May 08 2008
The buy-to-let market saw significant growth from 2003 – 2006 as a result of a favourable economic climate and low interest rates. This made it easier for prospective buyers to own property which resulted in: 1. Fewer tenants, since more tenants could afford to buy their own property 2. A surge in rental properties coming…
Apr 28 2008
Investors are not the typical domestic buyer. Speculators, despite being a different type of buyer, are generally thought to be in the same group as investors. Speculators and buyers are very similar in their requirements and in their search and acquisition of property. Investors are still finding good opportunities for investment both here and abroad.
Sep 17 2007
The National Credit Act came into effect on the 1st of June 2007 with all Credit Providers being required to comply with the Act in order to continue lending. Its main objectives are to: – alleviate the over-indebtedness of consumers; and – regulate the credit industry