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Archive for May, 2009

and the winner is… Christoph Jaeger from Hamburg, Germany, Age 36. The property is valued at £1million. 46,000 tickets were sold at £25 each raising £1,150,000. From this £40,000 stamp duty, solicitor’s costs and marketing costs will be deducted leaving the couple with the £1m value of their house, without the need for an estate [...]

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UPDATE…. We blogged on this last year, it was one of the first attempts to raffle a house that then came up against problems with the Gambling Commission and the dreams of Brian and Wendy Wilshaw were shelved for several months but…. it would now appear the issues are resolved and the draw has taken place! [...]

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As I discussed back in December last year when rates were slashed to 2%, the Bank of England needed to keep something healthy up its sleeve if all these rate cuts did not do sufficient to help our ecenomy. Well, what has happened since then (as it’s been a while since you have seen any [...]

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Forest Edge Property Network (In association with Property & Land Exchange) DATE: Thursday 14th May 2009 and then every 2nd Thursday of the month thereafter TIME: 7:00pm onwards VENUE: Totton Masonic Hall ADDRESS: Lexby Road, Totton, Southampton, Hampshire, SO40 9HD (On site car parking)   Invite to all property professionals to join a new networking [...]

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I have just read an article on the times website. http://property.timesonline.co.uk/tol/life_and_style/property/article6223112.ece?token=null&offset=0&page=1 Having just written about positive signs in the sales market, I do hope that moves like this by the Government don’t slow the steady progress within the property lettings sector. Whilst this green paper appears to be a good idea and will cause concern [...]

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Having spoken to numerous estate agents over the last few week there seem a consensus of opinion that we are now at the bottom of the market. How long we stay here is the unknown, lenders are starting to introduce some better products/rates and the buyers are returning to the high streets in search of [...]

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