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Banks’ bad debts to real estate sector worse than initially reported 09-07-2012
The unexpected report about the banks’ bad debts to the real estate sector has been released by the National Finance Supervision Council, which shows that the actual bad debts are much higher than t... -
London’s tallest building opens 06-07-2012
The European Union’s tallest building, the 1,000 foot high 87 storey tower called The Shard in London, is due to be opened today (Thursday 05 July) but it hasn’t got any occupants yet. ... -
English farm land prices reach new record 06-07-2012
English farmland prices rose on average by 3.7% in the second quarter of 2012 taking it to £6,295 per acre, a new record high. ... -
Increase in popularity of the Caribbean could see property rentals increase 06-07-2012
Investor interest in Caribbean property is hotting up as it has been revealed that the region has been voted the top holiday destination this summer by British Airways customers.... -
The UK mortgage market is growing at its slowest annual rate in two years, according to the latest Housing Market Activity Report by Connells Survey & Valuation. ...
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Steep rise in property taxes for foreign holiday home owners in France 06-07-2012
Foreign owners of holiday homes in France face a steep increase in taxes after the French government announced it is to increase capital gains tax and tax on rental income.... -
Properties in Canterbury still unsafe over a year after last earthquake 05-07-2012
A number of properties in the Canterbury area of New Zealand are still considered dangerous over a year after the last earthquake struck the region. ... -
Edinburgh sees prime property prices rise as overall Scottish market remains slow 05-07-2012
The average value of prime Scottish property fell for the fifth consecutive quarter between April and June but the market in Edinburgh has bucked the trend with modest price rises, the latest data fro... -
Wealthy cash buyers driving Ibiza property market forward 05-07-2012
Wealthy cash buyers are currently dominating the property market in Ibiza with the market moving if the price is right, according to leading agents. ... -
Number of residential property tenants in arrears in the UK surpasses 100,000 05-07-2012
The number of residential property tenants in severe financial difficulty in the UK climbed by 8% in the second quarter of 2012, with over 7,000 more tenants over two months in arrears than in the...