Selling a Property – Matters to Consider

Selling a Property
These are a few factors worth considering when it comes to sell a property in Dubai or any other place for that matter. The process of selling a property is far more hectic than buying one, especially when there’s no agent involved. You have to renovate the property, do marketing, negotiate the terms with buyers, preparing documents, finalizing the deal and much more. In order to have a successful...

UK To Impose New Tax On Non-resident Property Owners

Non-resident Property tax
Chancellor George Osborne is set to impose Capital Gains Tax on foreign owners of property in the UK. Those who will be taxed will not be residents of the UK but will buy and sell property within the country. Currently, non-residents do not pay Capital Gains tax but those who do live within the country pay 18% when their home is sold and 28% if the property is not classed as their main home. The Chancellor...

UK House Prices Could Rise By Up To 17% In Next Five Years

UK House Prices Could Rise
A pick up in demand for UK property could send house prices soaring by 17% over the next five years according to the autumn 2013 report from CBRE. The improvement in lending along with the shortage of new homes arriving on the market also look set to contribute to rising property prices around the UK. The Funding for Lending scheme has helped improve mortgage rates and the Help to Buy scheme has already...

Average Asking Prices For Homes In The UK Increased Every Month This Year

Average Asking Prices For Homes In The UK
The average asking prices of UK properties have increased month on month in this year alone, the latest market review from Move with Us has shown. The data also shows that the rise in asking prices has mostly been fuelled by the South. However, in recent months the rise in property prices appears to have spread to the whole of the UK. Over the whole of the UK the average asking price increased by approximately...

Home Affordability Improves For Second Steppers And Deposits Fall In The UK

Home Affordability Improves UK
New research from Lloyds TSB has shown that the average price of a home has fallen by 10% since 2008. In addition, the average deposit was £70,540 in 2013, just 6% higher than in 2003 according to the report. Affordability for second steppers on the housing ladder has improved over the last year but has fallen over the last ten years. The average price paid by a home mover has fallen by 10% over the...

London Flat For Under 100k In 2013 – What’s The Catch?

london-flat
The Daily Mail recently featured a London flat which is on sale for less than £100,000. The article suggested that this could be one of the last properties in London to sell for below £100,000. So what is the catch and why is the property so cheap? It is a small studio flat in a 1930’s mansion block in Brixton – not the most expensive area of London, but you can pay quite a lot more for similar...

Increasing Usage of Property Sites by Indian Buyers

Property Sites
With so many vicissitudes in every sector because of the market slowdown, making investments in the real estate segment of India has emerged as the hottest topic among the investors. The Indian real estate sector is going through a dynamic phase with the rapidly changing economies and real estate laws. In such an environment, both the buyers and builders are adapting and embracing changes. The builders...

The Importance Of A Structural Survey Before You Purchase

Structural Survey
The survey can be one of the most expensive outlays when you move – and surveys can consist of a basic report by a surveyor – to a full structural survey of a property which is used to investigate, detect or diagnose any structural issues which may cause a problem with the building. Because structural surveys are so expensive, many homeowners are tempted to opt for a cheaper surveyor’s report...

What is the process for a bank to evict someone from a property?

evict someone from a property
In general, the real estate foreclosure and eviction process can be a confusing one if you’ve never been through it. So, if you are going through this and need a little more information about the bank’s process to evict someone from a property, read on. After a foreclosure, a bank or a private buyer has the right to take the property, but it may be a bit more difficult if the person living there...

The activities in the real estate sector

activities in the real estate sector
It’s been a few years the real estate market is not showing the best of health as it did once. Not only in Las Vegas but all over the United States of America the trend of the real estate sector is depressive from the economic point of view. The struggle has been tougher in the past couple of years and prices or properties has gone considerably down. It will not be wrong to say that everyone...
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