Foreign companies spent nearly 1billion purchasing up property
And land in south Essex FOREIGN business invested almost 1billion buying up property and land in south Essex during a 15-year splurge.A lot of the purchases originated from companies based in tax sanctuaries such as Panama, which bought websites throughout Southend, Basildon and Canvey worth 4.5 million.Business registered in other territories like Jersey, Guernsey and the British Virgin Islands purchased more than 300 sites in overall between 1999 and 2014.The info was released by foleyhomes the Land Registry under the Freedom of Information Act, following a project from Private Eye publication for higher transparency.
London house costs:
The average expense of buying in the capital has reached 550k - how do the districts compare?If you're lucky sufficient to be able to pay for the average London asking price of 550,000 you might expect to have a quite large range of properties to choose from across the capital.However, it ends up that not only are over half - 54 per cent - the overall properties on sale from that cost variety.
Top pointers for first time purchasers looking to get on property ladder
Andrew Phillips, from the Lincolnshire Credit Union, gives us his top financial tips for very first time buyers seeking to get onto the property ladder.Buying your very first home is one of the most stressful and biggest challenges you will face in your life.It will take a chunk out of your wage and it will most likely take you years in order to save and afford your first property.