Archives for January 2006

January 6th, 2006

New figures reveal that mortgage lending in the UK increased by 1 billion GBP in November reflecting the injection of confidence that the UK property market has received in the last few months.The report from the Bank of England indicates that after repayments, individuals borrowed a total of 9.6 billion ...

Continue reading UK Mortgage Lending Soars

January 10th, 2006

Property sales on the Costa del Sol have declined dramatically over the last 12 months forcing many agents to close down. Existing agents are fighting back by saying ‘No’ to registration of unrealistic house prices.One of the main reasons for the down turn in property abroad sales on the Costa ...

Continue reading Spanish Sellers Say Go – Estate Agents Say No!

January 5th, 2006

The property boom in Spain appears to be rolling on with house prices rising at around ten per cent last year.The figures from Sociedad de Tasacion show that although this is the lowest increase for a few years, it is approximately in line with the average annual increase of 10.8 ...

Continue reading Spanish Property Boom Prolonged

January 12th, 2006

Spain has introduced rules to prevent the historic practise of paying for large chunks of property in cash to evade tax.Legislation shortly to come into force will mean that individuals will no longer be able to pay for a portion of properties they buy in cash, The Times reports.The Spanish ...

Continue reading Spain Looks to Hit Tax Dodgers

January 13th, 2006

The UK could be developing into a nation of property investors as a new report revealed that many young people are keen to own property abroad in the future.According to a survey by UCB Home Loans, the specialist lender of Nationwide, there is an increasing interest among young people in ...

Continue reading Overseas Property Attracts Young

January 9th, 2006

MEPs adopted a report with 550 votes in favour, 45 against with 25 abstentions on the alleged abuse of the Valencian Land Law known as the LRAU and its effect on European citizens.The Parliament invites the competent authorities to take account of the following suggestions, to remedy the problems that ...

Continue reading MEPs Call on the Commission to Act

January 11th, 2006

There appears to be irrefutable evidence that the UK property market is regaining momentum with news that house prices have now increased in six of the last seven months.HBOS, the world’s biggest mortgage lender, has released figures showing that house prices rose by one per cent to an average of ...

Continue reading House Prices Climbing Again

January 16th, 2006

Housing markets across Europe are now expected to avoid the dramatic crashes predicted just a year ago, with most markets ending the year on a surprisingly positive note and looking forward to at least modest price growth during 2006. Many experts had expected that Britain, where the housing market was ...

Continue reading European Housing Ends Year On Surprisingly Upbeat Note

January 18th, 2006

The trend of buying cave houses in Andalucia is gaining momentum. Get Spain Almeria look at some of the more popular areas in which people are buying cave houses as well as providing some information about this type of dwelling and why it has become a cult buy.It’s 2006 and ...

Continue reading Cave Houses for Sale in Andalucia

January 17th, 2006

Plans to construct a further 450,000 homes along a 500 kilometer stretch of Spain’s already massively developed Mediterranean coast could be derailed by a lack of water, regional water boards have warned, indicating that the long running conflict between urban development and environmental sustainability has now come to a head.Documents ...

Continue reading 450,000 New Mediterranean Homes Cannot Be Guaranteed Water Supply