Foreign purchases of Spanish properties highest in nine years

Foreign investment in Spain’s housing market in 2013 was the highest for nine years, at €6.45 billion (US$8.95 billion), up 16% on the previous year, according to the Bank of Spain. British nationals were the biggest buyers with 15.1% of total foreign residential property purchases.  The French bought 9.84%, the Russians 8.58%, and Belgians with [...]

By |2014-04-23T08:28:29+01:00April 23rd, 2014|House Purchase, House Sales, News, Selling|Comments Off on Foreign purchases of Spanish properties highest in nine years

House Sales Complaints to Property Ombudsman rocket

House sales complaints rose from 4,261 in 2012, while complaints about letting rose by 1,845 from 8,334 in 2012. In total the Property Ombudsman received 16,378 complaints last year, a 22.9 per cent increase on the 13,321 complaints received in 2012. The ombudsman says 837 complaints about house sales were resolved last year, 236 of [...]

By |2014-04-16T13:18:27+01:00April 16th, 2014|House Sales, Selling|Comments Off on House Sales Complaints to Property Ombudsman rocket

How much does buying that house really cost?

Buying a home in the UK will set you back £235,000 on average, according to the latest figures published this morning by the Office for National Statistics (ONS). “But hold on a minute,” I hear the news-hounds among you say. “Yesterday I read that it was much higher than that.” And indeed you may have. [...]

By |2014-04-16T09:12:57+01:00April 16th, 2014|Buying, House Purchase, House Sales, Selling|Comments Off on How much does buying that house really cost?

The Supreme Court, Full Recourse Loans And Legal Advice

In Whelan v. AIB (Unreported Supreme Court 30/1/14) the third plaintiff, his wife and children, contracted for a loan to purchase land in Waterford for €25 Million, which later had a value less than €5 million. The third plaintiff was a successful businessman. The loan agreement was on a full recourse basis to all plaintiffs [...]

By |2014-04-11T08:45:38+01:00April 11th, 2014|Courts, Legal Advice, Mortgage, NAMA, News, Selling|Comments Off on The Supreme Court, Full Recourse Loans And Legal Advice

Will Maria Miller pay tax on £1.4m house sale?

A property sale delivering a profit of more than £1 million has left Maria Miller facing fresh questions about her financial affairs. The Culture Secretary and her husband Iain Miller bought the property, a five-bedroom Victorian house in Wimbledon, south-west London, in 1995 for £234,000. Ten years later, Mrs Miller was elected as Conservative MP for [...]

By |2014-04-08T08:58:56+01:00April 8th, 2014|House Sales, Selling|Comments Off on Will Maria Miller pay tax on £1.4m house sale?

Thames Valley police face fine for officers’ claims scam

A police force faces a fine from the information commissioner and compensation claims from thousands of motorists after an officer stole accident victims' details from a police computer and sold them on to personal injury solicitors. Sugra Hanif, a constable with Thames Valley police, was jailed for three and a half years on Wednesday for [...]

By |2014-03-14T14:07:34+00:00March 14th, 2014|Insurance, News, Personal Injuries, Selling|Comments Off on Thames Valley police face fine for officers’ claims scam

Questions to ask before buying a home

What is this property worth in today's market? For ethical reasons, agents can't tell you how much to offer, says C.D. "Chip" Boring, broker/owner of Re/Max Realty Plus in Sebring, Fla. Instead of asking directly how much the home is worth, you ask indirectly, by seeking information about comparable sales, or "comps." An agent should [...]

By |2013-12-06T15:32:49+00:00December 6th, 2013|Buying, News, Property, Selling|Comments Off on Questions to ask before buying a home
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