Cyprus has been flagged up as a good option for overseas property buyers who are seeking returns on their investment.
The Mediterranean island was recommended by Homes Overseas magazine on the strength of its growing housing market. (more…)
August 12, 2008
Investors pointed towards Cyprus
Cyprus ”offers favourable market conditions”
Property investors in the UK could collect higher returns if they shun the domestic market instead, experts have suggested.
Jet-to-Let magazine stated that the recent decline in the economy, which has led to rising inflation and a drop in houses, has “eroded” investors” confidence in the British market. (more…)
Record Number of Tourists visit France in 2007
France remains the world’s favourite tourist destination, receiving a record number of 82 million visitors in 2007.
The figure is an increase of 4% over 2006, which keeps it ahead of its closest rival Spain, who received 59 million visitors, an increase of 1.7%. (more…)
Changes to the France-UK Double Taxation Treaty
A new double taxation treaty between France and the UK was signed on 19 June 2008, containing both good and bad news, (more…)
August 11, 2008
Mortagage lending has started to ease
According to a recent report the interest rates on fixed rate mortgages have started to come back down again after hitting an eight year high in June of this year. Since hitting the almost decade long high, interest rates on fixed rate mortgages have come back down for the month of July according to recently released figures. (more…)
‘Stamp Duty May Be Suspended’
It is one of a number of proposals put forward to boost the faltering UKÂ economy.
Ministers are also reportedly looking at ways of reducing fuel costs.
Apparently the plan is to suspend stamp duty for a limited period on all house purchases. (more…)
August 6, 2008
Halifax slashes mortgage rates
The Halifax is about to cut rates on its fixed and tracker rate mortgages by up to 0.4% (more…)