Archive for August, 2009
Mortgage Fraud in the UK
City of London police has reported a 72% increase in cases of financial fraud largely driven by a jump in mortgage scams over the previous year. The force said allegations of mortgage fraud had reached double figures and were one of the largest areas of activity for its officers. The number of investigations is expected [...]
End of Buy to Let
Judith Heywood Buy-to-let investors were not meant to survive this downturn. With the cost associated with borrowing up — if available at all — and income from rents down, aspiring investors who piled up the debts to plough into the rental market were expected to be among early casualties. But the predicted sell-off has not [...]
Knight Frank
Knight Frank is the real estate leader in residential property and commercial property sales, offering unparalleled access to some of the finest properties for sale and to let in towns and cities across the UK. With a UK-wide network of residential and commercial estate agents from Edinburgh to Exeter, Knight Frank provides professional property services [...]
Bank of Mum and Dad reopens
By Julian Knight & www.keyrs.co.uk How much would you sacrifice for your children? An awful lot probably. How about signing over a portion of your home so that they can own theirs? That is precisely what thousands of parents are doing by releasing equity in their own homes. “We have seen a sharp increase in [...]
Foxtons loses key court battle over unfair terms
A High Court judge has said that fees charged to landlords by letting agent Foxtons when tenants extended their contracts were like a “trap”. Mr Justice Mann ruled that a number of terms and conditions used by Foxtons in its letting agreements with landlords were unfair and were not flagged up prominently enough. These included [...]
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