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Bank of England Cuts Base Rate by 1.5% |
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Written by Michelle McDines
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Thursday, 06 November 2008 18:59 |
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In a landmark decision today, the Bank of England announced an immediate cut of 1.5% bringing the base rate down to just 3%. This is the deepest cut made and goes even further than the previous record of 1% in 1992 in the depths of the last recession. This strongly suggests that the BoE are determined not to allow the UK to slide any further into recession. A deep cut was expected by market analysts, the media and the public, however the level announced has taken almost everyone by surprise.
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Last Updated ( Friday, 07 November 2008 14:07 )
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The Effects of the Credit Crunch on the Buy To Let Market |
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Written by Mike Townshend
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Wednesday, 29 October 2008 10:43 |
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The causes of the Credit Crunch have been well documented on TV and in the newspapers over the last year. Basically, bad lending in the USA at low interest rates to those who had no jobs and no income came home to roost once interest rates started to rise. But because these sub prime loans, together with better quality loans, had been bundled up and “sold” as investments around the world, no one could put their finger on how big the problem was or where these loans actually resided. If the Credit Crunch started in August 2007 why has the situation become so bad in recent weeks.
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Last Updated ( Wednesday, 29 October 2008 10:56 )
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A Stark Contrast: Australian and UK Housing supply . |
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Written by Brett Wood
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Tuesday, 21 October 2008 08:03 |
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Hey guys, It’s not long now, just 4 days before my wedding. I was reading the papers in Australia today where they had mentioned about a housing shortage they have in Australia. They are only building 150,000 houses this year. The article mentions that more housing is needed if Australia is to keep up with demand. [...]
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Last Updated ( Tuesday, 28 October 2008 10:38 )
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Thanks to Everyone Who Attended Our First Event |
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Written by Administrator
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Monday, 22 September 2008 09:31 |
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A big thank you to all of you who attended our first event in Milton Keynes on Sunday 21st September. I hope you all enjoyed the event as much as I did - certainly the feedback forms were very positive. It was great to see so many Jedi there and I hope you got to make some new friends from the 4 Walls & A Ceiling gang who were also there. The turnout was lower than expected - but with the first weekend of decent weather in many months, I am willing to forgive those who gave into the temptation of sunning themselves in the garden instead! I hope you enjoyed the presentations and took away some golden nuggets of information - or at the very least had your mind stimulated by some alternative viewpoints and opinions. Some of the new features I mentioned for the website, and the new services, will be coming online shortly but in the meantime if you want to find out more about: - Energy Performance Certificates - our nationwide service at £60 + VAT per assessment (and have a tree planted in Ethiopia to do you bit for the environment)
- Private Medical Insurance Plan for Property Jedi - cover for the most important asset in your business - YOU
- International tax strategies - using international companies to pay zero tax in your UK property business
- Using Web 2.0 in your property business
drop me a line at
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Best wishes and watch this space for news of future events.
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Tuesday, 19 August 2008 18:56 |
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Taking those first steps into multi-letting a property can be daunting. Here, my good friend, Vanessa Warwick of www.4wallsandaceiling.com talks us through her latest acquistion and offers tips on how best to utilise the space available and market the property to get it rented quickly. It's worth noting that though bought significantly below market value, this property did not involve messy repossessions, flakey rentback tenants or significant refurbishment or adaptation. The secret is finding a ready market for multilet then taking the time to find the right property at the right price. To view Vanessa's video, visit http://www.vimeo.com/1540069
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Last Updated ( Tuesday, 19 August 2008 19:21 )
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