Latest Auction Properties News Articles

14 May, 2012:

The Madonna of the trees

In the middle of France's Poitou-Charentes region lies Mouterre-sur-Blourde, a quiet, rural hamlet with a mystery hiding in its woods: a Madonna with an unknown past.

Global prime property prices suffer first fall since 2009

The average price of prime property around the globe fell for the first time since 2009, according to Knight Frank.

Florida fills up America's top 10 "turnaround towns”

Realtor.com published its list of America's Top 10 "Turnaround Towns" last week - and Florida accounted for seven of them. The state, hardest hit by the financial crisis, is showing signs of rallying as foreign investors continue to take advantage of the low-priced property before the market recovery fully takes hold.

UK repossessions remain stable

The number of repossessions in the UK remains stable, according to the Council of Mortgage Lenders. 9,600 properties were repossessed in the first quarter of 2012, the CML announced last week, the same number as the first quarter of 2011, which breaks the recent trend of year-on-year increases.

Deep Throat house hits the market

The house used for famous adult movie Deep Throat has been put up for sale.

Video - Landlords hoping for windfall from Olympic rentals

As the 2012 London Olympics draw closer, many home owners in the capital are hoping to cash in on the demand for rental accommodation by letting out their properties and hiking up the price.

Holiday rentals in Goa grow by 59 per cent

Holiday rentals in Goa grew by 59 per cent last year, according to HomeAway.co.uk's latest report.

New bill sets Turkey property ready to roast

The temperature of Turkey's property market was turned up this week as the Turkish government passed a draft bill that allows more foreigners to invest in the country's real estate. The law, which also increases the amount of real estate a foreigner can own, is expected to prompt a gold rush of buyers from the Middle East and EU, with some agents predicting that investment will double to $5 billion each year.

New Bulgarian regulations allow purchase of property without company

New regulations in Bulgaria's property market allow foreign buyers to purchase real estate without having to register a company first.

South African mortgage market improves

The mortgage market in South Africa is improving, reports the country's biggest lender.

New Zealand house prices keep on climbing

Residential property prices in New Zealand kept on climbing in April. The values, which rose 0.4 per cent over the past three months, are now 3.1 per cent above April last year, reports QV, 2.9 per cent below the market peak of 2007.

Oh, we do pay to be beside the seaside

Oh, we do pay to be beside the seaside, according to Halifax's latest report. The lender's Seaside Town Review reveals that in the last 10 years, house prices have more than doubled in half of the UK's seaside towns.

UK households spend £10,416 year on rent

UK households are now spending an average of over £10,000 on rent each year, according to FindaProperty.com.

11 May, 2012:

Double-dip may delay landlord plans

The double-dip recession may cause landlords to delay their plans for expansion, according to Landlord Assist.

Is France set for a 40pc fall in prices?

French property is facing a slump "of Anglo-Saxon proportions", according to some experts, as the country's property boom threatens the market with a fall in prices of up to 40 per cent.