The first sign of the economic crisis happened when Lehman Brothers collapsed and filed for bankruptcy in September 2008. Many in the financial sector knew that there were problems, but for most ordinary people it came as a bolt from the blue. Those watching events unfold from foreign countries had no idea that the collapse would have worldwide consequences.
Suddenly it became apparent that there were other banks around the globe that were also in dire straits. It appears that in October 2008, the UK was only hours away from a complete financial meltdown when investors decided to withdraw their money. There was a run on many banks as savers tried to get access to their cash before, they thou Continue Reading Story >>>
When you’re selling a property, you want to give yourself the best-possible chance. With everything now online, you needn’t limit yourself to advertising in property magazines. In fact, there are many new, exciting ways to market your property. The emergence of social media and popular blogs mean that the internet is an incredible marketing tool. Likewise, advances in technology have made way for new means of promotion online. Internet savvy marketers are now taking advantage of all the world wide web has to offer.
If you are in real estate, then it can’t hurt to add an extra avenue to your marketing plan. By taking some of your business online, you expand your audience a Continue Reading Story >>>
Most people thought that living in a flat back in the 1960s would be a fantastic experience. There were many estates under construction and queues of people waiting to move in. Many of them found that life there was not all they expected. The places were often cold due to lack of insulation and metal-framed windows, and there was no central heating to make up for it.
Livings standards are high today. Modern technology has enabled us to convert those icy council flats into modern apartments that are comfortable and chic. No longer are they the last resort for desperate people, they are now desirable pieces of real estate that command high prices. Those close to metropolitan city centres can c Continue Reading Story >>>
If you want to buy the property of your dreams, you might not know where to start. It can be hard knowing what makes a property great if you have never bought one before. In any case, there is no need for you to feel confused. You will come to learn that finding the property of your dreams is, in fact, a relatively simple task once you know what to look out for.
Decide on Your Budget
Before you do anything, you must figure out how much you are willing to pay. Once you know how much you want to spend on a property you will then be able to make all your other decisions. Your budget is going to determine where you live and what you live in.
If you are not sure how much you need to budget, look Continue Reading Story >>>
“Boom and bust” is an apt phrase to use for the housing market over the last thirty years. Nigel Lawson was responsible for the boom era back in the 1980s when he was Chancellor. It ended up with interest rates going through the roof as house prices began to soar beyond all expectations. When the effect of the rates kicked in, prices slumped, and new owners found themselves in negative equity.
The financial crash presented a different set of problems. The cause of the problem was irresponsible lending and short-term profiteering by the banks. When people could not repay the loans, banks went to the wall. Luckily the conservatives came into power and figured out ways for the poor to shoul Continue Reading Story >>>