The currently unregulated overseas property industry has seen some positive moves towards self regulation. One of these was the launch of The Association of International Property Professionals (AIPP) .The aim of the organisation was improve standards of professionalism in the international property market. Members are vetted and sign up to commit to industry standard training and voluntarily...
Bulgarian property has been attracting the type of property investors who may have never considered buying property abroad. Snooker star Willie Thorne is one such potential buyer , he has recently set his heart on buying a house in Bulgaria. "Mr Maximum", as he is known in the snooker world because he holds the record for maximum 147 breaks, hopes to pot a house at Lighthouse Golf Course at...
The Florida Association of Realtors recently released numbers indicating that Florida’s home sales for the year slowed significantly, when compared with figures from the year before. As the sales decreased, so have the purchase price of homes. In third quarter of 2006, Florida's housing sector continued to reflect the US national trend which is witnessing higher inventory levels of homes...
Transferring money abroad is surrounded by mystery by those faced with currency transfers. How does it work? how much does it cost? How long does it take? what is the best currency exchange rate? Life gets even more complicated with regular payments abroad. No wonder most of us head for the safety of our banks to underatake money transfers for us. Many overseas property buyers and those...
Moneycorp the London based foreign exchange currency specialist has announced a new online money transfer service & an incentive that will benefit the BBC Children in need charity. Money transfer system Overseas property buyers and those making regular money transfers abroad are increasingly using currency specialists who can book exchange rates for long periods in advance. Moneycorp have now...
Bank rate rises are always big news and the latest quarter point rise in interest rates to 5 per cent puts interest rates at their highest level for five years. Inflation figures which are hanging round the 2.5% have seen the Bank of England act to keep inflation under control, with a target rate of 2%. Consumer debt is enormous Consumers now hold a record 1.3 trillion pounds in debt,...
The British are not only buying overseas property for holiday homes but increasingly to enable them to leave the UK and live abroad. The UK housing market has been kind for many home owners giving them large amounts of equity to spend on a home overseas. The prospect of the UK winter and low cost airlines is also playing a part in making owning a property abroad...
Living in a cube or ‘living pods’ sounds like something from the future something you might see in a science fiction movie or on space station. For London students compact living pods are set to become reality by September 2007. A huge development called Nido (Italian for nest) is currently being built near Kings Cross Station London and will house 846 students in cubes 16ft by 9ft. The...
Property investors are ignoring their own markets in Pakistan and Dubai in an ironic twist that has its nationals investing in each others countries Overseas property investors in Pakistan are heading to Dubai for overseas property investments and some are making some huge investments in the region. A recent overseas property exhibition in Karachi Pakistan organised by Dubai Shows Ltd...