Overseas property news

Ajman property committee to resolve quarrels

The emirate's government will soon introduce a committee equipped to quickly deal with Ajman property disputes

See Also:   Ajman, Legal, Marc Da-Silva

International lawyer calls it a day

Former Homes Overseas legal columnist John Howell is to close his International Law Partnership firm following a collapse in income

See Also:   Legal, Marc Da-Silva

Olympic 2020 would stimulate Dubai property sector

Potential plans by the ruler of Dubai to put together a bid to host the 2020 Olympic Games is looked upon as a decision that could boost the flagging Dubai property market

See Also:   Dubai, Marc Da-Silva, Olympic Games, UAE

Spanish mortgage lending down 42%

The volume of new mortgages approved in Spain in April dropped by 42% to 50,288, compared to the corresponding month in 2008, illustrating the extraordinary fall in demand for property in Spain

South Africa property shortage

Sepp Blatter, President of FIFA, football’s world governing body, fears that there could be a shortage of South Africa properties for next year's World Cup

See Also:   Marc Da-Silva, South Africa

Bespoke property firm formed in Oman

The National Bank of Oman, Bank Muscat and WJ Towell Property & Construction have teamed up to form a new estate agent in Oman

See Also:   Marc Da-Silva, Oman

Spain announces £85bn bank bail-out

The Spanish government has announced details of a rescue fund of up £85bn to help the country’s banks cope with a string of bad loans, including poor mortgages used to buy property in Spain

See Also:   Marc Da-Silva, Spain

Dubai property firms merge

Dubai property developers, including Emaar, have merged in an attempt to tackle the UAE property market downturn

See Also:   Dubai, Marc Da-Silva, UAE

Property helps boost Asian stock markets

Stock markets in Asia ended last week on a high, with property and bank shares posting the greatest gains

See Also:   China, Hong Kong, Marc Da-Silva

Brits taking advantage of strengthening pound

British demand for property overseas is on the rise once more, as a growing number of Britons seek to take advantage of the fact that sterling is now making gains on the euro

See Also:   Marc Da-Silva