A recent survey carried by the Young Group – property portfolio manager – has found that 84 per cent of the buy to let investors think that the proposed Capital Gains Tax changes didn’t affect their property investment plans. The survey asked 500 active UK property investors in the buy to let market. Thirty nine …
Monthly Archives: March 2008
Financial Crisis Makes Mortgage Lenders Squeeze Home Loans
Mortgage lenders are keeping the best mortgage deals for the lower risk borrowers, and reviewing the mortgage contract terms for risky borrowers, as a result of the global credit crunch. The Citizens Advice has reported an increase by 35% in the number of people seeking their support for problems with mortgage arrears. The mortgage lenders …
How to find the best builder?
Anyone can set up as a builder these days. How do you know whether you’re just about to hire a professional builder or a cowboy? You can ask around to your friends, family or colleagues if they know any reliable builders. Builders found in this way are in my opinion the best way to find …
New Property Fund Launched by GIC Real Estate
The Singapore based global investment management company, GIC Real Estate, has teamed up with Orchard Street Investment Management, a specialist UK commercial property adviser, to raise the Property Development Finance fund worth £300 million. This property fund is set out to invest on up to 15 separate acquisitions over a period of 3 years that …
CML Reports Decrease in Mortgage Lending
According to data released in the past few days by the CML (the Council of Mortgage Lenders), mortgage lending decreased in recent months, which indicates that the current world market’s turmoil is affecting the mortgage market. First-time-buyers usually took out loans for 88% of the overall property’s value in January, down from 90% in December …