Welcome to this week's investment news update and before I forget 'Happy Australia day!'
This week, it's a bank bailout special, and I'll be devoting this week's property investment news update to the subject of bailouts. What exactly is a bailout, who's behind them, and what do they hope to achieve? Did the previous one work? Will the new one work? What are the implications if it doesn't?
I had a good weekend with an offer being accepted at half the asking price on a property we were looking at. I also look at how the property is becoming much much more affordable to buy now that prices have dropped.
Good news if you are looking to jump back in the market but were concerned about your income. We also look at the spike in interest in property in the UK and how this is not leading to sales because of mortgage availability and affordability.
Welcome back to 2009 and my weekly investment news update. I've just spent the past 3 weeks in Spain escaping the worst of the UK weather - but I'm back now refreshed and ready to bring you property news every week.
OK so let's look at this weeks property investment news update.Read More
Here's the weekly investment news update!
This week I cover rising unemployment and it's lag effect on the property market, the recent price drops and the news of the coming recovery who do you believe on the all important dates? And would you believe that the next property crash is already being predicted?