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Remortgage Best Deals Launches in the UK

30th November 2010

RemortgageBestDeals.com has recently launched in the UK with the express aim of assisting homeowners and landlords to find the best possible remortgage deal according to their circumstances.

RemortgageBestDeals.com
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Distressed Assets Seminar Report

8th July 2010

Bold Spirit held another well attended Distressed Assets seminar on July 8th at London’s Institute of Directors on Pall Mall. The seminar allowed us to talk about current UK property market conditions as well as explain what we do and how our services can help the investor to make the right decisions in a changing market place.

Bold Spirit - Seminar Report
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Daniel Hunter Joins The Bold Spirit Property Team

5th July 2010

Daniel Hunter, a recent graduate in Real Estate Management from Liverpool John Moores University, has joined the Bold Spirit Property Team. Daniel, who has graduated with a first class degree, has already achieved some success winning the CBRE prize for best student and the LEGAT prize for his work on risk control in the property industry. Daniel is a welcome addition to the Bold Spirit team and will specialise in investment appraisal and due diligence.

Daniel Hunter
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What Does The Conservative Coalition Mean For The UK Property Market?

10th May 2010

It will be interesting to see what effect the new coalition government’s has on the UK property market.

One of several tensions however is that the Conservatives are instinctively for lower property taxes where the Liberal democrats generally want higher taxes across the board and think that that capital gains tax should be in line with income tax.

Bold Spirit - May News
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Gross mortgage lending up 24% in March

19th April 2010

Gross mortgage lending was an estimated £11.5 billion in March, a 24% rise from £9.3 billion in February and a 3% rise from £11.2 billion in March 2009, according to data published today by the Council of Mortgage Lenders.

The figures are in line with the typical seasonal pattern of a rise in lending volumes in March.

Bold Spirit - April News
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Mortgage market saw modest recovery in February

13th April 2010

The number of loans advanced for house purchase increased by 12% in February, according to figures released today by the Council of Mortgage Lenders.

January was extremely weak due to one-off factors such as the effect of the end of the stamp-duty exemption in December 2009 and the severe winter weather. So the 35,000 loans advanced (worth £5 billion) signifies a modest recovery.

Bold Spirit - April News
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Bold Spirit Charity Run

March 2010

Henry Powell-Jones, Alun Jones and Jonathan Fairhurst are running the 180 miles length of Offa’s Dyke Path from the south to the north Wales coasts to raise £10,000 for Help for Heroes and Clatterbridge Cancer Centre on the Wirral.

The run will start on Friday 25th June and should take four days (in theory) to complete.

Bold Spirit - March News
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Mortgage arrears declined in fourth quarter of 2009

11th February 2010

Mortgage lenders took 10,200 properties into possession in the fourth quarter of 2009 – 13% lower than in the third quarter, and 2% down on the fourth quarter of 2008, according to the Council of Mortgage Lenders.

This figure reflects the number of possessions taken by first charge lenders on both home-owner and buy-to-let mortgages.

Bold Spirit - February News
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Buy to Let – News – February 2010

February 2010

New buy-to-let lending increased for the second consecutive quarter in the last three months of 2009, according to figures released from the Council of Mortgage Lenders today.

For 2009 as a whole, there were 93,500 buy-to-let loans advanced. This is 58% down on the number advanced in 2008 (222,700) and is the lowest annual volume since 2001.

Bold Spirit - February News
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London Property Attracts Overseas Investors At 60% Discount

27th July 2009

Overseas investors armed with strong currencies relative to sterling are eager to snap up repossessed properties in London, with savvy buyers seeing long-term value in the UK’s capital city.

Distressed Assets, a Liverpool based company which specialises in sourcing bank repossessed property, has received a high volume of enquiries from abroad.

Bold Spirit - July Press Release
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