There is a firm belief that Property Investment can be a route to financial security. Over a long period property is almost certain to go up in price, and if you stay in your house long enough it will almost certainly end up being worth...
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There is a firm belief that Property Investment can be a route to financial security. Over a long period property is almost certain to go up in price, and if you stay in your house long enough it will almost certainly end up being worth more than you paid for it.
A majority of British people believe buying property is now a safer place to put their money than saving with a bank or building society. Research for the BBC Two series, The Truth About Property, found 53% of respondents believed owning property was safer than cash.
The poll took place in the aftermath of the Northern Rock crisis, the first run on a British bank in nearly 150 years.
The findings come despite mounting evidence of a slowing housing market.
‘Extreme measures’
Prices... Read Full Story
The search for vacation homes on the New Jersey shore may seem arduous at first, but with a few common-sense ideas in mind it’s not too hard to find that special place.
There are nation-wide websites that cater to home-buyers, like Realtor.com , that allow the prospective vacationer to zoom into specific areas and check out the variety of properties available. This is good for getting an overview but it is often better to work with local agents, such as us here at seawindsofseaisle.com... Read Full Story
Anyone thinking about visiting the South Jersey Shore for vacation should consider Sea Isle City, NJ. Not only does Sea Isle have a tremendous amount to offer visitors, it is also centrally located to tourist attractions North, South, and East.
Located only seventeen miles north of the southern most point in New Jersey, Cape May, visitors can hop on the Parkway and visit Victorian Cape May within twenty five minutes. About five to ten minutes closer to Sea Isle, you have Wildwood with all... Read Full Story
First a little story about buying investment property. My wife and I stayed at a motel in Tucson for a week one winter. Our bill was for twice what it should have been, but since I already paid the correct amount in cash, I thought nothing of it. During our stay, we noticed that the lobby and swimming pool were unheated, and passed it off as frugality. A year later, however, when I read a news story about a new owner struggling to make the motel work, I realized what was really going on. To... Read Full Story
The confidence of landlords does not seem to have been completely crushed by the recent global credit crunch, according to a press release by the Association of Residential Letting Agents (ARLA). The ARLA is the professional body concerned with the self-regulation of letting agents. Members are seen as being at the forefront of the private rental sector Figures from their findings show 71 per cent of landlords had no intention of selling their property. Ten per cent of members reported... Read Full Story
The Bank of England recently pumped £5billion into the markets, in an attempt to boost interbank lending. “Along with other central banks, the Bank of England is closely monitoring market conditions,” it said in a statement. This ‘credit crunch’ is the consequence of problems in the American sub prime mortgages market. Last year many low income mortgage holders, defaulted after years of steady interest rate rises, combined with house prices flattening, meant banks had to write off sub... Read Full Story
Lettings-r-us have established a reputation for providing flexible, affordable and professional service to all tenants and landlords. The service that they offer to their customers in Somerset and Wiltshire includes competitive terms and impartial advice. Over a period of ten years, Lettings-r-us has grown into the most successful Residential Letting & Management Agents in South-West, England. Lettings-r-us has become synonymous with the highest standard in the letting and care of rental... Read Full Story
The National Association of Estate Agents (NAEA) is infuriated that the Department for Communities and Local Government (CLG) has decided to try to use estate agents as a scapegoat for the problems of Home Information Packs (HIP). However, a full reading of the research document reveals much more than suggested by the CLG’s own press release earlier this month. Stewart Lilly, President, NAEA, comments on the MORI HIP research: “ The industry continues to be willing to work with the... Read Full Story
Following talks between the Government, home builders and environmental groups. The Home Builders Federation said continual discussions between the Government, home builders and environmental groups is gaining strength as they embark on their ambitious attempt to improve environmental standards. Builders, suppliers, utility companies and regulators have agreed to a set of pledges, to begin meeting the goal set by the government.
Housing minister, Yvette Cooper said, “We know it will be a... Read Full Story
The Bank of England kept interest rates unchanged as accelerating inflation presented policy makers from cutting borrowing costs to shore up economic growth. The nine-member Monetary Policy Committee, led by Governor Mervyn King, kept the interest rate at 5.25% for the second consecutive month. A recent report showing manufacturer’s prices rising last month has caused fears amid many economists concerning rising inflation. Factory gate prices grew at their fastest rate in more than... Read Full Story
