David Cameron has announced a crackdown on corrupt investment in UK property.    This year has seen the subject of potentially dodgy money being invested in the country's real estate raised multiple times. A recent Channel 4 documentary, From Russia with Cash, saw an undercover journalist approach estate agents pretending to be a Russian politician with stolen money to launder in...

  British buyers of property in Europe are enjoying a bonanza of bargains, thanks to the pound recently reaching an eight-year high against the euro.   The strong sterling against the weak euro has led to extremely favourable conditions for property hunters on the lookout for a holiday home or a good value luxury investment. Indeed, since the start of November 2007, on a €500,000...

    Irish property has the fastest rising prices in Europe, according to official statistics.    The latest data from Eurostat shows that European property prices edged up 0.9 per cent between January and March 2015, compared to the previous quarter, and by an even higher 2.5 per cent compared to the same quarter in 2014. House prices in the eurozone climbed by a smaller 0.3 per...

  Enquiries for Spanish property have reached a record hig, according to one portal. Kyero.com says that it has just had its busiest ever quarter in the three months to June 2015, thanks to the wide number of affordable properties on the market.   Indeed, the recent Greek financial crisis has contributing to a weakening of the euro, which has boosted the spending power of overseas investors in...

  US buyers are stepping up their property buying activity overseas on the back of an increasingly strong dollar.   Demand for property in the Cayman Islands has doubled, according to a report by chartered surveyors and consultants Charterland. The number of buyers registered in the USA with the islands' land registry surged from 5.61 per cent to 10.04 per cent in 2014, while Canada saw a...

  Greece is once again facing a deadline to reach an agreement with its EU creditors to stay within the eurozone and secure more financial support. While a new deal remains elusive, though, buyers appear confident in the country's housing market, thanks to the weak euro and affordable prices.   According to a recent report from TheMoveChannel.com, concern surrounding the eurozone crisis has...

  The Bank of England has cautioned that Britain's booming buy-to-let market could post a threat to the economy.   The bank's biannual Financial Stability Report warned that looser lending standards in the buy-to-let industry "could contribute to general house price increases and a broader increase in household indebtedness", as investors find it easier to access credit for investing in rental...

  US home sales are soaring, as the recovering economy fuels the housing market. Prices, though, are rising too.   Pending sales rose 0.9 per cent in in May 2015, taking the National Association of Realtors' index to its highest level in nine years. Pending sales are 10.4 per cent higher than one year ago and have now risen year-on-year for nine months in a row.   Sales declined...

New Zealand has changed its tax laws for property investors in an attempt to ensure a fairer market. The new bill, which will amend the Land Transfer Act and Tax Admnistration Act, will require buyers and sellers of property to provide IRD numbers at the time of the property transfer. The measures were proposed last month by Revenue Minister Todd McClay and Land Information Minister Louise Upston,...

China is the biggest spender on US real estate, according to new figures.  The country has become an increasingly dominate force in the global property market, as Russians decrease their activity following the devaluation of their currency. Indeed, Australia has become so concerned that demand from foreign investors, led by China, is inflating its house prices that the country has introduced...