Archive News Items for March 2009
US Home Sales Up Mar 24,2009
Sales of previously owned U.S. homes rose at their fastest pace in nearly six years in February, data showed on Monday, offering some hope to an economy battling a 15-month recession.

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House Prices Mar 24,2009
Property prices in the UK are constantly changing. Since 1975, property prices have increased in the UK by approximately 3% a year*.

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After months of negative news and a relatively gloomy outlook for those seeking loans in the buy-to-let lovely-family-happysector, several British banks are now offering something positive to look forward to, as they promise to make mortgages and other loans more widely available.

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Buy to Let Returns Mar 18,2009
The leading housebuilder – part of the Gladedale Group - has seen a marked increase in the number of people buying property as an investment since the turn of the year.

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Empty Homes Mar 13,2009
Housing Minister, Margaret Beckett, announced today that local councils are to be given strengthened powers that would enable them to bring empty homes back into use.

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With the government keen to boost the level of mortgage lending, there have been some fragments of good news recently.

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According to Ian Potter, operations manager for the Association of Residential Lettings Agents (Arla), investors could be attracted to the rental market after interest rate cuts from the Bank of England.

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Oil Rigs Mar 10,2009
The holiday property market in Central America and the Caribbean could be shaken up by a slick new design idea - turning oil rigs into luxury resorts.

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Cash Buyers Move In Mar 04,2009
The fall in property prices has wiped out five years’ worth of gains, with the £147,746 average now close to what it was in April 2004, making this an ideal time for property investors to spend money.

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