Daily Newsletter
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Top Stories : Friday 17th July
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Convict tour-guides for Naples
The city of Naples in Southern Italy is trying something
rather drastic in a bid to keep tourists safe from
street crime and the Mafia - and employing the old ‘if
you can't beat ‘em, join ‘em' mentality - by enlisting
former prisoners to act as tour guides and escort them
around the city...
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Leader of the pack
Dave Ames, Chairman of Harlequin Hotels and Resorts, is
delighted to welcome Andy Townsend, the former Republic
of Ireland Football Captain and regular ITV football
pundit, to his new role as an Ambassador to Harlequin's
Sports Academies and Schools in the Caribbean...
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It's not so grim up North
Being a doppleganger for war-torn East Berlin in the
Freedom Fighter film is one claim to fame Bradford would
rather forget. Long the poor relation to trendy Leeds,
perceptions of this racially-divided northern city are
finally on the up, and East Berlin is but a distant
memory. A £2bn extreme makeover is in progress, and the
city is ditching its down at heel image - and this week,
funding for Bradford's six acre city centre park, which
will hold the largest water feature in any UK city, was
secured...
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Daily Property News
Friday 17th July
Russians flock back to US
Rich Russians are returning to the US property market, lured by
distressed sales and the ruble's rise against the dollar, it is
claimed...
Mummy Madonna sells up
Madonna is unlikely to make a profit if, as seems likely, she
decides to sell her rambling Marylebone house on London‘s busy
Great Cumberland Place...
Suing over a hula
Two groups of property investors are demanding their money back
from the developers of the upscale Trump International Hotel &
Tower in Waikiki, Hawaii over claims that the property tycoon
was directly tied to the project...
Museums to test evening opening
The celebrated Vatican Museums, which house Michelangelo's
Sistine Chapel, are to experiment with late opening until 11:00
pm, the Osservatore Romano has said...
Grand eco scheme
Grand Designs Great British Refurb Campaign tackles inefficient
UK housing stock...
Jude falls for Cuba
After recently celebrating Christmas and his birthday in Havana,
with his ex-wife Sadie Frost and their three children Rafferty,
Iris and Rudy, Hollywood superstar Jude Law has fallen in love
with Cuba...
Cheaper US loans
The weekly average fixed borrowing rate to buy a USA property
fell last week, effectively lowering the cost of financing a
property purchase in the United States, according to Zillow...
More structure for buy-to-let
In a recent poll of 550 brokers, 54 per cent of respondents said
they would like to see buy-to-let regulated by the Financial
Services Authority (FSA)...
Sunny side up
The number of UK property construction firms in distress has
almost doubled in the last year but fewer have been facing
financial problems in the last three months, suggesting an
improved outlook...
Westfield hogging shoppers
Retailers on London's Kensington High Street have demanded the
Valuation Office Agency (VOA) cut their business rate bills by
as much as 20 per cent...
'IT couple' hit London
A new "golden couple" is about to storm London's artistic
salons. Edgar Bronfman Jnr and his wife Clarissa are leaving
their Manhattan Upper East Side town house with their four young
children and settling in Kensington, where eight-bedroom
mansions can cost from £10 million...
UK rents rise once more
According to research from Paragon Mortgages based on a survey
of experienced landlords, average UK private rental yields rose
to 6.4 per cent in the second quarter of 2009, up from 6.2 per
cent in the first quarter...
Don't use loan for deposit
Young people planning to make the most of the ailing housing
market by stepping on to the property ladder are taking out
loans so they can afford the deposit, research shows...
Brazil bouncing back
Brazil's federal savings bank reports that the volume of Brazil
property loan applications submitted escalated in Q1 2009...
Foreclosures hit high
USA property foreclosure levels hit record levels in the first
half of 2009 despite a number of Government stimulus packages
designed to aid the housing industry, according to a report out
today...
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