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Overseas property was once viewed as the preserve of the seasoned investor or as a lifestyle choice for the world's super wealthy. This could not be further from the truth states Matt Moore from World Investment Services. "Overseas property has steadily gained recognition as a viable option for all levels of investors and with the recent mortgage scares in the US and now in The UK (with Northern Rock) overseas property investment is now becoming a more viable option." (PRWeb Sep read more »
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HKR International Limited ("HKRI"), the Hong Kong listed real estate developer (HKSE: 00480) operating the legendary Sukhothai Hotel, is presenting another flagship project, The Sukhothai Residences, in Bangkok, Thailand. The Sukhothai Sky Villa, the largest penthouse of The Sukhothai Residences, will be offered for an unprecedented Global Tendering by the end of this year. (PRWeb Sep 22, 2007) read more »
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The International Monetary Fund has warned that Britain's sub-prime mortgage system is comparable to the United States, sparking fears about the stability of the housing market.The Washington-based institution singled out the UK's low-income mortgage market as a key area of risk for the financial system. read more »
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Inflation hit 1.8% which is a 5 month low for the UK. A mortgage expert predicts the Bank of England will lower interest rates. read more »
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