Multimillion-pound property’s price cut down by £800,000

April 30, 2012 Leave a comment

Multimillion-pound property’s price cut down by £800,000, UKUK, South Wales – An incredible offer has been made by the owners of the 15th century Swansea Valley chateau. In January, they had put their house to sell on the property market for £2.7 million. Luckily enough for the current buyer, there was a remarkable rise in stamp duty in the last Budget; the owners of the South Wales’s property have decided to cut down the price by £800,000. The Welsh property has been sold now for £1.9 million to Plas Cilybebyll.

This nine-bedroom house became Country Manor Estates property in January two years ago. Country Manor Estates is a division of Clorenco that has been operating in the luxury property ever since. In 2009, Clorenco was founded by Mike Clare, who turned this tremendous house into one of UK’s most comfortable work environments. Read more of this post

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Million pound homes report fall in sales

April 27, 2012 1 Comment

Million pound homes report fall in salesMillion pound homes worth over £1m being sold across Britain have reported a 5% fall in 2011 according to a report by Lloyds TSB. However, houses worth £2m and over have shot up 5%, the biggest increase in this price range since the start of records in 1995.

The report highlights that whilst most ordinary Britons are struggling on the housing ladder- burdened with wages which have slow growth and the ever increasing cost of living- the super-rich are still able to afford expensive housing and have no problems on the housing ladder. Overall, there was a 4% decrease in the sale of houses across the whole country. Read more of this post

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Safeguarding Your Home Against Intruders

April 26, 2012 Leave a comment

Safetguarding your home against intrudersLiving in a time when anything can happen can send anyone into hiding. While some people prefer to set up camp far away from places that are deemed to be “the most dangerous”, the fact remains that people still have to live there. Also, even if your location is considered relatively safe, it’s a simple truth that crime can happen anywhere. Here are some of the things that can keep the worst from happening.

Always keep your doors locked. In many cases, invaders don’t even have to break into a house to get in; they simply stroll in when they find an unlocked door. Aside from the lock on the door knob, your door should also have a sliding lock as well as a deadbolt to make sure that it’s secure. Read more of this post

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Housing Minister Grant Shapps vows to aid buyers

April 25, 2012 Leave a comment

housing minister grant shapps vows to aid buyersHousing Minister Grant Shapps has guaranteed to help buyers to get onto the property ladder. The people he has pledged to help have been dubbed ‘the boxed-in generation’, who have outgrown their current home but cannot afford to get a bigger place.

Findaproperty.com recently conducted a survey which discovered over 30% of parents feel that for their family size, their property is too small. The figure rose to 40% for families aged 18-34.

Shapps has stated that the current generation are very much unlike their parents who were more easily able to move home as families expanded. They are now stuck in small flats when they really crave a family home. Therefore the newly introduced NewBuy scheme is intended to help this problem. This scheme allows buyers the chance of buying a new house with a smaller deposit and a 95% Loan-to-Value mortgage. Thus these buyers are more likely to be able to obtain a place on the property ladder. Read more of this post

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Rihanna moves to London, UK

April 24, 2012 2 Comments

Rihanna moves to London, UKLondon has to prepare itself for superstar Rihanna as she wants to move to the UK in May. During the summer, the Barbadian celebrity is filming a UK fashion show for Sky Living.  Rihanna considered buying a house in East-London in the beginning of 2012 but didn’t make an offer after taking the paparazzi and fans into account. She wouldn’t feel safe here as there were no gates to keep them away from her property in London.

This summer Rihanna, Nicole Roberts and Girls Aloud are searching for the best undiscoverd British designer. Therefore she is staying at least from May till July in the UK capital. A source tells the British sun that Rihanna is probably settling down during this period and enjoy life in London. Nevertheless, there will be short trips in Europe and elsewhere The Bajan beauty is really excited about her moving to London. She finds it an incredible city and can’t wait to go there. Also filming the UK reality fashion show is something she really looks forward to it and the crew seems to be impressed by the effort Rihanna is putting into it. Read more of this post

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Rental payment struggle for tenants

April 23, 2012 1 Comment

Rental payment struggle for tenantsTenants are experiencing a rental payment struggle as more and more are failing to pay their rents at the right time.

The Association of Letting Agents (ARLA) have discovered that in the last six months, 40% of their letting agent members have noticed that more of their tenants are not meeting rental payment deadlines, or are struggling to do so. Tenants will therefore try to barter with landlords to keep the level of rent the same or even reduce it. The report discovered that this trend was most apparent in the South West and North East of England, which shows a struggle which takes place in very different parts of the country. Read more of this post

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Mike Hussey will sue Cricket Club over development

April 20, 2012 Leave a comment

Mike Hussey will sue Cricket Club over developmentMike Hussey, who runs property firm Almacantar, is suing Marylebone Cricket Club (MCC) over the redevelopment of said cricket ground.

MCC hired Almacantar to plan the redevelopment of Lord’s cricket grounds. This redevelopment would have seen the cricket grounds expand from 29,000 to 37,000 seats. However, after months worth of plans and an estimated £750,000 spend by the company, MCC decided not go to ahead with the redevelopment. The project was said to be worth £400m. Their reason for the halt was due to the current financial state of the economy. It has also been reported that in order to fund this redevelopment, MCC were prepared to sell luxury flats in the nearby vicinity, but eventually decided against it. Therefore Mr Hussey has asked MCC to recover lost costs in regards to this project. Read more of this post

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UK family got on property ladder by buying Garage

April 19, 2012 1 Comment

UK family got on property ladder by buying GarageThe UK is witness of a unique new property investment, made by the Borman family from St Neots, Cambridgeshire. They found an extraordinary way of getting on the property ladder. Instead of buying a bigger home, they invested in a garage which they turned into a new living room.

The Borman family has been living in the St Neots, Cambridgeshire whole their lives. The 44 year old Martin, his wife Lindy and daughter Amber were having a hard time living in a house that is just too small for them. They had thought about investing in another property over and over again but due to their current financial situation they were not able to buy themselves a new home. Even though they could afford to buy a new home, they knew something had to change. Therefore they used the money they had saved up to buy themselves a £6,500 lock-up garage and turned it into an extra room. Read more of this post

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Fix-price housing market support from London mayoral candidate

April 18, 2012 Leave a comment

Fix-price housing market support from London mayoral candidateA fix-price housing market is one of the suggestions of Siobhan Benita, the only independent candidate in the race to become London’s next mayor.

The former civil servant’s manifesto has been described as covering all policy areas with some solid ideas and an agenda which focuses on the community. She states that she did not just want to cover one issue and wants to ‘challenge’ our current mainstream parties in politics by being less extreme and more thoughtful.

Ken Livingstone, the Labour candidate for the race, is welcoming of Siobhan Benita, believing that a range of candidates for the election debate should have their voice heard. Boris Johnson, the Conversative candidate, has yet to comment on Siobhan Benita. Read more of this post

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London attractive in UK Housing market

April 17, 2012 1 Comment

London attractive for UK Housing marketBuying a house in London is still the most interesting city for new buyers. Latest survey has pointed out that there has been an increase in the housing market in March.

The amount of inquiries from potential buyers increased last month. According to the Royal Institution of Chartered Surveyors (Rics), there was a 9 percent spike of surveyors that reported an increase of inquiries from potential buyers than surveyors who reported drop.

Possibly the beautiful weather played his part there. This could be one of the motivational factors that leaded to some new inquiries. Obviously, people tend to visit more open houses when it’s nice weather than when it’s cold and rainy. Read more of this post

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