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Archive for May, 2008

'Gardeners Included' in Majorcan development

An agent is offering up £2 million new homes for sale in Spain – with gardeners thrown in for good measure. Barton Wyatt International (BWI) is marketing two prestige golf properties at La Reserva Rotana, in Majorca, and says both also come with waiters and cooks.

Middle Eastern property investors look to London

Qatari state property investors are reportedly gearing up to buy as much as £5 billion in UK and European commercial property. The news comes just days after it was revealed state investors from the Middle East were in the running to buy large swathes of commercial property in New York as they shifted focus from banks to buildings.

UK property market 'stable' amid wobbly confidence

An estate agent body has said the UK housing market is showing signs of stabilising, although buyer confidence remains ‘shaky’. The National Association of Estate Agents (NAEA) said its members were reporting stability in the number of sales agreed.

'Bank of mum and dad' now crucial for first-timers

Couples who are able to turn to the ‘bank of mum and dad’ make up the majority of young UK first-time buyers, a case study suggests. Linden Homes said young people who can borrow money from their parents are among the few who can currently make it onto the country’s property ladder.