Archives for October 2007
October 15th, 2007
This summer's bad weather has led to almost half of Britain considering buying a place in the sun, new research has found. A survey conducted for Yorkshire Bank found that 43 per cent of people were thinking about purchasing a property abroad. The poll of 1,000 people found the biggest draw for ...
Continue reading Brits Dream of Place in the Sun
October 12th, 2007
Regular users of Monarch's Gatwick - Granada (Spain) route are unhappy about the low-cost airline's decision to cancel the service. Many British home owners in the area cannot understand the decision, claiming flights between the two airports were always full. When Monarch first took off from London Gatwick for Granada in ...
Continue reading Monarch scrap Gatwick – Granada flights
October 11th, 2007
The value of British holiday homes abroad has fallen by as much as 15 per cent in the past three months. A series of second home hot spots across the Continent has had thousands of euros wiped off the value of holiday villas, particularly those along the Mediterranean, an investigation by ...
Continue reading Holiday homes lose their shine
October 10th, 2007
THOUSANDS of British people with second homes abroad are the latest to face a payment shock following the global credit crunch, as lenders across Europe raise their rates and tighten up their criteria. British borrowers with euro mortgages, which have been popular in recent years because they have tended to be ...
Continue reading Loans shock on foreign homes
October 9th, 2007
Spain's national health service is usually lauded by expats, who praise its speed and efficiency. It may come as a bit of a surprise, therefore, to see that Spain's Federation of Associations in Defence of Public Health, FADSP, rate the service offered in two of the most popular Autonomous Communities ...
Continue reading Healthcare 'Deficient' In Expat Regions
October 8th, 2007
Mortgages can now cost up to 1,000 euros a month, against 600 euros for a rented apartment. The highest rents are in the El Limonar area in Malaga city and in Marbella. The price of a three-bedroom house in an average area of any municipality in the province of Malaga works ...
Continue reading Renting Cheaper in Malaga
October 5th, 2007
The Spanish tax office introduces new measures to prevent the under-declaring of property prices. The Spanish tax office is set to utilise a new computer programme that will immediately inform them of any property sale in Spain, giving them the opportunity to check whether the declared sale price is realistic. Over the ...
Continue reading British Investors Protected In Spain
October 4th, 2007
The Valencia property developer Llanera has become the first high-profile victim of the credit crunch in Spain, declaring insolvency yesterday after failing to meet payments on €748m of debt. The fashionable builder, known for its links to Charlton Athletic Football Club, was unable to reach agreement with Lehman Brothers and other ...
Continue reading Sub-prime Claims Spanish Developer
October 3rd, 2007
Award-winning school in Almerían town of Albox to teach in both English and Spanish. Its small native population means that, despite having far fewer British residents overall than areas like the Costa del Sol and Costa Calida, Almería province has a high number of British expats as a percentage of its ...
Continue reading Albox School Goes Bilingual
October 2nd, 2007
Spanish government plans legal changes to boost rentals that will help property owners as well as tenants. If you want to rent a property long-term in Spain, there are many laws that will protect you as a tenant. If your contract lasts for a year or more and the property you ...
Continue reading Evictions To Be Easier In Spain
October 1st, 2007
Can you remember how much you were earning in 1977? Depending on your job and age it could have been £50 per week, £70, a £100 or perhaps more. In 2007 these amounts would barely cover the weekly supermarket bill. How much would your 1970s salary buy you today? Would you ...
Continue reading Inflation Matters
