Insurance News Archive
- 30 Jan 2009
Commercial Property Oversupply 'affecting Values'
Jason Butler, a partner at Bloomsbury Financial Planning, says the saturation of shops, offices and factories means there is less demand for commercial property, forcing values down. - 30 Jan 2009
Turkish Buy-to-let-market Is 'strong'
Giovanna Gentile, public relations executive at Atlas International, says the country is an appealing prospect for landlords as more budget airlines are offering services to the Aegean and Mediterranean coastlines. - 29 Jan 2009
Landlords 'still Seeing Profits'
A study by mortgage broker Money Centre found that three-quarters of proprietors are earning a profit, the same figure as in 2007 when the UK housing market was experiencing a boom. - 29 Jan 2009
Shopping Centre Owners To Cut Service Charges
The landlords and retailers working group - which was set up with the aim of both professional bodies helping each other to cope with the economic downturn - said British Land's Meadowhall shopping centre in Sheffield will make savings of more than 18 per cent in the first year by implementing the reductions. - 28 Jan 2009
Commercial Property Giants 'to Sell Retail Assets'
The two companies are putting assets on the market at much lower prices than they would have expected to command a year-and-a-half ago, according to the Times. - 27 Jan 2009
25% Property Owners Afraid Of Negative Equity Risk
Figures from Fairinvestment.co.uk reveal 11 per cent of these purchased at the height of the boom, which could be of particular concern to buy-to-let landlords. - 27 Jan 2009
Careful Investing In Commercial Property 'still Makes Sense'
Jason Butler, a partner at Bloomsbury Financial Planning, claims these negative effects are a result of individuals placing a disproportionate amount of their money into a single asset class. - 26 Jan 2009
London Landlords Warned About Letting Agent Renewal Fees
The National Landlords Association (NLA) reports that proprietors in the area are being charged around 11 per cent for renewing properties on a let-only basis, whereas most letting agents in the rest of the UK do not charge landlords to continue their agreements. - 26 Jan 2009
Rics To Manage Planning Advice Service
Rics will head up the Expert Appointments in Planning Service, providing specialists who will give advice on development plan documents which outline local authorities' intentions for building in the area. - 23 Jan 2009
Half Of Homes 'average' For Energy Efficiency
Using information from energy performance certificates (EPC), Halifax Estate Agents found that 44 per cent of houses fall into band D, while just one per cent are ranked in the highest bands A or B. - 23 Jan 2009
Repossessions Doubled At End Of 2008
Statistics from the Financial Services Authority (FSA) show mortgage lenders repossessed 13,161 homes between September and December last year compared to the same period in 2007, when 7,000 properties were seized. - 22 Jan 2009
Buyers 'still Struggling To Afford Deposits'
"It's the loan to values that are still preventing people from buying property," says Hayley Martin, team leader at Click n go Mortgage.
