I notice that property asking prices in the uk have actually risen. This can only be due to two reasons, a shortage of stock on the market, or perhaps a result of vendors refusal to reduce their asking price of their property accordingly.
This is one to watch over the coming months as if base rates do increase, owners will be forced to put their properties on the market for a quick sale, as they no longer will be able to afford their monthly mortgage payments.
Post Date: January 17th, 2011
A good set of figures from Eurostar published today who have obviously benefited with airline troubles caused by both the torrid weather conditions, and ash clouds throughout 2010 . Perhaps this is an early indication of a definite recovery in business travel demand.
Post Date: January 14th, 2011
Business owners will need to be aware of the 1.3% drop to house prices last month in comparison to November 2010. With many business loans guaranteed against their property values. A further decrease could indirectly lead to overdraft reduction, due to the fall of equity status, or loans needing to be repaid.
Post Date: January 13th, 2011
What a shame that after four successful seasons that James Caan has stepped down from the panel of Dragons Den. Described by the media as the calmest and most sincere of the Dragons, the shows producers will surely have a task on their hands in replacing him
Post Date: January 13th, 2011