Lets Talk About Property Launches in UK

Lets Talk About Property has launched into the UK Buy-To-Let market!

Up untill now Lets Talk About Property has only been promoting and sourcing unique investments in the overseas property market, with investments in countries like Spain, Bulgaria, France, Dubai, Philippines and many more.

On Friday, Lets Talk About Property Launched in the UK with 2 Brand New, Heavily discounted, and RICS Pre-Valued Developments. This comes at a very exciting time, as Lets Talk About Property will be expanding as a company.

"We believe that the Olympic Games will have a huge affect on the Property Industry as a whole between now and 2012, taking into consideration that affect that the Olympics have already had so far" Investors can keep an eye on http://investors.letstalkaboutproperty.com/ for new investments and on http://www.letstalkaboutproperty.com/ for a broad spectrum of investment / holiday homes throughout Europe.

Investors interested in subscribing (Free) to the LTAP Newsletters and Property Alerts can do so by visiting http://investors.letstalkaboutproperty.com/subscriptions.htm

BOE Raise Interest Rates to 5%

BOE Raise Interest Rates to 5%

The Bank of England’s Monetary Policy Committee today voted to raise the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.0%.

The UK economy has recorded its fourth consecutive quarter of firm growth. Household spending has been volatile, but the underlying picture appears to be one of moderate expansion.

The recovery in business investment has been maintained. The outlook for growth in the United Kingdom’s main export markets remains positive. Credit and broad money growth remain rapid, and asset prices have continued to rise. Read more about the rise here.

Interest rates rise unlikely to dent market

Interest rates rise unlikely to dent market

Last Week's announcement of a 0.25 per cent interest rate rise by the monetary policy committee has placed rates at their highest for five years. The decision has been taken to keep pace with the continued growth of the British economy. This afternoon's MPC statement said: "It is likely that inflation will rise further above the target in the near term, but then fall back as energy and import price inflation abate."

Reacting to the rise, housebuilders Linden Homes expressed doubt that it will have a significant impact upon the housing market, due to strong investor presence and first-time buyers grouping together or seeking helps from their families.

Phil Davies, chief executive of the building firm, warned against further rises in December or January, however, saying: "The continuation of the upward trend next month or in the new year would price the vast majority of first time first-time buyers out of the market altogether."

The Royal Institution of Chartered Surveyors (Rics) has welcomed the rise in rates which it says has occurred in a "timely manner". It has petitioned for a rise in recent weeks in a bid to promote stability in the housing market.