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Comparing House Price Index in the UK and Abroad

It’s no secret that the cost of housing has increased significantly over the past 10 years. The UK’s House Price Index has indicated several key changes in the market. In particular, the past year has seen six significant changes in price, with the most recent taking the average house price in the country to £300,000. Compared to 10 years ago, house prices have risen by a massive 50%....

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Overseas Property Buyers Head to the UK

International Mortgage enquiries have soared since Brexit according to the mortgages division of one of the world’s largest independent financial advisory organisations. deVere Mortgages, part of deVere Group, which specialises in UK mortgages for expats and overseas buyers, primarily from the Middle East, Europe and Far East, affirms the uptick is a direct result of the outcome. Mike Coady,...

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Amazing Tropical Paradise Micronesia Resort To Be Raffled Off By Owners

Fancy a new life living on a tropical paradise island in the Pacific surrounded by palm-shaded beaches, wreck-filled dives and ancient ruins, if so this could be the news that you have been waiting for! The first “world-first island giveaway”, owner Doug and Sally Beitz say they are offering “the ultimate slice of paradise” to the lucky winner in a draw to be held on July 26th...

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Footwear Tycoon, Jon Buscemi Purchases Prestigious Los Feliz Villa

Urban wear fashion designer and entrepreneur Jon Buscemi, has purchased a property in the Los Feliz area of Los Angeles for the sum of $2.86 million. This new acquisition has placed Buscemi in the group of home owners with celebrity-status mansions. Previous Owners/Tenants In the past, celebrity owners and tenants who have resided in the Spanish Colonial Revival villa include musicians the Jonas...

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The DNA Of A Nightmare Tenant – YOUGOV Survey Results Revealed

Smokers, benefit claimants and students top the list of undesirable tenants according to a new YouGov survey by property classifieds site TheHouseShop.com. We speak to a range of people involved in the rental industry, from tenants who have lied on their applications, to landlords and letting agents, and discover some interesting realities that parallel the survey findings. YouGov Survey...

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Would You Be Able to Guess The Top 10 Real Estate Markets Over The Last 12 Months?

Knight Frank Global House Price Index has cast a very interesting light on the worldwide property market, highlighting those in favour and those where markets are starting to turn down. The latest league table takes into account the 12 month period ending the first quarter of 2016 and will prove rather useful for those looking at future real estate investments. We guarantee you will never guess the top 10...

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Rogue Letting Agent Lands Over Four Years Jail Term

In an investigation that lasted over four years, carried out by the trading standards team at Barnet’s Council, Martin Marcus, 52, of Bushey Hertfordshire pleaded guilty to deceitful appropriation of over £220,000 after seven days of trial. The court found out how he set up a string of letting agencies, and used various false names between 2009 and 2015 to steal £221,000 from over 60...

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Zillow CEO Luxury Home Zestimate Nightmare

Popular real estate tool Zillow Zestimate which is trusted by millions of buyers, real estate agents and vendors shows that Zillow CEO has over paid for his new luxury millionaire listing. Has the CEO over paid or is Zestimate simply weak on high end valuations?  Spencer Rascoff spent a cool $20 million for his six-bedroom mansion in Brentwood. At that price point, it was one of the most expensive...

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House Builders Federation Insists Sales Still Strong Post-Brexit

The Home Builders Federation has restated its commitment to keep building homes in the UK to help meet demand. They made this pledge after a meeting with Brandon Lewis, the housing minister, and Greg Clark, Secretary of State. Housing Remain a Key Priority for the Government The Secretary of State reassured members of the HBF that housing remained a key priority for the government, and that the...

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Estate Agents Urged not to Panic Because of Brexit

Following the vote to leave the EU that caused panic in the UK property market, Anthony Hesse, the managing director of Britain’s oldest estate agent recruitment consultancy, has called on employers to “hold their nerve.” His comments come on the heels of a quick survey performed by the Chartered Institute of Personnel Development (CIPD) that tried to gauge recruitment...