Top Five Advantages of Bridging Loans for Real Estate Development

Buying, refurbishing, and then refinancing a real estate property is a common strategy employed by property developers. It allows you to turn great profits. However, this method also relies heavily on the ability to act quickly. Unless you have a lot of funds available for buying and refurbishing properties, you need to explore additional options. While you could find investors, there is more to gain when you work on your own. For many people in the property development business, the...

This is what life on Mars is likely to look like

Architectural experts have drawn up prototypes of what living conditions on Mars might be like when the Red Planet is colonised by humans. A panel of specialists worked alongside a visualisation team to predict how future Martian homes are likely to look, with interior and exterior images released for a variety of futuristic residential builds. The team produced particulars for three distinct dwellings; an apartment aimed at young professionals, a family home and a luxury mansion. Key considerations include light...

Lenders see influx of remortgages amid property slump

There seem to be quite a few factors as to why the property prices in the UK are plummeting recently, especially in London.  Stamp duty, second home sales tax and with regards to London in particular, which seems to be declining faster than any other area as well as the whole of the South East, due to in general the property prices, as they are just too high. Of course with Brexit looming and the uncertainty that goes along with...

UK property market at weakest position since Sept 2012 due to Brexit uncertainty

The Royal Institution of Chartered Surveyors (Rics) have published its findings from its monthly survey of its members and it doesn't look good for the UK property market. It found “the weakest reading since September 2012” in October, with prices falling in London, the south-east, south-west and East Anglia. They have are also forecasted that prices remain flat nationally over the next 12 months. In October, prices in London continue on their negative path as buyers wait for Brexit certainty, according...

These locations have the lowest and highest traditional estate agent fees in the UK

Traditional estate agent fees in Glasgow and Leicester are the lowest in the country, averaging just 0.84% of the final house sale price, according to new research. Agents in the cities charge, on average, 0.26% less than the national average (1.10%). According to data from estate agent comparison experts NetAnAgent.com. Edinburgh has the second lowest fees at 0.89%, followed by Hull 0.91% in third place. While London, unsurprisingly, has the highest traditional estate agent fees in the country at 1.7%, followed...

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