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Archive for June, 2008

Mortgage lenders hit property investment with rate hike

Three UK high street mortgage lenders have upped the costs of their fixed-rate home loans. Bradford & Bingley, First Direct and the Co-operative bank stepped up fees on Wednesday as banks continue to find it harder to lend.

Bahrain city development is unveiled

Bahrain is stepping up its real estate development drive with the unveiling of a master plan city involving up to 30,000 homes. Diyar Al Muharraq was launched on Wednesday and will involve an estimated BHD 1.2 billion ($ 3.2 billion) worth of investment, with Kuwait Finance House the main stakeholder.

Top ten foreclosure opportunities listed

US real estate experts have highlighted ten business niches set to grow thanks to the country’s foreclosure crisis. US News turned to the knowledge of Robert Kiyosaki, a columnist and author, and Rick Sharga, vice president of marketing for real estate information provider RealtyTrac.

300 exhibitors expected at property investor show

A total of 150 exhibitors have already signed up to the 2008 edition of the largest UK property investment event. The Property Investor Show will run from September 19th to 21st at London’s ExCeL centre and expects a further 150 firms to commit before the event goes ahead.