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Why It Was A Hectic Foreign Currency Week

Sterling has seen a strong week against the Euro, reaching a 19 month high against the single currency. Whilst sterling has encountered some resistance at this level, some analysts now believe that sterling could break through, having held at more or less the same level since December. Further concerns regarding the ongoing Eurozone debt crisis could weaken the Euro significantly enough to give the pound...

Nigella Lawson sells luxury London home for millions

TV star Nigella Lawson and husband Charles Saatchi have finally sold their Belgravia apartment after the property sat on the market for a year and a half.  The couple have agreed a deal of £25 million for the luxury property – an astonishing £11 million under the original asking price. The property has been bought by wealthy property developer Christian Candy who, with his...

Emerging property markets see best price rises

A new report has found that the biggest property price rises over the last ten years weren’t in the major, popular markets but in emerging nations.  Perhaps surprisingly, major property markets such as the UK and France were well down the list of real property price growth, and there were also countries that saw prices fall in real terms between 2001 and 2011. Keep reading to find out who...

Mel Gibson Selling His Costa Rica Real Estate

Oscar winning director Mel Gibson has put his huge property in Costa Rica up for sale for almost $30 million.  The star of Mad Max, Braveheart and Ransom bought the estate in April 2007 and has now listed the compound for sale with a leading real estate company. Gibson has suffered a number of public embarrassments and box office flops over recent years although continues to own a number of expensive...

France, Spain & USA top overseas property lists

Despite property buyers looking further afield and in more unexpected overseas locations than before, the old favourites remain top of the list for Brits looking for a holiday home.  That’s the result of a recent article in the Independent on Sunday on holiday home ownership. Countries outside the Eurozone problems such as Turkey and Switzerland remain popular, but keep reading to find out...

Legendary comedian’s house and contents for sale

He was famous to millions as the host of popular BBC game show Blankety Blank.  And now, almost two decades after his death, Les Dawson’s beautiful £1 million property in the North West of England has gone up for sale - along with all its contents. Dawson’s beautiful home in Lytham is to be sold to a former nightclub owner, but not before the contents have been...

Surprise Dollar & Sterling Movements

Over the past week, the pound has seen an unexpected leap in strength against the US dollar. After several very strong weeks of positive US data, the US Federal Reserve chief, Ben Bernake, made a serious of comments in which he stated his belief that further improvements in the American labour market would require faster economic growth. This was seen by some as an admission of weakness in the overall US...

Ireland & Spain offer opportunities to property investors

Two of the countries most closely associated with the property crash across Europe now offer superb opportunities.  That’s the view of delegates at the annual MIPIM property conference in Cannes, France. CTV News reports that ‘Ireland and Spain have dealt with their problems to such an extent they are attracting investors over other debt-laden countries like Greece, Italy and...

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Van Goghs London home up for sale

A London house that was once inhabited by iconic artists Vincent van Gogh has gone up for sale for £475,000.  Estate agents Savills have put the property in auction and it’s the first time the house has been up for sale in 65 years. A blue plaque on the outside wall honours the artist who is said to have spent one of the happiest years of his life at the property.  Keep reading to...