Property Investment News - Keeping YOU Informed
2010
Every Month we produce a information filled property investment newsletter which is going out to over 4,500 regular subscribers.
Property To Drop 5% In The Next 2 Months!
How`s that then I hear you cry? Simple my spies tell me that an 80% loan to value mortgage is coming soon, if that`s the case what`s going to happen is that you`ll lose 5% when you buy a property.
Let me explain, at the moment we get 25% discounts, the minute an 80% LTV mortgage comes out, all the property finders will either get lazy & only negotiate 20% off, or be sneaky & keep the other 5% & you`ll only be getting 20% discounts.
That's £5,000 on a £100,000 property,
I keep saying it `Make hay while the sun shines` the window of opportunity is starting to close.
Nostradamus Predicted 2010 "Would Be A Bad Year For Buy-To-Let
THE prophecies of Nostradamus include warnings about fluctuations in the UK property market, it was claimed yesterday.
The Institute for Studies has examined the more obscure writings of the 16th-century seer, discovering Quatrains foretelling the current dip in house prices, including:
Many shall be beguiled by the two-headed beast, 'Kirstyanphil'
They will buy in supposedly 'up-and-coming areas'
They will make some mainly cosmetic changes
But then all the money will disappear and a new age of darkness does commence.
Nostradamus's other predictions included warnings that new build 'designer' flats are unlikely to hold their value, and that buying anywhere near Richmond is a bad idea as it will be completely destroyed in the War of the Many Headed Sea Dragons, sometime in the latter half of 2013.
Professor Henry Brubaker said:
"The buy-to-let market was one of Nostradamus's main interests, after the occult."
Indeed, historical records show that during the Great Plague he used his powers of prophecy to predict the areas which would remain unaffected by pestilence and therefore desirable.
"He then bought several properties with excellent potential as 'projects' and decorated them in a style five years' ahead of its time.
He was like a bearded Sarah Beeney, which is a bit creepy.
Historians believe Nostradamus's house price predictions came when he entered a trance-like state, during which he would commune with a group of smug demons at a kind of metaphysical Satanic dinner party where the culinary theme would be 'modern eclectic dining' and the background music sounded a bit like Corinne Bailey-Rae.
If you belive what you read in the newspapers ,as they jump onto the latest day to day facts & figures that are produced every day on the property market, then you may as well take belive Nostradamus & the expert down the pub.
If however you take the medium to long term veiw on property, & that in 5-10 years time it`s going to be a lot dearer than it is today, then buy as many as you can now, with 25%+ discounts & low money in. Don`t forget in a recession there are fortunes to be made.
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Other News
The RICS UK Housing Market Survey
The RICS UK Housing Market Surveyis one of the most respected and influential measures of the housing market in the United Kingdom. Increasingly used by City forecasters and the Bank of England, the monthly survey is often the first to identify sea changes in the market across England, Wales and Scotland and Northern Ireland. Here you will find Market Surveys and News from RICS from 2004 to the end of December 2008. More >>>
Two thirds of lenders have not cut their variable mortgage rates two weeks after the Bank of England dropped its benchmark interest rates, new figures show.
