of the US Dollar against the Euro and the Pound means that overseas property investors are in a potentially ‘win win’ situation when buying property abroad. Investors can benefit from cheaper purchase prices and capital gains on an overseas property . This is not confined to solely the US housing market.   A small group of nations have pegged their currencies to the US...

   Selling property privately online has always been a controversial way to sell a home as it challenges the role of estate agents. Private sellers typically stand to save thousands in commission fees. The news that supermarket giant Tesco is starting its own house selling service is another challenge to the role of estate agents.   Tesco intends to launch its house selling service at £199 which...

The Overseas property industry magazine Overseas Property Professional (OPP) reports a flurry of activity by various trade associations and legal firms after the successful launch of due diligence products called International Developer Information Packs (IDIP). OPP has started a debate within the industry concerning due diligence and whether it needs such a product. IDIP offers legal...

  While the Caribbean Islands have long been a sought after address for international real estate investors, Jamaica has lagged a bit behind many of the more popular islands. This means that on average, property in Jamaica costs less and has more room for appreciation than real estate on many other islands in this sun-drenched part of the world.   The Jamaica Observer newspaper (www.jamaicaobserver.com)...

Buying and selling a property in Spain can make you vulnerable to scams especially when selling a property in a market that has an over supply of homes for sale. Sellers can be tempted by a buyer with cash in their pockets whilst investors hungry for a bargain can be attracted to off plan property that is not all what it seems.     Mark Stucklin, MBA of the Spanish property advice website...