UK Banks quick to take money slow to give

Bank rate rises are always big news and the latest quarter point rise in interest rates to 5 per cent puts interest rates at their highest level for five years. Inflation figures which are hanging round the 2.5% have seen the Bank of England act to keep inflation under control, with a target rate of

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Florida property tax reforms

South Florida property prices are becoming beyond the reach of key workers in the sunshine state. New residential towers being built in Miami-Dade and Broward counties are now beyond the reach of teachers or public servants and other key workers. Calls are being made by Florida home owners for

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Portuguese property performing well in Europe

The market for Portuguese property is still a healthy and popular one, according to the latest research from currency specialist HiFX.Overseas property investors appear to be maintaining their interest in the Iberian country, despite strong competition from established areas such as France and Spain

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New Zealand property prices stabilising

The New Zealand property market is currently experiencing a period of stability in terms of house prices, the Real Estate Institute of New Zealand (REINZ) has said.According to the organisation, the national median price for residential property in New Zealand levelled off slightly in July compared

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Chinese real estate investments soar

The popularity of Chinese real estate has been demonstrated by a surge in levels of investment, it has emerged.Figures from the National Bureau of Statistics show that Chinese property investment reached 941.1 billion yuan (£62.7 billion) in July, an increase of 24 per cent compared to the sam

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